Loan Approval Specialist

2 weeks ago


Bengaluru, Karnataka, India beBeeUnderwriter Full time ₹ 8,00,000 - ₹ 15,00,000
Loan Reviewer Job Summary

Job Overview:

  • Review, assess and approve US mortgage loans in accordance with established policies and procedures.
  • Examine all loan documentation for accuracy and completeness.

Key Responsibilities:

  • Conduct thorough reviews of mortgage loan applications to ensure eligibility, accuracy and completeness.
  • Verify loan, property and borrower information against available documents.
  • Assess borrowers' monthly income and expenses.
  • Review collateral-related documents.
  • Calculate assets required for closing and reserve purposes.
  • Make independent decisions regarding loan acceptance and risk management.
  • Provide final approval for mortgage loan underwriting.
  • Prepare and complete all required paperwork and forms in a timely manner.
  • Work with staff and management to resolve escalated loan issues.

Requirements:

  • Degree or Equivalent.
  • Minimum 4 years of experience in conventional/govt end-to-end underwriting.
  • Strong knowledge of the 4Cs of Underwriting (Asset, Income, Credit, and Collateral).
Skills and Qualifications
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Ability to work independently and as part of a team.
  • Proficiency in Encompass software.


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