Muralidhar Thalluri
US Mortgage
Gangavathi
Summary
Professional with over 10 years of experience in US mortgage, UK commercial insurance, and Indian retail asset banking.
Expertise in loan origination, processing, post-closing underwriting, Rate lock Desk, Title review, and Indexing. Strong knowledge of conventional and jumbo loans, contributing to efficient loan management and customer satisfaction.
Overview
15
15
years of professional experience
Work History
Junior Underwriter-US Mortgage
Situs AMC India Private Limited
09.2024 - Current
- Verified credit reports to calculate borrowers' credit liabilities and determine qualifying FICO scores from major bureaus.
- Reviewed income documentation to calculate monthly qualifying income from wages, self-employment, rental income, and benefits.
- Analyzed total assets for borrowers by examining bank statements, checks, gift funds, and real estate documents.
- Review the collateral property, identifying the appraisal value of the property through various Appraisal Reports (Form 1004, 1025, 1073, etc.).
- Verified loan estimates and closing disclosures in accordance with compliance.
- Calculating DTI, HTI, LTV, CLTV, HCLTV ratios, and qualifying the borrower as per QM, Non-QM guidelines.
Operations Analyst- US Mortgage
JP Morgan India Private Limited
12.2017 - 03.2022
- Processed initial rate lock for mortgage applications, ensuring timely and accurate rate locking for clients.
- Extended rate lock periods based on approvals from mortgage origination team leads, facilitating smooth transitions and support for clients.
- Sent rate expiration notices to clients, ensuring timely reminders for necessary actions before rate lock expiration.
- Processed loan modifications (loan term, interest rates, fees) and sent re-disclosure packages to clients.
- Indexed mortgage documents into the company's document management system according to established procedures and guidelines.
Senior Consultant-US Mortgage
Sutherland Mortgage Services Inc
03.2015 - 12.2017
- Acquired and verified borrower documents. Including proof of occupancy, social security number verification documents, government IDs, and state-specific disclosure, ensuring compliance with regulatory requirements.
- Coordinated with borrowers and third-party vendors to obtain documentation for mortgage applications, including credit reports and homeowners’ insurance.
- Reviewed borrower documents for accuracy and completeness, identifying discrepancies and missing information.
- Verified title documents including title commitments, deeds, Closing Protection Letters (CPL), and title fees to ensure accuracy and compliance with underwriting requirements.
- Reviewed title commitment to identify liens, judgments, encumbrances, or title defects that could impact mortgage transactions, facilitating informed decision-making.
- Conducted a review of deeds, divorce decree, and trust documents to verify title vesting information.
- Verified tax information from NETRO online to confirm tax paid information.
- Provided title clearance by reviewing and approving title documents, and ensuring that all title requirements were met prior to closing.
Team Member -US Mortgage
SLK Global BPO Services Private Limited
06.2014 - 03.2015
- Verified closing documents, including the Final HUD-1 Settlement Statement, mortgage/Deed of trust, riders, promissory notes, name affidavits, Truth-in-Lending (TIL) disclosures, Notice of Right to Cancel (NORTC), loan application forms (1003), W-9 forms, IRS Form 4506-T, etc., to ensure accuracy and compliance with regulatory requirements.
- Provided authorization for fund disbursement after verifying that all closing documents were properly executed, and in compliance with lender instructions and regulatory standards.
Back-Office Assistant
Mphasis
04.2012 - 05.2014
- Processed insurance back-office operations for the commercial insurance fleet segment, including providing quotations, generating new insurance policies, and preparing renewal policies.
- Utilized insurance software systems to input client information, calculate premiums, and generate insurance quotes and policies.
- Managed client urgent requests, prioritizing and allocating resources to address critical issues and meet client deadlines.
Back-Office Assistant
HDFC Bank
11.2010 - 05.2011
- Executed KYC and CIBIL verification for loan applicants, ensuring regulatory compliance and risk assessment accuracy.
- Compiled and organized loan files for underwriter review in accordance with lender guidelines.
- Prepared closing documents to enable prompt loan disbursement.
Education
MBA - Finance and Marketing
Bangalore University
01.2009
B. Com - Finance
Gulbarga University
01.2007
Skills
5 Years experience in Equity, derivative analysis and Trading
DECLARATION
I hereby declare that the information furnished above is true to the best of my knowledge.
Date
Muralidhar Thalluri
Timeline
Junior Underwriter-US Mortgage
Situs AMC India Private Limited
09.2024 - Current
Operations Analyst- US Mortgage
JP Morgan India Private Limited
12.2017 - 03.2022
Senior Consultant-US Mortgage
Sutherland Mortgage Services Inc
03.2015 - 12.2017
Team Member -US Mortgage
SLK Global BPO Services Private Limited
06.2014 - 03.2015
Back-Office Assistant
Mphasis
04.2012 - 05.2014
Back-Office Assistant
HDFC Bank
11.2010 - 05.2011
B. Com - Finance
Gulbarga University
MBA - Finance and Marketing
Bangalore University