Job Description:
Job role
- Review and analyze loan applications, credit reports, income documents, asset statements, and collateral
documentation.
- Evaluate borrower risk based on creditworthiness and compliance with investor and regulatory guidelines.
- Make sound underwriting decisions and issue approvals, suspensions, or denials based on documented
findings.
- Ensure compliance with Fannie Mae, Freddie Mac, FHA, VA, and other agency/investor guidelines.
- Provides final approval underwriting of mortgage loans.
- Sign off conditions in a timely manner set by management.
- Participate in internal audits and assist in resolution of post-closing and quality control issues.
- Minimum of 4-5 years of experience in US mortgage underwriting.
- Any graduation / Post Graduation is preferred.
- Robust knowledge of conventional and government loan underwriting (FHA, VA, USDA).
- Familiarity with AUS systems (DU/LP), loan origination systems, and compliance requirements.
- Excellent analytical and decision-making abilities.
- Strong verbal and written communication skills.
- Shift:
Primarily Night shift (9:30 PM to 6:30 AM IST). Must be flexible to operate in other shifts/holidays
basis the business requirement
Must have skills
- Live & PFQC underwriting
- Conv & Govt loan products (FHA, VA & USDA)
Strong Written Communication skills
Good to have skills
Good Verbal Communication Skills
• Independently analyse loan files to ensure adherence to: Regulations and legal standards governing mortgage
lending. Loan programs and guidelines, including superior knowledge of conventional, conforming, non-
conforming, and government programs and guidelines.
• Make independent decisions regarding acceptability of loan files and approval/denial of loan applications
• Critically analyse loan files to ensure that information is compliant with lending guidelines and legal standards,
including “red flags”, suspicious activity standards, and ethical lending standards
• Application of pro
📌 QM Underwriter (Mumbai)
🏢 RECEX
📍 Mumbai