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Loan Mortgage

Carrollton, TX
October 29, 2018

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Sergio Salcido

**** ********* *****

Carrollton, TX 75006


Professional Summary

Background in financial and credit risk analysis for banks and other lending institutions. Proven experience in assessment of creditworthiness of individuals and business entities. Strong knowledge of compliance issues involved in credit and loan approvals. Excellent quantitative and qualitative problem-solving skills. Experience

05/2018 – 07/2018 (contract) Evolve Mortgage Services Frisco, TX Senior Underwriter

Underwrote Conventional conforming and Conventional non-conforming mortgage loans following company, investor, and government standards.

Evaluated credit history, employment history, and financial status of mortgage loan files to determine credit worthiness in compliance with the guideline requirements.

Managed loan conditions from credit, property, and compliance reviews with Sellers and external 3rd party service due diligence providers.

Insured compliance with FNMA and FHLMC.

Other duties as assigned by management.

03/2017 – 10/2017 Gateway Mortgage Group Irving, TX Senior Underwriter

Analyzed loan documentation for accuracy and completeness to assess credit worthiness and adherence to regulatory/compliance requirements.

Verified the income and employment information of loan applicants, reviewed the applicant credit history, and examined asset accounts for available funds for closing/reserves.

Worked with loan originators and production staff to compile required credit documentation.

Communicated credit decisions and issued final AUS approvals using DU and LP.

Reviewed secondary resubmissions of credit documentation provided and issued credit approval.

07/2015-02/2017 Paramount Equity Mortgage LLC Roseville, CA Underwriter

Underwrote conventional residential loans, including reviewing the data integrity of the AUS, credit, income and asset documentation, appraisal/title report, and confirm adequate MI coverage when required.

Ensured the loan meets all FNMA/FHLMC eligibility guidelines and requirements.

Maintained compliance with federal and state laws and regulations, private investor requirements, and internal policies/procedures prior to the preparation of loan documents.

Attended relevant loan underwriting, credit analysis, or industry trainings as assigned.

Ensured the integrity of data in Encompass, DU and LP. 05/2009-07/2015 Bank of America Plano, TX

Corporate Underwriter

Underwrote residential loans including the preliminary credit package-credit report, income, assets, appraisal and title.

Maintained thorough understanding of underwriting fundamentals and ability to implement changing overlays to ensure quality files to meet investor guidelines.

Efficiently worked with database and imaging systems with virtual loan files.

Assisted senior underwriters with daily credit decisions and obtaining underwriting certification.

11/2006-11/2008 BMC Capital, LP Dallas, TX

Senior Underwriter

Underwrote multifamily residential and commercial loan transactions. Final underwriting focused on valuation, credit analysis, and reviewing inspection/engineering reports.

Assisted Chief Credit Officer in training junior underwriters.

BMC Capital specifically recruited me to help launch a national securitized loan program.

Senior Loan Officers often requested my services to underwrite their portfolio loans because of my superior skills and ability to get the transaction approved and completed. 11/2003-11/2006 PNC Financial Services Group Dallas, TX Commercial Real Estate Underwriter

Underwrote Fannie Mae DUS multifamily residential loans and conduit multifamily transactions nationwide.

Inspected multifamily properties nationwide in accordance with Fannie Mae guidelines.

Interacted with appraisers and engineers to resolve issues with property valuation, physical needs assessments, and environmental reports.


Texas Tech University Lubbock, TX

Bachelor of Business Administration, Finance

Bachelor of Science, Personal Financial Planning

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