Senior Underwriter

JOB FUNCTIONS AND RESPONSIBILITIES

• To work on loan underwriting and complete the daily target or assignments.
• Have experience in US Mortgage Underwriting.
• Working on 4 Cs (Credit, Capacity, Capital, and Collateral).
• Knowledge on Income Calculations (Wage, Self Employed and other incomes).
• Knowledge on Credit review (liability reconciliations and guideline requirements)
• Knowledge on Assets/Capital review with guideline requirements.
• Knowledge in LTV, CLTV calculations, PITI and DTI calculations.
• Knowledge in Fannie Mae and Freddie Mac guideline requirements.
• Knowledge in Govt. loans (FHA, VA and USDA)
• Knowledge on FHA/VA/USDA guideline requirements.
• Good communication skill.

  EDUCATION / EXPERIENCE

Any degree with US Mortgage Underwriting experience

Must-Haves

Only US Mortgage underwriting experience

(Domestic experience is not considered - Australian, UK mortgage experience is not considered )
06.30 pm to 03.30 am - night shifts
Hybrid model - When ever it is required they are suppose to come to office
Initial training for 2 months will be done at office
Interviews 2 round 1 Hr and 1 operations
transportation is provided 2 ways

Strict No-Nos

Fidelity
SLK - Coforge
First American
XL Dynamics
Altisource
Domestic experience is not considered
Bangalore candidates
Loan Modification underwriters a