Accelerate your growth within the Tata group - and experience the wide range of opportunity and progression that the group has to offer. Tata Career Opportunities Portal (COP) is a group mobility function that showcases diverse opportunities at the group. if you are a current employee at a Tata group company, this platform gives you access to roles across companies, functions, and geographies. For employing companies, this is a chance to access talent that is already aligned to the group’s ethos and culture. For you, it gives you the opportunity to progress within the group and gain exposure and experience that will help your professional growth.
In-depth knowledge of Fannie and Freddie guidelines with most recent updates. Proficient in reviewing and analyzing DU & LP loans
Hands on experience on conventional, FHA & VA loans, Agency, Non-Agency & Jumbo loans for Retail & Correspondent channels
Able to validate requirements for the loans based on the transaction (Purchase, Refinance) and occupancy (Primary, Second home and Investment)
Should be able to understand / Analyze the Underwriting Findings and Conditions
Review and validate borrower's employment and personal information from legal documents
Review and Analyze and validate mortgage documents to ensure the accuracy and completeness
Verify accuracy of supporting employment documents, source of down payment/reserves, appraisal value and property title commitment received. Calculation of income, assets, liabilities, DTI on the loan
Review, validate & verify all types of income documents and calculate income from all sources which include wage earner, self-employment income, rental income, pension, social security income etc.
Complete Full review of collateral, income, asset, & liability / credit review and determine whether loan can be Approved or declined.
Review the loan from compliance and regulatory requirements
Assess the credit risk on the file basis the documents submitted by the borrower and vendor
Make recommendations to the customer / borrower on alternative loan structure / counteroffer basis loan scenario