Hiring US Residential Mortgage Underwriters @ Gurgaon

Hiring US Residential Mortgage Underwriters @ Gurgaon

2COMS Consulting Private Limited
Gurgaon / Gurugram
3 - 8 Years
300000 - 800000 INR

Job Description

Greetings from 2COMS!!
We are hiring for an US Residential Mortgage Underwriter job role with the largest MNC in India.
Job Location- Gurgaon.
3 Years relevant experience required in core US Residential Mortgage Underwriting.
Education-Regular Gradutaes.
Salary upto 9 LPA.
PFB the job details:
1. Candidate should have in Depth Knowledge and Experience inUS Mortgage Underwriting(UK, Australia, NZ, orany other country exposure isnot relevant).
2. Candidate should have Exposure inResidential Mortgage Underwritingonly. (Commercial Underwriting is not relevant).
3.Candidateshould not have an Employment/Knowledge Gapof More than 6 Months within the same underwriting Profile.
4.Candidate should have good working knowledge and Experienceof all 4 C of underwriting. I.e.Credit. Capacity, Collateral and Capital.
5.Candidate should haveexposure and Experiencein Underwriting Process as a Core Underwriter. (LossMitigation, Loan Processing, Only Origination, Auditing is not relevant)
6.Candidate should haveexperience in reviewing of collateral including in depth analysis of appraisal reports, title commitment, fraud riskchecks, insurances documents and sales contract
7.Candidateshould have Exposure to work undercredit policy guidelines and investor guidelines(all FNMA, FHLMC, FHA, VA & USDA) and apply them to specific loans for effective sale in the secondary market.
8.Candidate should have experienceinanalysis of Assets,Income and Creditto ensure borrower profile, transaction and properties meet the company's lending criteria Stringently look for theLoan to Value (LTV), Debt to Income ratio (DTI)and Housing to Income ratio (HTI) ratios components in the mortgage loan files.
9.Candidate should haveExperienceinreviewing of the Borrower profile including credit, income, assets, collateral, compliance, employmentand otherlending riskssuch as interested party involvements.

2COMS is a Human Supply Chain Management company. With over 2500+ employees and more than 7 branches, we offer a wide variety of services, connecting more than 4000 professionals with over 70 clients every day.

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