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Location: Mumbai, MH, India
Job ID: 1000966
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.
Job Functions 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 insure the collateral is acceptable to investor and the company
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 Audit’s 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