Basha Shaik

US Mortgage Live Underwriter with 3 years of experience in residential mortgage underwriting, specializing in evaluating loan applications, verifying borrower information, analyzing income, credit, assets, appraisal documents, and ensuring compliance with investor guidelines and conventional loan requirements. Strong knowledge of DTI and LTV calculations, risk assessment, and automated underwriting systems including DU and LP.

MORTGAGE UNDERWRITER - MARCA SOLUTIONS PRIVATE LIMITED - PUNE

(2023-09)

• Perform detailed live underwriting of U.S. residential mortgage loan files for accuracy, completeness, eligibility and compliance with investor guidelines.
• Having experience on QM loans.
• Analyze borrower credit history, credit reports and financial documents to determine loan eligibility and assess risk.
• Calculate and validate Debt-to-Income (DTI) and Loan-to-Value (LTV) ratios for underwriting risk assessment.
• Review base income, other income and self-employment income for qualifying-income analysis.
• Review employment, assets and liabilities and identify missing, inconsistent or insufficient documentation.
• Review appraisal and property documents to support collateral assessment.
• Use Fannie Mae Desktop Underwriter (DU) and Freddie Mac Loan Prospector (LP) findings to support underwriting decisions and clear conditions.
• Follow investor underwriting guidelines and restrictions for conventional and conforming mortgage loan programs.
• Request additional information when required to resolve risk, eligibility or documentation concerns.
• Ensure loan decisions meet investor, regulatory and company standards.
• Audit mortgage loans and communicate feedback with underwriters to support guideline adherence and corrective action.
• Track and manage process-related queries and consistently meet 100% TAT and SLA.
• Support post-closing activities for conventional loans.

B.Com - Computers / Commerce - SMJL Degree College, S.K. University (2023-08) Kadiri, Andhra Pradesh