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.

Roles and Responsibilities:

- Review and analyze 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 ensure 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 borrowers 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 Audits 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 3 years of experience in conventional/govt end to end underwriting.

- Well-versed with all 4Cs of Underwriting (Asset, Income, Credit and Collateral)

📌 Senior Underwriter (Bengaluru)
🏢 Global consulting
📍 Bengaluru