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.