Loan Review

Job Title: Loan Review

Shift: US Shift

Location: Teynampet, Chennai

Work from Office

Key roles & responsibilities:

✓ Reviewing all loan types including FHA, VA, USDA, Link and NHF loans.

✓ Reviewing and validating the details of loan applications and closing documents.

✓ Calculating, reviewing, and correcting errors on Interest rate, Principal amount, and loan term.

✓ Analysing credit reports to assess risk and determine applicants’ ability to repay the loans.

✓ Verifying the credit histories, Personal reference, and Employment Background verification for each applicant.

✓ Reviewing the documents using the loan review checklist for completeness and accuracy.

✓ General knowledge on Hazard Insurance, DU, Note, DOT, Property Appraisal, Property Tax, Title, Loan Transmittal Summary, Closing disclosure, HUD and 1003 loan application.

✓ Verifying about the property appraisal reports to check the Borrower's name, property address, sales prices, no. of units etc.

✓ Should have sound comprehending skills, good written and verbal communication skills.