Mortgage Loan Processor
Resume:
Arnie Johnson
Boca Raton, FL 33428
*************@*****.***
Objective
I am seeking a position in the mortgage industry, where I can use my 25 years of mortgage back office experience to advance the productivity in the company for which I work.
Major Accomplishments
As V.P. of Operations, I helped the company’s growth in many areas by running the full operations of the brokerage. We went from two main office to an office of 15 loan officers and two loan processor in a matter of two year's. I also worked due diligence loans in the secondary market. Underwrite and process loans with such lenders as Nations Bank, Countrywide, Long Island Savings and Columbia Federal Savings.
Experience
Vanguard Funding LLC-Boca Raton, FL October 2015-Present Mortgage loan Processor
● Processed Conventional and FHA purchase money loans and refi.
● Managed pipeline of 20-25 loans.
● Performed a thorough review and analysis of credit, employment,income and assets.
● Worked with encompass LOS, Reviewing and updating.
● Submitted loans to underwriting for approval.
● Run DU and LP
● Review, title report, and appraisal.
● Cleared conditions and submit loan for final review. US Mortgage of Florida-Boca Raton, FL July - October 2015 Mortgage Processor
● Processed Conventional and FHA purchase money loans.
● Managed pipeline of 20-25 loans.
● Performed a thorough review and analysis of credit, employment,income and assets.
● Worked with encompass LOS, Reviewing and updating.
● Submitted loans for underwriting with various lenders for approval.
● Run DU and LP
● Review title report and appraisal.
● Cleared conditions and submit loan for final review. Digital Risk LLC- Boca Raton, FL June 2014 - June 2015 Senior Mortgage Processor ( SASE Level II )
● Processed Conventional Mortgage Loans.
● Manage pipeline of 30 plus loans by report within allotted turn-around times
● Performed a thorough review and analysis of credit, employment, income and assets.
● Update information in LOS with corrected information from document review.
● Update taxes and insurance information in LOS.
● Run AUS, print 1003 and 1008 before submitting file for conditional underwriting review.
● Clear underwriting conditions from borrower and third parties at SASE level.
● Communicate with all parties involved in transaction, document in communication log.
● Order appraisal, title, payoffs, employment and asset verifications for review from third parties.
● Submit files for final underwriting approval.
● Set up closing with borrower and settlement agent.
● Review HUD (settlement statement ) with borrowers. Wells Fargo Home Mortgage – Raleigh, NC April 2012 – December 2013 Mortgage Specialist IV
● Processed Conventional, FHA, VA, and USDA loans
● Reviewed loan files submitted by HMC’s for correctness and completeness
● Updated LIS mortgage system
● Performed income calculations and verified POC fees
● Submitted files for initial underwrite within 48 hours
● Reviewed approval conditions, made welcome calls to borrower, and discussed approval conditions with borrower
● Reviewed title report and appraisal for accuracy
● Communicated with HMC and borrower on the progress and where the loan is in the process
● Ordered updated HOI, payoffs, and VOE’s
● Kept accurate loan notes on communications with all parties
● Submitted file for final underwrite
● Upon clear to close, informed HMC, borrower and settlement attorney to arrange for closing date and time Franklin First Financial Ltd. – West Hempstead, NY April 2009 – March 2012 Mortgage Specialist
● Calculated and completed all mandatory state high cost testing and verified that lock expiration dates and loan programs were in compliance for closing
● Ordered title and reviewed scheduled closings with necessary title and or attorneys
● Ensured that preliminary Hud-1 forms were received and reviewed
● Completed all Truth and Lending (TIL) restitutions for all final loan files
● Completed necessary Power of Attorney (POA) processes, including reviewing for accuracy and completion
● Met and exceeded monthly goal as volume dictated
● Ensured all loan documents were received by closing agent in a timely matter
● Extensive experience in communication with Attorney/Broker and Title companies
● Verified client ratios using income and credit (dti)
● Ordered loan payoffs
Topdot Mortgage – Bethpage, NY March 2008 – April 2009 Mortgage Specialist
● Calculated and completed all mandatory state high cost testing and verified that lock expiration dates and loan programs were in compliance for closing
● Ordered title and reviewed scheduled closings with necessary title and or attorneys
● Ensured that preliminary Hud-1 forms were received and reviewed
● Completed all Truth and Lending (TIL) restitutions for all final loan files
● Completed necessary Power of Attorney (POA) processes, including reviewing for accuracy and completion
● Met and exceeded monthly goal as volume dictated
● Ensured all loan documents were received by closing agent in a timely matter
● Extensive experience in communication with Attorney/Broker and Title companies
● Verified client ratios using income and credit (dti)
● Ordered loan payoffs
Northeast Equities Funding Corp. – Rego Park, NY September 2000 - March 2008 Vice President of Operations
● Processed loans for submission to our various lenders
● Ordered credit reports, appraisals and title reports
● Reviewed credit, appraisals, and income docs. and title reports for completeness
● Worked up loans in L/P, D/O and lenders AUS
● Used word and excel in writing letters and keeping log to follow loan progress to funding
● Reviewed office staff for productivity and efficiency
● Approved staff hours and payroll
● Structured borrowers loans according to borrowers needs
● Making sure loans complied with lender and regulatory guidelines Education
Suny Buffalo – Buffalo, NY
Contact this candidate