Mortgage Credit Specialist

7 days ago


Malappuram, India beBeeUnderwriter Full time

About Mortgage Underwriting RoleMortgage underwriters play a crucial role in ensuring the accuracy and integrity of loan decisions.They are responsible for evaluating complete loan documents, verifying trade lines, derogatory accounts, public records, and credit reconciliation.In addition to their analytical skills, mortgage underwriters must also possess strong communication skills to effectively convey their findings to stakeholders.Key ResponsibilitiesEvaluate loan documents for completeness and accuracyAnalyze credit reports to identify potential risks and opportunitiesPerform thorough income calculations, including salaried income, business income, retired other income, and rental incomeReview collateral and property valuation to ensure alignment with loan requirementsConduct credit analysis based on borrower's Income, Asset, Liability, and Collateral (4C of Underwriting) to determine credit worthinessAbout YouA minimum of 5 years of experience in US Mortgage underwriting is requiredStrong knowledge of US residential mortgage guidelines and regulationsExposure to underwriting processes and guidelines is essential



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