US Mortgage Underwriting
Required Skills
Job Description
Hiring for Live Underwriter - WFO
- Location - Pune
- Shift: US Night shift
- Notice Period: Immediate Joiners
- Package: ctc upto - 12 Lpa ( Based on current ctc 30% hike)
Requirements
- Minimum 2+ years of Mortgage Underwriting experience.
- Minimum 1+ year of Live Underwriting / Final Approval experience.
- Strong knowledge of FNMA, FHLMC, and investor-specific underwriting guidelines.
- Familiarity with GNMA, FHA, and VA guidelines is an added advantage.
Key Responsibilities
- Perform Live Underwriting and issue Conditional Approvals, Final Approvals, and Clear-to-Close (CTC) decisions for U.S. residential mortgage loans.
- Review and underwrite mortgage loan files in compliance with FNMA, FHLMC, and investor-specific guidelines.
- Analyze borrower income from salaried, self-employed, rental, and other income sources, including tax documents such as 1040, Schedule E, K1, 1120, and 1120S.
- Review credit reports, liabilities, trade lines, public records, and payment history.
- Validate asset documentation, including bank statements, retirement accounts, and investment records.
- Review appraisal reports and collateral documentation to determine property eligibility and value.
- Make independent underwriting decisions (Approve, Deny, Suspend, or Counter) based on risk assessment and guideline requirements.
- Ensure regulatory compliance, quality standards, and adherence to turnaround time (TAT) metrics.
- Communicate underwriting decisions and conditions effectively with internal stakeholders and client
Interested Candidates contact HR Suriyakala@ 7666654522/ suriyakala@careerguideline.com .