Mortgage Underwriter

1 day ago


Chennai Tamil Nadu, India Happy Staffers Full time

Job Profile
- NON QM

Shift
- US Shift

Permanent Work From Home

PFB JD for your reference.
- Good exposure of the underwriting review of the Non-QM Loans.
- Well verse with Non-QM Products like 12/24 Months Bank Statements, ITIN Loans, ALT DOC Loans, and DSCR Loans.
- Interpret Non-QM Matrix & Guidelines accurately
- Complete review of the Borrower profile including collateral, compliance and other lending risks such as interested party involvements
- Complete review of data consistency across the entire loan package to match system, AUS (DU/LP), Fraud Guard Reports or any other reports used to compliance or fraud checks
- Complete review of collateral including in depth analysis of appraisal reports, title commitment, fraud risk checks, insurances documents and sales contract
- Maintain a working knowledge of all current underwriting guidelines, federal and state lending laws and has the ability to comprehensively explain all to others while processing the mortgage loan files
- Stringently look for the Loan to Value (LTV), Debt to Income ratio (DTI) and Housing to Income ratio (HTI) ratios components in the mortgage loan files
- Effectively and quickly communicate any areas of concern with a loan file to supervisors/managers.
- Demonstrate excellent customer service and professionalism.
- Should have very good writing skills with proper grammar and able to summarize requirements in short but clear format.
- Determining, documenting underwriting conditions, communicating requirements and decisions.
- Underwriters maintain high-quality standards by meticulously reviewing loan files. They verify accuracy, completeness, and consistency of information to minimize errors.

**Job Types**: Full-time, Permanent

Pay: ₹600,000.00 - ₹800,000.00 per year

**Benefits**:

- Provident Fund

Work Location: In person

**Speak with the employer**
+91 8595618481



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