Loan Review Specialist

5 days ago


kannur, India beBeeUnderwriter Full time

Loan Review SpecialistAs a key member of our team, you will play a vital role in ensuring the accuracy and integrity of mortgage loan applications.Sound knowledge of Fannie Mae & Freddie Mac Guidelines.Excellent analytical and problem-solving skills to review loan files for compliance with all regulatory and client guidelines/overlays.A strong understanding of Desktop Underwriter (DU) and Loan Prospector (LP).Interpret state rules, statute laws, federal regulations, and investor guidelines, and apply them to specific loans.Closely analyze income & employment, credit strength, capacity to repay, property appraisal, title report, and other relevant information to determine whether a loan is acceptable to the lender.Experience in end-to-end underwriting of Conventional loans is highly desirable.Audit the file from a closing & compliance standpoint on a daily basis and note any exceptions.Cite conditions for missing documents in an effective manner.Working knowledge of various fraud tools is necessary.Review and assess loan applications to identify potential risks and approve or deny loans accordingly.Good decision-making skills to ensure accurate loan decisions.Strong communication skills to effectively communicate with stakeholders.



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