Residential Mortgage Lending Specialist

2 days ago


Pune, Maharashtra, India Mphasis Full time
Job Description

Mphasis is seeking a highly skilled Residential Mortgage Underwriter to join our team. The ideal candidate will have a strong background in underwriting residential mortgage loans and be able to analyze complex financial information.

The successful candidate will possess excellent communication and organizational skills, with the ability to work independently and as part of a team.

Key Responsibilities
  1. Underwrite residential mortgage loans in accordance with conventional/FHA and VA guidelines.
  2. Analyze loan files submitted by borrowers to ensure they meet loan program requirements.
  3. Input data and analysis of findings in Loan Prospector, Desktop Underwriter, Asset Wise, and other AUS engines.
  4. Determine loan risk of loss and communicate status and decisions to stakeholders.
Requirements and Qualifications
  • Minimum 2-3 years of experience as a Residential Mortgage Underwriter.
  • Strong knowledge of income calculations, tax returns, reading credit reports, and identifying red flags.
  • Excellent communication and organizational skills.
Compensation and Benefits

Our competitive salary range for this position is $70,000 - $85,000 per annum, based on experience and qualifications.

In addition to a competitive salary, we offer a comprehensive benefits package, including medical, dental, and vision insurance, 401(k) matching, and paid time off.



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