Mphasis | Mortgage Underwriter
1 day ago
Job Title: Underwriter
Job Type: Full time Job Opportunity
Available Work Location Available: Pune and Chennai (Work from office)
Shift time: Monday to Friday (6.30 pm to 3.30 am)
Essential Job Functions:
- Underwrite residential mortgage loans in accordance with Conventional/ FHA and VA guidelines.
- Reviews/analyzes loan files submitted for borrowers to ensure file meets loan program requirements. Includes individual analysis of: loan application, credit profile/report(s), debt and assets, income/financial statements, loan values/loan-to-value ratios, appraisal reports, collateral and supporting documentation.
- Input of data and analysis of findings in Loan Prospector, Desktop Underwriter, Asset wise, other AUS engines, and OES
- Analyze income from salaried, commissioned, self-employed, investments, fixed income sources.
- Analyze assets statements for all types of asset accounts
- Identifies/calculates loan risk of loss.
- Should have good knowledge and understanding about the 4C's of Underwriting.
- Conditions files for missing/supporting documentation.
- Revisits loans to review and clear conditions.
- Escalates fraud files to Credit Manager/Risk Management team.
- Communicate status and decisions (approval, suspense, denial) to the appropriate individuals in accordance with company SLA’s
- Strong organizational skills.
- Excellent communication skills (written and oral).
- Excellent customer service skills.
- Strong computer proficiency – i.e. – Microsoft Word, Excel, Electronic Mail, Internet and Automated Underwriting Systems
- Review and verify income, employment and credit history of applicant, requesting additional information as needed.
- Examine loan documentation for accuracy and completeness, while working with Mortgage Consultant and/or production staff to secure all required documents
- Scrutinize accounts from which applicant’s funds originate.
- Review property appraisal to see if property valued correctly to warrant the loan amount requested.
- Ability to perform duties under minimal supervision and actively engage with supervisor to resolve complicated issues
- Strong time management skills to plan and organize a high daily loan volume
Requirements
- Strong knowledge of income calculations, tax returns, reading credit reports, identifying red flags
- Experience in reviewing appraisal and title, and ability to recognize red flags and ineligible propertie s
- Good planning skills
- Good balance between people, process & clients
- Good client management & relationship building skills
- Ability to work in Night shift
- Open to Work from Office
- Should have minimum 2 to 3 years of Experience working as Residential Mortage Underwriter.
Kindly apply, only if you are specifically working as a US Mortgage Underwriter (Residential)
-
Mphasis | Mortgage Underwriter
3 days ago
india Mphasis Full timeJob Title: Underwriter Job Type: Full time Job Opportunity Available Work Location Available: Pune and Chennai (Work from office)Shift time: Monday to Friday (6.30 pm to 3.30 am)Essential Job Functions: Underwrite residential mortgage loans in accordance with Conventional/ FHA and VA guidelines.Reviews/analyzes loan files submitted for borrowers to ensure...
-
Mortgage Underwriter
1 month ago
india RapidBrains Full timeJob Overview: We are seeking a detail-oriented and experienced Mortgage Underwriter to assess residential mortgage loan applications. The ideal candidate will have a strong understanding of underwriting guidelines, regulatory compliance, and credit review. This role requires the ability to evaluate loan files thoroughly, ensuring compliance with company and...
-
Mortgage Underwriter
1 month ago
india RapidBrains Full timeJob Overview: We are seeking a detail-oriented and experienced Mortgage Underwriter to assess residential mortgage loan applications. The ideal candidate will have a strong understanding of underwriting guidelines, regulatory compliance, and credit review. This role requires the ability to evaluate loan files thoroughly, ensuring compliance with company and...
-
Mortgage Underwriter
3 months ago
India RapidBrains Full timeJob Overview: We are seeking a detail-oriented and experienced Mortgage Underwriter to assess residential mortgage loan applications. The ideal candidate will have a strong understanding of underwriting guidelines, regulatory compliance, and credit review. This role requires the ability to evaluate loan files thoroughly, ensuring compliance with company and...
-
Mphasis | QA
2 weeks ago
india Mphasis Full timeQuality Analyst Position Overview Quality Analyst will be responsible to assist the team through learning needs by conducting trainings, Quality Checks, Floor support and feedback sessions with the team. Essential Job Functions: · Responsible for quality assurance of verification of Homeowners insurance and employment and monitor written and verbal...
-
Mphasis | QA
2 weeks ago
india Mphasis Full timeQuality AnalystPosition OverviewQuality Analyst will be responsible to assist the team through learning needs by conducting trainings, Quality Checks, Floor support and feedback sessions with the team.Essential Job Functions:· Responsible for quality assurance of verification of Homeowners insurance and employment and monitor written and verbal...
-
Mortgage Underwriter
3 days ago
India Tata Consultancy Services Full timeDirect Walk-In Opportunity for US Mortgage Operations @Tata Consultancy Services Mumbai on Saturday, 14th December 2024 Note: Candidates with relevant experience in "US Mortgage Underwriting - 4C's" can directly attend the interview. Please go through the norms below before you attend. Job Role: Process Expert Process: US Mortgage Underwriting...
-
India HCLTech Full timeHCLTech is seeking a skilled Senior Mortgage Underwriter to join their team in Chennai. As a critical member of the mortgage underwriting process, you will be responsible for auditing loans to ensure compliance with regulatory requirements.Job SummaryThe ideal candidate will have 2-6 years of experience in loan processing, mortgage underwriting or post-close...
-
Mortgage Underwriter for UK Operations
2 days ago
India HCLTech Full timeAbout the RoleAs a Mortgage Underwriter for our UK operations, you will play a critical role in ensuring the quality and accuracy of residential loan files. Your expertise in GSE, Fannie Mae, Freddie Mac guidelines, and lender policies will be instrumental in approving loans that adhere to investor requirements.Key ResponsibilitiesAnalyze income and...
-
Australian Mortgage Underwriting Expert
4 days ago
India HCLTech Full timeJob SummaryThe ideal candidate for this role will be responsible for auditing loans underwritten by credit officers to ensure compliance with bank policies, guidelines, and regulatory requirements. Key responsibilities include meticulously reviewing loan applications, assessing documentation accuracy, verifying adherence to established lending criteria, and...
-
India Tata Consultancy Services Full timeCompany OverviewTata Consultancy Services is a leading global IT services company with a strong presence in the financial sector.Job DescriptionWe are seeking an experienced Mortgage Underwriter to join our team in Mumbai, India. As a Mortgage Underwriter, you will be responsible for evaluating loan applications and ensuring compliance with regulatory...
-
Senior Mortgage Underwriter Leader
2 weeks ago
India EXL Full timeAbout the Role:This is a senior leadership role in mortgage underwriting, overseeing a team of underwriters and analysts.Responsibilities:Lead and guide business process analysts and senior analysts to identify industry trends impacting business decisions.Monitor SLA performance and initiate process improvements to ensure timely covenant compliance...
-
India HCLTech Full timeAustralian Mortgage Credit Decision SpecialistWe are seeking a highly skilled and experienced Australian Mortgage Credit Decision specialist to join our team. As an expert in mortgage underwriting, you will be responsible for reviewing and approving home loan applications efficiently.Responsibilities:Reviewing documentation provided by customers to ensure...
-
india Tata Consultancy Services Full timeDirect Walk-In Opportunity for US Mortgage Operations @Tata Consultancy Services Mumbai on Saturday, 14th December 2024Note: Candidates with relevant experience in "US Mortgage Underwriting - 4C's" can directly attend the interview. Please go through the norms below before you attend.Job Role: Process ExpertProcess: US Mortgage Underwriting - 4C Walk in...
-
India HCLTech Full timeJob Summary:The ideal candidate will be tasked with auditing loans underwritten by credit officers to ensure compliance with bank policies, guidelines, and regulatory requirements.Auditing involves meticulously reviewing loan applications, assessing documentation accuracy, verifying adherence to established lending criteria, and identifying any deviations or...
-
india Tata Consultancy Services Full timeDirect Walk-In Opportunity for US Mortgage Operations @Tata Consultancy Services Mumbai on Saturday, 14th December 2024 Note: Candidates with relevant experience in "US Mortgage Underwriting - 4C's" can directly attend the interview. Please go through the norms below before you attend. Job Role: Process Expert Process: US Mortgage Underwriting - 4C Walk...
-
india Tata Consultancy Services Full timeDirect Walk-In Opportunity for US Mortgage Operations @Tata Consultancy Services Mumbai on Saturday, 14th December 2024 Note: Candidates with relevant experience in "US Mortgage Underwriting - 4C's" can directly attend the interview. Please go through the norms below before you attend. Job Role: Process Expert Process: US Mortgage Underwriting - 4C Walk...
-
Credit Decision Specialist
4 days ago
India HCLTech Full timeJob Description:Role Overview:We are seeking a skilled Credit Decision Specialist to join our team in the Australian Mortgage Underwriting domain.About the Role:The ideal candidate will be responsible for reviewing and approving home loan applications in a timely manner. This includes customer onboarding, verifying key information, reviewing credit history...
-
India HCLTech Full timeAustralian Mortgage Credit Decision Underwriter RoleThe ideal candidate will be responsible for reviewing and approving home loan applications in a timely manner, ensuring customer onboarding, verification of key information, credit history, and affordability. They will confirm sufficient loan security and adherence to established lending criteria.This...
-
India HCLTech Full timeWe are seeking a highly skilled mortgage underwriter to join our team at HCLTech in Chennai, India. As a key member of our loan processing team, you will be responsible for reviewing and approving loan applications for Australian mortgages.Job Description:The ideal candidate will have extensive experience in analyzing customer creditworthiness, assessing...
