Senior Mortgage Underwriter
Year Chennai, Tamil Nadu, India
Job Description
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- Ability to manually underwrite complex transactions to ensure the loan meets established guidelines. - should have experience in mortgage insurance guidelines - Underwriter should have the ability to read the guidelines to determine whether each loan meets the requisite guideline as specified by the Client. - Should know how to run the AUS and verify the data integrity off the Desktop UW / Loan Prospector - Review the Employment Guideline Requirements - Perform Income calculations (salaried / Self-employed / Rental / Other Incomes) - Validate all type of Assets including 401K, Bank Statements, Mutual funds etc., - Usage of Assets against Income requirement / qualification - Calculate Debt-to-Income Ratio, Loan-to-value Ratio, Housing Payments - Review appraisal and perform Property Valuation and use property valuation tools - Review Credit Report including Credit Scores, Existing liens, payments etc., - Should also review on the alternate / support documents for credit review. - Title review and lien validations - Review loan details in Loan application, Letter of explanations, gift letters - Income verification on Bank statement loans. - Client specific guideline review with alternate documentations - Understanding on Counteroffer and Solution the loan - Review on compliance documents Job Type: Full-time Salary: 30,000.00 - 65,000.00 per month Benefits:
+91 7897772551
- Provident Fund
- Night shift
- US shift
- total work: 2 years (Preferred)
+91 7897772551
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Job Detail
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Job IdJD3242801
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationChennai, Tamil Nadu, India
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EducationNot mentioned
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ExperienceYear