Conventional Loan Underwriting Specialist

1 day ago


lucknow, India beBeeUnderwriting Full time

Job Title: Conventional Loan Underwriting SpecialistJob Description:We are seeking an experienced underwriting professional to join our team as a Conventional Loan Underwriting Specialist. In this role, you will be responsible for reviewing and analyzing mortgage applications, ensuring compliance with regulatory requirements and lender guidelines.Required Skills and Qualifications:Working knowledge of US Mortgage Originations, closing procedures, federal and state lending laws.Familiarity with all 4C's of underwriting and experience in end-to-end underwriting of Conventional loans.Strong understanding of Desktop Underwriter (DU) and Loan Prospector (LP).Sound knowledge of Fannie Mae & Freddie Mac Guidelines.Benefits:As a Conventional Loan Underwriting Specialist, you will have the opportunity to work with a dynamic team and contribute to the success of our organization. You will also receive competitive compensation and benefits, including health insurance, retirement savings plan, and paid time off.Others:Our ideal candidate will be able to interpret state rules, statute laws, federal regulations & investor guidelines and apply them to specific loans. They should also be able to analyze income & employment, credit strength, capacity to repay, property appraisal, title report; calculate and analyze LTV/CLTV/HCLTV/DTI/HTI, check all other information relevant to the credit decision process on each mortgage application.



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