Sr.Mortgage Underwriter /Sr.Mortgage Processor

Daria Sikora

***************@*******.***

Ph#714-***-****

Objective: Mortgage Underwriter/SrMortgage Processor/Quality Control

Work Experience

PKO Mortgage, Inc.

** * **** ****** #***

Lake Zurich, Il. 60047

(2006 –2015)

Extensive underwriting experience of Conventional Loans, USDA Loans,FHA Loans,VA Loans, Jumbo Loans.

Experience in DU/LP underwriting also in manual underwriting

Knowledge of systems: Calyx and Encompass

Knowledge of calculation tax returns, W-2, paystubs, P&L

Review and analyzing borrowers financial documents such as: financial statements, bank statements, sales contracts, settlement sheets, credit reports to determine credit worthiness and compliance with investor guidelines, subordination agreements, certificate of insurance, paid assessment letters, condominium questionnaire, pay off letters, wire instructions, closing protection letters and 1031 exchange forms

Knowledge of reading appraisals and title commitments

Managing a portfolio of 50 75 loans in a pipeline

Maintain a reasonable familiarity with investor guidelines in order to assist in reconstructing loans from time to time as needed

Safeguard all sensitive consumer information

Practice follow up with all parties involved in each transaction; inform and maintain forward progression of the transaction

Verify all documents for accuracy, completion and acceptability to satisfy its purpose

Experience in construction loans.

Ability to work independently, set priorities and handle multiple tasks

Strong attentions to detail and accuracy, strong analytical skills and also tactfulness

Excellent in problem solving, researching and decision making

Knowledge of Regulation Z, RESPA,Reg B, TRID, Interthinx

Highly computer literate and able to proficiently use all Microsoft office products

Excellent phone/people skills for effective engagement of homeowners and support of loan officers

Ability to mentor new processors or new loan officers

Extensive mortgage experience; almost 20 years in mtg industry

Sherwood Zwirn and Associates, Inc (Real Estate Attorney)

910Skokie Blvd#901

Northbrook, IL. 60062

(1997-2006)

*Reviewing and signing contracts with Lenders, Banks and Private Investors.

*Reviewing and signing contracts with Credit Companies.

*Establish and maintain strong relationship with referral sources, such as: real estate attorneys, CPA companies, real estate agents, developers, small business owners, teachers

*Ability to assist others with complex loan applications, closings or funding questions

*Hire, train, evaluate and sometimes discipline staff

-*Responsible for loan officers license expiration and continuing education classes

*Maintained a working and up to the date knowledge of government and state regulation of real estate laws

*Responsible for every single file is with compliance with various government and state regulations

*Implement strategies to improve loan department, efficiency and mange work flow

*Ensure loan processors team provides excellent customer service to all

*Strong attention to detail

*Strong ethical focus

*Maintain employee records and provide accurate and timely response to borrowers contacts

*Preparing quarterly reports for Division of Banking.

•Loan Originator Responsibilities and abilities:

-Knowledge how purchases, refinances,home equities, business loans,commercial loans and constructions loans guidelines work

-Knowing a difference between a Conventional loan, an Arm loan, and Jumbo loan, Interest only loan, 30,40,50 Conventional Fixed Term loan, Reverse Mtg.

-Knowing a difference between SFR, PUD, Condo, Condotel, 2Unit,3 unit,4 unit,6-12units

-Knowledge of 1003, GFE,TIL, and needed disclosures to close a loan

-Generate new business through sales outreach

-Experience in :FHLMC/FNMA/VA/FHA guidelines

-Negotiate loan terms such as: costs, loan period, loan repayment methods.

-Identify solutions for customers needs through existing products

-Analyzing purchase agreements

-Solving unusual situations and developing logical solutions

-Structuring a loan to customer needs or ability to repay faster

•Loan Processor and Underwriter responsibilities:

-Knowledge of Calyx Point and Encompass

-Ability to pull credit reports from Kroll Factual Data and Innovis

-Ability to rescore credit reports, update credit or remove collections or profit and loss from a credit

-Ability to run a file through LP or DU/DO

-Ability to read LP/DU/Do funding

-Order an appraisal

-Ability to read an appraisal

-Order title commitments

-Ability to read title commitments

-Order supporting documents: VOE/VOR/VOD/VOM

-Ability to read Tax Returns

-Order MI Certificates

-Order Certificate of Insurance

-Order Certificate of Occupancy (construction loans only)

-Review and clear conditions on loan files

-Order Subordination Agreements

-Ability to independently solve problems and make decisions in a fast –paced environment

-Knowledge of DNA

-Knowledge of PA system

-Familiar with BYTE system

-Ability to manage high volume of work load

-Strong analytical skills and comfort working with numbers

-Being able to be a team player that can work collaboratively with others while possessing

a positive attitude

-Ability to analyze purchase agreements

-Ability to process, close 1st and 2nd mortgage together

-Review all signed documents immediately upon receipt from LO, correct any errors or obtain missing items

-Making sure GFE and TIL match at the time of closing

-Reading RESPA

- Satisfying at closing conditions and funding conditions

-Q C

Other Responsibilities:

-Answering phones

-Running transactions through Moneris system (credit card processing system)

-Preparing financial reports for CPA Firm

-Daily opening and closing systems needed for the office to run smoothly

-Staying after hours if needed to take application and receive needed documents

-Attending closings

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Most recent job experience

Rockview Real Estate Services, Inc

Torrance,CA

Position :Sr.Mortgage Processor/Mortgage Underwriter /QC

(04.2018)

Input title company fees with proper finance charge selection

Understand fee tolerances, how to handle tolerance violations, when 3 day wait periods apply.

Review compliance audits specific to TRID messages, fee compliance and APR tolerances to ensure there are no issues.

Prepare the initial Closing Disclosure via PA

Ensure the Closing Disclosure is fully complete, accurate, and compliant. Including but not limited to:

POC amounts properly applied

Fees disclosed in the proper sections

Fees correctly marked finance or non-finance charge

Escrows set up policy * Keep TRID form in LOS system up to date:

Ensure all data entry is completed to ensure accurate reporting and to ensure Loan Officer (and team) have visibility to the steps that have been completed.

Update status notes within the TRID form regarding communication with Loan Officer, Closing, and Post-Closing. * Monitor pipeline to ensure:

CDs are going out according to policy

CDs are being delivered to applicable parties in a timely manner * Interact with the Loan Officer (and team), providing white-glove level service to answer questions

Interacting with the Settlement Agent

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