Hiring For Underwriter-U K Mortgage

2 days ago


Pune, Maharashtra, India Wipro Full time ₹ 4,00,000 - ₹ 12,00,000 per year

Looking for immediate joiners.

Work mode- Work from office only

Transport- One way cab

Shifts- UK Shifts

Must have skills:-

  • Live Underwriting, Pre- Underwriting, Loan processing, Income calculations.

  • 4C's of mortgage.

  • Mortgage guidelines.

Role & responsibilities

  • Responsible for managing pipeline of loans and supporting the processing/Closing

  • Should be able to identify priority loans & work on them based on TAT

  • Validate loan information

  • Exposures in Credit, and collateral reviews

  • Exposures in mortgage loan documents

  • Work with onshore processor on follow ups needed with the borrower and 3rd parties

  • Ensure receipt of all open conditions and package to underwriter for decision making

  • Validate required info screens; and updating required information

  • Work on the files as per the guidelines provided by client.

  • Ability to manually underwrite complex transactions to ensure the loan meets established guidelines.

    • should have experience in mortgage insurance guidelines
    • Underwriter should have the ability to read the guidelines to determine whether each loan meets
  • the requisite guideline as specified by the Client.

    • Should know how to run the AUS and verify the data integrity off the Desktop UW / Loan Prospector
    • Review the Employment Guideline Requirements
    • Perform Income calculations (salaried / Self-employed / Rental / Other Incomes)
    • Validate all type of Assets including 401K, Bank Statements, Mutual funds etc.,
    • Usage of Assets against Income requirement / qualification
    • Calculate Debt-to-Income Ratio, Loan-to-value Ratio, Housing Payments
    • Review appraisal and perform Property Valuation and use property valuation tools


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