
Experienced Mortgage Underwriter Wanted
6 hours ago
We are seeking a highly skilled Senior Underwriter to fill this key role. This individual will be responsible for thoroughly evaluating borrower profiles and making well-informed decisions regarding mortgage applications.
The ideal candidate should have at least 3.5 years of relevant experience in live end-to-end underwriting, with a strong understanding of credit report review, debt-to-income ratio assessment, loan-to-value ratio evaluation, and asset calculation.
This position will involve working on both UK Mortgage and US Mortgage underwriting, ensuring compliance with internal policies and regulatory guidelines. Strong analytical and decision-making skills, as well as excellent communication and stakeholder management skills, are essential for this role.
- Evaluate borrower profiles using the 4 Cs of Credit – Character, Capacity, Capital, and Collateral.
- Conduct a detailed Credit Report Review for accurate risk assessment.
- Work on both UK Mortgage and US Mortgage underwriting, including:
- Income Calculation (bi-weekly, monthly, quarterly).
- Debt-to-Income (DTI) ratio assessment.
- Loan-to-Value (LTV) ratio evaluation.
- Asset Calculation and PITI (Principal, Interest, Taxes, Insurance) review.
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