US Residential Mortgage

Qulification- Any Graduate Post Graduate

No candidates from commercial mortgage loan servicing

Expereince- 3 - 6 years (Relevant experience in to US Residential Mortgage- Underwriting, Loan Origination Loan Processing)

Essential Job Functions/Requirements:

• Underwrite residential mortgage loans in accordance with Conventional/ FHA and VA guidelines.
• Reviews/analyzes loan files submitted for borrowers to ensure file meets loan program requirements.
• Includes individual analysis of: loan application, credit profile/report(s), debt and assets, income/financial statements, loan values/loan-to-value ratios, appraisal reports, collateral and supporting documentation.

Requirements:

• Minimum 3 years current conventional US mortgage loan underwriting experienceo
• Strong knowledge of income calculations, tax returns, reading credit reports, identifying red flagso
• Strong knowledge of appraisal and ability to recognize red flags and ineligible properties
• Thorough working knowledge of Fannie Mae and Freddie Mac underwriting guidelines and automated underwriting engines (DU/LP
• Strong analytic, interpersonal, and verbal and written communication skills
• Utilize client's loan operating system to ensure accurate data entry
• Underwrite loans in accordance with client guidelines; utilizing AUS or manual guidelines
• Evaluate and ensure overall loan documents are accurate, complete, and compliant
• Ability to identify and/or clear ref flag or alerts
• Issue loan decision and condition file accordingly
• Review and approve conditions for compliance and completion of loan file
• Provide excellent customer service to internal and external clients
• Maintain current knowledge of client and investor requirements
• Resolve pre and post-closing issues as they relate to underwriting
• Assist Processors/Loan Officers in understanding underwriting decisions and conditions.