Loan Review Specialist

3 days ago


Eluru, India beBeeMortgage Full time

The role of the Underwriter involves reviewing loan files for compliance with regulatory and client guidelines/overlays, analyzing income & employment, credit strength, capacity to repay, property appraisal, title report, and calculating LTV/CLTV/HCLTV/DTI/HTI.Key responsibilities include reviewing loan files for adherence to regulatory requirements, evaluating creditworthiness, assessing ability to repay, and identifying potential risks.A strong understanding of Desktop Underwriter (DU) and Loan Prospector (LP) is essential for this role. The ideal candidate will also have sound knowledge of Fannie Mae & Freddie Mac Guidelines and be able to interpret state rules, statute laws, federal regulations, and investor guidelines to apply them to specific loans.The successful candidate will have 3+ years of live Mortgage Underwriting experience and be able to obtain and decipher AUS findings (DU and LP). Excellent verbal and written communication skills are essential for this role.This position requires a professional with expertise in mortgage underwriting, including knowledge of US Mortgage Originations, closing procedures, and federal and state lending laws.



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