
Mortgage Risk Assessment Specialist
4 days ago
Delivering high-quality mortgage lending services requires meticulous attention to detail and a deep understanding of risk management principles. As a Mortgage Risk Assessment Specialist, you will play a vital role in ensuring the accuracy and compliance of mortgage loan applications.
Key Responsibilities- Analyze loan data, reports, and inspections to identify potential risk factors and assess their impact on the loan's viability.
- Develop and maintain expertise in lending and underwriting guidelines, credit analysis, cash flow assessment, risk evaluation, and loan-to-value ratios.
- Verify loan, property, and borrower information, including asset requirements for closing and reserve purposes, to ensure alignment with regulatory standards.
- Making informed decisions regarding loan acceptance and risk levels based on HUD, investor, and company guidelines.
Qualifications:
- 4+ years of experience in conventional/government end-to-end underwriting.
- Familiarity with the 4Cs of underwriting (Asset, Income, Credit, and Collateral) and ability to apply them effectively in assessing loan risk.
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