Resume

Sr. Underwriter

Location:

Riverside, CA, 92503

Salary:

76000

Posted:

May 30, 2014

Contact this candidate

Resume:

DON R. WHITE

***** ******* **** **

Riverside, CA 92503

Ph: 951-***-****

Professional Profile:

Accomplished, meticulous underwriter with great attention to detail and

reasoning capacity. Known for delivering approvals before due times.

Deadline hitter. Has high underwriting numbers. Maintains high ethical

standards upon loan conclusion. Received awards for underwriting prowess.

An exceptional communicator with strong negotiating, problem resolution,

and customer needs assessment aptitude. Equally effective at identifying

opportunities, developing focus, and providing tactical business solutions.

> Turnaround Specialist adept at transforming faltering departments into

leading revenue producers with quick answers, sound judgment and

superior service.

> Fortune 500 Underwriter for nationwide corporations.

PROFESSIONAL EXPERIENCE:

BAY EQUITY HOME LOANS, Lake Forest, CA (Dec

'12 - Present) Sr. Underwriter

. Underwrite conventional mortgage loans including HARP to multiple

investor guidelines through DU and LP automated underwriting systems.

Manually underwrite Jumbo loans to $3 million loan amount. Fannie

Mae, Freddie Mac, Wells Fargo, New Penn, Redwood Trust, and Titan

investors.

. Critique quality of borrower repayment strength, in-depth tax return

analysis, and collateral review, determine debt-to-income ratios,

benefit to borrower.

. Assist funder and post coordinator with conditions for file funding

and shipment, provide underwriting support for loan originators and

processors for file guidance and issue resolution.

. Assist with scenario desk for loan structure prior to submission,

provide underwriting support for loan originators and processors for

file guidance and issue resolution.

. Stay current on all investor guidelines, order mortgage insurance,

sign off conditions, complete loan reworks.

. Sign off prior to doc and underwriter funding conditions.

. Report to operations manager.

AMERICAN MORTGAGE, Brea, CA

(Sep '07 - Oct '12)

Sr. Underwriter

. Underwrite conventional mortgage loans to investor specific

guidelines.

. Gauge status of underwriting team staff to underwriting manager and

give input on strengths and weaknesses.

. Assess borrower repayment ability through income, credit, appraisal

and tax documentation, and submit to DU/LP.

. Sign off prior to doc and prior to funding conditions.

. Initiate discussions with team members for appropriate decision

making.

. Reported to underwriting manager.

BNC MORTGAGE, Irvine, CA

(March '05 - July '07) Sr. Underwriter

. Lead underwriting team on decisions related to loan approval/decline

according to lending guideline criteria.

. Examine title commitments, look for leaseholds, deed in lieu, title

chains and communicated with vendors for policy supplements.

. Reviewed HUD, legal documentation, analyzed income statements, ensure

loan system data agrees with Credit, Risk, Finance and Regulatory

records of the loan.

. Administered counter offers and revisions to loan submissions to allow

for longer loan life and total company profitability.

. Verify documentation, calculated all risk assessment criteria.

. Stay versed in credit policy, safe harbor and good faith, fraud

prevention and money laundering procedures.

Accomplishments:

> Received Top Underwriter Award.

> Named Top Information Associate by Sales team

OLYMPUS MORTGAGE, Tustin, CA

(April '04 - Jan '05) Sr. Underwriter

. Underwrote mortgage loans according to lender criteria.

. Signed off conditions generated.

. Coached field personnel and brokers on technical underwriting issues.

. Provide alternative solutions to problem files, and all counter offer

requests on approvals based on lending criteria.

. Advised underwriters. Used independent and judgment discretion in

addressing critical business issues.

Accomplishments:

> Received Certificate of Recognition for top Underwriter

ARGENT MORTGAGE, Orange, CA (June '02

- March '04) Assistant Team Manager

. Supervised underwriting, processing, funding, docs, and customer

service of Western operations for one of the largest lenders in

America.

. Monitored the performance and outflow of the company's loan products.

Made decisions on complex loan criteria. Outlined appropriate

suggestions and measures for team growth.

. Maintained assigned department project portfolio containing review

data and strategic initiatives.

. Provide input for credit policy issues with Chief Credit Officer

. Conducted Appraisal Performance Reviews, assisted in employee

Developmental Training and outlined educational company materials to

employees

. Produced answers to complex business and loan problems assisted

underwriting analysts with informational support and turn-time

. Directed all exceptions to programs, hired & trained new employee

staff, given $1.25 million signing authority, reported to Sr. Team

Manager and Vice President of Operations.

Accomplishments:

> Incorporated smooth production and operation flow of assigned

department leading to the success and profitability of the

West Coast Region.

> Top Sales Volume & Attendance Award Winner (2 years)

CALIFORNIA MORTGAGE, Tustin, CA (Mar

'99 - May '02)

Government Underwriter

. Underwrote default FHA/VA and conventional loan deals

. Calculated MCAW and issued approval

. Mitigate credit search for suspected false representations

. Conditioned and signed off conditions, handled correspondence,

transactional risk, and operational risk measurements

. Communicated to the department manager all trends or problems, and