Job Description

Please find below JD .
Roles and Responsibilities :

? Complete the loan processing in compliance with state and federal regulations.
? Maintain a working knowledge of Conventional loans. Should know Fannie & Freddie guidelines.
? Knowledge of FHA, VA, Bond and/or USDA loans.
? Ensuring compliance with company policies and guidelines.
? Have knowledge of credit analysis and identify any prior credit history issues or concerns.
? Have basic knowledge of appraisal report analysis.
? Basic knowledge of reviewing all types of insurance policy related documents (MI/HOI/Condo/Flood).
? Verify and analyse income to calculate debt to income ratios. (Including self-employment income)
? Analyse and review preliminary title report to identify liens, judgements and CCRs to help in decision making.
? Have knowledge of 2015 fee Itemization.
? Effective communication with various vendors like Appraisers, Title company, Borrower's Employers to complete the requirements of the loan.
? Release the needs list and acquire all the documents as per the list and submit the loan to Underwriting and Closing departments

Experience in USA Mortgage Underwriting

- Minimum 2 years
- Preferred 3 years and recent experiences

Job Type: Full-time

Pay: ?600,000.00 - ?1,000,000.00 per year

Schedule:

• Night shift
• US shift

Application Question(s):

• 1. Have you performed review of all of below mentioned documents during your most recent underwriting work experience?

- AUS
- Fraud Report
- 1003 & 1008

• 2. Have you performed review of all of below mentioned income types during your most recent underwriting work experience?

- Wage / Salaried
- Self Employment

• 3. Have you performed review of all of the below mentioned segments of Underwriting during your most recent underwriting work experience?

- Credit
- Capacity
- Collateral
- Capital

• 4. Which of the below mentioned loan types have you worked during your most recent underwriting work experience?

- Conventional
- Government (FHA / VA / USDA)
- Non QM

Work Location: In person