Underwriter - Mortgage Loan

Principle Responsibilities:

- Evaluate mortgage loan requests in order to approve or deny applications

- To check income, credit history, debt ratios and savings meets the particular loan/client guidelines

- Review documentation for compliance with internal and regulatory guidelines

- Thorough knowledge of current US underwriting guidelines, federal and state laws

- Review appraisal report to make sure it is accurate and thorough, so that the home is truly worth the purchase price

- Analyze the loan documents and credit risk, borrower and property information

- Analyze employment profile, credit strength, property characteristics

- Verify accuracy of supporting employment, down payment, appraisal, and financial documentation received

- Calculate various ratios (LTV/DTI/CLTV/Payment shock) while reviewing the loan file

- Performing a full analysis of the loan file and making appropriate recommendations/conditions regarding deficiencies identified during the loan review process

Salary offered: 7 LPA