MORTGAGE UNDERWRITER Resume Example Company Name

MORTGAGE UNDERWRITER

Summary

Astute Mortgage Underwriter with over 4+ years of industry experience underwriting mortgage loan applications and evaluating loans in order to maximize organizational profit and minimize risk or loss. Responsible for collateral evaluation for lower risk property. Proficient in standard concepts, practices, and procedures of residential underwriting and able to ensure that loan meets agency salability or insurability. Comfortable using data integrity and automated underwriting to make a sound credit decision. Analyzing credit, income and assets on a loan-by-loan basis to properly assess individual risk, and promptly provide underwriting decisions to Mortgage Originators

Skills

Experience with (AUS) automated underwriting systems
Extensive knowledge of FNMA and FHLMC guidelines
Analysis of Borrower's Credit Profile, Income, Assets, and Collateral Value
Experience analyzing all types of Tax Returns
Good oral, written, and interpersonal communication skills to communicate with internal staff and external clients as needed

Strong analytical and mathematical skills
Ability to maintain a customer focus and efficiently and consistently produce accurate work in both individual and team settings
Strong attention to detail and the ability to multi-task and meet deadlines in a fast-paced environment
Solid knowledge of computer systems including MS Office (Word, Excel, and Outlook)

Experience

MORTGAGE UNDERWRITERJan 2019 to Feb 2021
Company Name － City, State

Review loan applications and identify missing or incorrect information
Calculate consumers' income and examine credit histories, assets, and collateral
Assess credit worthiness to determine if borrowers meet Ability to Repay (ATR) and Qualified Mortgage (QM) requirements
Determine final credit decisions based on company policies and investor guidelines
Complete a thorough analysis of loan files to determine accuracy against supporting documents in file and compliance with Company, Investor and Government guidelines
Answers inquiries, provides support to Closer, Processors, and Mortgage Loan Officers, and Management
Prioritizes the underwriting caseload to meet various deadlines for lock expirations or investors guideline changes
Check accuracy of all calculations related to the file
Read credit reports and establish credit worthiness
Review appraisals and determine property worthiness
Transmit data to automated and underwriting engines as applicable
Issue approval, suspense and/or decline letters
Work closely with Secondary Marketing on interest rate changes
Respond to post closing reviews and audits in a timely fashion
Maintain productivity level of 4-5 files per day at turn times established by Underwriting Manager

MORTGAGE UNDERWRITERDec 2016 to Dec 2018
Company Name － City, State

Perform income analysis, including complex self-employment, assets, credit and property, on conventional loan files submitted within the time frame established by departmental management
Perform timely reviews of conditions submitted as well as loan re-submissions
Analyze challenging loan packages to render sound credit solutions
Responsible for analyzing and rendering credit decisions on mortgage loan applications consistent with internal policies and investor guidelines as established by Fannie and Freddie
Reviews and analyzes all required documentation and determines whether additional verification or analysis is needed in cases where information may be questionable
Makes decisions to accept, suspend, or decline loans or MI coverage. May submit loans for second review before notifying appropriate parties of resulting loan decisions
May make joint calls with sales staff to develop new business, and maintain existing customer relationships as identified by an account manager
Process and approve mortgage and consumer loan applications, answer questions, verify applications for completeness, conduct credit investigation, determine value and status of collateral (if any), establish a signature limit (if applicable), approve advances for preapproved signature loans, determine debt ratio, and document loan decision in writing.

MORTGAGE LOAN PROCESSORNov 2014 to Nov 2016
Company Name － City, State

Work closely with Loan Officers, Managers and staff to promote open and effective communication and to ensure quality service delivery to customers.
Manage the loan pipeline report to ensure loans are processed on time and meet guidelines.
Develop and maintain workflows for all stages of document preparation,closing, file documentation, and collateral management.
Monitor loan turnaround time.
Design and implement operating procedures and benchmarks that promote efficient processing of loan requests.
Organize and direct document preparation, loan file content, and loan approval reviews prior to loan closing; make corrections as necessary.
Verify that all loans are processed in compliance with established federal and state regulations, company policies, and secondary market processing guidelines.
Resolve customer service issues in a timely and accurate manner.
Daily interaction with vendor relationships such as credit bureaus,appraisers, etc.
Responsible for reviewing and addressing items involving loan product, credit, occupancy and employment verifications and order verbal verification of employment (VVOE) for pay-off accounts.

Education and Training

Bachelor of Arts, Economics2013University Of Buea － City

Resume Overview

School Attended

University Of Buea

Job Titles Held:

MORTGAGE UNDERWRITER
MORTGAGE LOAN PROCESSOR

Degrees

Bachelor of Arts , Economics 2013

MORTGAGE UNDERWRITER Resume Example

Resume Score: 80%

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