Team Lead - Underwriter - Chennai

Domain Expertise

•      Solid working knowledge of All 4Cs: Income, Credit, Collateral, and Capital

•      Proficiency in calculating all income types: Salaried, Self-Employed (1084/1120S/K-1), and Other Income

•      Hands-on experience underwriting Purchase, Refinance, and Construction loans

•      Strong working knowledge of Agency Guidelines (Fannie Mae DU / Freddie Mac LPA)

•      Ability to evaluate full loan files and render Approve / Suspend / Counter-offer decisions

•      Reviewing appraisals for valuation accuracy, comparables, and property conditions

•      Identifying red flags across credit reports, title, title insurance, and closing documents

•      Working knowledge of overlays, exception management, and investor-specific guidelines

Roles & Responsibilities

•      Act as the primary quality checkpoint for the team before files are delivered

•      Perform pre-delivery QC on a defined sample of loans; track error trends by underwriter

•      Stay current on FNMA/FHLMC guideline updates; cascade changes to the team through structured briefings

•      Maintain a positive and energized team environment; address interpersonal issues promptly

•      Set clear daily/weekly output expectations aligned to SLA targets set by the AM

•      Ensure all client-facing deliverables are accurate, complete, and on-time

Minimum 2 years of experience as Team lead in US Mortgage Post close or live Underwriting.