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US Mortgage Underwriting | Bangalore Mumbai | WFH @ Firstsource

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 US Mortgage Underwriting | Bangalore Mumbai | WFH

Job Description

Dear Candidate,


We are hiring for US Mortgage Underwriting Work From Home Location.


Any graduate can apply


(To Confirm Please Drop a Whatsapp or call on 9399615*** Monica )

( In case The Number Is Busy, Please Drop A Whatsapp @ 9399615*** Monica )

Perform & manage quality control reviews of residential loan files in accordance with customer quality control policies and procedures and accepted quality control standards.

Will be also responsible for managing the daily operations along with client handling who should be well versed and certified underwriter in the Mortgage domain

  • In depth knowledge of GSE, Fannie mae, Freddie Mac guidelines and requirements
  • Expert in Mortgage lender's policies, guidelines and procedures (loan to value, debt to income, collateral review, compliance review)
  • Should have experience in Analyze Income & employment, credit strength, property appraisal, check over debt to Income (DTI) and Loan to value (LTV)and all other information pertinent to the credit decision process on each mortgage application, as presented by the applicant
  • Knowledge to validate that a prospective mortgagors loan application adheres to the Investors, Secondary Investors (Fannie & Freddie) and guidelines of applicable government agencies to approve the loan
  • Review loan files for completeness and accuracy
  • Confirm application information against all documents within the file
  • Analyze all credit documents, including, but not limited to, mortgage applications, credit history and income documents, title documents, appraisals and all applicable compliance documents.
  • Should have experience in Income Calculations
  • Review the eligibility of Property, Borrowers
  • Evaluate debt ratio, loan-to-value ratios, credit score, property valuation
  • Identify risk factors, including fraud red flags to determine or verify misrepresentation
  • Condition files for missing/ supporting documentation as needed
  • Complete required trainings and assessments
  • Knowledge in Commercial Real Estate will be an added advantage
  • High level understanding of US Real Estate, Mortgage, Commercial Mortgage Servicing, loan agreements and documentation
  • Ability to build & motivate teams
  • Ability to manage Client escalations and Client relationships
  • Team mentoring & coaching individual associates who may fall below desired performance
  • Continuously contribute towards process improvement
    Hold relevant experience

(To Confirm Please Drop a Whatsapp or call on 9399615*** Monica )

( In case The Number Is Busy, Please Drop A Whatsapp @ 9399615*** Monica )


Regards

SPARK CONSULTANCY

Job Classification

Industry: BPM / BPO
Functional Area / Department: Customer Success, Service & Operations
Role Category: Non Voice
Role: Non Voice - Other
Employement Type: Full time

Contact Details:

Company: Firstsource
Location(s): Mumbai

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Keyskills:   Underwriting US Mortgage Loss Mitigation capital Claims Credit Underwriting Us Residential Mortgage Loan Servicing 4C Pre Underwriting Commercial Underwriting foreclosure Mortgage Capacity Mortgage Loans Mortgage Underwriting Collections credit Bankruptcy Collaterals

 Fraud Alert to job seekers!

₹ 5-10 Lacs P.A

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