Associate – Loan Setup
Altisource · Bengaluru
Job description
About the role
We are looking for a resource with a passion for the mortgage industry to develop and manage client relations under the Altisource umbrella. The Associate – Loan Setup will obtain loan documentation, communicate with stakeholders, and prepare loan files for underwriting.
Key responsibilities
- Obtain mortgage loan documentation by ordering credit reports, land surveys, building appraisals, title work and related information while adhering to internal policies and protecting borrower confidentiality.
- Communicate effectively with Loan Officers, Borrowers and other stakeholders to obtain information or clarification about documents in the loan file.
- Identify mortgage loan application and documentation problems, highlight deficiencies and notify the underwriter.
- Prepare mortgage loan files by reviewing applications, clarifying or obtaining additional information and submitting files to underwriting for approval.
- Continuously assess the pipeline and timely request or follow‑up on borrower documentation to ensure the loan meets product and program requirements.
Required profile
- Ability to obtain and decipher Automated Underwriting System (AUS) findings such as Desktop Underwriter (DU) and Loan Prospector (LP).
- Experience in full‑origination mortgage processing, loan set‑up, documentation, closing, title, quality assurance, compliance, underwriting or assisting with conventional first mortgage loan products.
- Experience working with Loan Officers, Borrowers and managing an active pipeline of mortgage loans.
What we offer
- Competitive salary based on experience and skills.
- Comprehensive insurance plans including medical coverage for employees and families, personal accident benefit and life insurance.
- Wellness programs with onsite doctor support, psychologist, counselor and health‑checkup camps.
- 10 paid holidays plus 26 paid days off per year.
- Employee engagement activities such as sports games, company celebrations, stress‑buster events and quarterly “Living our Values” celebrations.
- Opportunities to join community service initiatives, including Habitat for Humanity.
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Published 6 hours ago
Expires 1 month from now
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Altisource
Bengaluru