
Senior Conventional Loan Analyst
2 days ago
The role of a mortgage underwriter involves reviewing, analyzing and making decisions regarding the acceptance or rejection of mortgage loan applications.
Key responsibilities include:
- Reviewing and verifying all documentation to ensure accuracy and completeness.
- Assessing applicant eligibility based on established policies and procedures.
- Applying knowledge of the 4C's framework (Credit, Capacity, Collateral, and Capital) and credit report analysis to make informed decisions.
- Calculating asset requirements for closing and reserve purposes.
- Providing final approval underwriting of mortgage loans in accordance with company and regulatory guidelines.
- Preparing required forms and paperwork in a timely and accurate manner.
Requirements for Success:
- Bachelor's Degree or equivalent qualification.
- Minimum 3 years of experience in conventional/govt end-to-end underwriting.
- Proven understanding of the 4C's of Underwriting.
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