mortgage underwriter
Resume:
VALERIA SCHMITZ
Olmsted Falls, Ohio 44138
************@***.***
PROFESSIONAL STRENGTHS
Efficient, proficient in prioritizing work, detail-oriented, self-motivated, recognized for meeting/exceeding
deadlines, committed to the best performance of job responsibilities and related problem solving.
EXPERIENCE
UNION NATIONAL MORTGAGE, STRONGSVILLE, OHIO
UNDERWRITER (2012-2013) (Wholesale)
Responsible for underwriting purchase/refinances (including Harp) Conventional, FHA, USDA
mortgages according to multiple investor guidelines for 1-4 family owner and non-owner occupied
properties. Underwrite FHA according to requirements for HUD. Analyze and evaluate all
aspects of borrower’s credit, employment, and income and asset profile. Analyze real estate
appraisal to ensure that the marketability and value of the property are supported. Ensure that the
investor’s credit policy and procedures are adhered to and product guidelines followed. Ensure
the accuracy of all necessary criteria for specific loan types, products. Maintain files in a
systematic and orderly fashion and ensure all loan conditions are met. Manage caseload in a
timely manner, with strong analytical, strategic thinking and sound decision-making skills
FIRST PLACE BANK, NORTH OLMSTED, OHIO
UNDERWRITER (2009-2012) (Retail)
Responsible for underwriting purchase/refinances (including Harp) Conventional, Jumbo, FHA,
Second and Construction mortgages according to investor guidelines for 1-4 family owner and
non-owner occupied properties. Underwrite FHA, state housing and specialty programs according
to requirements for HUD, State Housing agencies. Prepare documents for all OHFA loans.
Analyze and evaluate all aspects of borrower’s credit, employment, and income and asset profile.
Analyze real estate appraisal to ensure that the marketability and value of the property are
supported. Ensure that the investor’s credit policy and procedures are adhered to and product
guidelines followed. Ensure the accuracy of all necessary criteria for specific loan types, products.
Maintain files in a systematic and orderly fashion and ensure all loan conditions are met. Manage
caseload in a timely manner, with strong analytical, strategic thinking and sound decision-making
skills.
REAL ESTATE MORTGAGE CORP., ROCKY RIVER, OHIO
UNDERWRITER (1998-2009)
Responsible for underwriting Conventional, Jumbo, FHA, VA, Second and Construction
mortgages according to investor guidelines for 1-4 family owner and non-owner occupied
properties. Underwrite FHA/VA state housing and specialty programs according to requirements
for HUD, VA and state housing agencies. Prepare documents for all OHFA loans.
Responsible for all of the company’s Reverse Mortgage Program loans. Train processors in
OHFA and Reverse Mortgage procedures. Analyze and evaluate all aspects of borrower’s credit,
employment, and income and asset profile. Analyze real estate appraisal to ensure that the
marketability and value of the property are supported. Ensure that the investor’s credit
Policy and procedures are adhered to and product guidelines followed. Ensure the accuracy of all
necessary criteria for specific loan types, products, rates and fee structures. Maintain files in a
systematic and orderly fashion and ensure all loan conditions are met. Manage caseload in a
timely manner, with strong analytical, strategic thinking and sound decision-making skills.
FHA Mortgage Credit Examiner Certification, 1993
Comprehensive knowledge of FHA and Bond products and services.
Knowledgeable in FNMA/FHLMC, FHA, and VA origination and underwriting guidelines.
Knowledgeable in private mortgage insurance.
AUS and auditing systems. (DU, Gus, minimal LP)
Effectively communicate with loan officers, processors and Real Estate Mortgage Escrow Co. to
resolve loan issues.
Lowest number of quality-control issue loans returned.
EXCEL MORTGAGE CORP., INDEPENDENCE, OHIO
RAN ONE-PERSON OFFICE (1995-1998)
Responsible for all aspects of mortgage loan process from application to closing. Loans were
underwritten by a contract underwriter.
MORTGAGE NOW, INDEPENDENCE, OHIO
I worked for the following companies which were continually merged/bought-out until it
became Mortgage Now: 1st CAROLINA CORPORATION, CHEMICAL RESIDENTIAL
MORTGAGE CORP., and FIREMAN’S FUND MORTGAGE CORP.,
MANUFACTURER’S HANOVER
UNDERWRITER / SENIOR PROCESSOR (1984-1994)
EDUCATION/SEMINARS
• FHA Mortgage Credit Examiner Certification, 1993
• FHA Mortgage Underwriter-Chums 1994
• VA Underwriting seminars (Sars expired 2009; just need to do test cases to be reinstated)
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