Extensive experience working with complex residential mortgage loans

PAULA CHERRY-PROCTOR

RESIDENTIAL MORTGAGE LOAN PROCESSOR/UNDERWRITER

Valley Glen, CA 91401

email: **********@*****.***

phone: 818-***-****

OBJECTIVE

Seeking an opportunity where my 32 years of

Residential Mortgage Loan Processing and

Underwriting will be of benefit to your organization LENDER INTERFACES

Union Bank

Bank of Internet

Twin Cities Financial (TCF)

Luther Burbank

Banc of CA

Us Alliance

Advancial

Angel Oaks

Acc Mortgage

Santander

Great Lake

KEY ASSETS

- Extensive experience working with complex

residential mortgage loans

- Income tax analysis of borrowers who are self

employed and have corporate partnerships

- Maintain strong key alliances with Loan Originators, Partner Lenders, Vendors

- Paperless Desktop Loan Origination, Processing

and Submission

- Knowledge of various private and GSE rules and

guidelines

- Prioritize, communicate and execute within

deadlines

- Ability to problem solve independently

- Multi-task in a dynamic environment

WORK EXPERIENCE

HomeBridge Financial Services, Sherman Oaks June 2016 - June 2018 BROKER LOAN PROCESSOR-JR. UNDERWRITER

- Provide customer service communicating in person, by email and by phone

- Answer Homebridge LO/LP/LA scenario questions

- Review and verify all file documentation including signed disclosures and borrower documentation received (income/asset docs, homeowners insurance, tax returns), 3rd party documentation (appraisals, title work, flood etc.) for completeness & accuracy.

- Communicate with the lender and Homebridge LO/LP/LA to obtain any additional lender required items for submission to underwriting.

- Ensure that all customer files are complete and in compliance with regulatory agencies and internal Homebridge policies

- Maintain customer privacy, document organization, loan file document security, and appropriate staff access

- Provide loan status to Homebridge LO/LP/LA

- Functions & Tasks: Register & Lock, Submit loans to Broker lender, Order Appraisals, Collect Required documentation per lender guidelines, Review documents and conditions meet lender guidelines, Upload Valid Documents & Conditions

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SENIOR MORTGAGE PROCESSOR

PAULA CHERRY-PROCTOR

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Guaranteed Rate, West Los Angeles October 2014 - June 2016

- Disclose application initial disclosures based on RESPA requirements and timeframes

- Follow up with borrower for any required additional documentation

- Pre-underwrite loan and evaluate borrower income and asset liability

- Submit loans to retail banking or wholesale lenders via paper or paperless files

- Establish loan conditions and manage their accuracy & timely submission to lender PHH/RMR Financial First Capital, Santa Monica 1997 - August 2014 Gold Coast Financial/Carlos Sanchez & Associates, Beverly Hills 1994 - 1997

- Pre-underwrite loan and evaluate borrower income and asset liability

- Submit loans to retail banking or wholesale lenders via paper or paperless files

- Establish loan conditions and manage their accuracy & timely submission to lender

- Process and Pre-underwrite Conventional, Jumbo, FHA and VA MORTGAGE LOAN UNDERWRITER

Sunwest/Unistar Mortgage, Woodland Hills 1993 – 1994 Western Federal Savings and Loans, Woodland Hills 1986 - 1993

- Review loan applications and documents for soundness and accuracy

- Personal & Corporate Financial statements, Real Property Appraisals, Credit Reports, Tax Forms

- When necessary analyze & advise originator of alternative loan structuring

- Create approval conditions and sign off satisfied funding requirements

- Signing authority and bonded up to $500,000 (c. 1993)

- Face to Face & Field Underwriting

Contact this candidate