MELINDA ALMENDRAL

acxm8r@r.postjobfree.com 925-***-****

Summary

A dedicated career professional, with more than 10 years of Mortgage and Real Property experience. Looking to expand my career as an Underwriter. My experience includes: Financial Analysis, Underwriting, Processing, Closing, Funding, Financial Documents Management, Loss Mitigation, Mortgage origination, pre-qualification including, Developing Solutions, Real Estate agent, Marketing, Process Improvement, and Tactical/Strategic Planning.

EXPERIENCE

Recovco Mortgage Management

Sept 2016 to Current Temp. Position

Underwriter 09-2016

Remote Review and analyze borrower profiles, tax returns, title reports, credit reports, income documentation and appraisal products in accordance with investor guidelines.

Evaluate debt ratio, loan-to-value ratios, credit score, property valuation and various other factors (including risk issues and potential fraud).

Assist in identifying and recommending alternative loan products and/or loan-structuring solutions.

Review and analyze special conditions, loan deficiencies and exception requests to determine the appropriate action.

Assist branch personnel with technical underwriting issues, problems and/or questions.

Submit files through DU and LP and interpret findings in written loan approvals.

Underwrite and condition loans according to lender requirements and credit quality.

Review appraisals for accurate property valuation.

Ensure documentation adequately supports credit decision.

Issue loan approvals or professionally written adverse action notifications.

Meet any daily production quotas as assigned by supervisor

RPM Mortgage, Inc.

Apr 2015 to May 2016

Underwriter

Alamo, CA

Review and analyze borrower profiles, tax returns, title reports, credit reports, income documentation and appraisal products in accordance with investor guidelines.

Evaluate debt ratio, loan-to-value ratios, credit score, property valuation and various other factors (including risk issues and potential fraud).

Assist in identifying and recommending alternative loan products and/or loan-structuring solutions.

Review and analyze special conditions, loan deficiencies and exception requests to determine the appropriate action.

Assist branch personnel with technical underwriting issues, problems and/or questions.

Properly assess and respond to fraud indicators, escalating to the Director of Conventional Underwriting when warranted.

Submit files through DU and LP and interpret findings in written loan approvals.

Underwrite and condition loans according to lender requirements and credit quality.

Review appraisals for accurate property valuation.

Ensure documentation adequately supports credit decision.

Issue loan approvals or professionally written adverse action notifications.

Underwrite loans up to $850,000 without second signature.

Meet any daily production quotas as assigned by supervisor

Bank of America

Apr 2011 to Apr 2014

Underwriter and Processor 07-2012 – 04-2014

Loss Mitigation CRM 04-2011 - 06-2012

Concord, CA

Performed underwriter duties, review all loan packages, appraisal, employment, prelim, credit report, income, asset documents, Tax returns, Financial statements, underwriting signing authority. Assess the quality of the borrower all the way from application, all financial documents to funding and closing the loan.

Processed modification, short sale, foreclosure, deed in lieu, bankruptcy and 1003’s for Mortgagor. Researched applicants files as needed, Audited client files prior to submittal.

Prequalified mortgagor for home loan/refinance, order appraiser, order credit reports Results: Submitted Loan Packages with 98% accuracy. LES and Retail teams, closed over mil. Loan’s in the last 3 years. My monthly avg. 15 loans.

Eagle Shield

Dec 2010 to Apr 2011

Marketing Team Member

Dublin, CA

Manage and motivate a lead generation team. Prepare daily appointments and management reports. Book appointments for energy audits with business owners and homeowners. Market Eagle Shield products and services at trade shows.

Created/Managed Marketing Plans, Planned & Organized Marketing Events, Overseen entire Company Marketing Strategy. Results: Account growth to over $1 M.

Wachovia, FSB/Wells Fargo Bank

Aug 2008 to Jul 2009

Loss Mitigation Mortgage Counselor and Processor

San Leandro, CA

Managed the underwriting and processing of Loan Documents. Originated mortgage loans through portfolio referrals, prequalification, application disclosures, product suitability, and deal structuring.

Re-structured loans through FHA/VA government insured products and conventional standard Fannie Mae conforming and conforming jumbo products. Ensured compliance with bank policies and regulatory standards, including REG. Z, RESPA, and HMDA Results: Consistently achieved top performer status out of 85 other Counselors and Consultants. Maintained 2% abandoned rate.

Property Maxx/First Choice Mtg.

Jan 2002 to Aug 2008

Loan Officer, Processor, Realtor and Trainer

Dublin, CA

Managed team of mortgage loan officers, real estate agents and processors, selling residential commercial and Mortgage Loans. Worked closely with account reps and staff to ensure best interest for borrowers.

Managed all company profits and advertisements, all areas of solicitation such as cold calling and tenuous client follow-ups. Results: Built business from ground up, taking sales from zero to funding on average $3M per month.

KEY SKILLS

MS Office

QuickBooks

Applied Systems

Salesforce Software

Loan Origination

Financial Analyst

Document Management

Office Management

Keep current on FHA, Freddie Mac and Fannie Mae Guidelines

Team Leadership

Accounting

Mortgage Professional

SharePoint Software

NMLS number

Underwriting

Processing

Calyx Point

Encompass

Keep current on Dodd Frank regulations

EDUCATION

Chabot College, Hayward, CA - Finance 1976 to 1978

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