Mortgage Underwriter

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  Location

  (INDIA) and Mumbai

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  Job Reference

  21477

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  Functional Area/Experience

  Business, Accounting & Finance / 1 Year

Job Description & Qualifications

Tata Consultancy Services is an IT services, business solutions and outsourcing organisation that delivers real results to global businesses, ensuring a level of certainty that no other firm can match.

Skill Requirements:  

• 2 to 6 years of experience in Mortgage underwriting-4C can apply.
• Should be aware of 4 C’s of Underwriting & able to review, verify, analyze, validate the documents relating to 4 C’s & perform. 
• Should be able to review, validate & verify all types of income documents and calculate income from all sources which include wage earner, self-employment income, rental income, pension, social security income etc. 
• Should be flexible to work in Night shifts. 

Associate should be able to perform the following functions:

• Should be familiar with all US Mortgage Documents including borrower, lender and vendor documents.
• Should be aware of 4 C’s of Underwriting & able to review, verify, analyze, validate the documents relating to 4 C’s & perform necessary calculation.
• Should be able to understand / Analyze the Underwriting Findings and Conditions.
• Review and validate borrower’s employment and personal information from legal documents.
• Review and Analyze and validate mortgage documents to ensure the accuracy and completeness.
• Verify accuracy of supporting employment documents, source of down payment/reserves, appraisal value and property title commitment received. Calculation of income, assets, liabilities, DTI on the loan.
• Should be able to complete Full review of collateral, income, asset, & liability / credit review and determine the decision taken by the Underwriter is correct.
• Should be able to review, validate & verify all types of income documents and calculate income from all sources which include wage earner, self employment income, rental income, pension, social security income etc.

Desired Skills

General Banking

Desired Candidate Profile

Qualifications : BACHELOR OF BUSINESS ADMINISTRATION

Apply By: 04-Feb-2025