U.K Mortgage Underwriter

We are seeking a skilled U.K Mortgage Underwriter with expertise in the 4 Cs of underwriting (Credit, Capacity, Collateral, and Capital). The ideal candidate will have experience in risk assessment, income calculations, and property evaluation, ensuring compliance with underwriting guidelines and regulatory standards.

Shift & Working Days:

• Shift: U.K (11am -11pm).
• Working Days: 5 days of working.

Key Responsibilities:

• Underwriting Activities: Review, analyze, and approve/deny mortgage applications based on risk assessment and investor guidelines.
• 4 Cs of Underwriting: Evaluate borrowers Credit, Capacity, Collateral, and Capital to determine loan eligibility.
• Income Calculation: Assess borrower income using tax returns, W-2s, pay stubs, and financial statements.
• Risk Assessment: Analyze creditworthiness, property valuation, and overall lending risks to ensure sound decision-making.
• Compliance & Quality Control: Ensure adherence to federal, state, and investor regulations, maintaining high-quality underwriting standards.
• Collaboration: Work closely with loan officers, processors, and other stakeholders to streamline the underwriting process.

Requirements:

• Experience: Minimum 2 years in mortgage underwriting, preferably in U.S. or U.K. or global residential loans.
• Attention to Detail: Strong analytical skills to assess financial documents and property risks accurately.
• Communication: Ability to articulate underwriting decisions effectively to internal teams and external stakeholders.