Underwriter

Job Description:

“Firstsource Solutions Limited, an RP-Sanjiv Goenka Group company is a global leader providing business process solutions and services spanning the customer lifecycle across Healthcare, Banking and Financial Services, Communications, Media and Technology, Retail, and other diverse industries. With a global footprint across US, UK, India, Philippines, Mexico, Romania, Turkey, Trinidad & Tobago, South Africa, and Australia, they ‘make it happen’ for their clients, solving their biggest challenges with hyper-focused, domain-centered teams and cutting-edge tech, data, and analytics. Firstsource’s inch-wide, mile-deep practitioners work collaboratively, leveraging UnBPO™ - their differentiated approach to reimagining traditional outsourcing - to deliver real-world, future-focused solutions that drive speed, scale, and smarter decision, turning transformation into tangible results for clients.”

Underwriter and Sr Underwriter

Experience required for the Job: 3+ years

Mode of work: WFH

Key skills: Underwriting, US mortgage, Live Underwriting

Position Overview

Candidate should have total 3+ years of US mortgage underwriting experience

- Well versed with FNMA. FHLMC, knowledge of GNMA and investor guidelines is an additional benefit - Should have good analytical and problem-solving skills - Should have decision-making skill when applying in business judgment - Evaluate complete loan documents and should provide approval or denial decision - Complete review of credit report to verify trade lines, derogatory accounts, public records and credit reconciliation - Thorough income calculation Salaried income, business income, retired other income and rental income - Complete review of Collateral and property valuation - Assets verification include borrowers bank account statement, retirement accounts, mutual funds and other investments. - Credit analysis based on borrowers Income, Asset, Liability and Collateral (4C of Underwriting) to determine the credit worthiness of a customer - Validating and processing the Loan documents on behalf a Mortgage lender organization. - Evaluating evidence of borrowers willingness and ability to repay the obligation - Good communication, Presentation skills, Self-motivated and hard working

Criteria:

- Minimum 3 years of Underwriting experience in US Mortgage. - Sound knowledge of US Residential mortgage - Exposure of Underwriting processes & guidelines. - Excellent critical thinking, problem solving and sound judgment. Analysis and Calculation of qualifying income from Salaried various tax documents such as 1040s, Schedule E, 1065, 1120, 1120S, K1, transcripts, etc.

Interested candidates share your resumes to reena.baldota@firstsource.com.

⚠️ Disclaimer: Firstsource follows a fair, transparent, and merit-based hiring process. We never ask for money at any stage. Beware of fraudulent offers and always verify through our official channels or @firstsource.com email addresses.