Loan Eligibility & Income Calculation Analyst

Company Name: Coforge Ltd.

Job Title: Loan Eligibility & Income Calculation Analyst

Location: Dallas TX (Onsite)

Pay: $22/hr on W2

Job Description:
We are seeking an experienced Loan Eligibility & Income Calculation Analyst to join our Mortgage Operations team in Dallas TX. The ideal candidate will have extensive experience in the U.S. mortgage origination and underwriting process. The analyst will be responsible for evaluating the eligibility of loan applicants and accurately calculating borrower income across various income types such as salaried self-employed rental retirement SSI pension and annuity income. The role involves thorough analysis of financial documents ensuring compliance with regulatory requirements and providing detailed assessments that support lending decisions.

Key Responsibilities:
- Analyze borrower information and financial statements to determine loan eligibility.
- Calculate and verify different types of income for mortgage applicants ensuring accuracy and compliance with industry regulations.
- Collaborate with underwriters and other team members to streamline the loan approval process.
- Handle inquiries from loan officers and applicants regarding income calculations and eligibility criteria.
- Stay updated on industry trends guidelines and changes in mortgage regulations.

Skills and Tools Required:
- Extensive knowledge of the U.S. mortgage origination and underwriting processes.
- Strong proficiency in calculating diverse income types including salaried self-employed rental retirement SSI pension and annuity income.
- Excellent analytical skills with attention to detail.
- Familiarity with mortgage software and tools (e.g. Encompass Calyx).
- Strong communication skills to interact effectively with team members and clients.
- Ability to work in a fast-paced environment and manage multiple tasks simultaneously.
- Proficient in Microsoft Office Suite especially Excel for financial analysis.

If you meet the qualifications and are looking for a challenging opportunity in the mortgage industry we encourage you to apply and join our dynamic team at Coforge the Role:
As a Loan Eligibility & Income Calculation Analyst at Coforge Ltd. you will play a critical role in the mortgage operations process. You will assess borrower eligibility and accurately calculate income to support mortgage applications. This position requires a deep understanding of the mortgage underwriting process and the ability to work efficiently in a fast-paced environment. You will be responsible for ensuring that all calculations are compliant with industry standards and regulations.

About the Team:
You will be joining a dedicated Mortgage Operations team in Dallas TX consisting of experienced professionals committed to providing exceptional service. The team collaborates closely to deliver results streamline processes and adapt to changing market conditions. A supportive and inclusive culture defines the team fostering personal and professional growth.

You are Responsible for:
Performing detailed income calculations for various borrower income types ensuring accuracy and compliance.
Evaluating borrower documentation and financial history to determine eligibility for mortgage products.
Collaborating with underwriters and other team members to resolve any discrepancies or issues related to income calculations.
Maintaining up-to-date knowledge of mortgage regulations and best practices to ensure compliance in all processes.

To succeed in this role you should have the following:
Extensive experience in U.S. mortgage origination and underwriting processes.
Strong expertise in calculating different types of borrower income including salaried self-employed rental retirement SSI pension and annuity income.
Excellent analytical skills with a keen attention to detail.
Strong communication skills to interact effectively with team members and stakeholders.
A proactive approach to problem-solving and the ability to work independently in a fast-paced environment.

Compensation: $22/hr on W2 with the position being on-site in Dallas TX.

Required Experience:

IC