Pre-Purchase Reviewer

About Pre-Purchase Reviewer

Location: Remote

• 2 years & above: Recent experience of min 2 two years in PPR is Must.
• Education Qualification:- Degree Or Equivalent.
• Preference: - US Mortgage Process (Only Night Shifts).
• Work From Home/Remote.

• Ability to read various documents involved in Closing, Funding and Underwriting.
• Expertise in Origination, Due Diligence, Pre-Purchase Review or Underwriting process.
• Analysing Credit and Income.
• Knowledge on Documents, Loan Origination Cycle.
• Excellent knowledge on ATR/QM, RESPA, TRID and mortgage compliance regulations.
• Should aware of Fannie Mae, Freddie Mac, FHA and VA guidelines.
• Ability to make decision based on situation with Customer Service Skills

• Review and analyse the mortgage loan application to ensure eligibility, accuracy, completeness, and compliance with internal and regulatory guidelines to minimize risk factors.
• Knowledge of Loan Origination Cycle- Loan Application, Origination, Due Diligence, Pre-Purchase Review or Underwriting process.
• Knowledge of different types of mortgages and its functioning and ability to read various documents involved in Closing, Funding and Underwriting.
• Review the loan documents using the Pre-Purchase Review checklist for completeness and accuracy.
• Strong knowledge of ATR/QM (Ability-to-repay/Qualified Mortgage), RESPA (Real Estate Settlement Procedures Act), TRID (TILA-RESPA Integrated Disclosures) and mortgage compliance regulations.
• Review all loan types including Conventional, FHA (Federal Housing Administration), VA (Veterans Affairs) & USDA (U.S. Department of Agriculture).
• General knowledge of Fannie Mae, Freddie Mac, FHA and VA guidelines a plus.
• Add suspense conditions in a clear concise manner in LOS for any deficiencies noted as part of the above review.
• Strong Customer Service Skills, Detail Oriented with good analytical skills and the ability to make decisions based on the situation.

• Degree or Equivalent.
• 2 - 10 years of experience in PPR / Underwriting.
• Should be flexible working in night shifts.
• Good written and oral communications skills in English.