Job Overview:

The Conventional Underwriter reviews, conditions and underwrites mortgage loans in accordance with established

policies and procedures and appropriate guidelines; examines all documentation for accuracy and completeness.
Job Roles and Responsibilities:
• Review and analyse 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.
• Knowledge of Lending & Underwriting Guidelines | Credit & Income Analysis | Cash Flow Analysis | Risk
Assessment | Loan-to-Value Ratios | Debt-to-Income Ratios • Review Initial application - Verify loan, property, borrowers information with other available documents -
Verify borrower's monthly income and expenses - Verify other relevant sections.
• Review all the documents related to borrower’s Credit, Capacity, Collateral and Capital.
• Calculate asset required for closing and reserve purpose for the transaction (as per guideline)




• 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.
• 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. • Other duties as assigned.
- Qualification & Experience
• Degree or Equivalent
• Minimum 2 years of experience in conventional/govt end to end underwriting. • Well-versed with all 4C’s of Underwriting (Asset, Income, Credit and Collateral

📌 Us Residential Mortgage Underwriter Chennai
🏢 Brace infotech
📍 Chennai