Cognizant is conducting a walk-in drive for freshers/exp as Mortgage Loan Underwriter positions in Chennai Location. This opportunity is open to all graduates. For more details regarding the walk-in interview, including the specific venue and timing, please refer to the additional sections provided.
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Company Name: Cognizant
Job Role: Mortgage Loan Underwriter
Experience: 3 – 8 Years
Qualifications: Any Graduate
Job Location: Chennai
Salary: Best in Industry
Job Description:
The Loan Underwriter underwrites and evaluates conventional, FHA, VA, and CRA Residential Mortgage applications in compliance with bank policies and procedures. The Loan Underwriter underwrites and evaluates Home Equity and Consumer Loans.
Depth & Scope:
- Underwrites all types of income, all product types including ethical and salable residential mortgage loans and consumer loans and evaluates risk while ensuring the quality of each loan submitted
- Approves loans, issues alternative options, or adverse action accordingly using sound judgment while applying bank policies and procedures
- Validates the data entry to the appropriate Loan Operating System and evaluates all applicable documentation as required by job function and conditions loan accordingly; informs Processor of any additional items necessary to substantiate loan request
- Demonstrates in-depth knowledge of regulatory, investor and departmental lending policies for underwriting of conventional loan requests
- Identifies loans for exceptions while ensuring proper procedures are followed for approval and documentation; assists in clearing or resolving any issues
- Manages integrity issues and ensures files are compliant to internal guidelines and external regulatory requirements
- Maintains knowledge of loan product guidelines, internal policies and procedures, and regulatory requirements
- Coaches and mentors assigned operations staff; assists with training and guidance as assigned
Experience:
- 3+years of underwriting experience.
- Advanced knowledge of loan underwriting documentation requirements
- Knowledge of Agency DU automated underwriting system; must also be familiar with underwriting larger, more complex and specialty products
- In-depth knowledge of CRA products and industry
- Knowledge of CRA products and industry
NOTE
Those having domestic mortgage experience and domestic bank loan processing would not be considered.
Walk-in Drive Details Here:
Interview Date: 17th October 2026
Interview Time: 10.30 AM – 1.30 PM
Venue Details:
Cognizant Technology Solutions India Pvt Ltd,
Cafeteria Block 3rd Floor A wing,
Plot No. H-4, SIPCOT IT Park,
Padur Post, Siruseri,
Chennai, Tamil Nadu 603103, India.
Contact – Gokul or Annie
| Urgent Interview Calls | Apply Here |
| 3 Hour Live Claude Training - Free Registration | Apply Here |
About Company:
Cognizant is a large global technology and consulting company that helps businesses build modern software, use artificial intelligence, and improve daily operations. It was started in 1994 and has its main office in New Jersey, USA, with a huge workforce spread around the world, including major delivery centers in India.