Nidhi Gambhir

McKinney, TX 612-***-**** ad25lm@r.postjobfree.com

Professional Summary

Mortgage Underwriter with strong analytical and logical abilities with a decade plus experience in the mortgage industry and multifamily and affordable housing. Self-Motivated, Efficient and Organized underwriter with excellent communication skills. Continuous top performer closing 55+ loans in a month. Credit Analyst with background in reviewing credit bureau reports, income documents, mortgage insurance, tax returns, sales contracts, appraisals, trust documents, hazard insurance, power of attorney, title documents, solar panel lines to pace lines, divorce decrees and knowledge in issuing credit approvals and more. Areas of Expertise

LTV & DTI Analysis * Income Calculation and Financial Statements Expertise * Refinance and Purchase * Delayed financing loan* Grant Loans* Risk Assessment * Asset Review * Credit Analysis * Condition Review * Loan to Value and Debt to Income Ratios * Conventional Loans

(FNMA/FHLMC) * Loan closing, Funding & Documentation * Loan Beam and Fraud Guard * 10 + years of banking and mortgage lending experience * 5 + years of experience on encompass, originate and origin * 2 years of experience with CRM tools like Salesforce *2 Years experience with Empower, Proficiency in Microsoft Office - Excel, Word, Outlook and PowerPoint. Career Experience and High Yield Milestones

Conventional and Multifamily Real Estate Underwriter Infosys BPM 03/2022-Present

● Determine documents and sets underwriting conditions, reviews, evaluates and synthesizes data to ascertain loan viability, identify risk issues and potential fraud.

● Reviewed/Analyzed/Compare XML/Json data to see if it is commensurate with traditional loan file documentation as per the FNMA Selling Guide (pay stubs and W2s).

● Adhered to FNMA NPI standards and articulate observations, identify trends and patterns and summary results to management

● As a Real Estate Underwriter, directly Underwrite residential portfolio mortgage, construction and Heloc to Banks policies, procedures and standards.

● Present facts to Commercial Relationship managers (CRM) concerning credit worthiness. Review, analysis and risk assessment of personal and business entity financial statements, credit reports and supporting data for most non -complex borrowing entities under Underwriting Managers supervision.

● Underwrite Home street’s Fannie Mae or portfolio loans as needed. Underwrite Loan assumption and modification requests

● Evaluate credit worthiness of borrowers to render a credit decision. This includes but is not limited to the review of paystubs, W2s, financial statements, trust documents, sales contracts, tax returns, asset statements, bank account statements, credit reports, property title, deed of trust, hazard insurance, mortgage insurance, Power of attorney etc. to ensure compliance with investor guidelines

● Attend Client/bank meetings to develop a better understanding of the company and assess management.

● Effective time management and perform in accordance to the bank’s efficiency standards.

● Review property appraisals for accurate property valuation.

● Develop and maintain an up to date and sound knowledge of multiple loan product guidelines offered by the lender, DU/LP guidelines and risk assessment tools used for decision in mortgage loans.

● Perform thorough analysis of applicant’s income and expense data, asset documentation, sales contracts, credit reports and property valuations in order to confirm if the borrower qualifies for loan.

● Calculate qualifying ratios, determined credit worthiness and provide risk opinion

● Use deep knowledge in financial analysis to accurately determine the financial condition of the applicants.

● Deep knowledge of resolving issues from solar panel liens to pace liens and more. Conventional and Multifamily RE Underwriter

03/23/20 - 01/10/22

Stearns Lending Lewisville, Texas

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● Closed on average 55+ loans on a monthly basis - earning top performer awards consistently.

● Determine documents and sets underwriting conditions, reviews, evaluates and synthesizes data to ascertain loan viability, identify risk issues and potential fraud

● Reviewed credit reports, property appraisals for accurate property valuation, trust documents, income documentation, tax returns, asset documentation and title reports to ensure compliance with investor guidelines.

● Develop and maintain an up to date and sound knowledge of multiple loan product guidelines offered by the lender, DU/LP guidelines and risk assessment tools used for decision in mortgage loans.

● Perform thorough analysis of applicant’s income and expense data, asset documentation, credit reports and property valuations in order to confirm if the borrower qualifies for loan.

● Calculate qualifying ratios, determined credit worthiness and provide risk opinion

● Use deep knowledge in financial analysis to accurately determine the financial condition of the applicants.

Lending Specialist 02/13/2019 - 03/20/2020

Brazos National Bank Carrollton, TX

● Active NMLS license; conducted business in all 50 states.

● Utilized Salesforce and Encompass systems.

● Averaged taking 20 transferred calls per day and 30 loan submissions per month.

● Ensured compliance with all lending laws and regulations.

● Carefully inspected findings in DU/DO underwriting systems.

● Proficient in FHA, Home Equity and Conventional loan programs (Full Document and Streamline options).

Mortgage Specialist 02/13/2017 - 12/15/2018

Bank of America Plano, Texas

● Executed a “one call close” in a highly competitive call center environment and converted 60% of calls into applications.

● Ensured compliance with all lending laws and regulations.

● Carefully inspected findings in DU/DO underwriting systems.

● Active NMLS license; conducted business in all 50 states.

● Proficient in VA, FHA, Home Equity and Conventional loan programs (Full Doc. and Streamline options).

Loan officer 10/01/2014 - 02/10/2017

Brazos National Bank Carrollton, Texas

● Recommended loan approvals and denials based on customer loan application reviews and conducted credit, underwriting and financial analysis to qualify clients for loan programs.

● Diligently closed conventional and FHA loans on average 25-30 units per month. Compiled with regulatory requirements, USA Patriot Act, Privacy Act.

● Offered friendly customer service and obtained sales commitment when negotiating multiple loan products and options with new and repeat borrowers.

● Developed and maintained successful relationships with business referral sources and local real estate agents and created strategies to develop and expand existing customer sales which resulted in increase to annual sales.

Junior Underwriter 05/01/2012 - 10/01/2014

Dream Home Mortgage (Sub division of Brazos National Bank) Carrollton, Texas

● Review credit reports, appraisals, income documentation, asset documentation and title reports to ensure compliance with investor guidelines.

● Develop and maintain an up to date and sound knowledge of multiple loan product guidelines offered by the lender, DU/LP guidelines and risk assessment tools used for decision in mortgage loans.

● Perform thorough analysis of applicant’s income and expense data, asset documentation, credit reports and property valuations in order to confirm if the borrower qualifies for loan.

● Calculate qualifying ratios, determined credit worthiness and provide risk opinion

● Evaluate credit worthiness of borrowers to render a credit decision. This includes but is not limited to the review of paystubs, W2s, financial statements, tax returns, asset statements, bank account statements, credit reports, etc. Certifications

● Commercial Lending

● Scrum Master Certified

● Data Privacy Compliance & Assessment

● I SAFE

● IBPM Knowledge Management Certification

Education

MBA Finance 2005 (Symbiosis Pune, India).

Masters of Commerce Major Finance 2003 (Shimla University, Shimla, India).

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