QM Underwriting (US QM Loan 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 client s 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 3 5 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 coverageSecure work environment per client information security standardsSkills: fha guidelines,underwriting,aus tools (du/lpa),fannie mae guidelines,income calculation (w2, 1040, k1, 1120),qualified mortgage (qm) standards,quality metrics,loan origination system (los),credit analysis,aus tools,freddie mac guidelines,atr/qm rule,usda guidelines,communication skills,va guidelines,us residential mortgage underwriting,lapp/sar certifications