Senior Mortgage Conventional Underwriter Position

4 days ago


Malappuram, Kerala, India beBeeUnderwriter Full time ₹ 15,00,000 - ₹ 25,00,000
Conventional Underwriting Specialist Job

The conventional underwriting specialist reviews, conditions and underwrites mortgage loans in accordance with established policies and procedures and appropriate guidelines.

Responsibilities include examining all documentation for accuracy and completeness, reviewing loan data and reports, verifying borrower information and income, and calculating asset requirements for closing and reserve purposes.

The specialist is responsible for making independent decisions regarding the acceptance and risk of loans according to HUD, company, and investor guidelines.

Key responsibilities also include providing final approval underwriting of mortgage loans, preparing required forms, and communicating underwriting decisions with processors and advisors.

A high level of customer service and communication with other departments is also essential.

The ideal candidate will have a degree or equivalent qualification and minimum 3 years of experience in conventional/govt end to end underwriting.

They will be well-versed with all 4C's of Underwriting (Asset, Income, Credit and Collateral).

Experience in live underwriting & Real Time Analysis, excellent at Income Calculation and Debt-to-Income(DTI) Ratio Calculation, expertise in 4C's framework, and familiar in Credit report Analysis & LOX are also essential skills.

Key qualifications include a degree or equivalent qualification, minimum 3 years of experience in conventional/govt end to end underwriting, and well-versed with all 4C's of Underwriting.

A background in finance, accounting, or a related field would be an advantage.

This role involves working independently with minimal supervision and using Encompass software to manage loans.

Effective communication and interpersonal skills are essential for success in this role.



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