Manager Real Estate

LYLE MCDONALD

*** **** *** . **** ***,Ca *****

( 510) 776- 0577

l yl e duzl oans@gmai l .com

OVERVIEW

Anal yti cal and re sul ts-dri ve n profe ssi onal . Hi ghl y de tai l e d and organi ze d wi th abi l i ty to

mul ti task. Effe cti ve communi cati on ski l l s both oral and wri tte n. Compre he nsi on of FHA, FNMA,

FHLMC, Conve nti onal and Jumbo Loans. Are as of Ex pe rti se i ncl ude but not l i mi te d to

• Re vi e w ne w l oan fi l e s to e nsure l oan me e ts i nve stor and program cri te ri a

• Re vi e w transmi ttal & 1003 to make sure i t i s accurate and compl e te

• Re vi e w cre di t re port and compare to l i abi l i ti e s on 1003

• Re vi e w asse ts state me nts and compari ng the m to re qui re d asse ts pe r i nve stor

• Re vi e w ti tl e to ve ri fy our borrowe r has owne rshi p

• Re vi e w apprai sal to e nsure the val ue i s supporte d

• Re vi e w fi l e to make sure compl i ance has be e n me t

• Re vi e w PTD and PTF condi ti ons turne d i n for Unde rwri ti ng wi thi n 24 hours – 48 hour turn

• Re vi e w a mi ni mum numbe r of fi l e s pe r day

COMPUTER SKILLS

• Ci tri x

• De sktop Unde rwri ti ng

• Loan Prospe ctor

• CRM Tool

• Datatrac

PROFESSIONAL EXPERIENCE

RPM Mortgage ( Underwriter ) Jan 2012 - Aug 2013

• Mai ntai n a worki ng knowl e dge of l e ndi ng pol i ci e s, proce dure s, and i nve stor gui de l i ne s and

ove rl ays.

• Ex ami ne l oan fi l e docume ntati on to de te rmi ne acce ptabi l i ty of borrowe r’s cre di t hi stori e s,

ade quacy of l i qui d asse ts and fi nanci al capaci ty i n re l ati on to l oan re que sts.

• Re sponsi bl e for i nte rpre ti ng appl i cants cre di t re port( s), pe rsonal fi nanci al state me nts, busi ne ss

and or pe rsonal tax re turns and othe r i nformati on pe rti ne nt to qual i fi cati on or e l i gi bi l i ty.

• Care ful l y re vi e we d cl ose d l oan fi l e s to e nsure thoroughne ss and compl i ance to appl i cabl e

re gul ati ons and company pol i ci e s.

• Di re cte d e x ce pti on approval for appl i cati ons that vi ol ate d conformi ng and non-conformi ng l oan

gui de l i ne s

Bank of America ( Underwriter ) May 2010 – Dec 2012

• Provi de d pre - and post-purchase unde rwri ti ng of mortgage l oans for 1-4 re si de nti al prope rti e s and

comme rci al uni ts for a vari e ty of di ffe re nt l oan programs.

• Re sponsi bl e for formul ati ng and i nte rpre ti ng fi nanci al cal cul ati ons and rati os as re qui re d or

ne ce ssary unde r l oan re qui re me nts.

• Compi l e s l oan package s i n compl i ance wi th l oan proce dure s and e nsure s accuracy accordi ng to

pol i cy, assure s ti me l y submi ssi on for approval s.

• Re vi e w ne w l oan fi l e s to e nsure l oan me e ts i nve stor and program cri te ri a. Re vi e w ne w l oans at a

mi ni mum standard of 100 l oans pe r month wi th se t turn ti me s.

Black Diamond Finance ( Sr. Loan Consultant ) 2009 - 2010

● Act as unde rwri te r be fore submi tti ng outgoi ng fi l e s to l e nde rs to e nsure compl i ance

and to mi ni mi ze l oss and max i mi ze profi ts

● Cl e ar condi ti ons on l oan approval for i ne x pe ri e nce d l oan offi ce rs

● Provi de support to l oan offi ce rs and te l e marke te rs as probl e ms woul d ari se

● Bui l d custome r re l ati onshi ps wi th Re al Estate fi rms throughout the Bay Are a

● Re spond to i nqui ri e s from pote nti al cl i e nts

Sterling Mortgage ( Loan Manager ) 2006 - 2009

Manage te am of 8 Loan Ori gi nators

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Manage admi ni strati ve and l oan proce ss i n the proce ssi ng de partme nt

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Di spe rse l i ve i n cal l / i nbound transfe rs to top age nts

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Ove rse e pi pe l i ne of anywhe re be twe e n 10 - 25 mi l l i on pe r month

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He l p wi th acqui si ti on of ne w l e nde rs

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● Di stri bute marke ti ng mate ri al as ne e de d to ne w age nts

First Choice Real Estate and Mortgage ( Loan Officer ) 2005 - 2006

Conve rt consume r l e ads i nto cl ose d l oans

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Col l e ct al l data ne e de d from cl i e nt i n ti me l y manne r i n orde r to cl ose l oan

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Work hand i n hand wi th apprai se rs, e scrow offi ce rs, Re al Estate age nts

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Anal yze cre di t re ports wi th spe ci al i st to i mprove cl i e nts grade

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Pri ce out programs wi th whol e sal e re ps from bank

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Fremont Mortgage ( Loan Originator / Telemarketer ) 2003 - 2004

● Was i ni ti al poi nt of contact to the prospe cti ve borrowe r

● Se t up l oan fi l e s

● De ve l op and i mpl e me nt scri pts i n e ffort to ge ne rate ne w l oans

Education

● Be rke l e y Hi gh

● Cal State Hayward Uni ve rsi ty

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