Senior Mortgage Loan Analyst

2 days ago


Bengaluru, Karnataka, India beBeeAnalysis Full time ₹ 60,00,000 - ₹ 1,20,00,000
Job Title: Senior Mortgage Loan Analyst

The Senior Mortgage Loan Analyst is responsible for reviewing and underwriting mortgage loans in accordance with established policies and procedures. They examine all documentation for accuracy and completeness, ensuring that the loan meets the required standards.

Key Responsibilities:
  • Review and Analysis: Review and analyse the mortgage loan application to ensure eligibility, accuracy, completeness, and compliance with internal and regulatory guidelines to minimize risk factors.
  • Data Review: Review all required loan data, reports, and inspections to insure the collateral is acceptable to investor and the company.
  • Expertise: Apply knowledge of Lending & Underwriting Guidelines, Credit & Income Analysis, Cash Flow Analysis, Risk Assessment, Loan-to-Value Ratios, Debt-to-Income Ratios.
  • Verification: Verify loan, property, borrowers' information with other available documents, monthly income and expenses, and other relevant sections.
  • Calculation: Calculate asset required for closing and reserve purpose for the transaction.
  • Decision Making: Make independent decisions regarding acceptance and risk of loans according to HUD, company, and investor guidelines.
  • Final Approval: Provide final approval underwriting of mortgage loans.

Maintain high level of customer service and communication with other departments.


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