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1 Mphasis Mortgage Underwriter Job

US Mortgage Underwriter

0-4 years

₹ 1 - 6L/yr

Pune, Chennai

30 vacancies

US Mortgage Underwriter

Mphasis

posted 4d ago

Job Role Insights

Flexible timing

Job Description

Job Title: Underwriter Job type : Full time job opportunity

Work Location Available: Pune and Chennai (Work from office)

Shift time: Monday to Friday (6.30 pm to 3.30 am)

Job Description

Summary

The Underwriters primary responsibilities include reviewing mortgage files submitted to Underwriting. This position requires calculating income, analyzing debt and assets, as well as completing an in-depth review of the completed appraisal and title. Additional responsibilities include entering data into the clients loan operating system, performing a manual underwrite, clearing conditions for Final Approval and communicating outstanding requirements to customers. Candidates must possess a strong sense of urgency with an ability to work in a team environment, maintaining excellent organization and communication skills, maintaining high level of quality standards and commitment to a superior level of customer service.

Essential Job Functions

  • Maintain conforming signing authority and quality standards
  • Maintain current knowledge of client and investor requirements
  • Perform complete and in-depth review of mortgage loan files including income (inclusive of rental income, IRA, annuity and 401K), assets, credit and collateral
  • Utilize clients loan operating system to ensure accurate data entry
  • Evaluate and ensure overall loan documents are accurate, complete, and compliant
  • Manually underwrite loans in accordance with client guidelines
  • Restructure non-conforming loans in order to meet conforming loan limits
  • Complete POA review
  • Identify and/or clear red flags
  • 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
  • Assist Processors/Loan Officers in understanding underwriting decisions and conditions
  • Resolve pre and post-closing issues as they relate to underwriting

Requirements:

  • Minimum 1.5 years of experience in US mortgage underwriting. Required experience in live underwriting.
  • Strong knowledge of income calculations, tax returns, reading credit reports, identifying red flags
  • Knowledge of appraisal and title, and ability to recognize red flags and ineligible properties
  • Strong analytic, interpersonal, and verbal and written communication skills
  • Detail-oriented with strong ability to time manage
  • Ability to work in a flexible and production-oriented environment
  • Must be able to work in a high stress environment while delivering a high-level of customer service
  • Must be willing and able to work as part of a team

Interested candidates please send to your resume to renita.lasrado1@mphasis.com




Employment Type: Full Time, Permanent

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What Mortgage Underwriter at Mphasis are saying

US Mortgage Underwriter

0-4 Yrs

₹ 1 - 6L/yr

Pune, Chennai

5d ago·via naukri.com

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