MORTGAGE UNDERWRITER Resume Example Company Name

MORTGAGE UNDERWRITER

Summary

Dependable mortgage loan underwriter with over 4 years experience analyzing and evaluating residential loan applications in accordance with investor, agency and internal guidelines. Examines loan documentation for accuracy and completeness. Ensures loans meet eligibility requirements to mitigate risk or loss to the company. Provides outstanding levels of customer services through great communication and close attention to detail.

Skills

Experience DU/LP
Experience in FNMA and FHLMC Guidelines
Understanding of LTV and DTI ratios.
Proven organizational, prioritization and time management skills

Proven experience meeting deadlines, while producing error-free work
Strong analytical and auditing skills
Strong computer skills; proficient in Microsoft Word, Excel and Outlook
Proficient written and verbal communication skills

Experience

MORTGAGE UNDERWRITER03/2019 to 03/2021Company NameCity, State

Review all loan submissions submitted by production and origination staff and generate initial credit decision in accordance with FNMA and FHLMC guidelines as well as internal overlays.
Evaluate mortgage loan applications to determine eligibility, acceptability, and compliance with applicable state, federal and investor guidelines.
Analyze complex tax returns and accurately calculate income.
Identify key loan factors impacting borrower eligibility, property eligibility and credit qualification for complex or atypical financial profiles, collateral and loan structures.
Perform timely reviews of submitted conditions and loan resubmissions and complete credit decisions for complex loans assumed from colleagues.
Identify and summarize Exception loans for escalation to Team Lead and/or Underwriting Manager for business decision.
Input data and notes into the Encompass loan system.
Maintain quality and production standards as set forth by management.
Effectively communicate, orally, in writing, and via email, the decisions reached as to maintain positive working relationships with co-workers and retail production staff members.
Explain specific reasons for negative credit decisions and recommend possible solution

MORTGAGE UNDERWRITER02/2017 to 02/2019Company NameCity, State

Demonstrate knowledge of mortgage loan processing, compliance, investor products and underwriting guidelines.
Working knowledge of applicable federal, state and local laws, rules, and regulations in order to ensure compliance.
Thoroughly and accurately analyze all loan documents, which may include but not limited to AUS decision report, credit report, all sources of income including complex personal and business returns, assets, preliminary title report, appraisal, purchase agreement, escrow instructions, occupancy verification, red flags and fraud check.
Input data into DU/LP and run final AUS (if applicable).
Request supplemental information documentation as necessity dictates; Recognize risk factors that may compromise overall quality of loan file.
Implement and enforce fraud detection techniques.
Manage and adhere to mortgage insurance (MI) guidelines.
Revisit loans to review and clear conditions.
Aid in the resolution of any applicable pre-funding or post purchase loan deficiencies by assisting the post-closing department in curing any outstanding conditions or concerns.
Effectively communicate orally and/or electronically all loan decisions rendered on files in a professional and positive manner to maintain strong working relationships with co-workers, clients and vendors.

MORTGAGE LOAN PROCESSOR01/2015 to 01/2017Company NameCity, State

Receives new originated loans from loan officers and inputs application data into mortgage processing software.
Collects and deposits up-front fees from clients and customers.
Pre-underwrites files for assurance of accuracy, quality and compliance prior to submitting to underwriting.
Ensures all files meet the necessary federal and state regulations and rules to ensure compliance.
Verifies accuracy of all information provided by customers including credit and employment.
Communicates with clients, customers realtors, builders and various companies to obtain property survey, appraisal, flood certification, title commitment and insurance policy and all other necessary information to meet closing requirements.
Apprises customer and realtor of loan status.
Establishes a closing date, prepares loan closing sheet and submits file to loan closer.
Works closely with closing area to resolve any processing issues that may arise.
Provides professional and courteous service to clients, customers and employees. Skills:

Education and Training

Master of Arts: Criminal Justice12/2010University Of BueaCity, Nigeria

Resume Overview

School Attended

University Of Buea

Job Titles Held:

MORTGAGE UNDERWRITER
MORTGAGE LOAN PROCESSOR

Degrees

Master of Arts : Criminal Justice 12/2010

MORTGAGE UNDERWRITER Resume Example

Resume Score: 80%

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