Mortgage Underwriter Resume Example City National Bank Of West Virginia

MORTGAGE UNDERWRITER

Summary

Detail-oriented Mortgage Underwriter with expertise in reviewing and analyzing Income, Assets, Credit, Appraisals and other documents to determine the borrower's ability to repay. Responsible for preparing a careful, detailed analysis of the loan package to determine if a potential borrower presents an appropriate level of risk.

Skills

Current knowledge of Fannie Mae, Freddie Mac guidelines
Proficient in Mortgage Operating System and have knowledge of automated underwriting systems including DU, and LP
Calculate debt-to-income ratios, LTV and income
Excellent written and verbal communication skills
Excellent analytical skills
Excellent credit risk and self-employed analysis skills

Strong mathematical and computer skills
Superior internal/external customer service skills
Ability to multi-task and work in a fast pace environment
Ability to work independently, as well as part of a team
As part of a Team, ability and attitude to work closely with Loan Originators, when necessary.

Experience

Mortgage UnderwriterCity National Bank Of West Virginia | Lexington , VA | Nov 2018-Dec 2020

Determined level of acceptable risk by reviewing applications for coverage and loss control reports.
Responsible for examining loan documentations for accuracy and completeness while working with loan originator and processor to secure all required documents.
Review credit packages for credit quality, property eligibility, properly executed documentation, and compliance. Approve, suspend, or deny credit requests based on established industry standards. Communicate credit decisions to the mortgage loan officer and processor, and clarify any necessary requirements to resolve outstanding credit issues.
Monitor and update manuals and software for regulatory, industry, and product changes as required.
Review and clear conditions based on company and investor guidelines within a designated timeframe.
Provide professional and knowledgeable assistance and communication to customers and internal groups
Adhere to compliance procedures and participate in required compliance training.
Reviews all loan documentation to ensure accuracy and completeness and compliance with internal, regulatory, mortgage insurance and investor guidelines.
Approves loan or submits proposed denial to management within established timeframes.

Mortgage UnderwriterCity National Bank Of West Virginia | Milton , WV | Oct 2015-Nov 2018

Using any and all automated or manual underwriting engines review, analyse and underwrite files on first and second mortgage loans for various lenders according to their prescribed guideline.
Review and verify all financial documents to assess economic health of loan applicant including verifying income and employment as well as applicant's credit history.
Source additional information as needed when inconsistencies are found.
Scrutinize accounts from which the applicant's funds are originating to determine the credit worthiness of the applicant.
Assess the property appraisal to ensure accuracy and appropriateness relative to loan being requested.
Ensure conditions have been reviewed and approved for compliance and completion of loan.
Maintains current knowledge of lender and investor requirements.
Assists processors and other underwriters in understanding underwriting decisions and conditions.
Make recommendations for credit and final approval to gain lending authority.

Loan ProcessorDominium Management Services, Inc | Houston , TX | Sep 2012-Sep 2015

Work with Loan Officers to ensure timely processing
Schedule and track closing dates, contingency dates and other loan lock expirations.
Review loan approvals and address all conditions required for underwriting and closing.
Receive on-going, comprehensive training and become an expert on home loan products and the mortgage process.
Scheduling and tracking of closing dates, contingency dates and loan lock expirations.
Prepare and submit timely and accurate loan files to the Closing Department.
Use technology to manage your loan pipeline as well as conduct credit and underwriting analysis.
Provide top-notch customer service and professional, consultative guidance to your clients.
Proactively communicate all status updates to client
Review loan conditions with client and Account Executive to ensure go forward expectations are clear and timelines are met
Mitigate loan pipeline issues by working with internal partners including underwriting, secondary and closing
Perform pipeline follow-up to clear loan conditions and preview all UW conditions submitted
Communicate with clients either to request or to provide information and/or documents as needed
Act as liason between Newfi and client/customer
Schedule/coordinate closings with customer and closing agent

Education and Training

Bachelor of Science: EconomicsUniversity Of Baltimore | | City | 2011

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Mortgage Underwriter Resume Example

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