Senior Underwriter @ Coforge

Home > BFSI, Investments & Trading - Other

Senior Underwriter

Coforge
1 - 6 years
Pune
28 days ago
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Job Description

Job Description

Role - Senior Underwiter/Team Member

Qualification - Any graduate/Post-Graduate

Min exp - 1 to 6 years in underwriting and income calculation

Location - Pune

Shift - Rotational

Week off - Sat & Sun

Cab - One way drop provided

What we are looking for:-

Should be aware of 4 cs of Underwriting (Credit, Capacity, Collateral & Capital)
Should be well versed with Investor Guidelines (FNMA, FHLMC & GNMA)
Should know how to calculate and derive income per Income documents as per pay frequency (Daily, Weekly, Bi-Weekly, and Bi-Monthly/Semi S Monthly).
Income document requirements for different types of income(Salaried, Self-Employed & Other types of income)
Should have knowledge to review Asset documents, Credit Report, Investor guidelines, Fraud Alerts, Public records, Judgements & Liens.
Have Knowledge of Appraisal Report, Appraisal Management guidelines (differs per lenders), Appraisal form types basis type of property (1004, 1073, 1025 etc.), Condo & PUD property requirements.
Should know to calculate Qualifying ratios (Debt-to-income & Frontend ratio)
Should know to review AUS findings and meet or clear the AUS findings requirements or Potential Alerts.
Should know to review other critical documents like (Sales Contract, Insurance docs & Tax docs)
Should investor guidelines.

Job Classification

Industry: BPM / BPO
Functional Area / Department: BFSI, Investments & Trading
Role Category: BFSI, Investments & Trading - Other
Role: BFSI, Investments & Trading - Other
Employement Type: Full time

Contact Details:

Company: Coforge
Location(s): Pune

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Keyskills: Underwriting Income Calculation Post Closing US Mortgage Appraisal mortgage origination

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Current / Recent Company (*)

Experience (*)

Expected Salary (*)

Desired Industry (*):

Functional area / Department (*):

Enter Skills (key skills, subjects, technologies & roles to use in search)

Write briefly about yourself, your experience and education (*)

Attach ResumeMax 2.38 MB (RTF, PDF, DOC, DOCX formats only parsed)

Please, check the file size and type.

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Coforge

Coforge is a leading global IT solutions organization, enabling its clients to transform at the intersect of unparalleled domain expertise and emerging technologies to achieve real-world business impact. A focus on very select industries, a detailed understanding of the underlying processes of those...

Senior Underwriter @ Coforge

Home > BFSI, Investments & Trading - Other