Mortgage Underwriter
Resume:
Mark Villarroel
Huntington Beach, CA *****
**********@*****.***
OBJECTIVE
To obtain Loan Specialist position with an established company, with stability and
opportunity for career growth.
EXPERIENCE
Wells Fargo Home Mortgage
Retail Home Loan Underwriter, Level III (12/2012 – Present)
- Underwrites Conforming CONV, HARP, Jumbo, Cash Out, and Rate Term
Refinances, per FNMA and FHLMC guidelines.
- Analyzes Self Employed income, tax returns, rental properties, and financial docs.
- Senior Level Lending authority, with loan amounts up to $850K.
- Performs audit on loan files prior to closing to ensure accuracy and data integrity.
- Evaluates borrowers credit profiles for debt management and financial efficiency.
- Ensures each loan approval, posses a tangible benefit to the borrower.
- Reviews appraisal values and Title reports for judgments, liens and tax payments.
Carrington Mortgage
Mortgage Underwriter, Component Servicing (05/2012 – 12/2012)
- Underwrote residential loans ensuring compliance with secondary market and
investor guidelines.
- Knowledgeable in current Conventional, FHA HAMP and GSE and NON-GSE as
well as FNMA/FHLMC guidelines.
- Evaluates and approves mortgage loans to maximize organizational profit and
minimizing risk of default on loan modifications.
- Determined prior to doc conditions to be met in order to expedite loan closing.
- Analyzed credit, priced loans, calculated debt ratios, and benefit to the borrower.
- Closely examined appraisals and comparables for accuracy to support value.
REO World
Escrow Coordinator/Closer (03/2008- 05/2012)
- Coordinated the close of escrow for bank owned residential properties, by
negotiating with realtors and buyers through the close of escrow.
- Analyze property values through BPO’s, Appraisals, and inspection reports.
- Reviewed HUD-1 for accuracy and proper breakdown of funds for all parties.
- Resolved foreclosure deed issues, by resolving issues with title companies and
county recorders offices.
- Closely maintained reports to ensure all contracts were not expired and that monthly
closing goals were met and exceeded on a normal basis.
Expanded Mortgage Credit
Wholesale Underwriter (06/2003 - 08/2007) – company closure
- Knowledgeable in loan programs such as HELOC’S, ALT-A, FHA, VA, DU/LP,
and FNMA sponsored financing.
- Signing authority up to $500K in combined loan amounts.
- Advised sales staff on alternative solutions, when loans did not meet guidelines.
- Based loan decisions on credit worthiness by examining mortgage and credit habits.
- Assisted Jr. Underwriters on performing appraisal review checklist.
- Promoted from from Jr. Underwriter position.
QUALIFICATIONS
- Proficient in program such as Windows, Word, Excel, Outlook, Desktop U/W,
Qualifications Calyx Point, REO Trans, LIS, OPS
- Detail Oriented, organized and punctual. Analytical and
- Types 40-50 words per minute.
- Able to perform multiple tasks and duties.
EDUCATION
Bachelor’s Of Arts in Communications, with an emphasis on Journalism.
California State University of Fullerton (May 2003)
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