Job Title

Job Roles and Responsibilities:Candidate should have minimum 2 years of UW experienceWell versed with FNMA. FHLMC and investor guidelines, able to review and locate exact guidelines for decision makingShould have good analytical and problem-solving skillsManage end-to-end underwriting processes, primarily focusing on conventional loans, Closed End Second and VA IRRRLAccurately calculate different Income types such as Salaried, Self-Employment, other income and rental income for loan decisioningShould have decision-making skill when applying in business judgment based on Underwriting reviewEvaluate complete loan documents and should provide approval or denial decisionComplete review of credit report to verify trade lines, derogatory accounts, public records and credit reconciliation, calculate HTI/DTIComplete review of Collateral and property valuation to identify physical and market conditions of propertyAssets verification includes borrowers bank account statement, retirement accounts, mutual funds and other investments. Identify red flags, large deposits, regular deductions on bank statementApply expertise in the 4Cs of underwriting (Credit, Capacity, Collateral, and Capital)Evaluating evidence of borrower’s willingness and ability to repay the obligationGood communication, Presentation skills, Self-motivated and hard workingAble to review investor guidelines (Allregs – FNMA & Freddie) and client overalls