Resume

Sign in

Sales Insurance

Location:
Jacksonville, Florida, United States
Salary:
68,000
Posted:
August 31, 2017

Contact this candidate

Derrick M. McCants

*** ********** **. ************, **. 32225

ac13k8@r.postjobfree.com (904) ***-****

Dedicated self-starter offering over thirteen years of diverse experience; goal-oriented; highly motivated with excellent verbal and written communication skills; competencies in team leadership and market analysis have proven to contribute to company goals.

PROFESSIONAL EXPERIENCE

CITI – Jacksonville, FL

Credit Risk Underwriter (Apr. 2012-present)

Underwrite residential and non-residential mortgage loan files in compliance with Citi underwriting guidelines and state and federal guidelines.

Verify all documentation associated with mortgage originations including but not limited to: income, asset, credit, appraisal, insurance and title information.

Review flood determinations

Evaluate and determine eligibility, rating and effective dates of risks according to NFIP guidelines and standards.

Evaluate potential risks and analyze loss control.

Analyze appraisals to verify market value and comps for each property.

Effectively communicate required conditions to the branch/division and assists where possible to expedite final approval of the file.

PNC – Jacksonville, FL

Credit Risk Underwriter (Jan. 2012 – Apr. 2012)

Underwrite residential and non-residential mortgage loan files in compliance with PNC underwriting guidelines and state and federal reporting guidelines (including RESPA, HMDA and HOEPA Section 32)

Verify all documentation associated with mortgage originations including but not limited to: income, asset, credit, appraisal, insurance and title information.

Evaluate and determine eligibility, rating and effective dates of risks according to NFIP guidelines and standards.

Evaluate potential risks and analyze loss control.

Analyze insurance documents to determine the level of risk to decide whether the property has sufficient coverage and policy would cover potential losses.

Effectively communicate required conditions to the branch/division and assists where possible to expedite final approval of the file.

Promptly and accurately review files within specified timelines to issue pre-approvals and final approvals.

Ensure that appraisal and title insurance are provided by an approved vendor.

Responsible for meeting productivity, TAT and Quality Control goals as required by management.

BANK OF AMERICA- Jacksonville, FL

Pre-Foreclosure Mitigation Supervisor (2010 -2011)

Confirm foreclosed loans have been properly processed and serviced.

Interfaced with client legal departments.

Manage foreclosure accounts from service to sales date.

Monitored bankruptcy activity and accuracy.

Supervised and monitored staff to ensure processing of loans.

Assisted management in training staff.

Experienced processing loans using LPS software, AS 400.

McCANTS MORTGAGE GROUP – Jacksonville, FL

Owner (2005-2010)

Possess outstanding communication and presentation abilities. Effectively market tangible/intangible mortgage products and services.

Ensure the prompt and accurate completion of all initial mortgage related administration and documentation, ensuring compliance with lending policies and administrative processes.

Proactively make required number of self-generated appointments.

Cultivate strong working relationships with colleagues to support and maximize referral opportunities

Managed all aspects of the mortgage company, including recruiting and training sales team, managing and training office staff, approving transactions and overall P&L responsibility.

Generated annual loan volume of up to 34 million, earning huge profits during local real estate boom in Jacksonville, FL.

Streamlined mortgage closing process, resulting in a 90% close rate on all loans.

CENDANT/PHH MORTGAGE – Jacksonville, FL

Sales Manager (2001-2005)

Responsible for all sales activities within a designated market.

Worked closely with management to resolve personnel issues, train, coach and motivate the staff

Trained new hires on product, policy, procedures and systems.

Responsible for monitoring and meeting goals of the team with respect to turn- ratios, processing times, regulatory compliance, loan quality and deficiencies.

Participated in the credit/appraisal review of complex loans that required skills that exceeded that of the loan specialist.

PHH- Jacksonville, FL

Underwriter (2003-2005)

Underwrote conventional purchase and refinance loan with signing authority up to $1,000,000.00.

Underwrote minimum of 5 files daily, using automated and manual underwriting.

Demonstrated thorough understanding of Fannie Mae and Freddie Mac guidelines.

Cleared underwriting conditions and issued clear-to-close

Submitted loans through Desktop underwriter (DU) AND Loan Prospector (LP).

Analyzed credit, income, title and appraisal documents to insure loan quality.

Advised loan officers and loan processors on loan alternatives, scenario questions and program guidelines.

EDUCATIONAL BACKGROUND

FLORIDA AGRICULTURAL AND MECHANICAL UNIVERSITY

Business Economics 1991-1995



Contact this candidate