“live Underwriter”

**Urgent Vacancy for “Live Underwriter”**

**Position**: Live Underwriter (Remote)

**Qualification** Graduate

**Exp**:

- 4 -5 Years Recent 2+ years of experience in Live Underwriting.
- Minimum 4 years of experience in conventional/govt end to end underwriting
- Well-versed with all 4C’s of Underwriting (Asset, Income, Credit and Collateral)
- US Mortgage Process (Only Night Shifts)

**Industry**: Information Technology and Services

**Location**: Remote Full Time

**Salary**: Total Budget (₹8L - ₹12L)

**Mandatory skills**:

- Excellent at Income Calculation and Debt-to-Income(DTI) Ratio Calculation.
- Expertise in 4Cs framework (Credit, Capacity, Collateral and Capital),
- Familiar in Credit report Analysis &LOX (Letter of Explanation).
- Knowledge on Residential Mortgage
- Credit Bureau, Documents to approve the loan, Familiar with different account types.

**Job Roles and Responsibilities**:

- Review all required loan data, reports, and inspections to insure the collateral is acceptable to investor and the company.
- Knowledge of Lending & Underwriting Guidelines | Credit & Income Analysis | Cash Flow Analysis | Risk Assessment | Loan-to-Value Ratios | Debt-to-Income Ratios.
- Review all the documents related to borrower’s Credit, Capacity, Collateral and Capital.
- Calculate asset required for closing and reserve purpose for the transaction (as per guideline)
- Responsible for making independent decisions regarding acceptance and risk of loans according to HUD, company, and investor guidelines.
- Provides final approval underwriting of mortgage loans.
- Completes all required paperwork and forms in a timely and accurate manner; prepares required forms.
- Sign off conditions in a timely manner set by management.
- Work with staff and management to find solutions on escalated loans.
- May be requested to make recommendations for improving Internal Audit’s policies and practices.
- Manage loans by using all functions of Encompass.
- Effectively communicate underwriting decisions with processors and advisors
- Maintain high level of customer service and communication with other departments
- Other duties as assigned.

**(Immediate joiners preffered)**

**Salary**: ₹66,000.00 - ₹100,000.00 per month

Schedule:

- Day shift

**Experience**:

- total work: 1 year (preferred)

Work Location: Remote

**Speak with the employer**

+91 9975173922