Application Information
Resume:
ARMANDO ZARAGOZA
Los Angeles, CA 90042
Phone: 323-***-****
Email: *************@*****.***
WORK EXPERIENCE
**/**** ** **/**/2014 ALLIANCE ONE MORTGAGE / SR. PROCESSOR
. Processed Purchases and Refinances for
Conventional and FHA, VA loans
. Gathered documents from Borrowers Bank
Statements, Tax Returns, 1003, Purchase
Contracts
. Submitted loan files to Lender to be Underwritten
. Followed Guidelines of Fannie Mae and Freddy Mac,
FHA, VA files
12/01/2012 to 10/19/2013 WELLS FARGO HOME MORTGAGE /Underwriter
. Underwritten Home Loans for Refinance
Conventional/Harp
A Paper, Self Employment, Wage Earner, Rental
Income
. Evaluated loan risk by verifying loan
application information; verifying
application information against loan criteria
guidelines and standards.
. Clarifies risk by requesting additional
information.
Verified all information on application
matches with documentation in approving loan
for refinance Conventional and Harp
Review Financial Statements, Tax Returns,
Credit, Bank Statements, Debt Ratios, LTV,
CLTV in determining file fits in Lenders
Guidelines in approving loan.
. Review Credit Reports for borrowers Credit
History
. Determined exceptions on borrowers with less
than good credit
. Determined Risk factor for Lender and Borrower
by reviewing Capacity of paying back loan
Credit and Collateral
03/2012 to 08/2012 ADECCO/ TEMP ASSIGNMENT/QA/BANK OF AMERICA
. Bank of America /Auditor/SFO Department
. Audited declined and approved loan
modifications
. Validated if underwriter used proper
policies and procedures in declining and
approving modifications
. Reviewed income calculations by
underwriter to validate if calculations were
calculated properly.
Validated if underwriter also used Hamp and
all Forbearance guidelines in underwriting file.
05/2011 to 03/2012 Promontory Financial Group, Orange, CA
Randstad Staffing/Temp Assignment
Independent Foreclosure Review
Complaint Review QA Analyst
. Analyzed Independent Foreclosure Review Claims
. Worked directly under OCC/Treasury Department
validating complaints from customers using Documents
provided by Servicer.
. Validated if all waterfalls were followed in reviewing
Borrower for modifications, HAMP, Special Forbearance,
Forbearance and Foreclosure
. Validated if Servicer followed regulations in cases of
Bankruptcy, Chapter 7 and 13.
. Validated Income Calculations in reviewing Borrower
for Modification.
. Constructed detailed reports on findings according to
specifi directives
. Knowledge of HAMP, Mortgage Servicing, Foreclosure,
Collections, Loss Mitigation, Forbearance and Special
Forbearance Modifications Bankruptcy.
.
01/2010 to 03/2011 Adecco Temp assignment/Bank of America VA Vendee
Department
Underwriter/Sr. Processor
. Underwritten and Processed Files for VA Vendee Purchases using VA
Guidelines
. Determined Risk Factor by reviewing Capacity, Credit, and Collateral
. Reviewed Debt Ratios, LTV CLTV Credit, Reserves, Purchase Contracts,
Hazard Insurance,
. Verified all information on application matches with documentation
provided
. Review Credit Reports for borrowers Credit History
. Verify the funds for down payment and closing fees
.
07/2003 to 011/2009 Fremont Lending /Underwriter
. Underwriten Subprime and A Paper loans for refinance and purchase
. Evaluated loan risk by verifying loan application information;
verifying application information against loan criteria guidelines and
standards.
. Reviewed Credit Reports for borrowers derogatory trade lines /followed
investors policies and procedures in approving and declining loan
. Determined exceptions on borrowers with less than good credit
. Provided loan control information by collecting, analyzing, and
summarizing data and trends.
09/1990 to 06/2003 Metropolitan Transit Authority
. Transported passengers to their destination through out the Los
Angeles County
. Pre tripped buses before departure
. Collected fares and transfers
. Ensured public safety
. Answered passenger questions
. Provided Daily Driver logs
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