Job description

Underwriter and Sr Underwriter Candidate expectation ? Minimum 3 years of Underwriting experience in US Mortgage. ? Sound knowledge of US Residential mortgage ? Exposure of Underwriting processes & guidelines. ? Excellent critical thinking, problem solving and sound judgment. Analysis and Calculation of qualifying income from Salaried various tax documents such as 1040s, Schedule E, 1065, 1120, 1120S, K1, transcripts, etc. Job Description: ? Should have good analytical and problem-solving skills ? Should have decision-making skill when applying in business judgment ? Evaluate complete loan documents and should provide approval or denial decision ? Complete review of credit report to verify trade lines, derogatory accounts, public records and credit reconciliation ? Thorough income calculation ? Salaried income, business income, retired other income and rental income ? Complete review of Collateral and property valuationEnsure all servicing activities comply with federal, state, and local regulations, as well as investor and insurer guidelines. ? Assets verification include borrower?s bank account statement, retirement accounts, mutual funds and other investments. ? Credit analysis based on borrower?s Income, Asset, Liability and Collateral (4C of Underwriting) to determine the credit worthiness of a customer ? Good communication, Presentation skills, Self-motivated and hard working

Skills Required

Key Skills

• UNDERWRITING EXPERIENCE IN US MORTGAGE.

Other Information