Mortgage Underwriter corridor outsourcing Pvt Ltd
corridor outsourcing Pvt Ltd
Office Location
Full Time
Experience: 3 - 3 years required
Pay:
Salary Information not included
Type: Full Time
Location: Hyderabad
Skills: Loan Processing, Compliance, Risk evaluation, Data Verification, Regulatory Guidelines, compliance management, Analytical skills, Communication skills, US Mortgage Underwriting, Portfolio Risk Assessment, Loan Documentation, decisionmaking skills
About Corridor Outsourcing Pvt Ltd
Job Description
Job Title: US Mortgage Underwriter Location: Hyderabad Job Description: We are seeking a skilled and detail-oriented US Mortgage Underwriter with 3+ years of experience in mortgage underwriting and processing. The ideal candidate will have a strong understanding of US mortgage guidelines, compliance, and loan processing requirements. Key Responsibilities: Review loan files for completeness and accuracy, including application and closing packages, disclosures, and compliance reports. Assess borrower eligibility by analyzing income, assets, credit, and collateral. Evaluate risk and ensure loans meet investor and regulatory guidelines. Gather and verify data from loan documents, including cash to/from borrower, fee thresholds, tolerances, reserves, and impounds. Determine and document loan conditions, communicate requirements, and provide underwriting decisions. Identify portfolio risks associated with client business practices and recommend solutions. Ensure compliance with US mortgage regulations, disclosures, and closing documents such as Loan Estimates, Closing Disclosures, HUD-1, Title, Purchase Contracts, Security Instruments, Insurance documents, and Flood Certificates. Requirements: Minimum 3+ years of experience in US mortgage underwriting and processing. Strong knowledge of US mortgage residential disclosures, compliance, and loan documentation. Familiarity with underwriting guidelines (FNMA, FHLMC, FHA, VA, and USDA). Proficiency in mortgage software and loan origination systems. Excellent analytical, communication, and decision-making skills. Ability to work in a fast-paced, deadline-driven environment. If you have the required expertise and are looking for a dynamic opportunity, apply today!,