Job Description

About Company:
Our client is a tech forward outsourcing company specializing in supporting the US Mortgage, Insurance, and Banking industries. We specialize in end-to-end component-based outsourcing, managing one-off projects to becoming an extension of the customer service or operations team. Our team is built on industry expertise and provides the traction clients need to grow their company.
Equipped with diverse tools, platforms, solutions, and services we strive to work towards our mission to positively impact the financial health of companies by powering in-house processes using top talent, workflow best practices, and progressive technology.
An Ideal Candidate:
The ideal candidate should be experienced in reviewing and verifying borrower documentation for loan processing, proficient in liaising with loan officers, underwriters, and clients to resolve documentation issues, capable of meeting TAT and quality standards while handling escalations and supporting data-driven decisions, and a collaborative team player who leads by example to maintain a stable and motivated work environment.
Key Competencies:
1. Review and analyse the mortgage loan application to ensure eligibility, accuracy, completeness, and compliance with internal and regulatory guidelines to minimize risk factors.
2.Review all required loan data, reports, and inspections to insure the collateral is acceptable to investor and the company.
3.Knowledge of Lending & Underwriting Guidelines | Credit & Income Analysis | Cash Flow Analysis | Risk Assessment | Loan-to-Value Ratios | Debt-to-Income Ratios
4.Review Initial application - Verify loan, property, borrowers' information with other available documents - Verify borrower's monthly income and expenses - Verify other relevant sections. Review all the documents related to borrower's Credit, Capacity, Collateral and Capital.
5.Calculate asset required for closing and reserve purpose for the transaction (as per guideline)
6.Responsible for making independent decisions regarding acceptance and risk of loans according to HUD, company, and investor guidelines.
7.Provides final approval underwriting of mortgage loans.
8.Completes all required paperwork and forms in a timely and accurate manner; prepares required forms.
9.Sign off conditions in a timely manner set by management.
10.Work with staff and management to find solutions on escalated loans.
11. May be requested to make recommendations for improving Internal Audit's policies and practices. Manage loans by using all functions of Encompass.
12. Effectively communicate underwriting decisions with processors and advisors
13. Maintain high level of customer service and communication with other departments.
14. Other duties as assigned. Qualification &