Senior Underwriter

5 days ago


Pune, Maharashtra, India SitusAMC Full time

Walk-In Drive for Bavdhan, Pune on August 30, AM to 3 PM):Essential Job Functions:Review and verify loan applications and support documentation.Analyze loan risk and request additional information as necessary.Ensure compliance with regulatory standards.Ensure compliance with company policies and guidelines.Perform required analysis of property appraisal to ensure subject properties meet the company's appraisal criteria.Determine and document loan conditions, communicate requirements, and/or decisions.Identify portfolio risks resulting from the client's underlying business practices.Document and effectively communicate reasons for the approval/rejection of loans.Effectively partner with Loan Set Up, Compliance Reviewers, Funders, Client Relationship Manager, and other operations staff to ensure smooth and efficient processing of all loans in the pipeline.Such other activities as may be assigned by your manager.Qualifications/ Requirements:5+ years of recent US mortgage front-line underwriting (Live loans) experience into Residential Real EstateExperience with compliance review/ Disclosures Preparation/ Closing/ Doc Preparation and/or due diligence (post-close) experience in the residential mortgage industryDemonstrated understanding of mortgage guidelines and policies for VA, FHA, FNMA, FHLMC & USDAExperience analyzing and calculating qualifying income from various tax documentsExperience analyzing of credit reports and


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