Mortgage Underwriter for Residential Loans

3 days ago


Chennai, Tamil Nadu, India HCLTech Full time
About the Role

We are seeking a skilled Mortgage Underwriter to join our team at HCLTech. In this role, you will be responsible for reviewing and approving mortgage applications, ensuring compliance with regulatory requirements and company policies.

The ideal candidate will have extensive knowledge of GSE, Fannie Mae, Freddie Mac guidelines and requirements, as well as experience in analyzing income and employment, credit strength, property appraisal, debt-to-income, and loan-to-value ratios.

You will also be responsible for validating loan applications against investors' and government agencies' guidelines, reviewing loan files for completeness and accuracy, and confirming application information against all documents within the file.

Responsibilities
  • Analyze mortgage applications and supporting documentation to ensure compliance with regulatory requirements and company policies
  • Review loan files for completeness and accuracy, and confirm application information against all documents within the file
  • Validate loan applications against investors' and government agencies' guidelines
  • Evaluate debt ratio, loan-to-value ratios, credit score, and property valuation
  • Identify risk factors, including fraud red flags, to determine or verify misrepresentation
  • Condition files for missing or supporting documentation as needed
Requirements
  • Bachelor's degree in any stream
  • 3-5 years of experience in mortgage underwriting or related field
  • Extensive knowledge of GSE, Fannie Mae, Freddie Mac guidelines and requirements
  • Excellent analytical and problem-solving skills
  • Strong attention to detail and organizational skills
  • Ability to work in a fast-paced environment and meet deadlines
About Us

HCLTech is a leading IT services company that provides technology solutions to businesses around the world. We are committed to delivering high-quality services and solutions to our clients, and we are seeking talented individuals like you to join our team.

What We Offer
  • A competitive salary of $80,000 - $100,000 per annum, depending on experience
  • A comprehensive benefits package, including health insurance, retirement plan, and paid time off
  • Ongoing training and development opportunities to enhance your skills and career
  • A collaborative and dynamic work environment with a diverse team of professionals
Salary Range

$80,000 - $100,000 per annum



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