ABOUT THE ROLE
You'll step into an L2 (tenured) underwriting seat — this is built for people who already know their way around a file, not a training-wheels ramp. From day one, you'll carry a live pipeline of Conventional, Non-QM, and DSCR loans, working independently to assess risk, clear conditions, and issue decisions that hold up to investor and regulatory scrutiny.
WHAT YOU'LL DO
- Underwrite Conventional, Non-QM, DSCR, bank statement, and P&L mortgage loans end to end
- Analyze borrower income, assets, credit, employment, and collateral to assess eligibility and risk
- Evaluate alternative-documentation loans — bank statement, asset depletion, 1099 income, ITIN, and P&L-only programs
- Issue approvals, conditions, suspensions, or denials in line with agency, investor, and regulatory guidelines
- Review and clear underwriting conditions on resubmitted files, keeping loan officers, processors, and brokers unblocked
- Maintain accurate, audit-ready underwriting records to support QC and compliance reviews
- Stay current on investor requirements, mortgage products, and regulatory changes
WHAT WE'RE LOOKING FOR
Required:
- 2–5 years of hands-on US mortgage underwriting experience, including Conventional and/or Non-QM
- Working knowledge of Fannie Mae, Freddie Mac, Non-QM, and DSCR underwriting guidelines
- Proficiency with DU/LP and an LOS platform such as Encompass or CalyxPath
- A graduate degree in any discipline, and flexibility to work US rotational night shifts
- Available to join immediately or currently serving notice
Nice to Have:
- Direct experience underwriting bank statement, 1099, ITIN, or asset-depletion loans
- Exposure to quality control or audit processes within a mortgage environment
COMPENSATION & BENEFITS
- ₹5–10 LPA, based on experience, last drawn salary, and verified proof
- Joining bonus of up to ₹1,00,000 for immediate joiners (T&C apply)
- Hybrid model: work from office for the first 6 months, then transition to work from home
- Relocation support considered for strong candidates outside Kochi
Pay: ₹500,000.00 - ₹1,000,000.00 per year
Application Question(s):
- Do you have 2–5 years of hands-on experience in US Mortgage Underwriting, including Conventional and Non-QM loan products?
- Do you have practical experience underwriting DSCR, Bank Statement, P&L, 1099, or other alternative documentation mortgage loans?
- Are you proficient in using underwriting systems/tools such as DU/LP and LOS platforms like Encompass or CalyxPath?
- Are you comfortable and available to work in US Rotational Night Shifts on an ongoing basis?
- What is your notice period, and if you're currently serving it, what is your Last Working Day?
- What is your current CTC and expected CTC for this role?
Education:
Experience:
- US Mortgage Underwriting (Conventional & Non-QM): 2 years (Required)
Work Location: In person
