U.S Home Financing Expert

3 days ago


Surat, Gujarat, India beBeeMortgage Full time ₹ 15,00,000 - ₹ 20,00,000

Job Title: Mortgage Loan Specialist

Mortgage Loan Specialists play a crucial role in the mortgage lending process by assessing the creditworthiness and risk profile of potential borrowers. Their responsibilities include analyzing financial information, reviewing loan applications, and making informed decisions to approve, conditionally approve, or deny mortgage loans.

This position ensures that all loans meet the company's lending standards and regulatory requirements.

Key Responsibilities:

  • Analyze and verify loan applications, ensuring all required documents are complete and accurate.
  • Evaluate credit reports to determine the borrower's creditworthiness.
  • Assess the property's value through appraisal reports.

Credit and Financial Analysis:

  • Calculate debt-to-income (DTI) ratios and loan-to-value (LTV) ratios.
  • Analyze financial statements, tax returns, pay stubs, and other income documentation.

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:

  • A bachelor's degree in a relevant field.
  • Proven experience in mortgage processing or underwriting.
  • Strong knowledge of mortgage industry regulations and procedures.

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