Ricardo Castillo

**** ***** ****

Crosby, TX ****2

Phone 281-***-****

E-mail: ad2egl@r.postjobfree.com

Career Summary and Highlights

Experienced, diversified credit professional and Vice President/Commercial Real Estate Lender/Underwriter; Consumer Lender/Underwriter for two national banks, two independent banks and a Houston CDFI (Community Development Financial Institution) where new and aspiring small business owners sought nontraditional financing. Experienced as a Special Assets Division Workout Specialist, Credit Manager/Accounts Receivable Manager for a Full Line Food Service Distributor and Title Company Escrow Assistant. Knowledgeable and effective in all phases of Commercial and Consumer Credit Underwriting, Collections, Credit Policies and Procedures while retaining existing clients and maintaining customer good will in a competitive market.

oFormal Bank Credit Training that consisted of learning the quantitative analysis of all client financial data to determine the creditworthiness and repayment capacity of commercial enterprises as well as of all owners.

oExtensive knowledge of Real Estate Lending, Interim Construction Lending, Construction Lending, all phases of Consumer Lending and collections.

oExceptional understanding of small business, nonprofit, and commercial real estate loans, including appraisals and land surveys.

oStrong verbal and written communication skills. Bilingual English and Spanish. Positive, Flexible and Adaptable within an organization’s corporate culture.

oExperienced Escrow Assistant with knowledge and experience solving pre and post-closing issues, pertinent to closing the sales transaction.

oRecruited, selected and proficient underwriter at Chase Bank’s fast paced regional call center servicing all types of small business loans and consumer loans.

oTexas Bankers Association Lending School graduate, Austin, Texas.

Professional Experience

Houston Business Development, Inc a CDFI and 501(c) (3) Corporation

Feb. 2017 – Oct. 2019

Business Consultant/Underwriter Responsibilities

Manager of the Business Information Center (BIC) a resource center and focal point of the organization as a CDFI for prospective clients and aspiring entrepreneurs. I effectively leveraged resources including commercial bankers, SCORE mentors and an on-site computer center resulting in a 100 percent increase in educational offerings and workshop presentations for prospective and existing clients.

Reviewed and Underwrote credit requests analyzing business financials, business reports, consumer bureaus, Title commitments, surveys, pertinent financial and credit data determining the risk of the loan, adequacy of collateral and repayment ability of prospective borrowers.

Identified, implemented and maintained tracking of program specific goals and initiatives, including community impact plus CDFI specific demographics for each visitor to the BIC, including OTP (Other Targeted Populations as well as assisting with general SBA loan processing.

Guided clients of all educational levels and backgrounds to the appropriate small business mentor programs available, planned and scheduled workshops sponsored by Houston Business Development, Inc. in partnership with area banks, attorneys and business partners.

Effective in communication between, Loan Administration, Loan Documentation & Funding Control plus other departments involved in the loan process.

American Title Company, Crosby Branch / Law Office of Donna S. Heinlein PLLC

Jan. 2014 – Jan. 2017

Escrow Assistant

Open new files by reviewing Earnest Money contracts for data entry and allocating buyer/seller costs.

Prepare Closing Disclosure or HUD 1 per new TRID guidelines and review for proper closing cost allocation.

Review Commitment for Title defects and issues and determine curative documents necessary to close.

Communicate to buyers’ curative documents necessary to resolve and close sale transactions.

Order and track all Surveys and submit to corporate examiners for approval.

Maintain closing files and document all stages of the closing process.

Close escrow accounts by balancing and disbursing funds.

Submit all documents for electronic filing and recording.

Saldivar Insurance Agency, Houston, TX - (Part Time Employment)

Oct. 2013 – Jan. 2014

Contract Part Time Insurance Agent assisting agents with sales, solicitations, collections and property inspections for Agency Owner.

Newport Golf and Conference Center, Crosby, TX - (Part Time Employment)

Mar.2009 – Oct. 2013

Golf Shop Assistant for resident Golf Professional assisting with daily operations, golf tournaments and managing the on-site fitness center operations and billing.

First Bank & Trust East Texas, Porter, TX

July 2007 – Jan 2010

Vice President Commercial Loan Officer, Commercial Loan Underwriter.

Reviewed and approved commercial loans of all types, consumer loans, home equity, home improvement and mortgage loan applications in a Community Bank environment.

Spread and analyzed financial statements and cash flow information, for approval within lending authority or submission to senior managers or loan committee as specified by credit policy.

Built and grew a commercial loan portfolio of $1.5MM.

Monitored and collected past due loans.

Cleared credit and collateral exceptions as necessary.

Reviewed real estate appraisals and surveys. Closed loans, prepared credit files, collateral files and loan closing files, cleared closing and post closing issues with title companies prior to funding due to the absence of an administrative lending assistant.

Maintained an active calling program and represented bank in community activities.

Reviewed and approved all bills associated with daily branch operations.

THE LAREDO NATIONAL BANK / BBVA COMPASS, Houston, TX

Nov. 2001 – July 2007

Vice President Commercial Loan Officer, Commercial Loan Underwriter

Managed a $21MM Commercial Loan Portfolio plus $4MM in commitments.

Portfolio mix was 85 percent Real Estate Lending to all types of clients and 15 percent asset based lending and approved Consumer Loans of all types.

Reviewed, spread and analyzed financial statements and cash flow information, for approval and submission to senior managers or loan committee as specified by credit policy.

Monitored and collected past due loans. Reduced average past due loans from 15% to .50% with a low of zero past dues.

Reviewed real estate appraisals, surveys and title commitments. Cleared credit, collateral exceptions and title issues as necessary.

Represented the bank at foreclosure sales in Harris and surrounding counties.

Monitored and directed the workflow of an administrative lending assistant.

Maintained an active calling program and community involvement. Assisted the Mortgage department by investigating and approving home builders and contractors.

J.P. Mogan Chase Bank, Houston, TX

June 1998 – Nov. 2001

VP Small Busineess Loan Underwriter, Commercial Loan Underwriter, Chase Auto Finance

Underwrote/approved on average monthly, 130 Loans all types, Consumer loans, Small Business loans, Home Improvement loans, Home Equity loans, Chase Auto Finance loans and Chase Employee loans for Texas and the tri-state New York City area from the Chase Regional Call Center in Houston TX.

Reviewed for approval all follow up documents submitted by the JP Morgan branch network in Texas and Tri-State NYC area and approved per underwriting guidelines.

Review real estate appraisals and surveys. Clear credit and collateral exceptions as necessary.

Chase Auto Finance Indirect lending department, underwriting all other retail loans for Texas and Tri-State NYC area as well as employee loans for the NYC area.

Selected by Department managers as one of five Stockbroker trainee candidates for the Chase Bank broker training program in Houston and NYC.

Education

University of St. Thomas, Houston, Finance and Pre-Law studies.

Texas Bankers Association Lending School graduate - University of Texas Austin

Community Activities

Rotary Club International, Porter, Texas

Advisory Committee Member; Houston Community College Southeast,

Houston East End Chamber of Commerce, Board of Directors

North Channel Area Chamber of Commerce, Chamber Captain

Boy Scouts of America: Scout Master, Treasurer, Committee Member and Eagle Scout advisor. Raven District, Assistant District Commissioner.

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