JOB TITLE:
Quality Assurance (QA) Underwriter
SHIFT TIMING:
Must be open for Weekend, Rotational & Night Shift
POSITION TYPE:
Full time
LOCATION:
Chennai
Experience Range:
1 years – 4 years
Job Summary:
The QA Underwriter is responsible for conducting underwriting reviews of loans to ensure compliance with lender guidelines. This role involves a comprehensive assessment of loans underwritten by client underwriters to validate accuracy, completeness, and adherence to regulatory and lender requirements.
Key Responsibilities:
• Perform detailed review of loan files, including:
o Loan application
o Appraisal report and Automated Valuation Models (AVMs)
o Credit report
o Mortgage statement and Payoff statement
o Hazard and Flood Insurance policies
o Title commitment
o Note, Mortgage/Deed of Trust, Warranty Deed, and Quit Claim Deed
• Verify that all documentation supports the underwriting decision and that data is accurately reflected in the client's Loan Origination System (LOS)
• Ensure that all loans meet lender guidelines
• Identify discrepancies, compliance issues, or data inconsistencies in document
Qualifications:
• Any bachelor's degree
• Proven experience in mortgage underwriting or QA underwriting
• Excellent attention to detail and analytical skills
• Strong knowledge of mortgage industry regulations and procedures
• Detail-oriented with exceptional organizational abilities
• Effective communication and interpersonal skills
• Ability to work efficiently under pressure and meet tight deadlines