
Senior Conventional Mortgage Specialist
1 week ago
The Conventional Mortgage Underwriter reviews, conditions and underwrites mortgage loans in accordance with established policies and procedures and appropriate guidelines; examines all documentation for accuracy and completeness.
Key Requirements:
- 4 years and above experience in conventional/govt end to end underwriting.
- Degree or Equivalent education qualification.
Responsibilities include:
- Reviewing and analysing the mortgage loan application to ensure eligibility, accuracy, completeness, and compliance with internal and regulatory guidelines to minimize risk factors.
- Reviewing all required loan data, reports, and inspections to insure the collateral is acceptable to investor and company.
- Knowledge of Lending & Underwriting Guidelines | Credit & Income Analysis | Cash Flow Analysis | Risk Assessment | Loan-to-Value Ratios | Debt-to-Income Ratios.
Skills needed:
- Expertise in 4C's framework (Credit, Capacity, Collateral and Capital).
- Familiar in Credit report Analysis & LOX (Letter of Explanation).
- Knowledge on Credit Bureau, Documents to approve the loan, Familiar with different account types.
Benefits:
- Work from home/remote opportunity.
- US Mortgage Process (only night shifts).
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