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Candidate Info
years in workforce
years at this job
Finance And Business Management
Consumer Loan Underwriter II
Responsible for evaluating income for Home Equity loans and lines up to $500,000
- Participated in multiple projects to pilot new and improved processes within the Home Equity Group
- Advanced cash-flow analysis of Individuals, S-Corps, C-Corps, Partnerships, Rental Properties, and Trusts
- Maintained 100% quality in 2014 year to date and above 98% in 2013 while exceeding 100% in production standards among peers
- Received Superior Achievement Award in 4th quarter of 2013
Candidate Info
years in workforce
years at this job
Health Psychology / Pre-med And Minor
Consumer Loan Underwriter III
Acted as a Conventional and DE Mortgage Underwriter on a top performing team.
- Recruited to join a brand new Underwriting Center in South Florida
- Assisted team members as a Subject Matter Expert for CORE operating system, a proprietary paperless system that is known to be the most complex in the Industry
- Achieved 100% quality with no audit findings from Quality Control
- Served as the Community Service Campaign Coordinator for United Way Fundraising and arranged other Volunteer opportunities for the Office
- Office is in the process of being closed as part of large Wells Fargo layoff
Candidate Info
years in workforce
years at this job
Finance
End Loan Underwriter, Level 3a
Independently managed a pipeline of 50+ loans.
- Ensured compliance amidst continuously changing underwriting
- Maintained loan defect rate of less than 1%.
- Achieved sign off authority for Fannie Mae conforming loans as well as non-conforming jumbo loans.
- Collaborated with Loan Processor teams to effectively communicate
- Assisted in the training of junior underwriters.
Candidate Info
years in workforce
years at this job
Business
Mortgage Loan Underwriter
Was responsible for the timely review and disposition of conforming mortgage loan applications. Worked within company guidelines to make calculations for qualifying and administered decisions using proprietary Wells Fargo loan origination systems. Responsibilities included maintaining a working knowledge of all conventional conforming and HARP loan origination guidelines.
- Stayed in the highest tier of customer loyalty scores by maintaining top-notch turn times
- Consistently met or exceeded company requirements relating to quality audits
- Improved department efficiency by developing spreadsheets that managed all aspects of the loan review and limited data validation errors
Candidate Info
years in workforce
years at this job
Economics
Loan Underwriter
- Underwrote and processed more than 350 mortgages and other secured loans for a private bank, which resulted in lending over $400 million
- Specialized in underwriting jumbo mortgages of up to $10 million for high net worth and complex clients
- Evaluated financial strength of individuals and businesses by analyzing financial statements and other credit documents
- Prepared detailed reports to present analysis of client creditworthiness to the Bank’s credit committee
- Effectively managed pipeline of over 60 loans to meet strict deadlines while personally guiding clients through the underwriting process and providing recommendations to Relationship Managers
- Selected as the only employee on the East Coast with authority to underwrite confidential loans for co-workers
- Trained new and current employees on a weekly basis
Candidate Info
years in workforce
years at this job
Bachelor of Science
Master of Arts
Consumer Loan Underwriter II
Advanced income analysis including experience in reviewing Self-employment, Corporate, and Partnerships tax returns.
- Leveraged strong interpersonal skills to successfully build and maintain professional relationships with clients, customers, and co-workers.
- Developed reputation among peers as SME for team on policy and procedures.
- Known among colleagues for high degree of attention to detail and for communication skills.
- Condensed all spreadsheets related to conditioning into one and provided it to colleagues.
Candidate Info
years in workforce
year at this job
Consumer Loan Underwriter III
Reviewed, analyzed and approved large, complex consumer requests and products in a fast-paced and high volume environment by evaluating the layering of risk within company and industry guidelines.
- Maintained multiple levels of authority in aggregate of $750,000.
- Achieved the highest levels of 100% CMP quality reviews.
- Subject matter expert on compliant customer notes and trained coworkers.
- Top quality score award second quarter 2013.
- Lending authority obtained prior to time allowed.
- SAFE Certified.
Candidate Info
years in workforce
years at this job
Business Administration
CONSUMER LOAN UNDERWRITER III - Private Mortgage Banking
Performed credit, income, asset analysis on Conventional Conforming and High Balance loan files submitted within time frame established by department management
- Reviewed and ensured documentations were consistent and upheld to company and industry guidelines
- Performed in-depth analysis of personal income tax and business tax returns on self-employed borrowers and multiple financed investment properties
- Provided customer service to internal staff and bankers by explaining credit decisions, and offering alternative options when needed to complete approvals
- Processed Agency/Investor exception requests as needed to ensure a sellable loan package
- Received QC Award for achieving 100% quality reviewer
- Worked collaboratively with Lending Officer and Bankers on loan approvals while maintained quality and production standards as defined by business
Candidate Info
years in workforce
years at this job
Business Administration
CONSUMER LOAN UNDERWRITER III - Private Mortgage Banking
Performed credit, income, asset analysis on Conventional Conforming and High Balance loan files submitted within time frame established by department management
- Reviewed and ensured documentations were consistent and upheld to company and industry guidelines
- Performed in-depth analysis of personal income tax and business tax returns on self-employed borrowers and multiple financed investment properties
- Provided customer service to internal staff and bankers by explaining credit decisions, and offering alternative options when needed to complete approvals
- Processed Agency/Investor exception requests as needed to ensure a sellable loan package
- Received QC Award for achieving 100% quality reviewer
- Worked collaboratively with Lending Officer and Bankers on loan approvals while maintained quality and production standards as defined by business
Candidate Info
years in workforce
years at this job
Associate of Arts
Business Administration
Consumer Loan Underwriter II
Reviewed financial statements, credit reports and applicable qualifying ratios (i.e. Debt Ratios, Loan to value)
- Examined transactions and applications to ensure accuracy and completeness
- Verified documents are consistent and uphold the company and investor guidelines
- Completed second level reviews and sign offs for 1c underwriters with complex income reviews
- Accomplished a 98% acceptable rating in audited files since being hired in March, 2012
- Obtained 3c authority within first year of being hired due to high production, quality and customer loyalty scores
- Measured risks and manually underwrote mortgage applications to ensure quality decisions for my employer
- Analyzed appraisals to ensure file accuracy and verify property details
Candidate Info
years in workforce
years at this job
Business / Accounting
Accounting/finance
Private Loan Underwriter III, Bank Officer
Credit Underwriter in The Private Bank Group. This involves the complete preparation of Credit Approval Reports for credit approval on high net worth individuals in the Private Bank; other portfolio management related issues; and Real Estate Reviews. Also includes the assurance that credit proposals adhere to established guidelines, are of good quality, approvals are timely, and financial information is accurately analyzed and properly documented. The group is especially involved in Commercial Real Estate Lending such as retail shopping centers and office buildings, averaging $5mm to $10mm in loan size. Demonstrated communications and negotiation skills by coordinating the loan structure, terms, and conditions with the Private Bankers and the respective clients.
- Prepared and organized Quarterly Risk Management Meeting materials for Senior Management to discuss criticized/work out credits.
- Improved the monitoring process by implementing proactive processes in the collection of financial information, which greatly reduced the tickler exception report. Ensured timely, accurate, preparation and submission of periodic risk management reports to Credit Administration. Managed overdrafts and delinquent accounts. Maintained delinquency average of .8% or less.
- Received many Best Shot and Team Shot Awards (25) for service excellence as an individual as well as team performance. Demonstrated leadership skills by providing assistance, and mentoring to other newly hired Credit Underwriters in the department, as well as assistance to the Private Bankers and Assistants.
- Participated in business development activities by identifying cross-sell opportunities in client group, and in client calling initiatives with the Private Banker and/or as the lead on assigned clients.
Candidate Info
years in workforce
years at this job
Communication
Consumer Loan Underwriter II
Responsible for reviewing, analyzing, underwriting, approving and declining, credit requests for high risk and portfolio mortgage products. Maintain relationships with sales partners, closers and administrative staff to maximize efficiency within the company.
- Received service excellence award twice in six months.
- Exceeded company requirements for productivity and quality 90% of the time.
- Served as site specialist for reviewing homeowners and flood insurance policies.
- Review of appraisals for errors or omissions
Candidate Info
years in workforce
years at this job
Financial Management
Senior Consumer Loan Underwriter
Graduated from the [company name] leadership program after being selected by management.
- Led numerous fundraising events while participating in the leadership program. Planned and executed the consumer lending group's United Way campaign, A Brush With Kindness, and Feed my Starving Children.
- Presented in front of senior management including [company name]'s chief credit officer, head of consumer lending and other chairmen of the bank
- Responsible for training, coaching and providing feedback for new hires.
- Lead credit workshops for branch management via conference calls to assist in the training and education of bankers and branch management.
- Main point of contact with branch partners when underwriting complex or difficult loans
- Review and analyze loan applications to approve or deny requests.
- Responsible for maintaining service levels by working deals quickly and efficiently. Worked 120% of assigned goals this quarter.
- Provide quality underwriting on all applications reviewed. Achieved a 97% quality review for this quarter.
- Currently have a $120 million portfolio with .01% delinquency.
Candidate Info
years in workforce
months at this job
Education
Loan Underwriter II
Underwriting approval authority to $500,000 for 1-4 family Sub-Prime loans.
- Reviewed and analyzed credit report, appraisal, title and other supporting loan documents to determine final underwriting decision.
- Provided 24-hour turnaround on an average of 6 to10 new loan submissions per day.
- Cleared all underwriting stipulations to expedite loan fundings.
Candidate Info
years in workforce
year at this job
Arts
Healthcare Administration
Consumer Loan Underwriter
Responsible for underwriting residential mortgage loan requests to determine if the request adheres with applicable requirements and guidelines held by our company and investors, as well as all meets federal regulatory guidelines.
- Reviewed and verified all documentation associated with mortgage originations including but not limited to: income, asset, credit, appraisal and title information, for accuracy and any possible misrepresentation, omissions or red flags.
- Effectively communicated required conditions to the branch/division and assists where possible to expedite final approval of each file.
- Prepared formal reports to summarize findings and explain the rationale behind each decision to ensure each is conclusive, supported, and contains a recommendation of action.
- Responded to individual or investor audits and meet required productivity with a high level of accuracy.
- Knowledge of Federal and State underwriting compliance guidelines.
Candidate Info
years in workforce
years at this job
Economics
Loan Underwriter II
Underwrote mortgage loan transactions submitted through Aurora and Fannie Mae's automated systems within a 24 hour timeframe. Reviewed all submitted loan conditions, including appraisals and title work, within 48 hours.
- Performed loan file review of all borrower and transaction information
- Ensured data accuracy of all information in the system of record
- Analyzed credit report related information and confirm accuracy.
- Confirmed accuracy of Findings Report information
- Analyzed Findings Report messages and conditions for proper routing of the transaction
- For Decision Finder, Automated Underwriting and LP approved transactions, analyze transactional areas of the file to include appraisal, title, fraud detection and purchase contract to ensure conformity with Aurora's guidelines
- Took specific courses in appraisal review including appraisal red flags and market analysis- applied skill set to desk reviews and second level reviews
Candidate Info
years in workforce
years at this job
Business Administration
Consumer Loan Underwriter
- Analyzed and interpreted financial documents (consumer credit reports, income documentation, consumer and business tax returns, etc.) to determine risk associated with a potential customer
- Made decision on mortgage applications based on analysis of application and documentation
- Ensured loans were decisioned with adherence to all applicable guidelines
- Successfully partnered with distributed sales team as a liaison for communicating complex mortgage terms
- Assisted in educating centralized processing team in technical data and mortgage information
Candidate Info
years in workforce
years at this job
Finance And Human Resources
Spanish
Spanish
Consumer Loan Underwriter
- Evaluate, approve, and underwrite complex conventional loans while adhering to company and industry guidelines.
- Analyze risks and offsets by developing solutions for risks and complex problems; ensure loan quality through data integrity and risk management.
- Perform second level review for loans recommended for denial; assist with re-negotiations of loans based on lending guidelines.
- Act as a team lead for assigned underwriting and processing teams to provide training support on operations, procedures, and policies.
- Successfully manage and underwrite a pipeline of 90 units while providing 95% quality assurance.
- Achieved outstanding underwriting results and consistently receive top performer quarterly reviews.
Candidate Info
years in workforce
years at this job
Mathematics
Consumer Loan Underwriter
Managed HIGH RISK property products; manufactured home, rural, non-conforming and unique property as well as conventional conforming loans, HARP, multifamily and PUD appraisals
- Analyzed credit and risk for underwriting and lending policies and procedures
- Reviewed appraisal to ensure compliance with FNMA, FHMC and Wells Fargo Guidelines
- Initiated requests for supporting documents in accordance with appraisal requirements
- Approved complex decisions related to collateral for consumer mortgage loans
- Provided work direction, feedback and training to underwriting staff including coaching lower level underwriters on underwriting decisions and policies
- Handled calls from Home Loan Processor and Home Mortgage Consultants regarding underwriting decisions.
Candidate Info
years in workforce
months at this job
Finance
Consumer Loan Underwriter
- Received lender’s authority qualifying my ability to underwrite conventional and HARP loans (Freddie Mac, Fannie Mae, DU)
- Responsible for approving salable loans to the investor with the maximum funding of $417,000
- Completed review of the borrower’s credit, asset statements, layered risk, and income for qualification of a home loan.
- Negotiated terms and conditions for loan decisions with home mortgage consultants and home loan processors within the established guidelines; leveraged risk versus reward to ensure credit quality and profitability.
Candidate Info
years in workforce
years at this job
High School Diploma
Home Loan Underwriter I
Analyze credit applications, credit bureau information, tax returns, financial statements and other supporting documentation to recommend approval or denial, according to Wells Fargo and FNMA/FHLMC guidelines, for the Home Affordable Refinance Program
- Work with home loan processors and home mortgage consultants to ensure all documents are accurate, complete and compliant
- An average of 93.36% quality over the past 6 months
- Customer loyalty captain
- Contributed in overtime as needed
Candidate Info
years in workforce
year at this job
Consumer Loan Underwriter
Process purchase and refinance files according to Government/Conventional FHA/VA/FHMLC/FNMA/Private) guidelines.
- Analyzed financial and credit documents to determine eligibility.
- Maintained frequent communication with various divisions of mortgage to effectively complete underwriting tasks.
- Effectively managed caseloads and deadline standards to maintain efficient compliance.
Candidate Info
years in workforce
months at this job
Consumer Loan Underwriter
Reviewed, analyzed and approved large and complex mortgage loans
- Provided work direction training and/or guidance to underwriters and processors.
- Contacted borrowers to gather additional information or to offer alternatives.
- Reviewed financial statements, credit reports, ratios, evaluated, examined transactions to ensure accuracy and completeness.
- Ensured documents were consistent.
- Implemented fraud detection techniques, performed compliance reviews.
- Assisted with re-negotiations of loans based on lending guidelines
- Explained rationale behind credit decision.
Candidate Info
years in workforce
year at this job
Consumer Loan Underwriter II
Achieved Level 3C Underwriting authority in LIS system, Level 2 in CORE system and HARP authority.
- Underwrote Conventional, rate & term refinances, cash out refinances, HARP Fannie Mae Refi PLUS refinances and Freddie Mac Relief Refi Mortgages.
- Earned a Certificate of Excellence for 100% quality scores for 6 months in a row.
- Knowledgeable in LIS system and CORE (proprietary system).
Candidate Info
years in workforce
years at this job
Consumer Loan Underwriter I / Mortgage Loan Doc Specialist III
Completed introductory calls to borrowers to verify loan details and request additional information and documents.
- Reviewed documents from borrowers and others verifying accuracy of information retrieved.
- Set customer expectations for closing loan timeframe.
- Communicated with insurance and title vendors as well as homeowners associations to verify proper mortgage coverage for borrowers.
- Managed a pipeline of loans within performance standards and closing and rate lock expiration time frames.
- Completed all pre-closing responsibilities and prepares loan files for closing team within required performance standards.
- Submitted loans to underwriters for conditional review and full approval upon satisfying conditions specified by underwriting review team.
- Exceeded high level of customer expectation and satisfaction.
Candidate Info
years in workforce
years at this job
Consumer Loan Underwriter
Comprehensive knowledge of underwriting guidelines and restrictions for conventional and government-insured loan programs for conforming mortgages. Work collaboratively with processors and sales representatives to ensure successful funding and close.
- Specialize in conventional, DU and HARP mortgage loans, ensuring that the compliance of company and investor guidelines were met
- Proven ability to handle extremely high volume of loans while maintaining exceptional quality and delivery of the product
- Demonstrated excellent follow-through with borrowers, LDS, HMC's and management throughout all phases of the underwriting process ensuring guidelines and timeframes are met
- Utilized knowledge of loan products to help restructure declined loans for subsequent approvals with a counteroffer, all while maintaining compliance within lending, underwriting and investor requirements
- Consistently achieved top-tier bonus for production, quality, and loyalty
Candidate Info
years in workforce
years at this job
Consumer Loan Underwriter 2
- Reviewed, analyzed, approved and underwrote consumer mortgage loan request within company and industry guidelines
- Evaluated and ensured overall, that loan documents were accurate, complete, and compliant
- Reviewed financial statements, credit reports, applicable ratios and other documentation
- Contacted customers and associates to gather information to make appropriate decisions
Candidate Info
years in workforce
years at this job
Consumer Loan Underwriter II
Daily reviews of pipeline to ensure that purchase and refinance loans are worked according to its order.
- Analyzes credit and asset documents to confirm they meet the requirements of Fannie Mae and Freddie Mac guidelines, DU and DU overlays.
- Analyze challenging loan packages to render sound credit decisions.
- Underwriting authority limit of $417,000.
- Active communication with processing and sales department to ensure smooth loan transactions.
- Loan conditions are reviewed and updated in a timely manner.
- Great analytical, organizational and communication skills.
Candidate Info
years in workforce
years at this job
Consumer Loan Underwriter II
Analyze customers' income and credit worthiness to evaluate risk and strengths of each
loan submitted.
- Communicate with Loan Officers and Processors to discuss questions or problems.
- Provide pipeline status reports to management.
- Ensured loans met conventional eligibility requirements for salability in the secondary
- All files reviewed by the Quality Inspection Department have been cleared without inaccuracies.
Candidate Info
years in workforce
years at this job
Bachelor of Arts
Consumer Loan Underwriter and Bank Officer
Effectively analyzed and processed consumer real estate loans from application to final decision.
- Excellent report with lenders providing uncompromising customer service.
- Worked in close harmony with my team members in an atmosphere of mutual respect.
- Proficient in the analysis of credit reports, income verification (including tax returns) and calculating debt to income ratios to make educated loan decisions.
- Reviewed appraisals, title opinions, sales contracts, fraud reviews and deeds to effectively underwrite real estate loans
- Received the Title of Bank Officer as a result of my customer service skills
Candidate Info
years in workforce
years at this job
Retail Loan Underwriter
- Provide sound risk management principles; demonstrates strong analytical skills and sound underwriting judgment utilizing all available resources (credit bureau trade lines, derogatory credit, DTI Ratio, unsecured utilization and other company set guidelines).
- Ensure compliance with underwriting policies to maintain a quality level of 98% or above per month.
- Build and strengthen rapport with dealer body/clients by effectively communicating credit decisions and providing prompt dealer/client service.
- Actively participate in risk/opportunity meetings; elevate risk issues, stay abreast of constant changes in policy and procedures.
- Recipient of four consecutive MVP awards while maintaining high quality production levels of an average of 80 loan decisions per shift.
Candidate Info
years in workforce
years at this job
Mortgage Loan Underwriter
Maintain exceptional service and communication with manufactured home dealers, potential applicants, and current customers.
- Responsibilities include thorough review of indirect home and land mortgage applications and credit analysis for the purpose of determining the applicant's strength, credit worthiness, and payment history.
- Verify that all credit, employment, and personal information is accurate and complete on each application.
- Calculate and confirm the loan applicant's income, debt ratios, loan amounts, interest, terms and payments to determine the financial stability of each applicant and their ability to re-pay the requested loan.
- Structure and/or modify each loan request in order to determine the best type of loan program for each potential borrower based on each individual's qualifications.
- Review and approve requested loan conditions and documents submitted by applicants and dealers.
- Established and maintained a solid relationship with dealers, lenders and investors with excellent customer service.
Candidate Info
years in workforce
years at this job
Consumer Loan Underwriter
Evaluating conforming loans for credit, capacity, collateral for portfolio products to ensure loan has been underwritten to product specification and company guidelines.
- Level 3A in CORE (paperless files) and 4C in LIS (paper files) systems.
- Reviewing complex financial statements and asset statements.
- Mentoring new staff members on conforming specific guidelines as needed.
- Exceeding in a high volume environment and meeting daily production requirements.
- Advanced computer user familiar with all underwriting systems and Microsoft software
Candidate Info
years in workforce
years at this job
Bachelor of Business Administration
Insurance Of America Sales School
NATIONAL DECISIONING SUPPORT -consumer LOAN UNDERWRITER 4
Front line underwriter in fulfillment site. Certified to underwrite conforming, VA and FHA loans. Sign off authority $1.3 MILLION. Perform 2nd level reviews and structure support to our loan originators on a daily basis
- Perform forensic review on loans for FNMA; generate repurchase letters based on findings of deficiencies
- Apply manual practices and DU/LP
- Review exception loan requests, second level reviews for loans being recommended for denial, and overflow front line underwriting. Present exception loan requests to escalation committee on a weekly basis.
- Fully trained to underwrite utilizing multiple platforms including LIS, LPS, Lexis/Nexis, OPS, OPUS, Eimage, CPI and ResDirect.
- Support sales and fulfillment sites for deal structuring, program guideline clarification, and systems and pricing support as it pertains to HARP refinance transactions.
- Responsible for completing complex appraisal/property reviews, self employed/personal and business tax return analysis, rental income analysis, credit report review, condo project acceptability, title transfers, and trust reviews to ensure conformity to Fannie Mae and Freddie Mac investor requirements.
Candidate Info
years in workforce
year at this job
Criminal Justice
Consumer Loan Underwriter Auto Finance
Review and approve consumer loan applications within company approved guidelines.
- Performed thorough review to ensure accuracy and completeness.
- Negotiated with branch stores to ensure our customer was given appropriate loan products that will benefit the customer and our best interests.
- Used selling techniques to overcome customer objections.
Candidate Info
years in workforce
year at this job
Marketing
Consumer Loan Underwriter III
Highest Conventional Authority level in department
- Trained Core trainers and existing staff on new pricing decision engine
- Provided training on complex personal and business tax returns, K1's
- No material findings within the last 12 months
- Approached by Management regarding a Lending Manager position
- Worked with Lending Managers to help improve QIS audit results
- Worked on process to improve 1084 income calculation tool
Candidate Info
years in workforce
years at this job
Interdepartmental Studies, Business
Consumer Loan Underwriter I
Manage a portfolio of home equity applications throughout multiple stages of the underwriting process.
- Review credit bureau reports, title documents and appraisal products to assure compliance and eligibility.
- Responsible for timely and accurate credit risk analysis of applications within $150,000 lending authority.
- Effectively document and communicate decision and reasoning with mortgage consultants, home equity specialists and customers via phone, email and system notation.
- Implement company policy and determine applicability for various home equity products.
- Elected to loan and condo team on account of knowledge and accuracy while underwriting complex applications.
- Maintain a current knowledge of real estate consumer lending standards and interpret government regulations.
Candidate Info
years in workforce
year at this job
Consumer Loan Underwriter I
Underwrote home equity line of credit applications with quality while being empathetic to the applicants needs.
- Consistently, approached supervisor and training team, for constructive criticism on how to underwrite loans more effectively and to gain a greater understanding of the underwriting theory.
- Reached out to team leads for assistance and guidance in resolving unfamiliar underwriting situations.
- Maintained appropriate performance quotas.
- Engaged team member who spoke openly with management.
- Volunteered to be a team representative for both the Customer Experience Committee and the Diversity Council Committee.
Candidate Info
years in workforce
year at this job
Financial Management
Consumer Loan Underwriter II
VA Delegation of Authority: Level C
- Evaluated loans for home preservation retention options.
- Maintained a high level of production and maintained high quality standards.
- Assisted in training new hires and act as a SME for peers with procedural questions.
- Handled delegated managerial responsibilities as a team lead.
Candidate Info
years in workforce
years at this job
Business Studies
Consumer Loan Underwriter II
Analyze employment profile, credit strength, property characteristics, and all other information pertinent to the credit decision process on each mortgage
- Review Appraisals to determine strength and value of each property
- Request applicable documents needed to the approve loan
- Guide Loan Processors and Loan Officers through the process with explanations as to why certain documents are needed and changes to the terms of the loan
- Adhere to all investor/government guidelines within HARP, Conventional, and VA products
- Liaison with private bankers to serve high value customers with utmost respect and service
- One of only four fraud underwriters highly trained to evaluate probability of fraud on risk applications, as well as attention to detail to determine applications needing an extensive look
Candidate Info
years in workforce
months at this job
Consumer Loan Underwriter III
Hired as Underwriter III, per exceptional experience and qualifications. FHA and VA, Jumbo Loans, investor guidelines matrix requirements and lending experience.
- First of hiring class to acquire underwriting authority.
- Analyze income, assets, credit, capacity, property, guidelines; adhere to laws for mortgage lending.
- Advanced tax analysis, business and corporate returns.
- Met with department leads & managers on a weekly basis to ensure performance.
Candidate Info
years in workforce
years at this job
Organizational Management And Leadership
Master of Arts
Consumer Loan Underwriter
Analyzes information received from credit applications and credit reporting agencies to make prudent credit decisions for auto loans
- Negotiates terms and conditions of loan decisions with dealers to ensure credit quality and profitability
- Conducts customer interviews and investigations on non-prime credit applications
- Monitors dealer productivity and establishes dealer relationships by building rapport through telephone and field calls
- Develops and analyzes credit goals and communicates strategies to dealers to accomplish said goals
- Coordinates with Ops Department to examine and evaluate proper documentation for funding
- Coordinates with Collections Department to resolve dealer collection issues
Candidate Info
years in workforce
year at this job
Business Administration
Mortgage Loan Underwriter
Responsible for rendering decisions on credit applications for First Mortgage loans based on established criteria.
- Determines creditworthiness and risk associated with borrower based on credit profile.
- Communicate decisions that most effectively mitigate credit risks for the company including data integrity and validity of information submitted.
- Applies understanding of established guidelines, Fair Lending and all other regulatory requirements when evaluating loan attributes while utilizing prudent underwriting judgment and experience.
- Managing a pipeline of 50-70 loans; decision 5-10 loans daily.
Candidate Info
years in workforce
years at this job
Education/training And Development
Home Loan Underwriter
2Vand 1C Authorities obtained.
- Analyze credit for all VA and Conventional loan types. Including bank statements, paystubs, credit reports and w2's.
- Calculate ratios, debt to income, overall debt capacity.
- Determine ability to repay and offer approval or denial.
- Maintain turn times and manage an underwriter log.
- Prioritize on a daily basis to ensure goals are being met.
- Assist loan processors with questions or direction when additional documentation is needed.
Candidate Info
years in workforce
years at this job
Accounting
Master of Arts
Consumer Loan Underwriter Ii/ Team Lead
Responsible for leading underwriters engaged in approving loan applications with default mortgage servicing.
- Managing units workflow to ensure that group superior customer service standards are met and unit procedures are current and in compliance with government and Bank regulations.
- Analyzing workflow policies/procedures and recommending changes as appropriate.
- Maintaining appropriate records/documents under specified security control.
- Develop and monitoring default loan servicing reports.
- Assisting in setting performance standards, training, including peer reviews.
- Assisting in disputing and resolving approvals of second level reviews.
Candidate Info
years in workforce
months at this job
Quality Inspection Services/ Consumer Loan Underwriter 3, Private Mortgage Bank
Quality inspection of loan files including conforming, non-conforming, pmb and jumbo mortgage loans.
- Mentoring and coaching to peers and partners within fulfillment.
- Responsible for reviewing and analyzing large, unusual or complex individual consumer requests and products within company and industry guidelines.
- Reviewing financial statements, credit reports, and applicable ratios (i.e. debt ratios, loan-to-value).
- Preparing formal reports for review; ensuring that documents are consistent.
- Implementing fraud detection techniques, performing compliance reviews.
Candidate Info
years in workforce
years at this job
Accounting
Consumer Loan Underwriter
Evaluate and ensure the loan transaction and documents are accurate and compliant to company, FHA and industry guidelines.
- Review all aspects of the file including income, credit and appraisal to ensure adherence to guidelines.
- Read and interpret technical procedures and government regulations.
- Contact customers and partners to gather information to make appropriate decisions, explain decisions and assist with re-negotiations of loans based on lending guidelines.
- Provide coaching and training to lower level team members.
- Act as proxy in the absence of the direct manager.
- Assist management with team capacity as needed.
Candidate Info
years in workforce
years at this job
Jr. Consumer Loan Underwriter
Review moderately and complex real estate loan files for Non-conforming and Conforming conventional loans.
- Underwrite all MHA (Harp) loans to ensure guidelines are met.
- Underwrite all Refinance and Purchase Conforming loans.
- Review and sign off income and asset conditions
- Analyzing all verifications, appraisals, credit reports, preliminary title reports, CLUES report and fixed error.
- Customers, Mortgage Loan Officer contact if needed.
- Knowledge of Real Estate products and production processing policies and procedure.
Candidate Info
years in workforce
months at this job
High School Diploma
Psychology
ACE Loan Underwriter
- Responsible for processing and approving loans; making outbound calls and accepting outbound calls.
- Having only a phone and computer as main source to process loans.
- Developed training program for Project Managers
- Directed Application Development teams
- Delegated work and managed deliverables
Candidate Info
years in workforce
years at this job
Finance And Entrepreneurship And Emerging Enterprises
Real Estate Finance And Investments
Associate Loan Underwriter
- Perform acquisition and construction development analysis on real estate within the New York City area for advisory purposes
- Manage the deal execution process from underwriting to commitment comprising of over $200 million in transactions
- Originate permanent, construction, and acquisition loans ranging from $3 million and up
- Evaluate individual loans using growth revenue, amortization tools and comparable real estate valuations to create potential scenarios for lenders
- Extensive interaction with executive management of lending institutions in order to bring outstanding commitments to closing
Loan Underwriter Resume Success Stories
