Job Description

Job Profile- NON QM

Shift- US Shift

Permanent Work From Home

PFB JD for your reference.

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.
Job Types: Full-time, Permanent

Pay: ₹600,000.00 - ₹800,000.00 per year

Benefits:

Provident Fund
Work Location: In person

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