Urgent Hiring For US Residential Mortgage Underwriting_ Hyd/Mumbai

Cognizant Hiring for Hyderabad & Mumbai location _ US Mortgage Underwriting

Kindly share your updated resume at sreeya.chatterjee@cognizant.com

Role & responsibilities

• Analyze loan files, including Borrower creditworthiness and ability to repay, red flag alerts, collateral valuation and worthiness, occupancy and employment verifications, title policies, and property insurance
• Examine and analyse assets, liabilities, income, and debt information related to applicants, which was used to make credit decision
• Ensure all debts in credit report are considered for calculating DTI and is compliant with client, Reverse Mortgage & FHA guidelinesv
• Ensure Financial Assessment requirements are met as per Client, Reverse Mortgage & FHA guidelines
• Evaluate and review appraisal reports and collateral issues related to real estate in order to determine whether it may properly supports the approval of a loan application.
• Work on third party verification from ordering stage uptil completion. Ensure validation of re-verification with original documents and highlight any discrepancies / red flag
• Work with relevant parties to acquire required documents in order to verify the income and employment details of the applicant, review the applicant's credit profile, analyse financial statements, and consider other information in order to act on loan and credit requests.
• Ensure all discrepancies in the application files were addressed and properly documented in writing
• Cure red flags, if any, that makes it eligible for sale in secondary market / investors

Preferred candidate profile

• Any Bachelors or Masters degree (Any discipline)
• Must have a minimum of 3+ year of underwriting experience in US Residential Mortgage (FHA underwriting experience is mandatory)
• Post-close underwriting experience would add to selection possibility
• Ability to effectively communicate to lines of business and senior management
• Effective oral and written communication skills
• Fast paced with attention to detail
• Hands on experience in Outlook and MS Office Tools

Regards,

CTS hiring team

( sreeya.chatterjee@cognizant.com )