TERESA WIMBERLY-CLAY

***** ******* ******* ** ******** TX 77584 480/582-8654 ad1umy@r.postjobfree.com

Skills

MBA Certified Conventional Underwriter

Non-QM/Portfolio Mortgage Underwriter

VA IRRRL / FHA with a DE Underwriter

sign-off

Jumbo Underwriter

Credit & Collateral Underwriter

Data Integrity / Time Manager

Analyze complex income & tax returns

Credit / Fraud / Risk Analyst

Mentor / Trainer

Quality Assurance / Auditor

Due Diligence Underwriter

Mortgage Work History

Senior Underwriter 2/2015 to 9/2023

Sutherland Mortgage (Suntrust Mtg / DR Horton Mtg / Arch MI /Flagstar Mtg/American Pacific Mtg / National MI) – Houston, TX

● Products: FNMA, FHLMC, Jumbo, VA IRRRL - purchase and refinances

● Underwrote purchases and refinances for a high volume top US home builder and Mortgage lenders

● Great working knowledge of credit procedures, creditor financial analysis techniques and investor requirements for products

● Ability to review accurately all loan components in the loan for completeness and integrity while ensuring loan documents are consistent with upholding lender and industry guidelines

● Utilize and examines lender products and investor manuals daily to ensure compliance with all updates and guidelines

● Effectively communicate and engage proactively with all parties of the loan in regards to loan decisions, assignment of loan conditions, investor guidelines/documentation requirements and loan scenarios

● Ability to underwrite appraisals verifying adjustments, calculations and comparables by meeting lender/investor requirements. Utilizing appraisal tools such as Collateral Underwriter and LoanSafe to compare with the actual appraisal

● Addressing appraisal discrepancies by requesting appraiser to make comments &/or corrections to the report

● Ability to recognize risk factors that may compromise the overall quality of the loan by offering counteroffers, restructuring declined loans and/or alternative solutions.

● Aid in the resolution of pre/post-closing loan deficiencies by assisting QC Auditors in addressing salability issues

● Team Lead assigning tasks to associates, staffed projects, tracked progress and updated managers, partners and clients as necessary.

Mortgage Credit Analyst 8/2014 to 12/2014

American Mortgage Consultants - Tampa, FL

● Products: Manual, Jumbo & Non-QM Underwriting

● Ability to switch between different loan products adhering to each specialty guidelineKnowledge

● High producer with attention to quality

● Documenting loan conditions and communicating requirements and/or decisions

● Identifies portfolio risks resulting from client’s underlying business practices, underwriting and/or fraud exposure

● Strong commitment to customer service and satisfaction

● Ability to plan ahead and meet deadlines on time

● Reviewing loan files for completeness and accuracy

● Analyzing credit documents, including but not limited to mortgage applications, credit history and income documents, title documents, appraisals, and all applicable documents

● Calculate income with special assignment to self-employed individuals with multiple businesses &/or rental properties

● Evaluate debt ratio, loan-to-ratios, credit score, and property valuations Due Diligence Analyst 10/2013 to 8/2014

RMG - Phoenix AZ

● Products: FNMA & FHLMC Conventional underwrites

● Loan file and document reviewed in accordance with investor and lender guidelines

● Analyzed credit documents including mortgage applications, property appraisals, credit history, income documentation, title documents and all other applicable compliance documents to ensure borrower qualification guidelines were met

● Verified data against investor and lender guidelines at the time of initial underwrite looking for any issues that may affect the salability of the loan to the investor &/or possible resolutions

● Findings were documented and reported

Mortgage Risk Analyst 06/2013 to 10/2013

Chase - Silicon Valley Staffing – Phoenix, AZ

● Products: FNMA & FHLMC & Combos - purchase and refinances

● Assigning lending authorities to new hires and returning credit and collateral (appraisal) underwriters by auditing currently underwritten loans

● Mentored underwriters in the bottom 10% of monthly QC audited loans by auditing current loans for errors and coaching them to elevate skills to lender standards

● Aid in the resolution of pre/post-closing loan deficiencies by assisting QC Auditors in addressing salability issues

● Supplied operational support for high-volume financial institution Portfolio Mortgage Underwriter 01/2012 to 05/2013

Sierra Pacific Mortgage – Phoenix, AZ

● Products: FNMA, FHLMC, Jumbo, Combo, Private Investor - purchase and refinances

● Great working knowledge of credit procedures, creditor financial analysis techniques and investor requirements for products underwritten

● Ability to review accurately all loan components in the loan for completeness, and integrity while ensuring loan documents stay consistent and uphold lender and industry guidelines

● Utilize and examines investor manuals daily to ensure compliance with all updates and guidelines

● Perform complex income and tax return analysis through review of personal & business tax returns, Financial statements, and leverage

● Underwrite high risk and complex income consumer requests and products within lender and industry guidelines

● Ability to recognize risk factors that may compromise the overall quality of the loan by offering counteroffers, restructuring declined loans and/or alternative solutions.

● Aid in the resolution of pre/post-closing loan deficiencies by assisting QC Auditors in addressing salability issues

● Ability to underwrite appraisals verifying adjustments, calculations and comparables by meeting lender/investor requirements. Utilizing appraisal tools such as LoanSafe to compare with the actual Appraisal

● Addressing appraisal discrepancies by requesting appraiser to make comments &/or corrections to the report

● Trained new underwriters on company system software and lender guidelines and procedures

● Supplied operational support for high-volume financial institution Underwriter 10/2010 to 01/2012

SunTrust Mortgage Randstad US – Phoenix, AZ

● Products : FNMA & FHLMC including purchase, refinance & Jumbo loans

● Great working knowledge of credit procedures, creditor financial analysis techniques and investor requirements for products underwritten

● Ability to review accurately all loan components in the loan for completeness, and integrity while ensuring loan documents stay consistent and uphold lender and industry guidelines

● Utilize and examines investor manuals daily to ensure compliance with all updates and guidelines

● Effectively communicate and engage proactively with all parties of the loan in regards to loan decisions, assignment of loan conditions, investor guidelines/documentation requirements and loan scenarios

● Calculate income with special assignment to self-employed individuals with multiple businesses &/or rental properties

● Underwrite high risk and complex income consumer requests and products within company and industry guidelines

● Ability to recognize risk factors that may compromise the overall quality of the loan by offering counteroffers, restructuring declined loans and/or alternative solutions

● Aid in the resolution of pre/post-closing loan deficiencies by assisting QC Auditors in addressing salability issues

● Ability to underwrite appraisals verifying adjustments, calculations and comparables meeting lender/investor requirements. Utilizing appraisal tools such as LoanSafe to compare with the actual appraisal

● Addressing appraisal discrepancies by requesting appraiser to make comments &/or corrections to the report

● Performed underwriting pre & post audits on loans prior to closing

● Trained incoming underwriters on company system software and company guidelines and procedures

● Supplied operational support for high-volume financial institution

● Assigned tasks to associates, staffed projects, tracked progress and updated managers, partners and clients as necessary

Underwriter II 02/2009 to 06/2010

Wells Fargo Home Mortgage Accountemps – Tempe, AZ

● Products: : FNMA, FHLMC, VA IRRRL refinance including HARP

● Great working knowledge of credit procedures, creditor financial analysis techniques and investor requirements for products

● Ability to review accurately all loan components in the loan for completeness, and integrity while ensuring loan documents stay consistent and uphold lender and industry guidelines

● Utilize and examines investor manuals daily to ensure compliance with all updates and guidelines

● Effectively communicate and engage proactively with all parties of the loan in regards to loan decisions, assignment of loan conditions, investor guidelines/documentation requirements and loan scenarios

● Calculate income with special assignment to self-employed individuals with multiple businesses &/or rental properties

● Ability to recognize risk factors that may compromise the overall quality of the loan by utilizing additional software tools and fraud detection techniques &/or offering counteroffers, restructuring declined loans or alternative solutions

● Aid in the resolution of pre/post-closing loan deficiencies by assisting QC Auditors in addressing salability issues

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