UK Mortgage Underwriter Position with Competitive Salary

15 hours ago


Chennai, Tamil Nadu, India HCLTech Full time

HCL Technologies is seeking a highly skilled underwriter to join their team in Navallur, Tamil Nadu. As an underwriter, you will be responsible for evaluating mortgage applications and ensuring compliance with regulatory requirements.

Job Description

This position involves reviewing loan files for completeness and accuracy, analyzing credit documents, and validating information against all documents within the file. You will also be responsible for performing quality control reviews of residential loan files in accordance with customer quality control policies and procedures.

Required Skills and Qualifications
  • In-depth knowledge of GSE, Fannie Mae, Freddie Mac guidelines and requirements
  • Expertise in mortgage lender's policies, guidelines, and procedures (loan-to-value, debt-to-income, collateral review, compliance review)
  • Ability to analyze income & employment, credit strength, property appraisal, check over debt-to-income (DTI) and loan-to-value (LTV) and all other information pertinent to the credit decision process on each mortgage application
  • Knowledge to validate that a prospective mortgagor's loan application adheres to the investors', secondary investors' (Fannie & Freddie), and guidelines of applicable government agencies to approve the loan
Benefits

HCL Technologies offers a competitive salary, along with opportunities for professional growth and development. The company culture values teamwork, innovation, and customer satisfaction.

Salary Estimate

The estimated salary for this position is ₹8-12 lakhs per annum, based on industry standards and location.



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