Mortgage Loan Underwriter

6 days ago


Nellore, Andhra Pradesh, India beBeeRisk Full time ₹ 80,00,000 - ₹ 1,60,00,000
Job Title: US Mortgage Underwriter

About the Role:
The Conventional Underwriter reviews and underwrites mortgage loans in accordance with established policies, guidelines, and procedures. The Underwriter examines all documentation for accuracy and completeness.

Responsibilities:
  • Review and analyze mortgage loan applications to ensure eligibility, accuracy, and compliance with internal and regulatory guidelines.
  • Review all required loan data, reports, and inspections to ensure the collateral is acceptable to investors and the company.
  • Apply knowledge of lending and underwriting guidelines, credit analysis, income analysis, cash flow analysis, risk assessment, loan-to-value ratios, and debt-to-income ratios.

Required Skills and Qualifications:
  • Candidate must have experience in live underwriting and real-time analysis.
  • Excellent skills in income calculation and debt-to-income ratio calculation.
  • Expertise in 4C's framework (credit, capacity, collateral, and capital).
  • Familiarity in credit report analysis and LOX (letter of explanation).
  • Knowledge on credit bureau documents and account types.

Benefits:
  • US Mortgage Process expertise
  • Work From Home/Remote

Qualification & Experience:
  • Degree or Equivalent
  • Minimum 3 years of experience in conventional/govt end-to-end underwriting
  • Well-versed with all 4C's of Underwriting (Asset, Income, Credit, and Collateral)


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