Job alert
Dear #connections, we are #hiring for the position of Mortgage Underwriter Location: Pune/Chennai Responsibilities: The Underwriter’s primary responsibilities include reviewing mortgage files submitted to Underwriting. This position requires calculating income, analyzing debt and assets, as well as completing an in-depth review of the completed appraisal and title. Additional responsibilities include entering data into the client’s loan operating system, performing a manual underwrite, clearing conditions for Final Approval and communicating outstanding requirements to customers. Essential Job Functions · Maintain conforming signing authority and quality standards · Maintain current knowledge of client and investor requirements · Perform complete and in-depth review of mortgage loan files including; income (inclusive of rental income, IRA, annuity and 401K), assets, credit and collateral · Utilize client’s loan operating system to ensure accurate data entry · Evaluate and ensure overall loan documents are accurate, complete, and compliant · Manually underwrite loans in accordance with client guidelines · Restructure non-conforming loans in order to meet conforming loan limits · Complete POA review · Identify and/or clear red flags or alerts · Issue loan decision and condition file accordingly · Review and approve conditions for compliance and completion of loan file · Provide excellent customer service to internal and external clients · Assist Processors/Loan Officers in understanding underwriting decisions and conditions · Resolve pre and post-closing issues as they relate to underwriting Requirements: · Minimum 2+ years current mortgage loan underwriting experience . Strong knowledge of income calculations, tax returns, reading credit reports, identifying red flags . Knowledge of appraisal and title, and ability to recognize red flags and ineligible properties · Strong analytic, interpersonal, and verbal and written communication skills · Detail-oriented with strong ability to time manage · Ability to work in a flexible and production-oriented environment · Must be able to work in a high stress environment while delivering a high- level of customer service · Must be willing and able to work as part of a team · Strong capability to work in multiple systems - paperless environment · Must be willing to work in strict security environment · Ability to obtain NMLS-MLO Licenses preferred Interested candidates can email their CVs to lopamudra@squatrix.com, along with the following details: Current CTC: Expected CTC: Notice period: Current company: Current location: Years of underwriting experience: DOB: