Analyst/Analyst

22 hours ago


Noida, Uttar Pradesh, India NLB Services Full time

Job Profile: US Mortgage Underwriter

Location: Noida


• Evaluate mortgage loan applications to ensure completeness, accuracy, and compliance with company and industry guidelines.


• Review and analyze credit reports, income documents, asset statements, property appraisals, and other relevant documents.


• Make informed underwriting decisions for Conventional, FHA, VA, and USDA loan programs.


• Approve, suspend, or deny loan applications based on thorough analysis and company policies.


• Provide clear and concise conditions for loan approval to processors and loan officers.


• Ensure all underwriting activities comply with federal and state regulations, company policies, and secondary market guidelines.


• Assess risk factors and determine loan eligibility within specified parameters to mitigate potential risks.


• Maintain detailed and accurate records of underwriting decisions and conditions.


• Communicate effectively with loan officers, processors, and other relevant parties to facilitate a smooth loan processing workflow.


• Stay updated on industry trends, regulatory changes, and underwriting best practices.


• Participate in ongoing training and development programs to enhance underwriting skills and knowledge.

Qualifications:


• Education: Bachelors degree in finance, business, or a related field is preferred.


• Experience: 3-5 years of mortgage underwriting experience, with proficiency in Conventional, FHA, VA, and USDA loan programs.


• Knowledge: In-depth understanding of the 4 Cs of underwriting – Credit, Capacity, Collateral, and Capital.


• Strong analytical and decision-making abilities.


• Excellent written and verbal communication skills.


• Proficiency in mortgage underwriting software and Microsoft Office Suite.


• Detail-oriented with strong organizational skills.


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