Senior Mortgage Underwriter resume example with 12+ years of experience
JessicaClaire
, , 609 Johnson Ave., 49204, Tulsa, OK100 Montgomery St. 10th Floor
H: (555) 432-1000
C:
resumesample@example.com
Date of Birth:
India:
:
single:
Summary
Detailed Senior Mortgage Underwriter offering 12-year background, well-versed in all types of loans and application processes. In-depth knowledge of income calculations, tax returns and credit reports. Analytical and flexible professional comfortable working in high stress environment while delivering excellent customer service. Consistently exceeds sales expectations.
Skills
Production Manager
Bottom Line LoanMaster Loan Servicing
Knowledge of VA/FHA/Conventional loan
Customer service-focused
Verbal & Written Communication skill
Data management
Mathematical
Organization
Loan Portfolio
Ensure Compliance
FHA/VA Guideline
Decision-making
Microsoft Office
Team Player
Experience
Senior Mortgage Underwriter, 2016 - Current Alaskausa Mortgage Company – Peoria, AZ,
Underwrites mortgage loan applications and evaluates loans in order to maximize organizational profit and minimize risk or loss.
Reevaluate loan conditions based on change of circumstance and loan officer requests, providing alternatives, workarounds, and income restructure when necessary.
Proficient in all products to include but not limited to FHA, VA, USDA, Bond Program products(VHDA and CDA), as well as Non QM jumbo products.
Developed relationships with broker and real estate community by providing frequent updates on loan status.
Communicated with all applicants and internal team members to discuss identified conditions needed for approval.
Determined loan completeness and accuracy by thoroughly analyzing credit documents, including mortgage applications, income documents, appraisals and property valuations.
Reviews multiple files per day to hit production goals while maintaining perfect loan quality with elite client service.
Develops and maintains an up to date and sound knowledge of multiple loan product guidelines offered by the company, DU/LP guidelines, risk-assessment tools used in decision mortgage loans.
Senior Portfolio Underwriter III, 2014 - 2016 SunTrust Banks, Inc – City, STATE,
Manual Portfolio Underwriter with $1,000,000 underwriting authority; specialized in high net worth clients, complex business & self-employed income.
Managed pipeline of 40+ loans monthly; over $40 million in client relationships, ensuring client/sales expectations are met.
Analyzed and evaluated incorporation documentation, corporate tax returns, profit, loss statements & corporate bank statements to insure ability of entities repayment.
Provided expert financial advice on business structure and income documentation to determine client’s eligibility for loan products.
Analyzed loan-to-value ratios, debt to income ratios and credit scores to make underwriting decisions.
Well-rounded and proficient with all mortgage lending guidelines to include; Portfolio, FHA, Conventional, and MI mortgage files;.
Served as committee Team Lead for Operational Advisory Group; led a team of three to effectively propose operational changes; improved underwriting turn time with implementation of system updates.
Supported Underwriting Production Manager with repurchase reconciliations for the organization; successfully evaded repurchase demands and keeping liquidity within the bank.
Senior Underwriter Manual/DE/DU/LP, 2012 - 2014 American Bank – City, STATE,
Underwrote 63+ residential mortgages monthly; ensured compliance with bank, agency, and secondary market standards.
Versatile underwriter; specialized in Manual Portfolio, FHA, FHA Manual, Non-Conforming, Conforming, complex New Construction and Commercial products.
Negotiated/renegotiated approvals and client eligibility; ensured all correct criteria are satisfied to clear/close loans. Effectively communicated with processors, closer, and post-closing to ensure smooth transition.
Provided prudent underwriting judgment by conducting an assessment; compared primary risk with contributory risk factors to render a preliminary credit decision; include all documents that support assessment in file.
Trained new hires on performance standards, internal overlays and technical computer functions.
Evaluated and cure suspense conditions that halted and/or threatened successful purchase by secondary investors.
Communicated with appropriate channels within organization to mitigate any loss of threat.
Handled Credit authority over $1,500,000.
Interacted with Quality Control, Compliance & Funding teams on problem resolution, risk evaluation and compliance.
Exercised good judgement and issues quality decisions; demonstrated proficiency in Automated Underwriting systems.
Regional Consumer Loan Underwriter, 2009 - 2012 East Cambridge Savings Bank – City, STATE,
Mitigated regulatory risks by evaluating risk and review credit worthiness in accordance Fannie/Freddie/HUD, Correspondent Lenders and Bank Portfolio Loan guidelines.
Managed bank wide consumer loan activities, communicating regularly with bank president, commercial loan officers, loan originators, processors and mortgage underwriters. Ensured all loans were in compliance and marketable.
Created a disclosure database as a compliance methodology to ensure branch productivity through training and creating bank wide standards for compliance.
Audited loan files quarterly; ensured quality control, bank compliance in GMI/CIP and updating LAR.
Calculate business gross income and compare YTD Profit and Loss statements with prior year corporate tax returns.
Utilized prudent income valuations to add back allowable business losses to determine stability of income.
Analyzed portfolio risks, including issues associated with underlying business practices and fraud exposure.
Reviewed final conditions and approved loans for closing.
Education and Training
Associate of Science: Business Administration, Expected in 2012 - Bay State College - Boston, MA, GPA:
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