Mortgage Banking Specialist

5 hours ago


Ahmedabad, Gujarat, India beBeeMortgage Full time ₹ 2,40,000 - ₹ 4,50,000

Job Title: Mortgage Banking Specialist

About the Role:

We are seeking a skilled Mortgage Banking Specialist to join our team. As a Mortgage Banking Specialist, you will play a vital role in the mortgage lending process by assessing the creditworthiness and risk profile of potential borrowers.

Responsibilities:

  • Analyse and verify loan applications, ensuring all required documents are complete and accurate.
  • Assess the borrower's credit history, employment, income, and debt levels.
  • Confirm the property's value through appraisal reports.

Credit and Financial Analysis:

  • Evaluate credit reports to determine the borrower's creditworthiness.
  • Analyse financial statements, tax returns, pay stubs, and other income documentation.
  • Calculate debt-to-income (DTI) ratios and loan-to-value (LTV) ratios.

Compliance and Risk Assessment:

  • Ensure loans comply with all federal, state, and local regulations.
  • Adhere to company policies and guidelines.
  • Identify potential risks and assess the overall risk level of the loan.

Requirements:

  • Bachelor's degree in a related field.
  • Proven experience in mortgage processing or underwriting.
  • Strong knowledge of mortgage industry regulations and procedures.
  • Excellent analytical and problem-solving skills.
  • Detail-oriented with exceptional organizational abilities.
  • Proficiency in using mortgage processing software and financial tools.

Preferred Qualifications:

  • Certification in mortgage underwriting or related fields.

Contact Information:



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