Senior Loan Processor resume example

Provide support to loan officer and underwriter teams by ensuring the timely, judicious and accurate processing of mortgages.

Review and verify borrowers' income, credit reports, employment histories, property appraisals and title insurance information to prepare loan applications for underwriting submittal.

Ensure compliance with company policies, underwriting guidelines and lending-program requirements.

Achievement Highlights: Handling an average of 38 files monthly.

Outperformed company average in achieving an average of 100% on all customer satisfaction surveys Ensured all files were complete prior to underwriting hand-off and coordinated effectively with title companies to ensure smooth closings.

Successfully processed some of the most challenging loan applications (e.g., first-time borrowers, self- employed applicants and borrowers with problematic credit histories).

Working on all loan types; FHA, VA, Conventional, and USDA Purchase and Refinance team for VA, FHA, Conventional and USDA loans.

• Accounts Receivable Accounting Month End- ensuring all bills are coded properly to reflect moneys in the budgeted year Maintaining/ Managing all Employees ­ daily tasks to ensure property is being proactive with any resident concerns Maintaining Customer Service for 220 apartments and 412 Residents Managing all monthly and weekly reports for Asset Managers and Executive Staff Implementing actions to decrease delinquent accounts from $23,411 per month to $354.12 per month Marketing for property to increase customer traffic Planning all social events for staff and resident functions ­ keeping in budget and planning a callander year or events based on exposure needed to the property Answering phone calls and touring new prospects looking for apartment rentals Establishing a relationship with outside companies working throughout the area to cross market as well as bring in business for corporate apartments Marinating all corporate apartment rentals, cleaning, and set-up between guests.

• Assist on training brokers how to submit full loan packages Review and sign off all incoming PTD conditions; ask for underwriter feedback when necessary Update loan approval sheets and communicate updates to the broker and the account executive via fax email or phone Answering questions regarding conditions and status or loan approvals Actively manage AE's pipeline including following up on loans lock and not received, approved files that are not moving towards docs, following up on suspended files, and communicate to the appropriate person of any files that should be canceled or withdrawn Market support at AE's request to include daily e-mails on market conditions, special products, flyers and turn times Prep files for doc department verify fees and making sure all information is correct Update and train on Automated underwriting systems Copying and shipping files to investors that need to go out for prior approval Meeting with Management teams to insure customer service for all clients.

• Project lead for 8 Account Executives for high priority clients.
• In conjunction with Brokers, screened, monitored and organized client deliverables for loan completion.
• Organized and prepared final loan paperwork.
• Approved final loan paperwork for submission up to and including generating all client paperwork coordination.
• Training for all new employees for Registration Department.
• Screened, monitored and organized client deliverables for loan completion.
• Collected and evaluated potential loan options for internal usage to determine most cost effective solution.

• Working on loans beginning to end ­ validating and verifying loan application information; comparing application information to systems input Updating the 1008 and 1003's in the system when credit reports came in to make sure all of the figures on the paperwork were correct Calculate and analyze income structure (i.e.
• employment, tax returns, divorce decree, alimony, verification of deposits, gift money, IRA, 401(k), sale of assets), HUD statements, and reserves), review and verify credit report (i.e.
• FICO, pay history, validate other debts) and other mortgage/real estate owned (i.e.
• disposition of property, rental income).
• Review loan application package for completeness and accuracy; reconcile application information against system input, comparing/confirming individual data; verify and validate supporting income, asset, and liability documentation to ensure the validity of the AUS approved decision: Ordering Title and escrow documentation and reviewing all of the paperwork when the reports were complete and going over information with the loan officer Ordering appraisal ­ making sure when the appraisal came in that it was sufficient to send to the investor Ordering Credit reports Following up with the investors regarding any of the pending conditions for the loan to be funded.