DE Underwriter

Nihal (Nikki) Bordas

Troy, Michigan ***** USA

Cell: 248-***-****

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

Mortgage Underwriting Professional

FHA Direct Endorsement designation. Extensive background of over 27 years of solid banking

experience in various departments. Excellent experience in originating and underwriting residential

mortgages. Knowledge of investment guide lines. Excellent organization and time management skills.

• • •

DE Underwriter Analytical Skills Multi Task

• • •

Decision Making Exceptional Customer Problem Solving

• •

Service

Strong Time Strong Organizational

•

Management Skills

Self Motivated

Work Experience

Chase Bank Aug 2010 - Present

Senior Underwriter Troy, MI

• Received extensive FHA training which allowed me to successfully obtain my DE designation.

• Currently underwriting FHA and Conventional loans including Harps.

• Render decisions according to FHA, Fannie Mae and Freddie Mac guides.

• Knowledge of Loan Prospector and Desktop.

• Knowledge of Private Mortgage Insurance guides.

• W ork closely with Loan Officers & Processors to ensure loan closes in a timely and efficient

manner.

• Review appraisals to ensure investor guides are adhered including any red flags.

• Review denied files for possible counter offers.

• Review title policies for any liens, judgments etc.

• W orking on a paperless system including dual monitors.

Bank of America Jan 2010 - Jul 2010

Home Servicing Specialist/Underwriter Troy MI

• Underwrote conventional loan files.

• Processed conventional, FHA and VA files.

• Developed rapport with loan officers and managers.

• Contacted borrowers for additional information.

• Reviewed files for closing readiness.

• W eekly phone conference with branch manager.

Flagstar Bank May 2008 - Jan 2010

Loss Mitigation Specialist/Underwriter Troy MI

• Reviewed borrower’s financial records including income, tax returns and assets.

• Reviewed borrower’s hardship documentation.

• Contacted borrower to discuss hardship and current needs.

• Determined a workout to cure default via repayment plan, modification or possible short sale/DIL.

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Nihal (Nikki) Bordas

Troy, Michigan 48085 USA

Cell: 248-***-****

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

• W orked with third party negotiators, real estate agents and attorney's office etc.

• Followed up to ascertain transaction closes successfully.

Underwriter (2008)

• Rendered mortgage decisions in accordance with all investor guide lines.

• Knowledge of Freddie Mac and Desktop underwriting systems.

• Knowledge of Private Mortgage Insurance guides.

• Answered broker's phone calls and email questions in order to expedite file to closing.

• Reviewed appraisals for value to determined correct Loan to Value and any red flags.

• Offered alternative terms to maintain business.

• Reviewed denied files upon receipt of additional documentation.

Standard Federal Bank/LaSalle (Now B of A) Aug 1986 - Apr 2008

Troy, MI

Mortgage Underwriter (2003 – 2008)

• Rendered mortgage decisions in accordance with all investor guide lines.

• Knowledge of Loan Prospector and Desktop underwriting systems.

• Knowledge of Private Mortgage Insurance guides.

• Developed and maintained rapport with branch personnel.

• Reviewed appraisals for accuracy, LTV/CLTV guides.

• Offered alternative terms when necessary in order to maintain the business.

• Trained staff and loan originators.

CSR - UW 1(2002 – 2003)

Loan Originator (1994 – 2001)

Collection Supervisor/Collector (1986 – 1993)

Skills

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Banking Industry Appraisals Email

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Collection Desktop Computer Fraud

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Communication Documentation Underwriter

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