Mortgage Underwriter Professional for Residential Loans

2 days ago


Chennai, Tamil Nadu, India HCLTech Full time

Excel in your career with HCLTech, a leading global technology company. We are seeking a skilled Mortgage Underwriter to join our team.

Job Overview:

As a Mortgage Underwriter, you will play a critical role in evaluating loan applications and determining creditworthiness. You will be responsible for analyzing borrower information, verifying income and employment details, reviewing credit history, and calculating collateral values.

About the Role:

  1. You will work under moderate supervision, applying maturing knowledge of the business, its products, and processes.
  2. Evaluate and verify applications to determine whether borrowers can repay loans by performing detailed income verification and analysis.

Key Responsibilities:

You will verify income and employment information, review credit history, including bankruptcy, fraud alerts, bankruptcy discharge, delinquency, and foreclosures. Calculate the value of borrower's collateral and assets, ensuring that property specifications and loan terms meet bank requirements and government regulations.

Required Skills and Qualifications:

  • Excellent reading and comprehension skills.
  • Excellent decision-making skills backed by relevant details and research.
  • Good analytical and audit skills.
  • Good oral and written communication skills, along with good listening skills.
  • Knowledge of regulations governing mortgage lending.
  • Logical and reasoning skills.
  • Ability to multitask.
  • Must pay close attention to detail.

Minimum Requirements:

  1. Bachelor's degree in any discipline, preferably B. Com/BBA/MBA.
  2. 3 to 5 years of overall banking experience, with a minimum of 1 to 2 years' experience in residential Mortgage Underwriting for Conventional/FHA/VA loans.

Benefits:

HCLTech offers a competitive salary range of $70,000 - $90,000 per annum, depending on location and experience. Benefits include a virtual-first work environment, promoting work-life integration and flexibility. You will have opportunities to work with colleagues across the globe and access learning and career development programs at every level.

Why Join Us?

We are one of the fastest-growing large tech companies in the world, with offices in over 60 countries and 222,000 employees. Our company is extremely diverse, with 165 nationalities represented. We offer unlimited opportunities to find the right role that fits your skills and interests.



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