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Associate, Loan Setup at Altisource | Bengaluru

AltisourceBengaluru
On-site Full-time

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Experience Level

Mid to Senior

Qualifications

WHAT WE'RE LOOKING FORStrong ability to interpret and obtain AUS findings (DU and LP). Proven experience in full origination mortgage processing, loan setup, documentation, closing, title, quality assurance, compliance, and underwriting for conventional first mortgage loan products. Experience collaborating with Loan Officers, Borrowers, and managing an active pipeline of mortgage loans. IMPRESS US WITH YOUR ABILITIESAbility to manage an active pipeline of 35-40 first mortgage loans simultaneously. Achieve a “first-time submission” rate of at least 70% within three months of joining. Willingness to take and pass the Secure and Fair Enforcement for Mortgage Licensing Act (SAFE Act) National Test with Uniform State Content and Missouri State Component Test; training and two opportunities to pass will be provided.

About the job

YOUR ROLE IN THE TEAM

  • Acquire essential mortgage loan documentation by ordering credit reports, land surveys, building appraisals, titles, and other pertinent information, ensuring strict adherence to internal policies and procedures while safeguarding borrower confidentiality.
  • Communicate efficiently with Loan Officers, Borrowers, and other stakeholders to gather necessary information or seek clarifications regarding documents in the loan files.
  • Detect issues related to mortgage loan applications and documentation by identifying deficiencies and alerting the mortgage loan underwriter.
  • Organize mortgage loan files by reviewing loan applications, clarifying or acquiring additional information, and submitting loan applications to underwriting for approval.
  • Regularly assess the loan pipeline and proactively request and follow up on borrower documentation to ensure compliance with product and program requirements.

About Altisource

JOIN ALTISOURCE AND MAKE A DIFFERENCE!Are you a natural problem solver who enjoys assisting others in overcoming challenges to find the best solutions?Do you have the ability to learn quickly, are self-motivated, and excel both independently and in team settings?Are you excited about contributing to a new product where your work can have an immediate impact?If so, we would love to meet you! At Altisource, we are seeking dynamic, highly skilled self-starters who thrive in a fast-paced environment. We offer exciting work, supportive colleagues, and opportunities for career advancement. We are currently looking for a dedicated individual with a passion for the mortgage industry to foster and manage client relations under the Altisource umbrella. This is an excellent time to join a growing and stable organization.

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