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junior underwriter resume example with 11+ years of experience

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Jessica Claire
Montgomery Street, San Francisco, CA 94105 (555) 432-1000, resumesample@example.com
Professional Summary

Seasoned Mortgage Associate bringing in more than 10 years of experience in mortgage and banking industry. Adept at building loyalty and trust between bank and Customers/Brokers. A very good and reliable team player, natural problem solver and result-oriented Associate. Excellent communication and negotiation skills. Have worked both with Brokerages and direct Lender and possess vast understanding of the functionalities of both.

Skills

Knowledge in:

  • Encompass
  • Calyx Point
  • Microsoft Word
  • Excel

Loans handled:

  • Conventional
  • FHA
  • VA
  • Jumbo Loans
  • Piggyback Loans
  • Non QM Loans
work History
08/2021 to 09/2022 Junior Underwriter Marsh & Mclennan Companies, Inc. | Nashville, TN,
  • Analyzed credit, income, compliance, title documents and appraisals during underwriting process.
  • Able to handle between 200-300 files per month
  • Prepares income worksheet calculation
  • Pre-underwrites files, requests for missing income, assets and other documentations
  • Followed through with Account executives, account managers and assistants and managed all phases of underwriting process.
  • Determined and documented loan conditions and communicated requirements and decisions.
  • Reviewed applications for insurance coverage and reports from loss control specialists to determine risks.
  • Identified portfolio risks resulting from client's underlying business practices, underwriting investigations or fraud exposure.
  • Participated in continuous improvement by generating suggestions, engaging in problem-solving activities to support teamwork.
  • Determined credit risks by reviewing files in advance and comparing data against internal checklists and guidelines.
  • Worked with processing team members to communicate errors and obtain missing information for current applications.
  • Made careful determinations based on skilled analyses of submitted documentation covering credit histories, employment records and current financial status.
  • Verified integrity of applicants' information to minimize fraud.
  • Obtained copies of applicants' credit histories and reviewed paperwork to determine feasibility of granting loans.
  • Evaluated debt ratio, loan-to-value ratios, credit scores property valuations and various other factors when making underwriting decisions.
  • Used critical thinking to break down problems, evaluate solutions and make decisions.
  • Followed through with borrowers, loan processors, loan originators and managed all phases of underwriting process.
10/2020 to 06/2021 Loan Coordinator/Junior Underwriter First Financial Bankshares | Beaumont, TX,
  • Scrubbing Loans: Reviewing flood certification, checking Fraud Report for SSN Hits and sending SSA89, doing data entry to clear Realtor contact information
  • Preparing Loan for CD Preparation. Clearing internal and external conditions and fulfilling conditions for Underwriter to review.
  • Credit Refresh LQI
  • LDP GSA: This will often be referred to as fraud report. It is often completed prior to sending file to CD preparation
  • Loan Estimate and Lock Tracking
  • VVOE via The Work Number and company HR
  • SSA89 SSN Validation
  • FHA Connection: FHA Case Number to match Title, appraisal Login, FHA Case Query
  • Hazard and Flood Insurance Insurance: Checking below data points and completing data entry.
  • Title Review and clear : Draft Title CD, Tax Certificate, Closing Protection Letter or CPL, Preliminary Title Commitment
  • Settlement Agent: Select Settlement Agent
  • Closing Request Form: Must address closing date. It has data entry component. Junior UW must enter escrow companies phone number, email address, and contact person.
  • Invoices: Credit, Processing, HOI and Appraisal invoices must be received and clear condition.
  • Make sure FHA Amendatory Clause and Real Estate Cert is fully executed by all parties.
  • Junior Underwriter is responsible for completing date entry associated with appraisal.
  • Responsible for Appraisal Delivery Timing Requirements
  • Condo Review: For limited review condo, Junior UW will clear Hazard insurance condition and do associated date entry.
  • Payoff: Junior UW is responsible for clearing payoffs on conventional loans and for updating figures on GOV loans.
  • Letter Credit Inquiry: Condition borrower for newly opened credit lines.
05/2010 to 04/2020 Senior Mortgage Loan Processor Shangrila Dreamhome Realty, Inc | City, STATE,
  • Set up and completed loan submission packages.
  • Handled any conditions sent from underwriting departments.
  • Worked with customers in person and via telephone to answer questions, process transactions and resolve issues.
  • Prepared file for final clear-to-close by branch management.
  • Reviewed financial statements and contacted institutions and customers to clarify details.
  • Filed completed loan applications with underwriting and made approval or denial recommendations.
  • Collected and compiled paperwork such as title abstracts, insurance paperwork, loan files and tax histories.
  • Coordinated closing process with attorneys, title companies and government clerks.
Education
Expected in 05/1986 to to Bachelor of Science | Accounting Philippine School of Business Administration, Manila, GPA:
  • CPA Board passer with score of 84.86%
  • H & R Block Certification with a score of 98%
  • Accounting refresher course in Merced College, 2012
PERSONAL SKILLS
  • Ability to process more than 200 loans per month
  • Knowledge of underwriting terminology.
  • Strong attention to detail and accuracy.
  • Effective written and verbal communication skills.
  • Extremely organized.
  • Positive personality and a strong drive and very focused.
  • High analytical ability, detail oriented, high production-driven.

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Resume Overview

School Attended

  • Philippine School of Business Administration

Job Titles Held:

  • Junior Underwriter
  • Loan Coordinator/Junior Underwriter
  • Senior Mortgage Loan Processor

Degrees

  • Bachelor of Science

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