SHELBY ROSALES

818-***-**** • oceisu@r.postjobfree.com

PROFESSIONAL SUMMARY

Goal driven team leader with 15 years mortgage experience and proven strength in managing team to achieve profitably, increase sales volume, maximize production, and retain clients

Comprehensive underwriter skilled in underwriting complex credit profiles, with vast knowledge of FNMA, FHLMC, regulatory and government compliance, and the proven ability to accurately determine the degree of risks to ensure the loan will be saleable on the secondary market

PROFESSIONAL EXPERIENCE

General Manager, (8/2007-6/2011)

Goal driven team leader with 15 years mortgage experience and proven strength in managing team to achieve profitably, increase sales volume, maximize production, and retain clients

Comprehensive underwriter skilled in underwriting complex credit profiles, with vast knowledge of FNMA, FHLMC, regulatory and government compliance, and the proven ability to accurately determine the degree of risks to ensure the loan will be saleable on the secondary market

Delegation of Authority/ 3C Underwriter, (9/2010-4/2011)

Wells Fargo Home Mortgage, St. Louis, MO

Evaluated test cases of individuals to determine if candidate is eligible to be delegated to a junior underwriter and granted authority to make lending decisions within a specific level of risk.

Analyzed credit data and financial profiles of individuals to determine the degree of risk involved in lending money while ensuring responsible loan approval achieving 100% acceptable rating from SQC.

Contract 3C Underwriter, (5/2009-9/2009)

Wells Fargo Home Mortgage, Tempe, AZ

Examined perplexed loan documentation, analyzed financial risks, validated qualifications, and ensured completeness of mortgage loans providing credit approval or denial decision ensuring creditworthiness, accuracy, and compliance, according to Fannie and Freddie

Submitted files through Desktop Underwriter (DU) for automated underwriting decision and conditioned file accordingly and cleared underwriting conditions

Specialized in the review process of the “HARP” refinance program

Contract Senior Underwriter, (2/2009-5/2009)

Bank of America, St. Louis, MO

Calculated risks approving or rejecting loan applications based on criteria credit stability, financial profile, and collateral, confirmed eligibility, ensured loan viability and identified risk issues for compliance and salability according investor policies

Sr. Credit Loan Analyst 3/ Team Lead, (6/2004-8/2007)

WMC Direct/GE Money Bank, Burbank, CA

Managed, trained, and independently supervised the development of 5 junior underwriters

Managed $30 million dollars monthly pipeline with a closing average of 120 units funded per month.

Manually examined, evaluated, and provided preliminary credit risk decision, approving and denying mortgage

loan based on creditworthiness, accuracy and completeness, recommending alternative solutions and ensuring compliance and salability.

Senior Processor/Underwriter, (3/2003-12/2003)

Gershman Mortgage, St. Louis, MO

Processed FHA, VA, and conventional credit and income documentation, ordered and reviewed title and appraisal reports and qualified borrowers for eligibility of conventional, government, and jumbo loan programs

Submitted and processed all documents to qualify borrowers for FHA 203K loans, Home Equity Loans, VA funding programs, second mortgages, and Down Payment Assistance programs

Loan Consultant, (2/2001-3/2003)

Mainline Mortgage, St. Louis MO

Specialized in FHA, VA, and Conventional new purchase origination and refinanced first and second mortgages; Qualified clients for mortgage loans, persuading customers to buy based on personalized service and quality; maintained high retention within a highly competitive market due to sales acumen.

Loan Consultant, (4/1999-1/2001)

National City Mortgage, Stockton, CA

Specialized in new purchase origination and refinanced first and second mortgages, leading in efforts associated with originating loans and qualifying borrowers for premier new homebuilder closing 40 units of new community within 60 days

Loan Coordinator, (7/1995-4/1999)

Missouri Development, Stockton, CA

Director of top producing real estate mortgage lending office, successfully retaining 80% borrower purchase to refinance transactions and generated 25% new client accounts through consistent sales calls

EDUCATION

University of Phoenix (2007 - 2008)

Bachelors Degree-Business in progress

Mortgage Banking School (1999)

Century 21 School of Real Estate (1999)

California Real Estate Principals and Fundamental

CREDENTIALS

Life and Health License CA, AZ, TX, IL, MO, GA, LA

Courses included: Real Estate and Mortgage

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