361 Mortgage Lending jobs in India

A) Review Work: QC specialist is expected to perform following reviews on loan files:
1) Regulatory Compliance Review - Covers i) testing compliance with applicable Qualified Mortgage (QM) and Ability To Pay (ATR) requirements defined under the Dodd-Frank Wall Street Reform and Consumer Protection Act as promulgated by the Consumer Financial Protection Bureau, ii) TRID Review

2) Credit Review: Review each loan file and ascertain conformity with the applicable guidelines and assign a credit event grade accordingly. It includes review of various areas like loan documentation, LTV, CLTV, income, liabilities, debt-to-income ratios (DTI), asset statements, FICO, credit history, validating evidence of borrower's willingness/ ability to repay the obligation, examining income, employment, assets, occupancy status, VOE/ self-employed business documents (if applicable) & verify presence of FND and execution by all parties (for HELOC only)

3) HELOC Regulatory Compliance Review: Covers ROR testing, Fee tolerance testing between Early Disclosure and final HELOC disclosure, TILA APR tolerance testing on the final HELOC disclosure, comparison of fees on HUD to fees disclosed on the final HELOC disclosure (If a HUD is used)

4) Non-HELOC Regulatory Compliance Base Review: Covers testing for i) certain applicable federal, state and local high cost and/or anti-predatory laws, ii) State-specific consumer protection laws including late charge and prepayment penalty provisions, iii) Truth-in-lending/regulation Z (TILA) adherence, iv) Real Estate Settlement Procedures Act (RESPA) laws and regulations

5) Property Valuation Review: Review the original appraisal to ensure completeness and adherence to applicable lending guidelines
6) Effectively communicate and clear any required conditions. 

B) Resource Development/ Mentoring: Assist in the training and mentoring of Underwriting Assistants, Junior Underwriters, and Underwriters

C) Projects & Initiatives:
- Research/ Upskilling - Gather information to make appropriate decisions/ Staying up-to-date on applicable guidelines/ business/ systems etc
- Value Addition - Suggest/ enable implementation of ideas to enhance control effectiveness, risk elimination/ minimization etc.
- Other areas - as assigned from time to time

D) Administrative work - responding to emails, managing trainings completion etc.

Required Qualification

Bachelors degree or equivalent (4-years)

Preferred Qualification

Masters degree or equivalent (6-years)

Additional knowledge, skills, experience or training

- Bachelor’s degree in Business, Economics, Finance, or a related field; equivalent professional experience in lieu of a degree
- At least 5 years of mortgage underwriting experience for US based mortgage company
- Understand Fannie Mae underwriting guidelines
- Experience reviewing appraisal reports and analyzing complex personal and business tax records
- Strong and sound decision-making abilities with the ability to work independently & yet collaboratively with the underwriting team
- Clearly communicate decisions and the justification behind those decisions to the appropriate parties
- Strong interpersonal and communication skills, both verbal and written
- Commitment to providing excellent customer service and high-quality output
- Experience with Microsoft Office applications such as Outlook, Excel, Word, etc

PREFERRED additional knowledge, skills, experience or training

- Master's degree in finance
- Skills to contribute toward full/ Partial automation of controls etc.
- FHA Direct Endorsement certification and/ VA Credit Authority

About Our Company
Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 125 years. We are a U.S. based financial planning company headquartered in Minneapolis with a global presence. The firm’s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection. Be part of an inclusive, collaborative culture that rewards you for your contributions and work with other talented individuals who share your passion for doing great work. You’ll also have plenty of opportunities to make your mark at the office and a difference in your community. So if you're talented, driven and want to work for a strong ethical company that cares, take the next step and create a career at Ameriprise India LLP.

Ameriprise India LLP is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, genetic information, age, sexual orientation, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.

Full-Time/Part-Time

Timings

India Business Unit

Job Family Group

Position Overview:

The Associate Docs to Stips Specialist is responsible for accurately associating borrower-provided documentation to the appropriate underwriting conditions (stips) within the loan origination system. This role requires attention to detail, familiarity with mortgage documentation, and the ability to work efficiently in a fast-paced, paperless environment. The ideal candidate will demonstrate strong organizational skills, effective communication, and a commitment to quality and compliance.

Essential Job Functions:

• Review and analyze borrower-provided documents for completeness and relevance.

• Accurately associate documents to the correct underwriting conditions (stips) in the system.

• Ensure all documentation meets investor and company guidelines.

• Update LOS screen, review risk messages for action, Clear data validators as risk message

reviews are completed, Run decision engine along with fee/pricing engine if applicable with

LOS updates.

• Review credit report for names and other information

• Communicate with internal teams to clarify documentation requirements.

• Maintain productivity and quality standards as defined by management.

• Identify and escalate discrepancies or missing documentation.

• Utilize checklists and system tools to verify documentation accuracy.

• Support underwriters and processors by ensuring timely and accurate document association.

• Maintain up-to-date knowledge of document types and underwriting requirements.

• Adhere to company policies, procedures, and compliance standards.

Requirements:

• 2–5 years of experience in mortgage processing or document review preferred.

• Familiarity with mortgage documentation and underwriting conditions.

• Ability to follow complex task process and complete notation and documentation

• Strong attention to detail and organizational skills.

• Excellent written and verbal communication skills.

• Ability to work independently and meet deadlines in a high-volume environment.

• Proficiency in Microsoft Office and loan origination systems.

• Commitment to maintaining confidentiality and data integrity.

• Availability to work U.S. business hours.

Position Overview:

The Associate Docs to Stips Specialist is responsible for accurately associating borrower-provided documentation to the appropriate underwriting conditions (stips) within the loan origination system. This role requires attention to detail, familiarity with mortgage documentation, and the ability to work efficiently in a fast-paced, paperless environment. The ideal candidate will demonstrate strong organizational skills, effective communication, and a commitment to quality and compliance.

Essential Job Functions:

• Review and analyze borrower-provided documents for completeness and relevance.

• Accurately associate documents to the correct underwriting conditions (stips) in the system.

• Ensure all documentation meets investor and company guidelines.

• Update LOS screen, review risk messages for action, Clear data validators as risk message

reviews are completed, Run decision engine along with fee/pricing engine if applicable with

LOS updates.

• Review credit report for names and other information

• Communicate with internal teams to clarify documentation requirements.

• Maintain productivity and quality standards as defined by management.

• Identify and escalate discrepancies or missing documentation.

• Utilize checklists and system tools to verify documentation accuracy.

• Support underwriters and processors by ensuring timely and accurate document association.

• Maintain up-to-date knowledge of document types and underwriting requirements.

• Adhere to company policies, procedures, and compliance standards.

Requirements:

• 2–5 years of experience in mortgage processing or document review preferred.

• Familiarity with mortgage documentation and underwriting conditions.

• Ability to follow complex task process and complete notation and documentation

• Strong attention to detail and organizational skills.

• Excellent written and verbal communication skills.

• Ability to work independently and meet deadlines in a high-volume environment.

• Proficiency in Microsoft Office and loan origination systems.

• Commitment to maintaining confidentiality and data integrity.

• Availability to work U.S. business hours.

Position Overview:

The Associate Docs to Stips Specialist is responsible for accurately associating borrower-provided documentation to the appropriate underwriting conditions (stips) within the loan origination system. This role requires attention to detail, familiarity with mortgage documentation, and the ability to work efficiently in a fast-paced, paperless environment. The ideal candidate will demonstrate strong organizational skills, effective communication, and a commitment to quality and compliance.

Essential Job Functions:

• Review and analyze borrower-provided documents for completeness and relevance.

• Accurately associate documents to the correct underwriting conditions (stips) in the system.

• Ensure all documentation meets investor and company guidelines.

• Update LOS screen, review risk messages for action, Clear data validators as risk message

reviews are completed, Run decision engine along with fee/pricing engine if applicable with

LOS updates.

• Review credit report for names and other information

• Communicate with internal teams to clarify documentation requirements.

• Maintain productivity and quality standards as defined by management.

• Identify and escalate discrepancies or missing documentation.

• Utilize checklists and system tools to verify documentation accuracy.

• Support underwriters and processors by ensuring timely and accurate document association.

• Maintain up-to-date knowledge of document types and underwriting requirements.

• Adhere to company policies, procedures, and compliance standards.

Requirements:

• 2–5 years of experience in mortgage processing or document review preferred.

• Familiarity with mortgage documentation and underwriting conditions.

• Ability to follow complex task process and complete notation and documentation

• Strong attention to detail and organizational skills.

• Excellent written and verbal communication skills.

• Ability to work independently and meet deadlines in a high-volume environment.

• Proficiency in Microsoft Office and loan origination systems.

• Commitment to maintaining confidentiality and data integrity.

• Availability to work U.S. business hours.

Position Overview:

The Purchase Agreement Review Specialist is responsible for reviewing and validating purchase agreements and related documentation to ensure compliance with company policies and investor guidelines. This role requires attention to detail, strong analytical skills, and the ability to communicate effectively with internal and external stakeholders. The ideal candidate will be highly organized and capable of working in a fast-paced, deadline-driven environment.

Essential Job Functions:

• Review purchase agreements and related documents for accuracy and completeness
• Verify property details, buyer/seller information, and contract terms including but not limited to Property Type, Building Status, Occupancy, PUD Information, Purchase Price, Down payment/Earnest money, Personal Property, PA Closing Date, Contingency Date ,Financing, Appraisal, Interested Party Credit Amount , Applicable Fees & Services, Buyer Paid, Seller Paid, Others, Excl from Excess Cred Calc, Transfer Taxes - Current responsible party, Associated Parties to the Transaction, Seller, Builder, Listing Agent, Buyer's Agent, Settlement Agent
• Identify duplicate Purchase agreements / Updated agreements with new information
• Ensure compliance with investor and company guidelines
• Identify and resolve discrepancies or missing information in documentation
• Coordinate with internal teams to obtain necessary documentation or clarification
• Update loan origination systems with accurate and timely information
• Communicate effectively with stakeholders to ensure smooth processing
• Maintain knowledge of current regulatory and investor requirements
• Support underwriting and processing teams with document validation
• Multitask, follow up and prioritize daily workflow to meet productivity and quality standards.

Requirements:

• 2–4 years of experience in mortgage or financial services with a focus on document review
• Strong understanding of purchase agreements and real estate documentation
• Excellent attention to detail and organizational skills
• Strong written and verbal communication skills
• Ability to follow complex task process and complete notation and documentation
• Ability to work independently and manage multiple tasks
• Proficiency in Microsoft Office and loan origination systems
• Ability to work in a paperless, fast-paced environment
• Availability to work U.S. hours

Notice Period: 0 to 30 days.

Position Overview:

The Purchase Agreement Review Specialist is responsible for reviewing and validating purchase agreements and related documentation to ensure compliance with company policies and investor guidelines. This role requires attention to detail, strong analytical skills, and the ability to communicate effectively with internal and external stakeholders. The ideal candidate will be highly organized and capable of working in a fast-paced, deadline-driven environment.

Essential Job Functions:

• Review purchase agreements and related documents for accuracy and completeness
• Verify property details, buyer/seller information, and contract terms including but not limited to Property Type, Building Status, Occupancy, PUD Information, Purchase Price, Down payment/Earnest money, Personal Property, PA Closing Date, Contingency Date ,Financing, Appraisal, Interested Party Credit Amount , Applicable Fees & Services, Buyer Paid, Seller Paid, Others, Excl from Excess Cred Calc, Transfer Taxes - Current responsible party, Associated Parties to the Transaction, Seller, Builder, Listing Agent, Buyer's Agent, Settlement Agent
• Identify duplicate Purchase agreements / Updated agreements with new information
• Ensure compliance with investor and company guidelines
• Identify and resolve discrepancies or missing information in documentation
• Coordinate with internal teams to obtain necessary documentation or clarification
• Update loan origination systems with accurate and timely information
• Communicate effectively with stakeholders to ensure smooth processing
• Maintain knowledge of current regulatory and investor requirements
• Support underwriting and processing teams with document validation
• Multitask, follow up and prioritize daily workflow to meet productivity and quality standards.

Requirements:

• 2–4 years of experience in mortgage or financial services with a focus on document review
• Strong understanding of purchase agreements and real estate documentation
• Excellent attention to detail and organizational skills
• Strong written and verbal communication skills
• Ability to follow complex task process and complete notation and documentation
• Ability to work independently and manage multiple tasks
• Proficiency in Microsoft Office and loan origination systems
• Ability to work in a paperless, fast-paced environment
• Availability to work U.S. hours

Notice Period: 0 to 30 days.