Lead Associate - Transactional Quality - Chennai - REF67718V
Lead Associate - Transactional Quality - Chennai - REF67718V
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Job Description
Position Summary: The Mortgage underwriting associate evaluate and determine the eligibility of loan applications of residential mortgage (14 family) loans. Mortgage underwriting associate role includes but not limited to analyzing and verifying loan applications review of all 4 Cs evaluating risks and making loan eligibility decisions.
The incumbent ensures the accurate efficient and timely flow of information/documentation for offering quality and efficient services.
Responsibilities:
Knowledge of mortgage underwriting and Agency automated underwriting systems
Demonstrate a full understanding of agency guidelines as well as posted Lender internal guidelines
Review all mortgage applications and documentation for accuracy and completeness
Review and be able to complete a full analysis of all types of income (Self/Rental/Wage/etc) Assets Liabilities Credit and Collateral.
Analyze credit income and assets on a loanbyloan basis to properly assess individual risk and promptly provide underwriting decisions to Mortgage Originators
Review property documentation including title commitments sales contracts insurance and flood determinations
Maintain a welldeveloped knowledge of loan product guidelines and industry regulations including assisting in the prevention detection and resolution of mortgage fraud
Review and analyze appraisals for value and compliance with industry requirements
Demonstrate the ability to independently make sound decisions based on the creditworthiness of the applicants based on established underwriting guidelines policies procedures knowledge and experience
Provide exceptional customer care (both internal and external) in a manner that satisfies the individual needs of each customer and builds loyalty to the client
Maintain confidentiality of all customer and employee information
Respond positively to feedback and redirection
Fully utilize systems tools training and resources provided to maximize potential
Assist other departments as needed
Meeting daily production.
Meeting the daily SLA requirement
Knowledge/Skills/Abilities:
Experienced mortgage professional with 23 years with mortgage underwriting.
Has a complete understanding of Conventional FHA and VA underwriting guidelines.
Has working knowledge of real estate lending criteria and federal state and agency compliance
Can multitask and manage time efficiently
Has strong organizational skills attention to detail and basic Microsoft Office skills
Good analytical and problemsolving skills.
Strong organization and verbal and written communications skills.
Highly adaptive and open to changes as the organization grows and its needs on experience in Quality Tools such as RCA Pareto Analysis etc
Qualifications :
Any Batchelors Degree
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
