Senior Mortgage Underwriter

1 month ago


Chennai, Tamil Nadu, India 2coms Full time
About 2coms

2coms is an Indian multinational corporation that provides information technology, consulting, and business process services. We are one of the leading Big Tech companies, with capabilities ranging across cloud computing, computer security, digital transformation, artificial intelligence, robotics, data analytics, and other consulting services to customers in 167 countries. Our team is dedicated to delivering exceptional results and driving innovation.

Job Description

We are seeking a highly skilled Senior Underwriter to join our US Residential Mortgage Underwriting team. The successful candidate will be responsible for manually underwriting complex transactions to ensure loans meet established guidelines. This includes reviewing employment guidelines, performing income calculations, validating assets, and calculating debt-to-income ratios.

Key Responsibilities
  • Manual underwriting of complex transactions to ensure loan compliance with established guidelines
  • Reviewing employment guidelines and performing income calculations
  • Validating assets, including 401K, bank statements, and mutual funds
  • Calculating debt-to-income ratios and loan-to-value ratios
  • Reviewing credit reports and credit scores
  • Reviewing loan details, including loan applications, letters of explanation, and gift letters
  • Income verification on bank statement loans
  • Client-specific guideline review with alternate documentation
  • Understanding of counter offers and solutions to loans
  • Review of compliance documents
Requirements
  • 2+ years of experience in US Residential Mortgage Underwriting
  • Flexibility with shift timings
  • Ready to relocate to Chennai
  • Available for immediate joining only


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