Mortgage underwriter with over 5 years of experience in the mortgage field, my strong points include but not limited to risk assessment, income/credit analysis, mortgage fraud detection, mortgage maths, detail appraisal and documentation review. Consistently hailed timely and accurate completion of compliant loan packages facilitating volume growth while preserving loan/business quality. I am a great communicator, a people person, tolerant and i have held leadership positions in the past and currently demonstrate acceptable customer service abilities.
Comprehensive knowledge of underwriting guidelines and restrictions for conventional loan programs. A great team player work collaboratively with team members to drive deals to successful funding and close. I have a good handle on meeting deadlines whilst maintaining the quality of product and overall business.
Skills
Ability to evaluate Automated underwriting system's findings, report and research program guidelines to ensure loan scenario is acceptable
Proven analytical and organizational skills and demonstrated ability to prioritize and multitask
Ability to identify adverse credit events and determine acceptable seasoning and rebuilding of credit to determine risk level
Ability to calculate all income types including wage earner, fixed income, rental, and self-employment.
Demonstrated high speed performance in mortgage math, including but not limited to income calculations, LTVs/DTI ratios and cashflow analysis
Ability to evaluate depository, investment, and retirement assets for cash to close and reserves.
Proficiency in Encompass, knowledgeable in Empower
Ability to review appraisal reports and forms to determine whether the market value and subject property condition is acceptable.
Proven ability to analyze credit reports, income documentation and court documents to determine borrower eligibility, repayment ability, housing expenses, potential fraud and determine proper loan resolution
Issue final, informed, risk based decisions based on AUS findings, Due diligence and mastery of FANNIE MAE's DU and FREDDIE MAC's LP
Ability to verify data integrity across loan origination systems and automated underwriting systems.
Education and Training
University of DschangDschang Cameroon, Expected in 07/2013 – –Bachelor of Science:Business Management - GPA:
Experience
First Entertainment Credit Union - Mortgage Underwriter Culver City, CA, 05/2019 - Current
Reviewing loan agreements to verify completeness and accuracy according to applicable policies.
Validating AUS findings and performing Due Diligence on loan file documentation including borrower's capacity, credit, income/employment posture, verifiable assets and detail review of appraisals
Analyzing credit reports, income documentation and court documents to determine borrower eligibility
Performing income calculations for hourly and salaried w-2 wage earners to determine qualifying income eligibility
Reviewing self-employed, corporate and partnership tax returns, profit, and loss, as well as financial statements to ascertain borrowers' income
Conditioning for additional documentations, written verifications and letters of explanations in applicable cases
Determining LTVs DTIs to ensure the loan is an acceptable risk
Examine loan documentation including reviewing appraisals, credit reports, title reports, and income documentation for accuracy, completeness, conformity, compliance to support decisions in line with company and investor guidelines
Integrating Due Diligence underwriting and proper mastery of product/program guidelines and updated government regulations to improve and maintain quality and consistency of loan underwriting.
Performed loan underwriting using proprietary research tools, credit reports, and automated underwriting systems, validating automated findings and conditioning for credit reports/supplements and verification documentation
Issuing risk based decisions based on a deep risk analysis, assessments and risk mitigation using compensating factors where applicable.
Using automated systems to determine fraud and escalating fraudulent cases to hierarchy
Demonstrate proficiency in automated underwriting systems (DU, LP).
First Entertainment Credit Union - Mortgage Underwriter Hollywood, CA, 05/2018 - 05/2019
Reviewed loan agreements to verify completeness and accuracy according to applicable policies.
Reviewed that documentation was adequate to ensure collateral security, and sufficient to maintain the loan portfolio s quality and profitability
Analyzed credit reports, income information, and especially appraisals to support a credit decision conforming to Company and investor guidelines
Examined loan documentation that included reviewing appraisals, credit reports, title reports, and income documentation for accuracy,completeness, conformity and compliance.
Performed loan underwriting using proprietary research tools, credit reports, and automated underwriting systems.
Performed due diligence in underwriting borrower's capacity, credit reports and supplements, asset statements and subject property documentation to approve/decline loans
Conducted overall risk assessments to determine the overall risk posture of the loan on the lender and do due diligence carrying out risk mitigation where applicable.
Worked successfully with diverse group of coworkers to accomplish goals and address issues related to our products and services.
Worked closely with team members to deliver project requirements, develop solutions and meet deadlines.
Prioritized and organized tasks to efficiently accomplish service goals.
Juggled multiple projects and tasks to ensure high quality and timely delivery.
First Federal Savings And Loan - Junior Mortgage Underwriter WA, State, 07/2016 - 05/2018
Conducted comprehensive analysis and evaluated risk to control underwriting loss.
Determined level of acceptable risk by reviewing applications for coverage and loss control reports.
Analyzed loan-to-value ratios, debt to income ratios and credit scores to make underwriting decisions under supervision and review of underwriter
Analyzed portfolio risks, including issues associated with underlying business practices and fraud exposure.
Achieved production goals by developing strong underwriting teams.
Evaluated debt ratio, loan-to-value ratios, credit scores, property valuations and various other factors when making underwriting decisions.
Performed detailed appraisal reviews and fraud detection analysis to prevent bad loan decisions.
Controlled loss by assessing risk, conducting system analysis, and recommending policy solutions
Promoted to full underwriter within 8 months.
Worked with colleagues to review, accept or deny new and renewal business.
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