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Location: Bangalore, KA, India
Job ID: 1000692
Company:
Position Summary:
The Conventional/Govt 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 Functions and Responsibilities:
1. Underwrite conventional loans to ensure mortgage loan files follow established company, state, federal guidelines.
2. verify all documentation associated with mortgage originations including but not limited to: income, asset, credit, appraisal and title information
3. Effectively communicate required conditions to expedite final approval of the file
4. keep up-to-date of latest updates in company, regulatory and investor guidelines
5. Collaboratively work with mortgage associates by maintaining regular and open communications to resolve loan conditions
Qualifications:
1. Degree or Equivalent
2. Minimum 3 years of experience in conventional/govt end to end underwriting
3. Well-versed with all 4C’s of Underwriting (Asset, Income, Credit and Collateral)