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jumbo underwriter resume example with 11+ years of experience

Jessica Claire
  • , , 609 Johnson Ave., 49204, Tulsa, OK 100 Montgomery St. 10th Floor
  • H: (555) 432-1000
  • C:
  • resumesample@example.com
  • Date of Birth:
  • India:
  • :
  • single:
  • :
Summary

Detail-oriented Mortgage Underwriter with over 19 years of experience with expertise in performing credit, income, collateral, and assets assessment. Exceptionally skilled in mitigating and evaluating risk. Collaborates well with loan officers, processor, closers, account executives etc. to produce high quality and seamless loan experience for the customer.

Core Competencies
  • Team Leadership and Training
  • Relationship Building
  • Excellent verbal/Written Communication Skills
  • Excellent Mathematical skills
  • Risk Mitigation and Mgmt.
  • Loan Quality and Production
  • Problem-Solving/ Analytical/Good Decision Maker
  • Organized/Proficient at Multitasking
  • Versed in various underwriting platforms ( Manual, Jumbo, Non-Qm , Agency, Forensic, Due Diligence and Compliance
Professional Experience
Jumbo Underwriter, 02/2020 - 03/2022
Better Mortgage , ,
  • Underwrote 2 to 3 jumbo loans per day with a signing authority up to 2 million
  • Efficient in Encompass
  • Analyzed borrowers' risk profiles, credit, income, assets, and collateral to determine loan decision, while working with cross functional teams and providing coaching and feedback on outstanding items.,
  • Experience in reviewing complicated self-employed loans and P&L/ balance sheets for (1120, 1120’s, 1065, Schedule C), restricted stocks loans
  • Approved and/or deny loans within certain limit's and made credit structure and loan eligibility decisions
  • Assisted in boosting profitability for the company by consistently receiving excellent client satisfaction scores from client satisfaction surveys that occurred throughout the loan process
  • Experienced in Nonconforming Portfolio lending
Jumbo Private Wealth Underwriter, 11/2015 - 02/2020
SunTrust Mortgage , ,
  • Underwrote mortgages for high net private wealth clients to ensure compliance with bank and investor by analyzing credit, income, assets, collateral, title and purchase contracts.
  • Signing authority up to 1 million and underwrote 2 to 3 jumbo loans per day.
  • Experience in complicated self-employed loans (1120, 1120’s, 1065, Schedule C), restricted stocks loans
  • Reviewed and Approved Non-QM loans (asset depletion loans)
  • Identified risk factors within each loan and utilizes resources, tools and documentation to detect red flags and clear inconsistencies
  • Improved turn times and client satisfaction while enabling seamless team collaboration by mentoring and coaching processors to boost their confidence and eliminate conflicts on loan files.
  • Experienced with Non-Conforming Portfolio lending
  • Communicate well with clients, sales teams, and operations teams etc.. to resolve outstanding issues as they arise. Such as outstanding conditions, post-closing issues received from investors or audits
Underwriter Standards Specialist II, 02/2012 - 06/2015
Fannie Mae , ,
  • Examined loan files for completeness and accuracy, analyzing credit documents, including, but not limited to, mortgage applications, credit history, assets strength, income, collateral, employment profile, title documents, calculating qualifying ratio’s DTI/ LTV and other pertinent information to the credit decision process on each mortgage file to ensure loans met Fannie Mae delivery requirements
  • Reduce deficiency rates when delivering loan files to Fannie Mae by thoroughly auditing files and sending feedback to lenders as well as providing timely updates on loan status.
  • Thorough knowledge of self-employed borrower’s (Schedule C, 1120, 1120’s , 1065)
  • Consistently met production goals while maintaining quality standards
  • Selected for various special project teams due to excellent quality
  • Achieved and maintained above standard quality control ratings while meeting daily metric requirements in compliance with corporate underwriting protocols.
Frontline Underwriter/ Team Lead, 05/2010 - 01/2012
ACE Risk Evaluations , ,
  • Determined loan approval eligibility by reviewing credit, income, assets, ratios and collateral based on FNMA/FMLMC guidelines
  • Signing authority 1.5 million and underwrote 3 to 4 loans per day
  • Experience in underwriting various loan products for various investors
  • Selected for the pilot team to underwrite Non QM bank statement loans
  • Selected to transition from Underwriter to Team Lead due to excellent qualify and production
  • Improved loan production and decreased turnaround times by developing, implementing, and managing training for a team of 12 underwriters, ensuring consistency in underwriting methods across the team
  • Increased lending efficiencies and productivity by meticulously compiling reports, identifying trends, and providing recommendations to senior management regarding opportunities
Education and Training
FHA Underwriting Training: , Expected in 01/2004
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Capstone Institute - ,
GPA:
Status -
Bachelor of Science: Computer Science, Expected in 01/2001
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Troy State University - ,
GPA:
Status -

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Resume Overview

School Attended

  • Capstone Institute
  • Troy State University

Job Titles Held:

  • Jumbo Underwriter
  • Jumbo Private Wealth Underwriter
  • Underwriter Standards Specialist II
  • Frontline Underwriter/ Team Lead

Degrees

  • FHA Underwriting Training
  • Bachelor of Science

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