Nagaraj S

I am working as Senior Manager in credit underwriting of Housing and Mortgage loan and handling 3 location with 5 branches credit underwriting process from end to end.

• Reviewing on conventional Loans (Fanne Mae and Feddie Mac) with 4C’s underwriting. • Reviewing 1003 Application and extracting loan information, income details, Asset, Liability, Collateral details and other information. • Reviewing Desktop Underwriter (DU) and Loan Prospectus (LP). • Reviewing borrower income documents from various income source such as Salaried, Self-Employed, Other Fixed Income and Rental Income. • Validating Salaried income documents such as paystub, w-2 or WVOE for 1 or 2 years as per GSE requirement, VVOE within 10 business day to the note date. • Calculating regular base wage salary by pay frequency and averaging the Bonus, Overtime, Commission Income. • Validating Self-Employed income documents such Schedule-C for Sole Proprietors, 1120S business Tax return with K-1, 1065 Tax return with K-1 and 1120 Business Tax return and K1<25% business income • Reviewing credit report and validating borrower SSN, Address, Tri-Merge FICO score, liabilities and payment behaviors, Government Liens, derogatory account etc. • Reviewing Asset document as per GSE Guideline requirement to meet cash to close and reserves requirements. Also need to verify large deposit amount and source of deposit for the same. • Reviewing Collateral Appraisal form 1004, 1073, 1025, 1004C for the Single Family Residential, Condo, Multi-units, manufactured Homes. • Reviewing loan estimate, change of circumstance, initial Closing disclosure and Final Closing Disclosure. • Maintaining daily attendance report and working RCA report on team QC score report.

I joined as Credit Manager in Jana small Finance Bank.

I joined Altisource as a Credit and Income Analyst for post closing loans, I need to review a file once again and determine the file has underwritten as per guidelines and make sure all the loan documents is within 120 days validity to the Note date. Once file has passed check then its ready to move in secondary markert and investors can buy or sell it to other financial institutions.

I worked as a Sr.Associate in Pre-Closing team. My responsible are once the file has underwritten as per guidelines then it comes to closing section before the loan amount get disbursed to tbe borrower. Need to prepare closing disclosure, title documents and ensure the property tax, insurance and HOA payments are collected and these payments are not due to the next 30 days from closing date. Once all the checks are completed and agrees to bank term condition then it moves to funding team.

I started m carrer as modification underwriter in ocwen. I worked 3 year 5 months in ocwen as a modification underwriter.