Mortgage Underwriter Career Opportunity

5 hours ago

Chennai, Tamil Nadu, India beBeeLoan Full time ₹ 1,40,00,000 - ₹ 1,60,00,000
Job Title: Loan Underwriter Specialist

This is an exciting opportunity to join our organization as a Loan Underwriter Specialist. As a key member of our team, you will play a vital role in ensuring the accuracy and compliance of loan documents.

About the Role:

The Senior Underwriter plays a crucial role in reviewing mortgage files, calculating income, analyzing debt and assets, and ensuring overall loan documents are accurate and compliant. This position requires strong analytical and interpersonal skills, as well as excellent communication and time management abilities.

Responsibilities:

  • Perform complete and in-depth review of mortgage loan files, including income, assets, credit, and collateral.
  • Utilize client's loan operating system to ensure accurate data entry.
  • Underwrite loans in accordance with client guidelines, utilizing Automated Underwriting Systems (AUS) or manual guidelines.
  • Evaluate and ensure overall loan documents are accurate, complete, and compliant.
  • Identify and/or clear red flags or alerts.
  • Issue loan decisions and condition files accordingly.
  • Review and approve conditions for compliance and completion of loan file.
  • Provide excellent customer service to internal and external clients.
  • Maintain current knowledge of client and investor requirements.
  • Resolve pre and post-closing issues as they relate to underwriting.
  • Assist Processors/Loan Officers in understanding underwriting decisions and conditions.
  • Work effectively in high-stress environments while delivering high-level customer service.
  • Be willing and able to work outside of normal business hours when necessary.

Qualifications:

  • Minimum 2+ years of conventional mortgage loan underwriting experience.
  • Strong knowledge of income calculations, tax returns, reading credit reports, identifying red flags.
  • Basic knowledge of appraisal and ability to recognize red flags and ineligible properties.
  • Thorough working knowledge of GSE underwriting guidelines and automated underwriting engines (DU/LP).
  • Strong analytic, interpersonal, and verbal and written communication skills.
  • Detail-oriented with strong ability to time manage.
  • Ability to work in a flexible and production-oriented environment.
  • Must be willing and able to work as part of a team.
  • Strong capability to work in multiple systems – paperless environment.
  • Must be willing to work in strict security environment.
  • NMLS-MLO Licensure preferred.

Requirements:

  • Available to work outside of normal business hours when necessary.
  • Ability to identify and/or clear red flags or alerts.
  • Experience working with Automated Underwriting Systems (AUS).

  • Career Opportunities in Mortgage and Quality

    9 hours ago

    Chennai, Tamil Nadu, India beBeeMortgage Full time ₹ 15,00,000 - ₹ 25,00,000

    Opportunity for Career Growth in Mortgage and QualityWe are seeking passionate professionals who share our vision to innovate, grow, and make a meaningful impact. Our company values expertise and enthusiasm alike, and we invite you to explore opportunities across various domains.Mortgage Underwriter: This role requires experience as an underwriter with 3+...

  • Mortgage Underwriter Specialist

    1 week ago

    Chennai, Tamil Nadu, India beBeeMortgageUnderwriter Full time ₹ 7,00,000 - ₹ 10,00,000

    Loan Underwriter OpportunityAs a Loan Underwriter, you will play a vital role in ensuring the mortgage lending process is accurate and compliant with regulatory requirements. Your responsibility will be to analyze financial information, review loan applications, and make informed decisions to approve, conditionally approve, or deny mortgage loans.Key...

  • mortgage opportunities

    7 days ago

    Chennai, Tamil Nadu, India beBeeMortgage Full time US$ 1,04,000 - US$ 1,30,878

    Job Title: Mortgage UnderwriterAt our company, we are seeking a highly skilled Mortgage Underwriter to join our team. The successful candidate will be responsible for verifying loan applications and reviewing all 4 Cs, evaluating risks, and making loan eligibility decisions.As a Mortgage Underwriter, you will have the opportunity to work with a variety of...

  • US Mortgage Career

    3 days ago

    Chennai, Tamil Nadu, India beBeeMortgage Full time ₹ 12,00,000 - ₹ 15,00,000

    Senior Underwriting Expert OpportunityWe are seeking a highly skilled Senior Processor with expertise in mortgage underwriting to join our team.Key Requirements:4-7 years of experience in mortgage underwritingAbility to review credit reports and calculate salary income, self-employment, assets, DTI, LTV, PITISuccessful candidates will have the opportunity to...

  • Exciting Opportunity for Experienced Mortgage Underwriter

    2 days ago

    Chennai, Tamil Nadu, India beBeeMortgage Full time ₹ 1,20,00,000 - ₹ 1,80,00,000

    Job Title: Mortgage Underwriter - Ensure Compliance and ExcellenceWe are seeking a skilled Mortgage Underwriter to join our team. As a Mortgage Underwriter, you will be responsible for auditing loans underwritten by credit officers to ensure compliance with regulatory requirements.The ideal candidate will have strong analytical and financial assessment...

  • Mortgage Underwriter Job Opening

    4 days ago

    Chennai, Tamil Nadu, India beBeeMortgage Full time ₹ 8,00,000 - ₹ 14,00,000

    Senior Mortgage Professional">We are seeking an experienced Senior Mortgage Professional to join our organization. The ideal candidate will have a strong background in mortgage underwriting and proficiency with automated underwriting systems.">The Senior Mortgage Professional will be responsible for thoroughly reviewing mortgage files, accurately calculating...

  • Manager Mortgage Underwriting

    11 hours ago

    Chennai, Tamil Nadu, India HCLTech Full time

    We are hiring for a Manager Mortgage Underwriting. Please find the below Key tasks and responsibilities for the same: Key Responsibilities. Underwriting Leadership - Oversee daily operations of the underwriting team, ensuring timely and accurate decisions on loan files. - Manage underwriting for FHA, VA, USDA, Fannie Mae, Freddie Mac, and jumbo loan...

  • Underwriter - U.S Mortgage

    3 weeks ago

    Chennai, Tamil Nadu, India Talentgigs Full time

    JOB TITLE:U.S Mortgage Underwriter SHIFT TIMING: Must be open for Night Shift POSITION TYPE: Full-Time LOCATION: Chennai Experience Range: 0.6 months – 8 years Notice period: UPTO45Days Job description A Mortgage Underwriter plays a crucial role in the mortgage lending process by assessing the creditworthiness and risk profile of potential...

  • Underwriter - U.S Mortgage

    14 hours ago

    Chennai, Tamil Nadu, India Talentgigs Full time ₹ 15,00,000 - ₹ 28,00,000 per year

    JOB TITLE:U.S Mortgage UnderwriterSHIFT TIMING: Must be open for Night ShiftPOSITION TYPE: Full-TimeLOCATION: ChennaiExperience Range: 0.6 months – 8 yearsNotice period: UPTO45DaysJob descriptionA Mortgage Underwriter plays a crucial role in the mortgage lending process by assessing the creditworthiness and risk profile of potential borrowers. The position...

  • Senior Mortgage Underwriting Specialist

    1 week ago

    Chennai, Tamil Nadu, India beBeeUnderwriter Full time ₹ 12,00,000 - ₹ 16,00,000

    At the forefront of mortgage processing, this role calls for an experienced professional to spearhead underwriting operations. The ideal candidate will possess a deep understanding of financial metrics and lending practices.">4-7 years of experience in the 4Cs of underwriting: Character, Capacity, Capital, and Collateral.Strong knowledge of DTI...