Senior Underwriter Resume Example

• Analyzed credit, income, compliance, title documents and appraisals during underwriting process.
• Determined and documented loan conditions and communicated requirements and decisions.
• Ability to function in a fast-paced ever-changing environment.
• Review re-verified loan documentation and post-closing servicing documentation, for evidence of misrepresentation in the original loan submission.
• Review previously underwritten loan files to determine compliance with lender credit underwriting guidelines and representations and warranties, and to ensure an investment quality loan product.
• Accurately and efficiently maintain a pipeline of loan file audit/review inventory, meet production requirements, and communicate status to management.
• Compile findings into a summarized report with attending exhibits.
• If needed, research and analyze data to assist management in identifying trends and anomalies which can be used by our clients to achieve their goals.

• Reviewed applications for insurance coverage and reports from loss control specialists to determine risks.
• Controlled loss by assessing risk, conducting system analysis and recommending policy solutions.
• Determined and documented loan conditions and communicated requirements and decisions.
• Followed through with borrowers, loan processors, loan originators and managed all phases of underwriting process.
• Modify the loan for the entire tenure by changing the interest rate and monthly mortgage payments. Met the investor, Servicer and mortgage insurer guideline with great accuracy and efficiency. Analyze loan history, assets attributes and investor guidelines to find if the modification appropriate.
• Balanced the need for loan-volume growth with the equally important necessity of optimum underwriting quality to minimize risk while maximizing profitability.
• Accurately and efficiently maintain a pipeline of loan file audit/review inventory, meet production requirements, and communicate status to management.
• Leveraged knowledge of loan products to help structure turned-down loans for subsequent approvals. Maintained compliance with lending, underwriting and government requirements.
• Consistently met or surpassed establishing quotas throughout tenure by leveraging impeccable organizational skills to effectively manage more than 10 files a day.
• Evaluated and conducted comprehensive audits of financial records, operating procedures, and internal controls related to accounting for mortgage securities, loans, commitments, amortization debt, derivatives, and liquid investment portfolios.

• Evaluated debt ratio, loan-to-value ratios, credit scores property valuations and various other factors when making underwriting decisions.
• Identified portfolio risks resulting from client's underlying business practices, underwriting investigations or fraud exposure.
• Responded to customer requests via telephone and email and effectively answered questions and inquiries.
• Reviewed applications for insurance coverage and reports from loss control specialists to determine risks.
• Verified data integrity and accuracy.
• Copied, logged and scanned supporting documentation and placed all information in client files.
• Controlled loss by assessing risk, conducting system analysis and recommending policy solutions.

• Prepared the file by reviewing loan application, disclosing the loan and obtaining 3rd party service provider documentation.

• Reviewed loan approvals and addressed all conditions required for underwriting and closing.

• Prepared and submitted timely and accurate loan files to the closing department.

• Assessed the credit standings of applicants through background research.

• Verified data integrity and accuracy.

• Finalized loan contracts and kept clients on rules and obligations.

• Identified customer needs, explored all options and suggested different types of loans.