Live / Post / Pre underwriter
1 week ago
Job Role : Live / Post / Pre underwriter
Job Overview: The Underwriter reviews, conditions and underwrites mortgage loans in accordance with established policies and procedures and appropriate guidelines; examines all documentation for accuracy and completeness.
Job Roles and Responsibilities:
- Review and analyze the mortgage loan application to ensure eligibility, accuracy, completeness, and compliance with internal and regulatory guidelines to minimize risk factors.
- Review all required loan data, reports, and inspections to ensure the collateral is acceptable to investor and the company.
- 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 Audits policies and practices.
- Manage loans by using all functions of Encompass.
- Effectively communicate underwriting decisions with processors and advisors
- Maintain a high level of customer service and communication with other departments.
- Other duties as assigned.
Qualification & Experience
- Degree or Equivalent
- Minimum 1 - 2 years of experience in underwriting (US Mortgage).
- Having a good knowledge in 4c's of framework and income calculation.
Kind Regards,
Pavithra - HR Team
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