Loan Processor Los Angeles
Resume:
***** *********** ***., *****, ** ***** Cell # 626-***-**** ************@*****.***
Reynold Stephen L. Yu
Objective
Seeking a job in a sound and stable firm where I can be an asset and advance my career. Experience
02/2022 – 11/2022 Home Funding Corp Rancho Cucamonga Conventional Underwriter
Review all documents required to meet agency guidelines.
Calculate income for ratio
Run DU/LP for agency approval.
Work on stipulation (Conditions)
Send out file Approval/Decline to Loan Processor.
Review stipulation/condition that came in
09/2021 – 02/2022 CMAC Lending Los Angeles, CA
Remote Underwriter
Review all documents required to meet agency guidelines.
Calculate income for ratio
Run DU/LP for agency approval.
Work on stipulation (Conditions)
Send out file Approval/Decline to Loan Processor.
Review stipulation/condition that came in
11/2020 – 8/2021 Plains Commerce Bank South Dakota Remote Underwriter
Review all documents required to meet agency guidelines.
Calculate income for ratio
Run DU/LP for agency approval.
Work on stipulation (Conditions)
Send out file Approval/Decline to Loan Processor.
Review stipulation/condition that came in
11/2019 – 10/2020 Compass Lending Group Buena Park, CA Contract Underwriter
Review all documents required to meet agency guidelines.
Calculate income for ratio
Run DU/LP for agency approval.
Work on stipulation (Conditions)
Send out file Approval/Decline to Loan Processor.
Review stipulation/condition that came in
Cell # 626-***-**** *********@*****.***
Reynold Stephen L. Yu
2
8/05/2019 – 08/30/2020 General Mortgage Capital Corporation San Gabriel, CA Sr. Loan Processor
Review all documents to check integrity of the file such as paystub, W-2’s, etc…
Pre-underwrite file.
Submit file to Underwriter for initial Approval.
Work on stipulation (Conditions)
Send out disclosures.
Work on any Funding condition
09/17/2018 – 2/28/2019 Kingston Mortgage Corp Arcadia, CA Sr. Loan Processor
Review all documents to check integrity of the file such as paystub, W-2’s, etc…
Pre-underwrite file.
Submit file to Underwriter for initial Approval.
Reach out to Borrower(s) for all needed documents to complete file.
Monitor file until loan funded.
Recruit Mortgage Loan Officer.
Create company niche program
05/01/18 – 09/15/2018 Compass Lending Group Buena Park, CA Sr. Loan Processor
Review all documents to check integrity of the file such as paystub, W-2’s, etc…
Pre-underwrite file.
Submit file to Underwriter for initial Approval.
Reach out to Borrower(s) for all needed documents to complete file.
Monitor file until loan funded.
10/2015 – 02/07/2018 Nationstar Mortgage LLC dba Mr. Cooper Santa Ana, CA Sr. Loan Processor
Review all documents to check integrity of the file such as paystub, W-2’s, etc…
Submit file to Underwriter for initial Approval.
Reach out to Borrower(s) for all needed documents to complete file.
Prepare file for funder to draw loan documents.
07/2010 – 10/2015 Capstone Lending Corp Buena Park, CA Liaison/Underwriter/Secondary Marketing
Underwrite files whenever there is job overload.
Review and underwrite loan files to check integrity of the file such as paystub, W-2’s, etc…
Perform Quality Control
Received and confirmed rate lock from and to Broker.
Lock file with the investors
Coordinate and update Brokers/Borrowers with loan approval and conditions Cell # 626-***-**** *********@*****.***
Reynold Stephen L. Yu
3
References
Len McFadden Owner/President – McFadden Realtors 562-***-**** Steve Kim Owner/President – Compass Lending Group 714-***-**** Marc Luas Owner/President – S&L Mortgage 562-***-****
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