Live Underwriter - US Mortgage Residential

Underwriter and Sr Underwriter:

Experience required for the Job: 3+ years

Key skills: Live Underwriting, US mortgage

Position Overview

Candidate should have total 3+ years of US mortgage underwriting experience

Well versed with FNMA. FHLMC, knowledge of GNMA and investor guidelines is an additional benefit

Should have good analytical and problem-solving skills

Should have decision-making skill when applying in business judgment

Evaluate complete loan documents and should provide approval or denial decision

Complete review of credit report to verify trade lines, derogatory accounts, public records and credit reconciliation

Thorough income calculation Salaried income, business income, retired other income and rental income

Complete review of Collateral and property valuation

Assets verification include borrowers bank account statement, retirement accounts, mutual funds and other investments.

Credit analysis based on borrowers Income, Asset, Liability and Collateral (4C of Underwriting) to determine the credit worthiness of a customer

Validating and processing the Loan documents on behalf a Mortgage lender organization.

Evaluating evidence of borrowers willingness and ability to repay the obligation

Good communication, Presentation skills, Self-motivated and hard working

About you:

Minimum 3 years of Underwriting experience in US Mortgage.

Sound knowledge of US Residential mortgage

Exposure of Underwriting processes & guidelines.

Excellent critical thinking, problem solving and sound judgment. Analysis and Calculation of qualifying income from Salaried various tax documents such as 1040s, Schedule E, 1065, 1120, 1120S, K1, transcripts, etc.

Disclaimer: Firstsource follows a fair, transparent, and merit-based hiring process. We never ask for money at any stage. Beware of fraudulent offers and always verify through our official channels or @firstsource.com email addresses.