Non-QM (US Mortgage) Underwriter

Job Description

Non-QM -US Mortgage underwriter(Live)

Budget – 6-8 LPA

Notice Period :- Immediate to 30 days joiners

PFB JD :-

· Good exposure of the underwriting review of the Non-QM Loans.

· Well verse with Non-QM Products like 12/24 Months Bank Statements, ITIN Loans, ALT DOC Loans, and DSCR Loans.

· Interpret Non-QM Matrix & Guidelines accurately

· Complete review of the Borrower profile including collateral, compliance and other lending risks such as interested party involvements

· Complete review of data consistency across the entire loan package to match system, AUS (DU/LP), Fraud Guard Reports or any other reports used to compliance or fraud checks

· Complete review of collateral including in depth analysis of appraisal reports, title commitment, fraud risk checks, insurances documents and sales contract

· Interpret credit policy guidelines and investor guidelines (all FNMA, FHLMC) and apply them to specific loans for effective sale in the secondary market

· Maintain a working knowledge of all current underwriting guidelines, federal and state lending laws and has the ability to comprehensively explain all to others while processing the mortgage loan files

· Stringently look for the Loan to Value (LTV), Debt to Income ratio (DTI) and Housing to Income ratio (HTI) ratios components in the mortgage loan files

· Effectively and quickly communicate any areas of concern with a loan file to supervisors/managers.

· Demonstrate excellent customer service and professionalism.

· Should have very good writing skills with proper grammar and able to summarize requirements in short but clear format.

· Determining, documenting underwriting conditions, communicating requirements and decisions.

· Underwriters maintain high-quality standards by meticulously reviewing loan files. They verify accuracy, completeness, and consistency of information to minimize errors.

Contact:

Suman Sharma

hrdhelpdesk1@raspl.com

Job Type: Full-time

Pay: ₹400,000.00 – ₹800,000.00 per year

Application Question(s):
• How many years of total experience do you currently have?
• How many years of experience do you have in Live underwriting in US Mortgage?
• How many years of experience do you have in Non-QM?
• What is your current CTC?
• What is your expected CTC?
• What is your notice period/ LWD?
• What is your current location?