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21/10 HR
Senior Recruiter at ARA Resources Pvt Ltd

Views:563 Applications:27 Rec. Actions:Recruiter Actions:16

Senior Underwriter - US Residential Mortgage (1-5 yrs)

Gandhinagar/Gujarat/Gurgaon/Gurugram/Pune Job Code: 858238

Senior Underwriter - US Residential Mortgage

Responsibilities :

- Should have at least 1 year's Experience in Core Underwriting of Mortgage for US (United States).

- Exposure Only in "Residential" Mortgage Underwriting.

- Core underwriting experience is a must. Good working knowledge of all 4 C's of Underwriting. I.e. Credit. Capacity, Collateral and Capital.

- Exposure and Experience in Underwriting Process as a Core Underwriter. Eg. Loss Mitigation, Loan Processing, Modification, Servicing, etc.

- Experience in reviewing of collaterals including in-depth analysis of appraisal reports, Title commitment, Fraud risk checks, Insurances documents and Sales contract.

- Exposure to work under Credit policy guidelines and investor guidelines (Including FNMA, FHLMC, FHA, VA & USDA) and apply them to specific loans for effective sale in the secondary market.

- Experience in analysis of Assets, Income and Credit to ensure borrower profile, transaction and properties meet the companys lending criteria.

- Stringently look for parameters of 'Loan to Value' (LTV), 'Debt to Income ratio' (DTI) and 'Housing to Income ratio' (HTI) ratio, components in the Mortgage loan files

- Experience in reviewing of the Borrower profile including Credit, Income, Assets, Collateral, Compliance, Employment and other Lending risks such as interested party involvements.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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