Senior Mortgage Loan Specialist

3 days ago


bareilly, India beBeeCredit Full time

Live Underwriter Position OverviewCandidates for this role should have a strong background in US mortgage underwriting, with expertise in Live Underwriting and knowledge of FNMA, FHLMC, GNMA, and investor guidelines.The ideal candidate will possess excellent analytical skills, decision-making abilities, and strong communication skills.Responsibilities include evaluating loan documents, reviewing credit reports, calculating income, verifying assets, and validating borrower's creditworthiness.Evaluate complete loan documents to provide approval or denial decisions.Complete review of credit reports to verify trade lines, derogatory accounts, public records, and credit reconciliation.Thoroughly calculate borrower's income, including salaried income, business income, retired other income, and rental income.Review collateral and property valuation information.Verify borrower's bank account statements, retirement accounts, mutual funds, and other investments.Analyze borrower's Income, Asset, Liability, and Collateral (4C of Underwriting) to determine credit worthiness.Validate and process loan documents on behalf of a mortgage lender.



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