Role/Skill: Mortgage Underwriter

Location: Pune / Gandhinagar

Experience: 6–12 years in Mortgage Underwriting Domain

Skill Set: Mortgage Underwriter – End-to-End

Shift: US Shifts

Band: BPO 2/3/4

Salary: Up to 12 LPA

**Job Description**

The Mortgage QC Underwriter is responsible for rendering QC on closed loan files. He has to check that credit decisions

on incoming applications consistent with underwriting policies, underwriting mortgage commitments, and verifying

supporting documentation as submitted by applicants.

+ Analyze income & employment, credit strength, property appraisal, check over debt to income (DTI)

and Loan to Value (LTV) and all other information pertinent to the credit decision process on each

mortgage application, as presented by the applicant.

+ Underwriter to validate that a prospective mortgagor’s loan application adheres to the lenders,

Investors (Freddie or Fannie Mae’s) and guidelines of applicable government agencies to approve

the loan.

+ Analyzing the risk involved in approving a loan to determine whether or not it is acceptable to the

lender.

+ Mark errors for any deficiencies observed on the loan

+ Verify accuracy of supporting employment documents, source of down payment/reserves, appraisal

value and property title commitment received.

+ Review of legal documents, if present, to ensure the accuracy & completeness.

+ Identify the mortgage insurance requirement (MI) and follow the MI guidelines, if applicable.

Additional responsibilities for the Mortgage Underwriter include:

 Maintaining service level standards

 Assisting in new-hire trainings

 Perform internal Quality check, providing floor support and feedback to other staff

 Responding to all emails efficiently

 Adhering to all underwriting deadlines

**Person Specification**

Knowledge/Experience:

 Minimum 6-12 years of conventional mortgage underwriting/QA/QC experience

 Knowledge of full loan cycle (from beginning to end)

 Strong understanding of Desktop Underwriter (DU) and Loan Prospector (LP)

Competencies/Skills:

 Strong communication skills, verbal and written

 Strong analytical skills

 Demonstrated ability to resolve complicated issues as they arise

 Proven organizational skills and demonstrated ability to prioritize and multi-task

Skills. Able to work through multiple computer programs and multi-computer monitors

 Flexible (Willingness to work in night shift),

 Knowledge of MS Office

 Positive and flexible attitude

 Attention to detail

 Customer focused

 Good Team Player/Strong Interpersonal skills

**Qualifications:**

Essential: Graduates with as minimum of 24-36 months of US Mortgage Underwriting experience.

Desirable: Exposure to the FNMA and FHLMC guidelines would be an added advantage. Exposure and knowledge of

MI guidelines

PAN and DOB are required for profile creation

Please Apply using this Link 

https://myglit.com/lateral/cref/ad15381735