Customer Service Real Estate

T ARA FREED MAN-GALEN

*** ****** **** *******, ** 08527

732-***-**** cell

732-***-**** home

t ab8xdl@r.postjobfree.com email

C O N V E N T I O N A L M O R T G A G E U N D E R W R I T E R, S R.

F H A /VA L O A N P R O C E SS O R

Mortgage industry professional with loan-processing and conventional underwriting

experience.

Thoroughly knowledgeable in conventional and government loan programs/requirements

Thorough in gathering borrower information, verifying loan documents and reviewing file

documentation to guide each loan from preapproval to closing.

Computer savvy in MS Office Suite and proprietary mortgage-processing software.

Conventional underwri ting experience, including compliance, (RESPA), Fannie/Freddie

updated guidelines/programs.

Loan P rocessing & Underw r iting Expertise

Conforming & Nonconforming Loans, ARMs, Jumbo Loans, Fannie Mae & Freddie Mac

Guidelines, FHA, VA, USDA Rural Development Loans, Encompass, Paperless Processing and

U nderwriting, Title Review, Re disclosing, Compliance, appraisal review, income, asset and credit

u nderwriting. Up to speed with new loan programs offered through Freddie/Fannie, changes in

t he upgrade to DU. Experience with the Freddie Relief Open Access, DU Refinancing Plus,

RESPA/Compliance/Re disclosing requirements.

P rofessional Experience

FIRST CHOICE LOAN SERVICES, INC. M ORGANVIL LE, NJ

Conventional Unde r w r i ter, 2011 to Present

P rovide support to loan officer and underwriter teams by ensuring the t imely, judicious and

accurate processing of mortgages. Reviewed and verified borrowers’ income, credit reports,

employment histories, property appraisals and ti tle insurance information to prepare loan

applications for underwriting submittal.

1. Achievement H ighlights:

2. Hi red to work on one of the company’s most productive loan processor teams, handling an

average of 25 files monthly.

3. Outperformed previous months’ average processing tu rn-around time. My average tu rn

t ime reported to me was 20 days or less (compared to typical 30 to 45 days).

4. Ensured all files were complete prior to underwriting hand-off and coordinated effectively

w ith tit le companies to ensure smooth closings.

5. Successfully processed some of the most challenging loan applications (e.g., first-t ime

borrowers, self-employed applicants and borrowers with problematic credit histories).

6. Processed files through Encompass utilizing all serviced and functions available, utilizing

t he paperless files, using the e folder, uploading/receiving docs through E folder, splitting

f iles in encompass, sending secure email for disclosing to clients through encompass. Re

d isclosing/issuing/revising the GFE, TIL if applicable, itemization, Change of

C ircumstance proficiently and within the 3 day t ime frame.

7. Scheduled all of my loans for closing with the borrowers and Title Company.

8. Kept daily updates in the conversation log in Encompass as well as status updates.

BANK OF AMERICA M I LLTOWN, NJ

MOR TGAGE LOAN Unde r w r i te r I I (CONVEN T IONAL U N DERWR I T ER AND SR. F HA

P ROCESSOR), CONTRACTOR, 2010 to 2011

Processed, VA, FHA and 203k loans approved by an Underwri ter or an automated decision system

w ithin designated signing authority limits. Approved/Suspended/Denied/Cleared conventional

loans. Verified conditions of approval which included customer income/assets documentation. In

addition, resolved routine ti tle issues including but not limited to the following: vesting issues,

child support liens, judgment liens, mechanic liens and undisclosed liens conveyances. Processed

subordinations; resolved appraisal disputes; and coordinated closing activities. Maintained a high

level of customer service by being proactive in communication with customers, banking center

associates, realtors, etc. Worked independently, and managed a pipeline of up to 45 loans at a

t ime.

1) Achievement H ighlights:

2) Hi red to work as a temp contractor for a term of 5 months which was extended for the entire

term of the office staying open. Office was scheduled to close due to downsizing prior to being

h ired.

3) Underwrote conventional loan applications/submissions for Bank of America retail loans only

(streamline loans)

4) Ensured all files were complete prior to underwriting hand-off/or submission to closing.

5) Successfully processed and did underwrite some of the most challenging loan applications

(e.g., first-time borrowers, self-employed applicants and borrowers with problematic credit

h istories, as well as my main focus/responsibility which was the spousal buyouts refinance

loans which we had an above average amount of coming in).

6) Processed files through AUS, CLUES, and also performed manual underwriting when

necessary, utilizing all services and functions available. Worked in a paperless environment.

Re disclosing/issuing/revising the GFE, TIL if applicable, i temization, Change of Circumstance

p roficiently and within the 3 day time frame.

7) Kept daily updates in the conversation log in company’s loan origination/processing software

online as well as status updates for management reporting purposes so all parties involved/or

w ho need to see where the file is at in my pipeline they can daily review what I have done,

w hat I am waiting on, when I last contacted the borrower, loan officer, emails pasted to review,

as well as showing the last time I touched the file.

MID ATLANTIC CAPITAL -- WALL TWP., NJ

JU N IOR U N DERWR I T ER, and 2006 TO 2010

Processed FHA, conventional and VA loans as well as subprime. Opened files, ran through AUS,

gathered conditions, reviewed ti tle and appraisal as well as income, assets and credit, submitted

to u/w and cleared loan for closing. Scheduled loans for closing/coordinated times with all parties.

C leared conditions on banked conventional loans such as income, assets and credit, as well as SFR

appraisals.

FIRST GUARANTY MORTGAGE CORP -- OCEAN TWP., NJ

Conventional Underwriter, 2005 TO 2006

Conventional underwriter for multi-unit properties for approximately 25 states. Processed and

p re-underwrote residential, commercial and construction loans for both individuals and

corporations. Additionally, reviewed and analyzed personal & business tax returns, corporate

f inancials, and appraisals. I also coordinated and followed up with borrowers, brokers, builders,

appraisers, Insurance Agents, Real Estate Agents and Title/Escrow companies to meet

established closing dates. Office was closing due to market changes, had to find new job due to

downsizing/lack of work. Signed off on income, assets, ti tle, credit, etc.; however the appraisals

were reviewed/approved/signed off by only management due to high risk loans/all investment

m ultifamily in areas where values were extremely high/overpriced/in disaster areas/flood zones

etc.

FOXTONS FINANCIAL – WEST LONG BRANCH, NJ

JR. U N DERWR I T E R AND F HA SPEC IAL IST, 1999 -- 2005

Processed, VA, FHA and 203k loans approved by an Underwri ter or an automated decision system

w ithin designated signing authority limits. Underwrote all Conventional loans. Cleared

conditions and issued changes to the terms on previously approved conventional loans. Verified

conditions of approval which included customer income/assets documentation. In addition,

resolved routine ti tle issues including but not limited to the following: vesting issues, child

support liens, judgment liens, mechanic liens and undisclosed liens conveyances. Processed

subordinations; resolved appraisal disputes; and coordinated closing activities.

E ducation

BROOKDALE COMMUNITY COLLEGE L INCROFT, NJ

Associate in Business, 1998

MANALAPAN H IGH SCHOOL E NGLISHTOWN, NJ

H igh School D iploma, 1994

NAMP/MORTGAGE UNNIVERSITY ONLINE

Certificate of completion, 2009-2012

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