Mortgage Underwriting Specialist

1 day ago


Aurangabad, Maharashtra, India beBeeUnderwriting Full time ₹ 30,00,000 - ₹ 50,00,000
Mortgage Underwriter

Our organization is seeking a detail-oriented professional to review and verify loan applications, ensuring compliance with lending regulations and company policies.

  • Thoroughly analyze credit data on loan files, verifying borrower income and employment history.
  • Assess property values to determine eligibility for mortgage underwriting.
  • Recalculate debt-to-income ratios and evaluate borrower debt load.
  • Verify accuracy in closing documents and disclosures.
  • Ensure correct note, mortgage, and assignment document formatting.
  • Identify and comment on loan inaccuracies and deficiencies.
  • Assign loan-level defects based on severity and type of deficiency.

Requirements:

  • Minimum 1-5 years' experience in mortgage underwriting, processing, or quality control.
  • Bachelor's degree in business or related field; or equivalent work experience.
  • Knowledge of Fannie Mae, Freddie Mac, FHA, and VA lending is required.
  • Highly desirable: knowledge of TRID compliance.

What We Offer:

  • A dynamic work environment with opportunities for growth and development.
  • A competitive compensation package and comprehensive benefits.
  • The chance to work with a talented team of professionals.

How to Succeed:

  • Develop and maintain expertise in mortgage underwriting processes and procedures.
  • Stay up-to-date with industry developments and regulatory changes.
  • Collaborate effectively with colleagues and stakeholders.


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