US Residential Mortgage Loan Underwriter

Level - SPE , SME, TL and TM.

Job Profile Summary: The Loan Underwriter underwrites and evaluates conventional, FHA, VA, and CRA Residential Mortgage applications in compliance with bank policies and procedures. The Loan Underwriter underwrites and evaluates Home Equity and Consumer Loans.

Depth & Scope:

- Underwrites all types of income, all product types including ethical and salable residential mortgage loans and consumer loans and evaluates risk while ensuring the quality of each loan submitted
- Approves loans, issues alternative options, or adverse action accordingly using sound judgment while applying bank policies and procedures
- Validates the data entry to the appropriate Loan Operating System and evaluates all applicable documentation as required by job function and conditions loan accordingly; informs Processor of any additional items necessary to substantiate loan request
- Demonstrates in-depth knowledge of regulatory, investor and departmental lending policies for underwriting of conventional loan requests
- Identifies loans for exceptions while ensuring proper procedures are followed for approval and documentation; assists in clearing or resolving any issues




- Manages integrity issues and ensures files are compliant to internal guidelines and external regulatory requirements
- Maintains knowledge of loan product guidelines, internal policies and procedures, and regulatory requirements
- Coaches and mentors assigned operations staff; assists with training and guidance as assigned

Experience:

- 3+years of underwriting experience.
- Advanced knowledge of loan underwriting documentation requirements
- Knowledge of Agency DU automated underwriting system; must also be familiar with underwriting larger, more complex and specialty products
- In-depth knowledge of CRA products and industry
- Knowledge of CRA products and industry

NOTE

We are conducting a F2F drive on 12th September 2026 (Saturday)

Only relevant experience into with min 2 yrs US Residential Mortgage and in originations would be taken for L1 interview. Those having domestic mortgage experience and domestic bank loan processing would not be considered.

Available candidates are requested to register using the link below.

https://forms.cloud.microsoft/r/jDsq0H3EzY

📌 Walk-in || Underwriter - US Residential Mortgage (Chennai)
🏢 Cognizant
📍 Chennai