Consumer Loan Underwriter III Resume Example Company Name

CONSUMER LOAN UNDERWRITER III

Professional Summary

Driven finance professional, with solid industry instincts. Thirteen years of residential lending experience. and dedication to excellent performance. A demonstrated track record of maximizing customer service and consistently exceeding performance goals. In-depth knowledge of investor guidelines. Fast Learner known for exhibiting creativity and solid leadership skills to quickly resolve loan issues. Personal commitment to highest level of integrity. Proven dedication and initiative in maintaining personal accountability and top levels of performance.

Skills

Wholesale, Retail, Conventional, FHA, VA, USDA and correspondent lending

Proficient in manual and automated underwriting processes and systems, DU/ LP/AUS.

Level 3 Underwriter - signing authority 1 million

Experienced Quality Analyst, Forensic Auditor

Precise in assimilating and interpreting guidelines

Experienced in the review of residential mortgage appraisal forms 1004, 2055, 2065, 2075, 1025, 1073, 2000, and AVM's

Proficient analysis of personal income and tax returns from salaried, commissioned, self-employed, investments, fixed income sources. Analyze assets statements for all types of asset accounts. Calculate Loan to Value ratios

LP, DU, AS400/ I Series, LAS, DOS, SQL. Calyx Point, Encompass, LPS, LAMP, Urban, Stewart, IPortal, Quality Center, Clues, SharePoint. Argo Keys, Quality Center. Excel, Lotus Notes, Microsoft Outlook, MS Office

Attention to detail and consistent follow-through. Articulate oral/written communication skills and persuasiveness. Effective organizational skills, able to manage multiple projects concurrently.

Experience

Consumer Loan Underwriter IIIJan 2013 to Current
Company Name

Evaluating and ensuring overall loan documents are accurate, complete, and compliant.
Analyze risks, run LP and perform manual underwriting procedures.
Calculate Loan to Value ratios, Analyze income from salaried, commissioned, self-employed, investments, fixed income sources.
Analyze assets statements for all types of asset accounts.
Review credit reports to determine credit patterns, current liabilities, outstanding judgments and collections.
Cleared loan approval conditions, issued notice of adverse action to decline customers after 2nd level review, and updated system status as needed.
Identified, recommended and, or negotiated alternatives loan requirements, funding and, or loan-structuring solutions.
Reconcile findings with published guidelines to address/resolve variances.
Well-developed ability to identify and resolve exceptions and to analyze data Meet department performance standards.

Aug 2013

National Rebuttal AuditorFeb 2012 to Jan 2013
Company Name － City, State

Promoted to the National auditing/ rebuttal compliance team identifying patterns and trends within the underwriting and auditor work flow which have material or moderate findings.
Identifying problems, collecting data for resolution, establish facts and provide information that is thorough and concise for the compliance meetings.
Bringing data to call to establish the need for new communications for auditors and underwriters based on the patterns of errors in adherence to guidelines and directives being found.
Coordinated and directed the development, management approval, implementation, and propagation of policies, standards, procedures, and other requirement statements needed to support information security compliance throughout the company.
Audit random samples of all mortgages during the month.
Providing management with monthly Quality Control and Compliance scorecard tracking reports.
Monitoring that findings are being responded to timely by the responsible departments and that Business Control team.

UnderwriterJul 2011 to Feb 2012
Company Name － City, State

Underwrite and Review residential mortgage loans (FHA, Conventional & VA) in accordance with the terms and conditions of the loan approval guidelines.
Maintain quality and production of 7-9 loans daily.
Reviewing and analyzing financial documents to approve the loan.
Identified and reported additional defects in the release of the Sharepoint software 2012 for Bank of America while performing underwriting job functions.

Quality AnalystMay 2010 to Jul 2011
Company Name － State

Subject matter expert supporting the Business analyst and Programmers to assure end user specifications are met.
Provided day to day leadership and coordination of all activities pertaining to project direction, goal setting, planning and estimating delivery.
Analyzed mortgage financial software for defects in accordance with Fannie/Freddie/FDIC regulations and guidelines.
Reviewed and provided feedback on requirements, design, and scope documents.
Create test plans, test scenarios and test reports, and rigorously test and ensure the highest quality.
Evaluate test results to determine pass/fail.
Operated within FDIC regulation time lines and governmental standards.
Scheduled and performed functional, white box testing, system, integration, stress, regression, usability and release testing; identified and submitted errors Prepared issue (defect) tickets for failed tests, verify issue resolution and issues to development for correction, and retested once errors were re-coded.
Worked with testing tool.

UnderwriterNov 2009 to May 2010
Company Name － City, State

DU/LP / AUS and manual underwriting to 417k.
Review credit reports to determine credit patterns, current liabilities, outstanding judgments and collections.
Cleared loan approval conditions, issued notice of adverse action to decline customers after 2nd level review, and updated system status as needed.
Identified, recommended and, or negotiated alternatives loan requirements, funding and, or loan-structuring solutions.

Underwriter IIJan 2009 to Oct 2009
Company Name － City, State

Front Line Originations:.
Signing Authority $ 417k
Re-write authority to 1 million.
Evaluated debt ratio, loan-to-value ratios, credit score, property valuation and various other factors.
Identified and recommended alternatives regarding loan-structuring and financing solutions.
Calculating MI rate based on loan variables, LTV.
FHA comparisons and MI product payment comparison.
Evaluated the risk of loan applications, appraisal reviews, qualified income, assigned credit grades, maintained daily quotas of 10 files per day.
Cleared conditions.

QA Underwriter/ AuditorJan 2006 to Jul 2008
Company Name － City, State

Perform in depth forensic underwriting review of closed mortgage loan files for compliance with applicable state and federal laws and adherence to specific lender guidelines.
Identify potential fraud and/or misrepresentation for all interested parties to the transaction.
Quality control review, risk analysis, and transaction accuracy feedback.
Review automated and manual underwriting approvals, supporting documentation, and re-verify data.
Review income and employment documentation, re-calculate income, and re-underwrite loans as necessary.
Review and analyze mortgage applications, credit reports, appraisals, title commitments, real estate purchase contracts, and other related documents.
Identify underwriter negligence and provide written, detailed reports.
Identify transaction components that indicate a potential for fraud and perform sufficient investigative work to resolve issues that are identified.
Identify misrepresentations and errors made in the origination of the loan.
Measure the overall quality.

Education

BA, Technical and Organizational Management2002Grandview College, Des Moines Iowa State of Iowa

Resume Overview

School Attended

Grandview College, Des Moines Iowa State of Iowa

Job Titles Held:

Consumer Loan Underwriter III
National Rebuttal Auditor
Underwriter
Quality Analyst
Underwriter II
QA Underwriter/ Auditor

Degrees

BA , Technical and Organizational Management 2002

Consumer Loan Underwriter III Resume Example

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