About the Role?
As a Project Review Associate at Rexera, you will review condominium project documents, ensure regulatory compliance, and help manage financial risk. This role requires a strong background in underwriting U.S. mortgages, knowledge of borrower income and assets, and experience reviewing escrow and condominium documents.?
Key Responsibilities:?
Project Review and Analysis:
Follows and complies with current Agency and Investor project guidelines to ensure standards are met for mortgages sold and delivered, secured by units within Condominium Projects for various investors; Fannie Mae, Freddie Mac, FHA, VA, and various Jumbo investors, as well as Co-op Projects for Fannie Mae and Freddie Mac.
Detailed review of condominium; questionnaires, financials, insurance, recorded legal documents, as well as review of litigation, ground leases, affordable housing, resale deed restrictions, and private transfer fees.
Analyze and approve condominium projects per loan program parameters, such as Limited Review, Full Review of Established, New Construction for conventional, FHA, and VA reviews.
Communicate with clients regarding ineligible or declined projects, providing clear reasoning and guidance.
Compliance and Guidelines:
Stay current with relevant guidelines, updates, and industry best practices.
Ensure every project review meets required standards and risk management protocols.
Training and Support:
Mentor and train junior team members on compliance requirements, document review, and risk analysis.
Provide subject matter expertise to internal teams and support client-facing communications as needed.
Desired Skills & Competencies?
Advanced knowledge of condominium project standards for FHA (SUA & DELRAP), Conventional, and Jumbo investor programs.
Job Types: Full-time, Permanent
Pay: ₹30,168.26 - ₹55,709.58 per month
Benefits:
Flexible schedule
Health insurance
Internet reimbursement
Paid sick time
Paid time off
Provident Fund
Work from home
Work Location: In person
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