SR/ Underwriter- US Residential Mortgage

Smart4talent

ABC is one of the largest private sector companies in India and globally admired for its practices. The company is looking for suitable candidate for the Niche profile of “Underwriter / Sr. Underwriter – US Residential Mortgage” in requirement is very specific and please refer to the below checkpoints to idate should have at least 1 year’s Experience in Core Underwriting of Mortgage for US (United States). Note: Underwriting experience for other countries, eg. UK, Australia, NZ, etc. is NOT relevant for this role. Having only good knowledge (and no experience) is also not idate should have Exposure Only in “Residential” Mortgage Underwriting. Note: Experience in any other form, eg. Commercial Underwriting, Student loan, etc. is not idate should NOT have an Employment / Working Gap of More than 6 Months within the same underwriting underwriting experience is a must. Good working knowledge of all 4 C’s of Underwriting. . Credit. Capacity, Collateral and Capital. Note: Other forms like ‘Modification / Mitigation underwriting’ are not idate should have exposure and Experience in Underwriting Process as a Core Underwriter. Eg. Loss Mitigation, Loan Processing, Modification, Servicing, etc. Note: Only Auditing experience is not relevant candidate should have experience in reviewing of collaterals including in-depth analysis of appraisal reports, Title commitment, Fraud risk checks, Insurances documents and Sales idate should have Exposure to work under Credit policy guidelines and investor guidelines (Including FNMA, FHLMC, FHA, VA & USDA) and apply them to specific loans for effective sale in the secondary idate should have experience in analysis of Assets, Income and Credit to ensure borrower profile, transaction and properties meet the company’s lending ngently look for parameters of ‘Loan to Value’ (LTV), ‘Debt to Income ratio’ (DTI) and ‘Housing to

• Experience

  2 - 5 Years

• No. of Openings

  10

• Education

  Any Bachelor Degree

• Role

  Underwriter

• Industry Type

  Insurance / Claims

• Gender

  [ Male / Female ]

• Job Country

  India

• Type of Job

  Full Time

• Work Location Type

  Work from Office