Roles/Duties and Responsibilities

• Calculate income, assets and liabilities to determine borrower qualification of loan
• Review initials and re-submissions on loans and complete the files within set SLAs
• Maintain quality by accurately performing reviews
• Manage end-to-end underwriting processes, primarily focusing on conventional loans, Closed End Second and VA IRRRL
• Accurately calculate different Income types such as Salaried, Self-Employment, other income and rental income for loan decisioning
• Evaluate complete loan documents and should provide approval or denial decision
• Complete review of credit report to verify trade lines, derogatory accounts, public records and credit reconciliation, calculate HTI/DTI
• Complete review of Collateral and property valuation to identify physical and market conditions of property
• Assets verification includes borrowers bank account statements, retirement accounts, mutual funds and other investments. Identify red flags, large deposits, regular deductions on bank statement
• Apply expertise in the 4 C's of underwriting (Credit, Capacity, Collateral, and Capital)
• Evaluating evidence of borrowers willingness and ability to repay the obligation
• Able to review investor guidelines (Allregs – FNMA & Freddie) and client overalls

Required Skills and Competencies

• 4+ years of US customer service experience
• Graduate of any 4 year course
• Well versed with FNMA. FHLMC and investor guidelines, able to review and locate exact guidelines for decision making
• Should have good analytical and problem-solving skills
• Should have decision-making skill when applying in business judgment based on Underwriting review
• Good communication, Presentation skills, Self-motivated and hard working