Senior Underwriter
Job description

Position Overview:

SitusAMC is looking for Senior Underwriters. He will be responsible for the validation of loan underwriting and ensure the loan confirm to the internal Credit policy.

Location: Multiple locations in India

Essential Job Functions:

  • Must have at least 4+ years of experience in US Mortgage Underwriting.
  • Strong knowledge about 4 C's of Underwriting.
  • The desired candidate should be well versed with FHLMC and FNMA selling guide.
  • Knowledge of FHA, VA and other govt. programs are added advantage.
  • The job requires calculation of various types of income (Wage, Self-Employed, Rentals etc.); re-conciliation of borrower’s debts/liabilities, and analysis of various asset documents.
  • The person should also have good knowledge of analyzing property appraisal report and other important documents like Title Report, Purchase Contract etc.
  • The desired candidate should have strong analytical skills with a logical mind and attention to detail. The candidate should possess good verbal and written communication skill.

Qualifications/ Requirements:

  • A range of 4+ years of experience within a US Mortgage organization working in Underwriting department of residential real estate loans.
  • Bachelor’s Degree in any discipline.

Special Requirements:

  • The employee may be required to report to a different local office as a normal, contemplated, and mandated incident of their employment

Working Conditions:

  • Office environment with frequent computer, mouse, keyboard use
  • Alternating between sitting or standing as needed
  • Hearing, talking, reaching, grasping

report job
Can you identify a job scam?
Company details

Headquarters

New York

Employee

5001 to 10000

Revenue

$500M to $1B (USD)

Industry

Real Estate

Company Description
SitusAMC is the leading independent provider of innovative, trusted solutions powering the entire lifecycle of real estate finance. We are trusted by the most respected brands in the industry to identify and capture opportunities in their businesses through innovative solutions that drive operational efficiency, increase business effectiveness, and improve market agility across the entire lifecycle of their global real estate and corporate finance activity. NMLS ID #’s 1978519 – DynAMC Solutions, LLC 1924014 – Situs Asset Management, LLC 1947392 – Situs Holdings, LLC 1778442 – SPT Commercial Mortgage
Company ratings
  • Overall
    3.0
  • Company & Benefits
    2.9 / 5
  • Culture & Values
    2.8 / 5
  • Career Opportunities
    2.4 / 5
  • Work/Life Balance
    3.4 / 5
  • Senior Management
    2.8 / 5
Company reviews
"Good Company for Due Diligence Jobs"
Former EmployeeSenior Analyst
Great Work Life balance and Great pay! Work is project based. Great benefits and Company match 401K. Management is very knowledgeable and helpful. ability to work Remote a plus.

"No Job Security"
Former EmployeeAssociate
The benefits were amazing, salary was wayy above industry standards work life balance was great and so were my colleagues. No job security you never know when another round of layoff will start and what criteria they will use to lay off people
Pros:
Cons:

"SitusAMC was a overall good company to work for"
Former EmployeeSenior Quality Analyst
I worked for SitusAMC for 8 years as a QC specialist 2. I enjoyed the flexibility they gave me with working from home and the pay/ benefits were very competitive. Management was also very supportive. However, opportunities for advancement was very difficult and they basically bull-face lied to us about the stability of the company. They told us we had nothing to worry about for almost a year with the slowness of production, then laid off over 160 people in June 2022. Of course, I didn't believe a word they said and was not surprised when the layoff happened. I also did not appreciate the COVID vaccine push, considering it was a a new experimental drug that is now making people sick. But up until the layoff, they were a good company to work for.
Pros:
Cons:

"Run "
Former EmployeeSenior Underwriter
No job security. Management has not sympathy Hired 40 underwriters and we had no work then just laid us off no strategy and 40+ people are now out of work lots of us had other job offers on the table when joining situs take the review serious you have no future here