V | Underwriting

Job Title :

Underwriting

Qualification :

Any Graduate

Experience :

3+ Years

Must Have Skills :

Well-versed with all 4C’s of Underwriting (Asset, Income,
 Credit and Collateral)

1.Live underwriters
2.Collateral Capacity
3.Credit & Income

Good to Have Skills :

Roles 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 ensure 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 a high level of customer service and
communication with other departments.

• Other duties as assigned.

Location :

Mumbai

CTC Range :

15 lpa(lakh per annum)

Notice period :

Immediate Joiners

Shift Timings :

Night Shift

Mode of Interview :

virtual

Mode of Work :

WFH

Mode of Hire :

 Permanent

Note :

 NA