Loan Processor /Pre Underwriting US Mortgage Jobs in Bangalore - OCWEN FINANCIAL SOLUTIONS PRIVATE LIMITED
Loan Processor /Pre Underwriting US Mortgage
OCWEN FINANCIAL SOLUTIONS PRIVATE LIMITED
Expired
Posted: 04 May 20
Job Description
Loan Processor /Pre Underwriting US Mortgage
OCWEN FINANCIAL SOLUTIONS PRIVATE LIMITED
2 - 4 years
Bengaluru( Bellandur )
Job Functions and Responsibilities
- Review loans in process daily and determine what is needed to process loans quickly
- Perform document review and processing system audit to ensure information integrity
- Evaluate and ensure overall loan documents are accurate, complete, and compliant
- Review various reports including AUS, Credit, Income, Assets and Collateral documents (Appraisal, HOI, Flood, Title, etc) to determine compliance with investor requirements
- Create a loan submission package for the Underwriting department
- Create / keep track of 'Still Needs Template' from initial submission through closure
- Communicate effectively with onshore processors (SPOCs) and underwriters on follow-ups and queries
- Good verbal and written communication skills
- Sign off on processing conditions
- Process approval and denial letters
- Maintains status of all files in process and updates as needed; keep abreast of all FHA and Investor guidelines and changes that may affect loan status
- Maintain current knowledge about the industry, market trends, competitive position, etc
- Strive to achieve and exceed productivity expectations and standards
- Develop best practice checklists
Qualifications
- Should be flexible with US rotational shifts
- Graduation in any Degree is mandatory
- Relevant experience with loan origination and loan processing (Minimum 2 years)
- High level of proficiency with mortgage loan processing and underwriting systems
- Proficient in Microsoft Office (Word, Excel and Outlook).
- Demonstrate interpersonal, organizational and time management skills
- Good judgment with the ability to make timely and sound decisions
- Time management: Knowing the cut-off times for funding and underwriting so that the file moves smoothly and does not lose a rate lock
- Able to prioritize multiple competing tasks and manage time effective in a fast-paced environment
Job Particulars
Role others
Education Any Post Graduate, Any Graduate
Who can apply Experienced (2 to 3 Years)
Hiring Process Face to Face Interview
Employment TypeFull Time
Job Id923470
Job Category Others
Locality Address
State Karnataka
Country India
About Company
Jobs By Location
Bangalore
Ahmedabad
Mumbai
Delhi
Noida
Chennai
Hyderabad
Gurgaon
Kolkata
Pune
Others also searched for
Active Jobs By Type
View all
View less...
Active Jobs By Category
View all
View less
