Underwriting - US Mortgage Loan Underwriting- Bangalore

Job Description

Greetings from Personal NetworksUnderwriter drive in Bangalore for more details call on hidden_mobile / hidden_mobile ( whats up resume to this nos )WORK FROM HOME after the trainingAbout Company : An MNC is a global management consulting, technology services and outsourcing company, with more than 249,000 people serving clients in more than 120 countries. Combining unparalleled experience, comprehensive capabilities across all industries and business functions, and extensive research on the worlds most successful companies.Call Anagha hidden_mobile / hidden_mobile for more details.Designation :- Underwriting QA / QC - Loan Underwriting US RegionJob Location :- Bangalore / Chennai / Pune ( Open to Relocate to these Cities )Qualifications :- Any Graduate / BE / B tech / MCA / MscYears of Experience :- 1 YR - 9 yrsSalary offered : 3 Lacs - 12 LacsWORK FROM HOME after the trainingRequirements:Minimum 2 years current mortgage loan underwriting experienceoStrong knowledge of income calculations, tax returns, reading credit reports, identifying red flagsoKnowledge of appraisal and title, and ability to recognize red flags and ineligible propertiesStrong analytic, interpersonal, and verbal and written communication skillsDetail-oriented with strong ability to time manageAbility to work in a flexible and production-oriented environmentMust be able to work in a high stress environment while delivering a high-level of customer serviceMust be willing and able to work as part of a teamStrong capability to work in multiple systems - paperless environmentMust be willing to work in strict security environmentAbility to obtain NMLS-MLO Licenses preferredCandidates must be available to work outside of normal business hours when necessaryQuality Control Analyst U/W QC Position Overview:Perform in-line quality control reviews of mortgage loan files for adherence to specific lender guidelines with an emphasis on buy-pre and post-closing audits, compliance, and other client required quality service levels. Reviews include identifying potential fraud and/or misrepresentation, processing / underwriting deficiencies, compliance violations, and/or applicable scope specific opportunities. Partner with clients quality departments and Digital Risks internal Corporate QA to align, calibrate and respond to quality plans and findings. Work within a corporate structure, as well as within the client-level management team to ensure alignment of company and client quality standards.Essential Job Functions:Review and provide Quality Control feedback on loan file reviews completed by internal staffReview applications for completeness prior to final underwriting approval , Review at ICD, Review Checklist prior to submission to Closing, Review Needs List, Review Documentation, Cite Findings for Missing Documentation, Review Doc Expiration Dates, Cite Findings for Expired Documentation, Review Income Calculations, Cite Findings for Income Errors, Confirm loan product is in compliance with program guidelines and borrower eligibilityReview employment documentation and re-calculate income documentationReviews loan files submitted by U/W for borrowers to ensure file meets loan program requirements. Includes analysis of: loan application, credit profile/report(s), debt and assets, income/financial statements, loan values/loan-to-value ratios, appraisal reports, collateral and supporting documentationReview credit report and re-calculate liabilitiesReview title commitments, hazard and flood insurancePerform Appraisal Reviews for completeness and compliance with program guidelinesAssist leadership team as neededRequirements:Most currently be a U/W QC and should have demonstrated excellent quality.Must have demonstrable, relevant skills and experience in quality control support and practices in the mortgage loan industryDemonstrate impeccable written and verbal communication skillsExcellent time management skills with an emphasis on qualityShould have knowledge in the policies, principles and practices of mortgage loan processing, and underwritingIf interested call Ms. Anagha hidden_mobile / hidden_mobile for more details.Email your updated resume to hidden_email

Keyskills :
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