Live - Underwriter

• Candidate must have experience in live underwriting Real Time Analysis.
• Excellent at Income Calculation and DebttoIncome (DTI) Ratio Calculation.
• Expertise in 4Cs framework (Credit Capacity Collateral and Capital)
• Familiar in Credit report Analysis & LOX (Letter of Explanation).
• Knowledge of Credit Bureau Documents to approve the loan Familiar with different account types.

• Review and analyze the mortgage loan application to ensure eligibility accuracy completeness and compliance with internal and regulatory guidelines to minimize risk factors.
• Review all required loan data reports and inspections to ensure the collateral is acceptable to investor and the company.
• Knowledge of Lending & Underwriting Guidelines Credit & Income Analysis Cash Flow Analysis Risk Assessment LoantoValue Ratios DebttoIncome Ratios.
• Review Initial application Verify loan property borrowers information with other available documents
• Verify borrowers monthly income and expenses Verify other relevant sections.
• Review all the documents related to borrower s Credit Capacity Collateral and Capital.
• Calculate asset required for closing and reserve purpose for the transaction (as per guideline)
• Responsible for making independent decisions regarding acceptance and risk of loans according to HUD company and investor guidelines.
• Provides final approval underwriting of mortgage loans.
• Completes all required paperwork and forms in a timely and accurate manner; prepares required forms. Sign off conditions in a timely manner set by management.
• Work with staff and management to find solutions on escalated loans.
• May be requested to make recommendations for improving Internal Audit s policies and practices.
• Manage loans by using all functions of Encompass.
• Effectively communicate underwriting decisions with processors and advisors
• Maintain a high level of customer service and communication with other departments.
• Other duties as assigned.

• Recent 2 years of experience in Live Underwriting
• Minimum 4 years of experience in conventional/govt end to end underwriting.
• Wellversed with all 4C s of Underwriting (Asset Income Credit and Collateral)
• US Mortgage Process (Only Night Shifts)
• Hybrid
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underwriting,dti,live