
Senior Loan Approval Specialist
8 hours ago
Job Title: Senior Loan Approval Specialist
We are seeking an experienced Senior Loan Approval Specialist to play a pivotal role in our organization. As a Senior Loan Approval Specialist, you will be responsible for scrutinizing borrower profiles and making informed decisions on loan approvals.
Key Responsibilities:- Evaluate borrower profiles using the 4Cs of Credit – Character, Capacity, Capital, and Collateral.
- Conduct a detailed Credit Report Review for accurate risk assessment.
- Work on both UK Mortgage and US Mortgage loan approvals, including income calculations, debt-to-income (DTI) ratio assessments, loan-to-value (LTV) evaluations, asset calculations, and Principal, Interest, Taxes, and Insurance (PITI) reviews.
- Ensure compliance with internal policies and regulatory guidelines.
- Minimum 3.5 years of loan approval experience with a proven track record of live / end-to-end approvals.
- Experience in the UK Mortgage process or US Mortgage loan approvals is required.
- Strong knowledge of credit report reviews, DTI, LTV, PITI, income, and asset calculations.
- Excellent analytical and decision-making skills with high accuracy.
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