Lead Mortgage Underwriter

2 days ago


Bengaluru, Karnataka, India beBeeMortgage Full time US$ 80,000 - US$ 1,25,000

Job Summary:

An experienced mortgage underwriter is needed to review, condition and underwrite mortgage loans in accordance with established policies and procedures.

The ideal candidate will have expertise in live underwriting & real-time analysis, excellent income calculation and debt-to-income ratio calculation skills, as well as knowledge of credit bureau reports and loan documents.

Key Responsibilities:

  • Review and analyze mortgage loan applications to ensure eligibility, accuracy, completeness, and compliance with internal and regulatory guidelines.
  • Verify borrower's monthly income and expenses, as well as other relevant sections of the application.
  • Calculate asset requirements for closing and reserve purposes, as per guideline.
  • Make independent decisions regarding acceptance and risk of loans according to HUD, company, and investor guidelines.
  • Provide final approval underwriting of mortgage loans, complete all required paperwork and forms in a timely and accurate manner.
  • Work effectively with staff and management to find solutions on escalated loans and make recommendations for improving internal audit policies and practices.

Requirements:

  • Minimum 3 years of experience in conventional/govt end-to-end underwriting.
  • Well-versed with all 4C's of underwriting (asset, income, credit, and collateral).
  • Degree or equivalent qualification.

Benefits:

Opportunity to work with a dynamic team, competitive salary and benefits package, and professional growth opportunities.



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