Underwriter - Chennai, India - ARA Resources

ARA Resources
ARA Resources
Verified Company
Chennai, India

1 week ago

Deepika Kaur

Posted by:

Deepika Kaur

beBee Recuiter
Description

Key Responsibilities:


Responsibilities:


  • Reviews loan files submitted for borrowers to ensure file meets loan program requirements. Includes analysis of loan
  • Review of mortgage loan files including; income (inclusive of rental income
  • IRA, annuity and 401K), assets, credit and collateral appraisal reports, collateral and supporting documentation
  • Resolve pre and postclosing issues as they relate to underwriting
  • Analyze income from salaried, commissioned, selfemployed, investment and fixed income sources
  • Complete POA review
  • Utilize client's loan operating system to ensure accurate data entry
  • Conditions files for missing/supporting documentation
  • Revisits loans to review and clear conditions as documents are received
  • Escalates potential fraud files to Credit Manager / Risk Management team
  • Communicate status and decisions (approval, suspense, denial) to the appropriate individuals in accordance with company
  • Manually underwrite loans in accordance with client guidelines
  • Provide excellent customer service to internal clients by demonstrating expertise, accuracy, thoroughness, thoughtfulness, politeness, enthusiasm and clearly conveying requirements in written format
  • Update system with all appropriate information
  • Interpret policies and program requirements while analyzing applicant information, property and documentation

Skills Required:


  • Minimum 2+ years of current experience in U.S. Mortgage with Underwriting experience
  • Knowledge of appraisal and title, and ability to recognize red flags and ineligible properties
  • Excellent written and verbal English communication skills
  • Able to prioritize multiple competing tasks and manage time effective in a fastpaced environment
  • Ability to obtain NMLS-MLO Licenses preferred
  • Ability to adheres to directives, procedures and standards
  • Ability to work in a paperless environment
  • Computer proficiency including Microsoft Office Product Suite

Qualifications & Experience:


  • Any Graduate
  • 2 + Years of experience in US mortgage and underwriting

Salary:
₹400, ₹700,000.00 per year


Schedule:

  • Night shift

Ability to commute/relocate:

  • Chennai,

Tamil Nadu:
Reliably commute or planning to relocate before starting work (required)


Application Question(s):

  • Do you have experience in Underwriting in US Mortgage?
  • Is your Notice Period less than 30 days

Experience:

- total work: 2 years (preferred)


Shift availability:

  • Night Shift (required)
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