Firstsource Recruitment Drive; Hiring Associate – Apply Now

Associate Job Openings in Chennai 2025!!!

Firstsource announced job vacancy for the post of Associate. The place of posting will be at Chennai. Candidates who have completed Graduate / Engineering / Post Graduate with Fresher / Experience are eligible to apply. More details about qualifications, job description and roles & responsibilities are as follows

Name of the Company	Firstsource
Required Qualifications	Graduate
Skills	Communication, MS Word, MS Excel, and PowerPoint
Category	Mortgage
Work Type	Onsite

Associate / Sr Associate  - Mortgage is responsible to perform the Quality Check on the Origination Underwriting process with effective sampling methods to check the quality of production and identify areas of improvement Ability to perform the Quality Check on the Origination Underwriting process with effective sampling methods to check the quality of production and identify areas of improvement.

Θ Positions: Associate / Sr Associate - Mortgage

Θ Job Location: Chennai

Θ Salary: As Per Company Norms

Θ Job Type: Full Time

Θ Requisition ID: 8757

Roles and Responsibilities:

• Play a pivotal role in the underwriting process, assessing the 4C’s (Credit, Capacity, Capital, and Collateral) documentation to determine loan eligibility in accordance with Fannie/Freddie and specific client protocols.
• For Credit assessment, scrutinized Credit Reports for Borrower identification, SSN validation, Credit Score, Public Records, recent Inquiries, Address Consistency within the last 24 months, and Additional SSN verification. Reviewed liabilities, checking for any mortgage delinquencies within the past 12 months.
• Evaluated Capacity to repay, analyzing Salaried, Self-Employment, and Other income sources. Salaried income computed from Paystubs, W-2, and Employment verification; Self-Employment income derived from Tax Returns (1040); Other income assessed through supporting documents.
• Assessed Capital, gauging the Borrower's overall financial robustness by verifying asset statements and calculating assets.
• Reviewed Collateral by examining appraisal reports to finalize the decision-making process.

Required Skills & Qualifications:

• HSC Mandatory
• Any graduation
• Minimum of 6 months to 2 year of work experience in US Mortgage Core Underwriting
• Fundamental understanding of the Loan Origination Cycle.
• Familiarity with various mortgage types and their operational mechanisms, including the documentation needed for Underwriting.
• Effective written and verbal communication skills for comprehending and updating comments, as well as engaging with diverse stakeholders.
• Robust Customer Service aptitude, coupled with a keen eye for detail and strong analytical capabilities, enabling informed decision-making.
• Proficiency in computer usage, encompassing working proficiency in MS Word, MS Excel, and PowerPoint

 

Apply Link – Click Here

For Regular Updates Join our WhatsApp – Click Here

For Regular Updates Join our Telegram – Click Here

DISCLAIMER: The information provided on this page is intended solely for informational purposes for Students, Freshers & Experience candidates. All the recruitment details are sourced directly from the official website and pages of the respective company. Latest MNC Jobs do not guarantee job placement, and the recruitment process will follow the company’s official rules and Human Resource guidelines. Latest MNC Jobs do not charge any fees for sharing job information. Latest MNC Jobs strongly advise Students, Freshers & Experience candidates not to make any payments for any job opportunities.