Loan Portfolio Reviewer
2 days ago
Mphasis is seeking an experienced Residential Mortgage Underwriter to join our team. This is an excellent opportunity to work in a dynamic and fast-paced environment, where you will be responsible for underwriting residential mortgage loans and analyzing complex financial information.
The ideal candidate will possess a strong understanding of underwriting principles and practices, with the ability to analyze data and make informed decisions.
Key Responsibilities- Underwrite residential mortgage loans in accordance with conventional/FHA and VA guidelines.
- Analyze loan files submitted by borrowers to ensure they meet loan program requirements.
- Input data and analysis of findings in Loan Prospector, Desktop Underwriter, Asset Wise, and other AUS engines.
- Determine loan risk of loss and communicate status and decisions to stakeholders.
- 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.
- Ability to work independently and as part of a team.
Our competitive salary range for this position is $75,000 - $90,000 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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