Mortgage Underwriter
Location: Pune / Gandhinagar
Experience: 6–12 Years in Mortgage Underwriting Domain
Shift: US Shifts
Band: BPO 2 / 3 / 4
Salary: Up to ₹12 LPA
Job Description
The Mortgage QC Underwriter will be responsible for performing quality checks on closed loan files and ensuring that underwriting decisions comply with lender, investor, and government guidelines.
Key Responsibilities
- Analyze income, employment, credit strength, property appraisal, Debt-to-Income (DTI), Loan-to-Value (LTV), and other critical mortgage-related information.
- Validate that loan applications adhere to lender guidelines, Freddie Mac/Fannie Mae requirements, and applicable government regulations.
- Assess risk involved in approving loans and determine acceptability to the lender.
- Identify and mark deficiencies or errors observed in loan files.
- Verify supporting documents such as employment proofs, source of down payment/reserves, appraisal reports, and title commitments.
- Review legal documents to ensure completeness and accuracy.
- Identify Mortgage Insurance (MI) requirements and follow MI guidelines where applicable.
Additional Responsibilities
- Maintain service level standards and underwriting timelines
- Support new-hire training activities
- Perform internal quality checks and provide floor support
- Respond efficiently to emails and stakeholder queries
- Ensure adherence to process quality and compliance standards
Required Skills & Experience
- Minimum 6–12 years of conventional mortgage underwriting / QA / QC experience
- Strong understanding of the complete loan cycle
- Hands-on knowledge of Desktop Underwriter (DU) and Loan Prospector (LP)
- Excellent analytical and problem-solving skills
- Strong verbal and written communication skills
- Ability to multitask and work across multiple systems/screens
- Flexible to work in US/night shifts
- Proficiency in MS Office
- Strong attention to detail and customer-focused mindset
- Good interpersonal and team collaboration skills
Qualifications
Essential:
- Graduates with a minimum of 24–36 months of US Mortgage Underwriting experience
Preferred:
- Exposure to FNMA and FHLMC guidelines
- Knowledge of Mortgage Insurance (MI) guidelines
Additional Information
- Ex-TCS employees are not eligible to apply
- PAN and DOB are mandatory for profile creation
Questionnaire Link
Please fill out the mandatory questionnaire form before profile submission:
https://myglit.com/lateral/cref/962d9fb313
Note: Filling out this form is mandatory for further process and profile submission.
Pay: ₹400,000.00 - ₹1,200,000.00 per year
Work Location: In person
