U.K Mortgage Underwriter

Job Title: U.K. Mortgage Underwriter

Client: One of the Top MNCs

We are seeking a skilled U.K Mortgage Underwriter with expertise in the 4 C’s of underwriting (Credit, Capacity, Collateral, and Capital). The ideal candidate will have experience in risk assessment, income calculations, and property evaluation, ensuring compliance with underwriting guidelines and regulatory standards.

Shift & Working Days:

• Shift:

  U.K (afternoon shifts).

• Working Days:

  5 days of working.

Key Responsibilities:

• Underwriting Activities:

  Review, analyze, and approve/deny mortgage applications based on risk assessment and investor guidelines.

• 4 C’s of Underwriting:

  Evaluate borrower’s Credit, Capacity, Collateral, and Capital to determine loan eligibility.

• Income Calculation:

  Assess borrower income using tax returns, W-2s, pay stubs, and financial statements.

• Risk Assessment:

  Analyze creditworthiness, property valuation, and overall lending risks to ensure sound decision-making.

• Compliance & Quality Control:

  Ensure adherence to federal, state, and investor regulations, maintaining high-quality underwriting standards.

• Collaboration:

  Work closely with loan officers, processors, and other stakeholders to streamline the underwriting process.

Requirements:

• Experience:

  Minimum 2 years in mortgage underwriting, preferably in U.S. or U.K. or global residential loans.

• Attention to Detail:

  Strong analytical skills to assess financial documents and property risks accurately.

• Communication:

  Ability to articulate underwriting decisions effectively to internal teams and external stakeholders.