Senior Analyst Underwriting Support Consumer Direct APAC - Bangalore Experience 2 - 12 Years Job Location Bangalore Roles and Responsibilities Review and analyze the mortgage loan application to ensure eligibility accuracy completeness and compliance with internal and regulatory guidelines to minimize risk factors Review all required loan data reports and inspections to insure the collateral is acceptable to investor and the company Responsible for making independent decisions regarding acceptance and risk of loans according to HUD company and investor guidelines Provides final approval underwriting of mortgage loans - Conventional Correspondent FHA VA Reverse Completes all required paperwork and forms in a timely and accurate manner prepares required forms Sign off conditions in a timely manner set by management Work with staff and management to find solutions on escalated loans May be requested to make recommendations for improving Internal Audit s policies and practices Manage loans by using all functions of Encompass Effectively communicate underwriting decisions with processors and advisors Maintain high level of customer service and communication with other departments Qualification Bachelor s degree or equivalent of fifteen years of education mandatory Minimum of 1 years of experience in Mortgage Underwriting with thorough knowledge of Financial and nonfinancial supporting documentation Income calculations Asset Liabilities Appraisal verification Credit report review Knowledge about risk and compliance in Lending especially the FNMA FHLMC Underwriting standards Knowledge about Underwriting procedures of Conventional Correspondent Lending Reverse mortgage FHA VA Government loans underwriting Ready to do any shifts including night shift as per Business unit requirements Ready to travel to office for training and other learning work related activities as per Business unit requirements Must Have skills US mortgage residential underwritingcore underwriting possesses the 4c s of Underwriting credit collateral cash and capacity Income calculations for Salaried and self employedCandidate must have experience in - underwriting is a crucial and challenging process in the US mortgage industry where a loan is sanctioned or declined Underwriters review 300-400 documents which is a difficult task leading to processes being segregated into loan setup post-closing repurchase review and then underwriting candidates must have working knowledge of appraisal forms which involve checking the security and value of the mortgaged property even though some companies have separate appraisal departments Job Type Permanent Pay 700 000 00 - 900 000 00 per year Advantages Health insurance Provident Fund Work Location In person Speak with the employer 91 (phone hidden)

📌 Senior Analyst, Underwriting Support (Karnataka)
🏢 Anvaya Info Solutions
📍 Karnataka