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01/03 Lavanya C
Associate Recuiter at Varite India

Views:88 Applications:16 Rec. Actions:Recruiter Actions:4

Pre-Purchase Review/Underwriting Role (2-12 yrs)

Mumbai Job Code: 1382299

Job Title : Pre Purchase Review

Location State : Maharashtra

Location City : Mumbai

Experience Required : 2 to 12 Year(s)

CTC Range : 5 to 15 LPA

Shift: US Shift

Work Mode: Work from Home

Position Type: Permanent

Openings: 50


About The Client: The Client is an American-owned company based in the US with offices in India and the Philippines. A tech-forward outsourcing company specializing in supporting the US mortgage, insurance, and banking industries.

About The Job:

- Review and analyse the mortgage loan application to ensure eligibility, accuracy, completeness, and compliance with internal and regulatory guidelines to minimize risk factors.

- Knowledge of Loan Origination Cycle- Loan Application, Origination, Due Diligence, Pre-Purchase Review or Underwriting process

- Knowledge of different types of mortgage and its functioning and ability to read various documents involved in Closing, Funding and Underwriting

- Review the loan documents using the Pre-Purchase Review checklist for completeness and accuracy

- Strong knowledge of ATR/QM, RESPA, TRID and mortgage compliance regulations

Essential Job Functions:

- Review all loan types including Conventional, FHA, VA & USDA

- General knowledge of Client, Freddie Mac, FHA and VA guidelines a plus

- Add suspense conditions in a clear concise manner in LOS for any deficiencies noted as part of the above review

- Strong Customer Service Skills, Detail Oriented with good analytical skills and the ability to make decisions based on the situation. Qualification & Experience.


- Degree or Equivalent

- 2 - 10 years of experience in PPR/Underwriting

- Should be flexible working in night shifts

- Good written and oral communications skills in Englis

How to Apply: Interested candidates are invited to submit their resume using the apply online button on this job post.

About VARITE: VARITE is a global staffing and IT consulting company providing technical consulting and team augmentation services to Fortune 500 Companies in USA, UK, CANADA and INDIA. VARITE is currently a primary and direct vendor to the leading corporations in the verticals of Networking, Cloud Infrastructure, Hardware and Software, Digital Marketing and Media Solutions, Clinical Diagnostics, Utilities, Gaming and Entertainment, and Financial Services.

Equal Opportunity Employer: VARITE is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, marital status, veteran status, or disability status.

Unlock Rewards: Refer Candidates and Earn.

If you're not available or interested in this opportunity, please pass this along to anyone in your network who might be a good fit and interested in our open positions. VARITE offers a Candidate Referral program, where you'll receive a one-time referral bonus based on the following scale if the referred candidate completes a three-month assignment with VARITE.

Exp Req - Referral Bonus

0 - 2 Yrs. - INR 5,000

2 - 6 Yrs. - INR 7,500

6 + Yrs. - INR 10,000

Women-friendly workplace:

Maternity and Paternity Benefits

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