01Key Responsibilities
Review loan applications and supporting documents (income, credit, property valuations)Analyze financial statements, tax returns, employment history, and debttoincome ratiosCalculate borrower qualifying income using salary, hourly wages, commission, bonus, rental, paystubs, W2s and selfemployment income using business bank statements and schedules such as C, K1, 1065 and 1120SReview appraisal reports, AVMs, and residential evaluations documentationReview title, lien position, and ownership documentationPrepare underwriting summaries and recommend loan structuresIdentify redflags and document conditions and stipulation in the LOS (Encompass)Proactively communicate with processors through the underwriting workflow for final CTCCommunicate lending decisions clearly to stakeholdersReconcile complex accounts and prepare daily aging reportsRequired Qualifications:
High school diploma and bachelors degree (mandatory)Strong understanding of credit risk assessment using 4 Cs methodologyKnowledge of income calculation including selfemployed borrowers (both full doc and bank statements)Familiarity with LOS and underwriting systems, preferably EncompassExcellent verbal and written communication skillsAbility to work independently and meet deadlines in a fastpaced environmentSkills Required:
Typing speed: 25WPM with 80% accuracyPattern recognition and problemsolvingEnough mortgage knowledgeJob ClassificationIndustry: BPM / BPO
Functional Area / Department: BFSI, Investments & Trading
Role Category: Lending
Role: Lending - Other
Employment Type: Full time
Company: Sutherland
Location: Mumbai
Ability to work in a team environment with members of varying skill levels. Highly motivated. Learns quickly. .
