US Mortgage Underwriting

Experience -

? 2+ years mortgage underwriting experience (preferably origination/front-end/live UW)

Qualification - Any Graduate & Post Graduate

Excellent Communication (Verbal & Written)

Summary : The Underwriter is responsible for assessing the risk of a borrower being able to repay their mortgage to the lender, decision the loan adhering to the regulatory guidelines and company policy & procedures as well.

Job Duties:

? Underwrite and decision loans to comply with state and federal regulations. Should be able to underwrite all Tiers; including complex loan transactions.

? Maintain client SLA expectations: o Achieves individual Underwriter quality benchmarks. o Achieves individual production goals and turn times.

? Knowledge of Conventional (mandatory), Non-WM and/or Government (FHA, VA and/or USDA loans) UW Guidelines (added advantage) ? Should know Fannie & Freddie guidelines.

? Ensuring compliance with company policies and guidelines.

? Analyze appraisal report and collateral offered in the loan application to determine acceptability and appropriate loan to value ratios for decisions.

? Perform Income calculation, debt to income ratios, review/analyze complex asset statements, financial statements, as well as personal and business income tax returns to render a decision.

? Analyze and review title opinions for decisioning on all loan applications.

? Documenting and effectively communicating reasons for the approval/rejection of loans.

? Decision and review completion of the required conditions to approve loan and communicate requirements to appropriate parties.

Qualifications : To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the job.

? Successful experience working as an Underwriter

? Must be detail oriented and can comprehend and effectively communicate

Education and/or Experience: ? Graduation

? 2+ years mortgage underwriting experience (preferably origination/front-end/live UW)

? Supervisory skills preferred

Language Skills: ? Strong written & verbal communication

? Proficiency in reading, writing & understanding English language

? Ability to read, and interpret borrower documentation, company policies, procedures, guidelines, reports, and legal documents. Individual must have the ability to respond to common inquiries or complaints from clients.

? Strong email etiquette Mathematical Skills: ? Ability to calculate figures and amounts such as discounts, interest, commissions, and percentages.

Reasoning Ability: ? Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.

Others: ? Displays initiative and drive for results ? Able to work independently

? Problem solving and resolution skills

? Proven decision-making skills ? Proven quality acumen

? Ability to analyze data/reports and provide accurate assessments

? Ability to work with minimal supervision ? Organizational skills

? Good working knowledge of Microsoft Excel, Word and Outlook