Mortgage Underwriter Loan

Venessa E. Ramos

Upland, CA ***** 951-***-**** *.*********@*****.*** https://www.linkedin.com/in/venessa-ramos-67724126a/

Mortgage Underwriter

Highly skilled Mortgage Underwriter with a successful track record of meticulously evaluating loan applications from non-agency sources, ensuring compliance with lending guidelines, and minimizing risks to maintain the bank's portfolio standards. Proficient in conducting complex credit investigations and formalizing thorough documentation while aligning with company and industry guidelines. Demonstrated expertise in evaluating credit reports, ratios, and supporting documentation using both automated scoring systems and traditional underwriting techniques. Strong communicator and trainer with a comprehensive understanding of mortgage underwriting and risk assessment.

Areas of Expertise

Mortgage Underwriting Credit Analysis Regulatory Compliance Risk Management Credit Investigations

Training & Development Secondary Market Requirements Fannie Mae & Freddie Mac Appraisal Guidelines

Exception Review Financial Analytics

Professional Experience

Union Bank, Remote, CA 2021 - 2023

Portfolio Non-Agency Mortgage Underwriter

Assessed and evaluated mortgage loan applications from non-agency sources, ensuring compliance with lending guidelines and mitigating risks while maintaining the bank's portfolio standards.

Evaluated credit reports, applicable ratios and other supporting documentation; using an automated scoring system or traditional underwriting to determine acceptability of loan requests for products within company and industry guidelines.

Conducted complex credit investigations and analyzing diverse credit information for loans; analyzed/formalized documentation of loan transactions and/or credit history of customers.

Chase Bank, Remote, CA 2021 - 2021

Agency & Non-Agency Mortgage Underwriter

Meticulously reviewed and analyzed mortgage loan applications from both agency and non-agency sources, adhering to regulatory guidelines, minimizing risk exposure, and making informed decisions to support the bank's lending objectives.

Successfully evaluated credit reports, ratios, and supporting documentation using automated scoring systems and traditional underwriting techniques, resulting in precise determinations of loan acceptability, fully aligning with company and industry guidelines.

Completed comprehensive credit investigations, proficiently analyzing diverse credit information for loans, and skillfully formalized thorough documentation of loan transactions and customer credit histories, ensuring accuracy and compliance with established standards.

Citizens Bank, Remote, CA 2021 - 2021

Conforming Mortgage Underwriter

Reviewed and assessed conforming mortgage loan applications, ensuring adherence to regulatory guidelines and bank policies while mitigating risk, to facilitate timely and accurate loan approvals for eligible borrowers.

Reviewed retail sales generated mortgage application submissions and evaluated for credit, income and asset risk.

Wells Fargo Bank, San Bernardino, CA 2015 - December 2020

Non-Agency Mortgage Underwriter IIII

Evaluated and analyzed non-agency mortgage loan applications, applying extensive knowledge of industry standards and internal guidelines to make sound underwriting decisions and minimize risk exposure, while efficiently processing and approving loans for eligible borrowers.

Demonstrated exceptional proficiency in evaluating credit reports, ratios, and supporting documentation using automated scoring systems and traditional underwriting techniques, resulting in precise determinations of loan acceptability that consistently aligned with company and industry guidelines.

Conducted complex credit investigations and analyzing diverse credit information for loans; completed documentation of loan transactions and/or credit history of customers.

Contacted sales partners to gather information to make appropriate decisions. Providing support to calling sales officers and coordinating activity in support of credit approval process.

Applied knowledge of standard underwriting procedures, creditor financial analytics techniques. Reviewed and interpreted credit report.

Calculated applicable ratios to determine affordability, credit utilization, asset coverage etc.

Implemented fraud detection and prevention techniques; Provided training or reviewed work quality for other underwriters.

Union Bank, Brea, CA 2013 - 2015

Sr. Retail Mortgage Underwriter III

Evaluated and analyzed residential loan packages submitted for approval to Union Bank and possible sale in the Secondary Market. Determined borrower’s credit worthiness and acceptability of properties offered as security in real estate loan transactions.

Analyzed and underwrote complex, high risk loan applications. Evaluated possible loans for the Secondary Market sale; ensured the loans meet the Secondary Market requirements.

Reviewed loan approval conditions prior to funding of loans.

Communicated with residential lending sales and operations staff regarding loan decisions, conditions, scenarios, and underwriting guidelines.

Provided comprehensive training and direction to lower-level underwriters and operations staff.

Analyzed requests for exceptions to Bank policy and determined acceptability to the Bank’s risk requirements.

Advanced knowledge of Freddie Mac and Fannie Mae underwriting as well as appraisal guidelines.

Additional Relevant Experience

Bank of America, Brea, CA

Officer, Instructor I, Officer, Conventional Mortgage Underwriter, Officer, Trade Finance Services Specialist I, Consumer Senior Credit Analyst III Emerging Leader, Home Service Specialist II

Education

Mortgage and Consumer Underwriting - Credit and Compliance 2002 - Present

Bank of America, N.A. & Wells Fargo Bank

General Education

Mt. San Antonio Community College, Walnut, CA

Awards

Global Instructor Development Program Completion Foundational Level.

Consumer Lending Credit Emerging Leader Business Program.

Bank of America Card Services 2nd Quarter Award of Excellence Recipient.

Certifications

Certificate of Accomplishment as Business Leader

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