Mortgage Underwriter
TCS
1 - 4 years
Mumbai
Posted: 11/05/2025
Job Description
Job Role: US Residential Mortgage Underwriter
Work Location: Mumbai
Experience: 1 to 3 years
Job Description:
• Analyze income & employment, credit strength, property appraisal, check over debt to income (DTI) and Loan to Value (LTV) and all other information pertinent to the credit decision process on each mortgage application, as presented by the applicant.
• Underwriter to validate that a prospective mortgagor’s loan application adheres to the lenders, Investors (Freddie or Fannie Mae’s) and guidelines of applicable government agencies to approve the loan.
• Analyzing the risk involved in approving a loan to determine whether or not it is acceptable to the lender.
• &nb sp; Put conditions for missing documents required to approve the loan
• Verify accuracy of supporting employment documents, source of down payment/reserves, appraisal value and property title commitment received.
• Review of legal documents, if present, to ensure the accuracy & completeness.
• Identify the mortgage insurance requirement (MI) and follow the MI guidelines, if applicable.
About Company
Tata Consultancy Services (TCS) is one of the largest multinational IT services and consulting companies in the world, headquartered in Mumbai, India. It operates in over 50 countries and is a part of the Tata Group, India's largest business conglomerate. TCS offers a wide range of services including software development, consulting, digital transformation, and business solutions, serving industries such as finance, healthcare, retail, and telecommunications. Known for its global reach, technological expertise, and innovation, TCS is consistently ranked among the top IT services companies globally.
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