Job Summary

US Mortgage Underwriter is responsible for evaluating and underwriting residential mortgage loan applications, including Conventional, Non-QM, and DSCR products. The role involves assessing borrower eligibility, analyzing risk, ensuring compliance with investor and regulatory guidelines, and making sound underwriting decisions in a fast-paced environment.

Key Responsibilities
- Review and underwrite Conventional, Non-QM, and DSCR mortgage loans.
- Analyze borrower income, assets, credit, employment, and collateral to assess eligibility and risk.
- Evaluate alternative documentation loans, including bank statement, asset depletion, 1099 income, ITIN, and P&L-only; programs.
- Ensure compliance with agency, investor, company, and regulatory guidelines.
- Issue approvals, conditions, suspensions, or denials based on underwriting standards.
- Review and clear underwriting conditions and resubmitted documentation.
- Collaborate with loan officers, processors, brokers, and internal teams to support timely loan decisions.




- Maintain accurate underwriting records and support quality control and audit processes.
- Stay up to date with mortgage products, investor requirements, and regulatory changes.

Qualifications
- 2-5 years of US mortgage underwriting experience, including Conventional and/or Non-QM loan products.
- Strong knowledge of Fannie Mae, Freddie Mac, Non-QM, and DSCR underwriting guidelines.
- Experience with income analysis, risk assessment, and mortgage compliance requirements.
- Proficiency with Loan Origination Systems (LOS), Automated Underwriting Systems (DU/LP), and document management systems.
- Strong analytical, decision-making and communication skills.
- Ability to manage multiple loan files and meet deadlines in a high-volume environment.
- Exposure to underwriting tools (LOS) such as encompass, calyxpath etc

Note:
- *UG is mandatory*
- *Versatile to work under Rotational Shift - US Rotational Night Shifts*
- *Work Mode: Work from Office

📌 Walk-in || Senior Associate in Trans-Processing (Mumbai)
🏢 TeamLease
📍 Mumbai