Job Description

Roles and Responsibilities:
- Loan Application Review: Evaluate and review mortgage loan applications to assess the creditworthiness and risk associated with the borrower. Ensure that applications meet both regulatory and company guidelines.
- Risk Assessment: Analyze financial documents, credit reports, appraisals, property valuations, and income verification to determine the risk associated with a mortgage application.
- Decision-Making: Approve, deny, or recommend modifications for mortgage loans based on underwriting guidelines and financial data, ensuring compliance with internal policies and external regulations.
- Compliance & Regulatory Knowledge: Ensure that all underwriting decisions comply with regulatory requirements, including federal, state, and local laws (e.g., RESPA, TILA, TRID, and HMDA).
- Documentation Management: Review borrower documents, such as income statements, tax returns, bank statements, and credit reports, to verify their authenticity and accuracy.
- Communication with Clients & Brokers: Liaise with loan officers, brokers,



and other stakeholders to clarify loan requirements, resolve discrepancies, and communicate the status of the underwriting process.
- Appraisal & Title Review: Review property appraisals and title reports to ensure they are accurate and align with the mortgage loan requirements.
- Debt-to-Income & Loan-to-Value Ratio Evaluation: Assess the borrower's debt-to-income (DTI) ratio and loan-to-value (LTV) ratio to determine the overall risk of the loan.
- Automated Underwriting Systems: Utilize automated underwriting systems (AUS) like Fannie Mae, Freddie Mac, or proprietary systems to assess loan eligibility.
- Portfolio Management: Monitor and assess loan portfolios, flagging any concerns or potential risks in the loan book.
- File Documentation & Record Keeping: Ensure all loan files are complete, organized, and compliant with underwriting guidelines, maintaining transparent and accurate records for audit and

📌 Underwriting /mortgage (Bengaluru)
🏢 Ignites Human Capital
📍 Bengaluru