Us Mortgage Pre Purchase Reviewer - Remote, India - Meraki training solutions

Meraki training solutions
Meraki training solutions
Verified Company
Remote, India

2 weeks ago

Deepika Kaur

Posted by:

Deepika Kaur

beBee Recuiter
Description

US MORTGAGE PRE PURCHASE REVIEWER

WALKIN INTERVIEW ON JAN 26 & IN CHENNAI

NO SHIFT OF DATES & NO VIRTUAL INTERVIEW

Experience:
-
-
2 years & above: Recent experience of min 2 two years in PPR is Must
:

- **Education Qualification:


  • Degree Or Equivalent.**:
-
Preference:
  • US Mortgage Process (Only Night Shifts)
:

-
Work From Home/Remote.

Job Overview:


The role of the Pre-Purchase Reviewer is to review the closed loan file documents and ensure that the loan closed according to the approval, meets all federal, state, local and investor requirements and that the data in the LOS matches the data in the mortgage loan documents.

The position requires a thorough understanding and familiarity of both credit, income, assets and closing documents to complete the applicable review questions in the questionnaire and provide results to Client.


CONTACT HR:

**-
Key Required Skills_:
  • _
  • _
Ability to read various documents involved in Closing, Funding and Underwriting._

  • _
Expertise in Origination, Due Diligence, Pre-Purchase Review or Underwriting process._

  • _
Analysing Credit and Income._

  • _
Knowledge on Documents, Loan Origination Cycle._

  • _
Excellent knowledge on ATR/QM, RESPA, TRID and mortgage compliance regulations._

  • _
Should aware of Fannie Mae, Freddie Mac, FHA and VA guidelines._

  • _
Ability to make decision based on situation with Customer Service Skills_
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Job Roles and Responsibilities:

_

  • _
Knowledge of Loan Origination Cycle

  • Loan Application, Origination, Due Diligence, Pre-Purchase Review or Underwriting process._
  • _
Knowledge of different types of mortgages and its functioning and ability to read various documents involved in Closing, Funding and Underwriting._

  • _
Review the loan documents using the Pre-Purchase Review checklist for completeness and accuracy._

  • _
Strong knowledge of ATR/QM (Ability-to-repay/Qualified Mortgage), RESPA (Real Estate Settlement Procedures Act), TRID (TILA-RESPA Integrated Disclosures) and mortgage compliance regulations._

  • _
Review all loan types including Conventional, FHA (Federal Housing Administration), VA (Veterans Affairs) & USDA (U.S. Department of Agriculture)._

  • _
General knowledge of Fannie Mae, Freddie Mac, FHA and VA guidelines a plus._

  • _
Add suspense conditions in a clear concise manner in LOS for any deficiencies noted as part of the above review._

  • _
Strong Customer Service Skills, Detail Oriented with good analytical skills and the ability to make decisions based on the situation._
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Qualification & Experience_

  • _
Degree or Equivalent._

  • _
- 10 years of experience in PPR / Underwriting._

  • _
Should be flexible working in night shifts._

  • _
Good written and oral communications skills in English._


Salary:

₹500, ₹750,000.00 per year


Schedule:

  • Night shift

Education:


  • Bachelor's (preferred)

Experience:


  • Mortgage servicing: 2 years (preferred)
Pre Purchase Reviewer: 2 years (required)


Work Location:
Remote


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