Mphasis | Mphasis | Mortgage Underwriter | pune | pune

2 weeks ago

pune, India Mphasis Full time

Job Title: Underwriter


Job Type: Full time Job Opportunity


Work Location Available: Pune (Work from office)


Shift time: Monday to Friday (6.30 pm to 3.30 am)


Essential Job Functions:


  • Underwrite residential mortgage loans in accordance with Conventional/ FHA and VA guidelines.
  • Reviews/analyzes loan files submitted for borrowers to ensure file meets loan program requirements. Includes individual analysis of: loan application, credit profile/report(s), debt and assets, income/financial statements, loan values/loan-to-value ratios, appraisal reports, collateral and supporting documentation.
  • Input of data and analysis of findings in Loan Prospector, Desktop Underwriter, Asset wise, other AUS engines, and OES
  • Analyze income from salaried, commissioned, self-employed, investments, fixed income sources.
  • Analyze assets statements for all types of asset accounts
  • Identifies/calculates loan risk of loss.
  • Should have good knowledge and understanding about the 4C's of Underwriting.
  • Conditions files for missing/supporting documentation.
  • Revisits loans to review and clear conditions.
  • Escalates fraud files to Credit Manager/Risk Management team.
  • Communicate status and decisions (approval, suspense, denial) to the appropriate individuals in accordance with company SLA’s
  • Strong organizational skills.
  • Excellent communication skills (written and oral).
  • Excellent customer service skills.
  • Strong computer proficiency – i.e. – Microsoft Word, Excel, Electronic Mail, Internet and Automated Underwriting Systems
  • Review and verify income, employment and credit history of applicant, requesting additional information as needed.
  • Examine loan documentation for accuracy and completeness, while working with Mortgage Consultant and/or production staff to secure all required documents
  • Scrutinize accounts from which applicant’s funds originate.
  • Review property appraisal to see if property valued correctly to warrant the loan amount requested.
  • Ability to perform duties under minimal supervision and actively engage with supervisor to resolve complicated issues
  • Strong time management skills to plan and organize a high daily loan volume


Requirements

  • Strong knowledge of income calculations, tax returns, reading credit reports, identifying red flags
  • Experience in reviewing appraisal and title, and ability to recognize red flags and ineligible properties
  • Good planning skills
  • Good balance between people, process & clients
  • Good client management & relationship building skills
  • Ability to work in Night shift
  • Open to Work from Office
  • Should have minimum 2 to 3 years of Experience working as Residential Mortage Underwriter.


Kindly apply, only if you are specifically working as a US Mortgage Underwriter (Residential)

  • Mphasis | Mortgage Underwriter | pune

    2 weeks ago

    pune, India Mphasis Full time

    Job Title: Underwriter Job Type: Full time Job Opportunity Work Location Available: Pune (Work from office) Shift time: Monday to Friday (6.30 pm to 3.30 am) Essential Job Functions: Underwrite residential mortgage loans in accordance with Conventional/ FHA and VA guidelines. Reviews/analyzes loan files submitted for borrowers to ensure file meets loan...

  • Mphasis | Mortgage Underwriter | pune

    1 week ago

    pune, India Mphasis Full time

    Job Title: Underwriter Job Type: Full time Job Opportunity Work Location Available: Pune (Work from office) Shift time: Monday to Friday (6.30 pm to 3.30 am) Essential Job Functions: Underwrite residential mortgage loans in accordance with Conventional/ FHA and VA guidelines. Reviews/analyzes loan files submitted for borrowers to ensure file meets...

  • Mphasis | Mortgage Underwriter | pune

    3 weeks ago

    pune, India Mphasis Full time

    Job Title: Underwriter Job Type: Full time Job Opportunity Work Location Available: Pune (Work from office) Shift time: Monday to Friday (6.30 pm to 3.30 am) Essential Job Functions: Underwrite residential mortgage loans in accordance with Conventional/ FHA and VA guidelines. Reviews/analyzes loan files submitted for borrowers to ensure file meets...

  • Mphasis | Mortgage Underwriter | pune

    3 weeks ago

    pune, India Mphasis Full time

    Job Title: Underwriter Job Type: Full time Job Opportunity Work Location Available: Pune (Work from office)Shift time: Monday to Friday (6.30 pm to 3.30 am)Essential Job Functions: Underwrite residential mortgage loans in accordance with Conventional/ FHA and VA guidelines.Reviews/analyzes loan files submitted for borrowers to ensure file meets loan program...

  • Mphasis | Mortgage Underwriter | pune

    3 weeks ago

    pune, India Mphasis Full time

    Job Title: Underwriter Job Type: Full time Job Opportunity Work Location Available: Pune (Work from office) Shift time: Monday to Friday (6.30 pm to 3.30 am) Essential Job Functions: Underwrite residential mortgage loans in accordance with Conventional/ FHA and VA guidelines. Reviews/analyzes loan files submitted for borrowers to ensure file meets...

  • Mphasis | Underwriter | pune

    1 week ago

    pune, India Mphasis Full time

    About the Company - Digital Risk’s mission to Make Mortgages Safe relies on the perfect blending of human experience and state-of-the-art technology to serve its workforce and clients. Digital Risk’s 1,500+ team members make us one of the largest mortgage outsource providers in the U.S., supplying appraisal and mortgage processing, underwriting and...

  • Mphasis | Underwriter | pune

    2 weeks ago

    pune, India Mphasis Full time

    About the Company - Digital Risk’s mission to Make Mortgages Safe relies on the perfect blending of human experience and state-of-the-art technology to serve its workforce and clients. Digital Risk’s 1,500+ team members make us one of the largest mortgage outsource providers in the U.S., supplying appraisal and mortgage processing, underwriting and...

  • Mphasis | Underwriter | pune

    1 week ago

    pune, India Mphasis Full time

    About the Company - Digital Risk’s mission to Make Mortgages Safe relies on the perfect blending of human experience and state-of-the-art technology to serve its workforce and clients. Digital Risk’s 1,500+ team members make us one of the largest mortgage outsource providers in the U.S., supplying appraisal and mortgage processing, underwriting and...

  • Mortgage Underwriter

    5 days ago

    Pune, Maharashtra, India Mphasis Full time

    About the RoleWe are seeking a skilled Mortgage Underwriter to join our team at Mphasis. As a key member of our underwriting team, you will be responsible for evaluating mortgage loan applications and determining the level of risk associated with each loan.Your primary objective will be to ensure that all loan applications meet the required guidelines and...

  • Mphasis | Senior Mortgage Underwriter | pune

    2 weeks ago

    pune, India Mphasis Full time

    About the Company - Digital Risk’s mission to Make Mortgages Safe relies on the perfect blending of human experience and state-of-the-art technology to serve its workforce and clients. Digital Risk’s 1,500+ team members make us one of the largest mortgage outsource providers in the U.S., supplying appraisal and mortgage processing, underwriting and...

  • Mphasis | QA

    6 days ago

    pune, India Mphasis Full time

    Quality AnalystPosition OverviewQuality Analyst will be responsible to assist the team through learning needs by conducting trainings, Quality Checks, Floor support and feedback sessions with the team.Essential Job Functions:· Responsible for quality assurance of verification of Homeowners insurance and employment and monitor written and verbal...

  • Mphasis | Senior Mortgage Underwriter | pune

    4 weeks ago

    pune, India Mphasis Full time

    Underwriter Digital Risk’s mission to Make Mortgages Safe relies on the perfect blending of human experience and state-of-the-art technology to serve its workforce and clients. Digital Risk’s 1,500+ team members make us one of the largest mortgage outsource providers in the U.S., supplying appraisal and mortgage processing, underwriting and closing to...

  • Mphasis | Senior Mortgage Underwriter | pune

    4 weeks ago

    pune, India Mphasis Full time

    UnderwriterDigital Risk’s mission to Make Mortgages Safe relies on the perfect blending of human experience and state-of-the-art technology to serve its workforce and clients. Digital Risk’s 1,500+ team members make us one of the largest mortgage outsource providers in the U.S., supplying appraisal and mortgage processing, underwriting and closing to the...

  • Mphasis | Senior Mortgage Underwriter | pune

    2 weeks ago

    pune, India Mphasis Full time

    About the Company - Digital Risk’s mission to Make Mortgages Safe relies on the perfect blending of human experience and state-of-the-art technology to serve its workforce and clients. Digital Risk’s 1,500+ team members make us one of the largest mortgage outsource providers in the U.S., supplying appraisal and mortgage processing, underwriting and...

  • Residential Mortgage Underwriter

    2 days ago

    Pune, Maharashtra, India Mphasis Full time

    About the RoleWe are seeking a skilled Residential Mortgage Underwriter to join our team at Mphasis. As a key member of our underwriting team, you will be responsible for analyzing loan applications and determining whether borrowers meet our creditworthiness standards.Key ResponsibilitiesAnalyze residential mortgage loan applications to ensure compliance...

  • Quality Control Specialist in Mortgage Underwriting

    1 week ago

    Pune, Maharashtra, India Mphasis Full time

    About MphasisMphasis is a leading provider of mortgage solutions, with a team of 1,500+ experts dedicated to making mortgages safe.

  • Mortgage Underwriting Specialist

    1 week ago

    Pune, Maharashtra, India Mphasis Full time

    About the RoleAt Mphasis, we're committed to making mortgages safe and secure. As a Mortgage Underwriting Specialist, you'll play a critical role in reviewing mortgage files submitted to underwriting. This position requires strong analytical skills, attention to detail, and excellent organizational abilities.The successful candidate will be responsible for...

  • Mortgage Underwriting Specialist

    2 weeks ago

    Pune, Maharashtra, India Mphasis Full time

    Job Summary: We are seeking an experienced Mortgage Underwriter to join our team at Mphasis.About the Role: As a Mortgage Underwriter, you will play a critical role in ensuring that mortgage loans are properly underwritten and meet all regulatory requirements.Key Responsibilities:Review mortgage files to ensure accuracy and completenessAnalyze income,...

  • Loan Underwriter Expert

    1 week ago

    Pune, Maharashtra, India Mphasis Full time

    About the CompanyMphasis is a global IT services company that enables businesses to succeed in today's digital world. As a leading mortgage outsource provider, we supply appraisal and mortgage processing, underwriting, and closing to the largest banks and loan originators.As a Loan Underwriter Expert, you will play a critical role in our mission to make...

  • Mphasis API Platform Architect

    1 week ago

    Pune, Maharashtra, India Mphasis Full time

    We are seeking a highly skilled Mphasis API Platform Architect to join our team in Pune, India. The successful candidate will be responsible for designing and implementing APIs using ESB and Spring Boot or Spring Restful.About the Role:Design and develop APIs using ESB and Spring Boot or Spring RestfulExperience with project planning or providing inputs to...