Underwriter

Job Summary:

We are looking for experienced US QM Loan Underwriters to join our team supporting U.S.-based lenders. This role involves end-to-end review and decisioning of residential mortgage loan files in alignment with Qualified Mortgage (QM) standards, Fannie Mae/Freddie Mac, Agencies (FHA, VA, USDA) guidelines, and client-specific overlays. The underwriter will work closely with U.S.-based stakeholders to deliver timely and accurate underwriting decisions from our offshore location.

Key Responsibilities:

• Review and assess borrower documentation including income, assets, credit reports, and appraisals to determine loan eligibility under QM and agency guidelines.
• Use AUS tools (DU/LPA) to evaluate loan risk and validate findings.
• Document and justify underwriting decisions clearly within the clients Loan Origination System (LOS).
• Apply and interpret Fannie Mae/Freddie Mac/Agency (FHA, VA, USDA) guidelines, lender overlays, and ATR/QM rules.
• Ensure high standards of accuracy, compliance, and timely turnaround per defined SLAs.
• Coordinate with U.S.-based processors, closers, and underwriters to resolve conditions and questions.
• Maintain required production and quality metrics on a daily/weekly basis.
• Support internal audit and post-closing quality reviews as needed.

Qualifications:

• Minimum 35 years of hands-on experience in US residential mortgage underwriting, with specific expertise in QM loans.
• Strong working knowledge of DU and LPA.
• Familiarity with major LOS platforms such as Encompass, Calyx Point, or similar.
• Excellent understanding of ATR/QM Rule, income calculation (W2, 1040, K1, 1120), and credit analysis.
• Strong written and verbal communication skills in English.
• Willingness to work in U.S. time zone shifts (EST/PST), if required.

Preferred Skills:

• Experience working in an offshore BPO/KPO environment supporting U.S. lenders.
• Exposure to correspondent or wholesale lending models.
• DE, LAPP/SAR certifications (preferred but not mandatory).

Work Schedule & Environment:

• Location: Bangalore
• Shift Timing: U.S. time zone coverage
• Secure work environment per client information security standards