Underwriting Specialist - Remote

Overview

An Underwriting Specialist is responsible for reviewing mortgage loan applications, assessing the applicant's creditworthiness, and ensuring that the loan complies with all relevant guidelines and regulations.

In Short

• Review mortgage loan applications to ensure all required documentation is included.
• Verify applicant information, such as income, employment history, credit history, and assets.
• Analyze the applicant's credit report and credit score to assess creditworthiness.
• Evaluate the risk associated with each loan application based on the applicant's financial profile.
• Ensure that all loans conform to federal and state regulations.
• Communicate with loan officers, borrowers, and other stakeholders.
• Make informed decisions regarding loan recommendations.
• Collaborate with other departments to ensure a smooth loan closing process.
• Stay updated on changes in mortgage regulations.
• Provide guidance and support to loan officers regarding underwriting criteria.

Requirements

• Bachelor's degree in finance, business, or related field.
• Minimum 2 years' experience in US mortgage underwriting.
• Strong analytical skills.
• Knowledge of mortgage industry regulations.
• Familiarity with underwriting software and automated underwriting systems.
• Excellent communication and interpersonal skills.
• Attention to detail and ability to work independently.
• Hands-on experience in live US mortgage underwriting.
• Immediate joiners preferred, notice period up to 3 months acceptable.

Benefits

• Comprehensive medical plan for employees and dependents.
• Daily meals and transport facility for commuting to the office.
• Night shift allowance and work from home allowance.
• Group Term life insurance and Accidental insurance.
• Flexibility and convenience prioritized.