Considering myself as a result oriented, dedicated well-organized team player, seeking a career in an organization that employs my skills and utilizes my talents gained from experience towards achieving the organizational goals also providing with an environment that encourages continuous learning, exposure to new technology there by helping me achieve professional and personal growth
Overview
5
5
years of professional experience
Work History
Underwriter, Shared Services
SitusAMC
Mumbai
07.2024 - Current
Analyzed financial information including income, assets, liabilities and credit history of applicants.
Verified accuracy of documentation such as income statements, tax returns, bank statements and other related documents.
Determined appropriate loan structure based on customer needs, company policy and regulatory guidelines.
Reviewed and evaluated loan applications to assess creditworthiness, risk and eligibility for approval.
Analysis and Calculation of qualifying income from various tax documents, such as the 1040s, Schedule E, 1065, 1120, 1120S, K1, transcripts, etc.
Calculation of different types of borrower's income: salaried, self-employed, rental, retirement/SSA.
Analyzing the loan document, borrower information meets the particular loan/Client guideline.
US Mortgage Underwriter (Senior Associate)
Quatrro Mortgage Services Pvt. Ltd.
Thane
06.2019 - 07.2024
Ensuring guidelines are met and all documents are in compliance.
Calculation of different types of borrower's income: salaried, self-employed, rental, retirement/SSA.
Analysis and Calculation of qualifying income from various tax documents such as the 1040s, Schedule E, 1065, 1120, 1120S, K1, transcripts, etc.
Reviewing different documents like Credit Report, Bank Statement, Paystub, W2, Tax Return, WVOE, VOE, Title Report, Note, Purchase Agreement, Appraisal Report, 1003, Hazard Insurance, Flood Certificate.
Analyzing the loan document, credit risk, borrower information, debt, and loan-to-ratios.
Review the appraisal report, hazard insurance policy, Purchase Contract, flood certificate, and Preliminary Title Commitment.
If correction is required, then we need to ask for an updated document.
Evaluating loan application in order to approve or deny applications.
Reviewing documentation for compliance with internal and regulatory guidelines.
Thorough knowledge of current US mortgage underwriting guidelines.
Performing a full analysis of the file and appropriate recommendations/conditions regarding deficiencies identified during the loan review process.
Review the loan documentation as per checklist provided, and ensure that all documentation is complete and accurate.
Verify the basic details of the loan on every document, such as Borrower's Name, Subject property address, Loan number, SSN, etc.
Validate documents for the loan set up, such as compliance and state-specific disclosures.
Review borrower income, credit report, employment history, income tax returns, and asset verification.
Initial Disclosure Package, according to checkpoint.
If the above document is not available, then the system needs to add a condition.
Issue appropriate conditions, highlighting any discrepancy found.
Credit, Capacity, Collateral, and Capital as per Client's Guidelines.
Evaluating loan application in order to approve or deny applications.
Working as a Credit, Assets and Income Underwriter for Conventional (Non-Agency Loans)