Mortgage Underwriter

5 days ago


Pune, Maharashtra, India Mphasis Full time
About the Role

We are seeking a skilled Mortgage Underwriter to join our team at Mphasis. As a key member of our underwriting team, you will be responsible for evaluating mortgage loan applications and determining the level of risk associated with each loan.

Your primary objective will be to ensure that all loan applications meet the required guidelines and regulations, while also identifying potential risks and mitigating them where possible.

The successful candidate will have a strong understanding of underwriting principles and practices, as well as excellent analytical and communication skills.

Key Responsibilities
  • Evaluate mortgage loan applications to determine the level of risk associated with each loan
  • Review and analyze credit reports, income statements, and other financial documents to assess an applicant's creditworthiness
  • Determine whether a loan meets the required guidelines and regulations, including Conventional, FHA, and VA guidelines
  • Analyze loan files to identify potential risks and mitigate them where possible
  • Communicate loan decisions to applicants and stakeholders in a clear and timely manner
Requirements
  • Strong knowledge of underwriting principles and practices
  • Excellent analytical and communication skills
  • Ability to work independently and as part of a team
  • Strong organizational and time management skills
  • Minimum 2-3 years of experience working as a Residential Mortgage Underwriter
About Mphasis

Mphasis is a global IT services company that provides end-to-end business solutions to its clients. We are committed to delivering high-quality services and solutions that meet the evolving needs of our clients.

Salary Information

The estimated salary for this role is $80,000 - $110,000 per year, depending on experience and qualifications.



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