Loan Portfolio Reviewer

2 days ago


Pune, Maharashtra, India Mphasis Full time
About the Opportunity

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.
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.
  • Ability to work independently and as part of a team.
Compensation and Benefits

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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