Job Description:

Mortgage Underwriter
Process Lead
WFH/ATL - Work hours are in EST/EDT.

The Underwriter will review all loan documents, including credit, income, assets, collateral, title, and fraud tools; to determine the borrower's ability to repay the debt, in accordance with the AUS, FNMA, FHLMC, and Investor Guidelines. The Underwriter will be granted Lending Authority upon successfully completing the test case process. Once Lending Authority has been granted, the underwriteris responsible for meeting or exceeding the production, customer service, turn times, and quality objectives. The ideal candidate will have over three to four years of experience, independently underwriting residential mortgage loans, expert analytical skills with DU & LP.
Responsibilities include but are not limited to the following:

• Underwrite loans in accordance with agency guidelines, investor overlays, federal, and state regulations.


• Maintain SLA (service level agreements) of 24-48 hours on new loans and resubmissions.


• Communicate with Loan Officers, Loan Specialist, Processors, and other internal or external partners.


• Responsible for meeting or exceeding production objectives.


• Maintain CSAT (customer satisfaction) 4.5 or higher.


• Responsible for maintaining loan quality, with no material risk findings.


• Responsible for restructuring loans and submitting Change of Circumstances.


• Have a clear understanding of self-employed business structures and how to independently calculate self-employed income.


• Ability to independently calculate rental income.


• Review and validate the credit, income, assets, collateral, title, and fraud tools.


• Responsible for obtaining lending authority within 6 weeks.


• Issue initial underwriting decisions (approve, suspend, decline), clear to close changes and final approvals.


• Review Trust agreements and determine eligibility.


• Review, prepare, and submit concurrent HELOCs (home equity line of credit) to the HELOC team.


• Review AUS, Agency guidelines (FNMA and FHLMC), Agency Reference Guide, 50 State Spousal Matrix, Product/Business Restriction Matrix, and client procedures.


• Responsible for completing the Net Tangible Benefit Worksheet.


• Accurately complete system data entry to ensure loans are salable.


• Submits loans for Mortgage Insurance .


• Performs risk assessment of credit and collateral ensuring loan sale and sound credit quality.


• Underwrites mortgage loan applications and evaluates loans in order to maximize organizational profit and minimize risk or loss.


• Responsible for ensuring all documentation meets program and AUS requirements.


• Complete denials and 2nd-level reviews on denied loans.


• Complete timesheets weekly.


• Complete all training within the allotted time.


• Reports to a supervisor or manager.


• Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.

Qualifications
Basic

• Bachelor's degree or foreign equivalent required from an accredited institution. Will also consider three years of progressive experience in the specialty in lieu of every year of education.


• At least 4 years of relevant work experience

Preferred

• Familiar with standard mortgage concepts, practices, and procedures within a particular field.


• Should have a working knowledge of any Mortgage loan origination application. Preferably, BKFS application - Empower, MSP


• Relies on limited experience and judgment to plan and accomplish goals


• Performs a variety of tasks.


• Excellent mathematical and statistical aptitude.


• A certain degree of creativity and latitude as expected

Note: Applicants for employment in the U.S. must possess work authorization which does not require sponsorship by the employer for a visa (H1B or otherwise).

The job entails sitting as well as working at a computer for extended periods of time. Should be able to communicate by telephone, email or face-to-face.

Work Remotely:
This role is WFH in Atlanta or can be fully remote working hours are 8 am to 5 pm EST/EDT.

About Us
Infosys BPM Limited, a wholly owned subsidiary of Infosys Limited (NYSE: INFY), provides end-to-end transformative business process management (BPM) services for its clients across the globe. The company's integrated IT and BPM solutions approach enables it to unlock business value across industries and service lines and address business challenges for its clients. Utilizing innovative business excellence frameworks, ongoing productivity improvements, process reengineering , automation , and cutting-edge technology platforms, Infosys BPM enables its clients to achieve their cost reduction objectives, improve process efficiencies, enhance effectiveness, and deliver superior customer experience.

Infosys BPM has 45 delivery centers in 16 countries spread across 5 continents, with 56,541 employees from 107 nationalities, as of December 2023.

The company has been consistently ranked among the leading BPM companies globally and has received over 60 awards and recognitions in the last 5 years, from key industry bodies and associations like the Outsourcing Center, SSON, and GSA, among others. Infosys BPM also has very robust people practices, as substantiated by the various HR-specific awards it has won over the years. The company has consistently been ranked among the top employers of choice, on the basis of its industry leading HR best practices. The company's senior leaders contribute widely to industry forums as BPM strategists.

Infosys is a global leader in next-generation digital services and consulting. We enable clients in more than 50 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer our clients through their digital journey. We do it by enabling the enterprise with an AI-powered core that helps prioritize the execution of change. We also empower the business with agile digital at scale to deliver unprecedented levels of performance and customer delight. Our always-on learning agenda drives their continuous improvement through building and transferring digital skills, expertise, and ideas from our innovation ecosystem.

EOE/Minority/Female/Veteran/Disabled/Sexual Orientation/Gender Identity/National Origin

Infosys is an equal opportunity employer and all qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, spouse of protected veteran, or disability.

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