Residential Loan Specialist

2 days ago


Pune, Maharashtra, India Mphasis Full time
About the Role

We are looking for a talented Home Financing Analyst to join our team at Mphasis. In this role, you will be responsible for underwriting residential mortgage loans and analyzing financial data to identify potential risks.

You will work closely with our production staff to secure all required documents and scrutinize accounts from which applicant's funds originate. Your ability to perform duties under minimal supervision and actively engage with supervisor to resolve complicated issues will be essential to your success in this role.

Key Responsibilities:

  • Underwrite residential mortgage loans in accordance with Conventional/FHA and VA guidelines
  • Reviews/analyzes loan files submitted for borrowers to ensure file meets loan program requirements
  • Input of data and analysis of findings in Loan Prospector, Desktop Underwriter, Asset wise, other AUS engines, and OES

Requirements:

  • Strong knowledge of income calculations, tax returns, reading credit reports, identifying red flags
  • Experience in reviewing appraisal and title, and ability to recognize red flags and ineligible properties
  • Good planning skills

Estimated Salary: $65,000 - $85,000 per year

Location: Pune and Chennai (Work from office)



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