Senior Analyst - Underwriting Support - Consumer Direct APAC

The Underwriter

JOB FUNCTIONS AND RESPONSIBILITIES

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

- Review all required loan data, reports, and inspections to insure the collateral is acceptable to investor and the company.

- Responsible for making independent decisions regarding acceptance and risk of loans according to HUD, company, and investor guidelines.

- Provides final approval underwriting of mortgage loans Conventional, Correspondent, FHA, VA, Reverse.

- Completes all required paperwork and forms in a timely and accurate manner; prepares required forms.

- Sign off conditions in a timely manner set by management.

- Work with staff and management to find solutions on escalated loans.

- May be requested to make recommendations for improving Internal Audits policies and practices.

- Manage loans by using all functions of Encompass.

- Effectively communicate underwriting decisions with processors and advisors

- Maintain high level of customer service and communication with other departments.

- Other duties as assigned.

EDUCATION / EXPERIENCE:

- Minimum of 1 years of experience in Mortgage Underwriting with thorough knowledge of Financial and nonfinancial supporting documentation, Income calculations, Asset/ Liabilities & Appraisal verification, Credit report review.

- Knowledge about risk and compliance in Lending especially the FNMA & FHLMC Underwriting standards.

- Knowledge about Underwriting procedures of Conventional, Correspondent Lending, Reverse mortgage, FHA, VA (Government loans) underwriting

WORK SCHEDULE OR TRAVEL REQUIREMENTS:

- Ready to travel to office for training and other learning work related activities as per Business unit requirements.