DANA VACA

DE Underwriter

Wood Dale, Illinois ad3i9x@r.postjobfree.com 630-***-**** (home) / 630-***-**** (cell)

Experienced mortgage loan and credit risk professional with 15+ years of progressive skills in conventional, non-conforming Jumbo programs, Fannie Mae, and Freddie Mac underwriting, with a passion for deep dive into complex financial analysis. Thoroughly enjoys the manual underwriting process, demonstrating the ability to analyze multiple income streams, properties, businesses and tax returns of mid to high level borrowers. Team oriented, with proven ability in training, administration, and management in support of company objectives. Fully adept at successfully performing in the challenging day-to-day deadline driven and high volume production environment.

QUALIFICATIONS

Self-motivated, capable of working independently and taking a proactive role in management and support functions

Ability to deal with staff and all office personnel in a professional and confident manner

Able to handle confidential material in a discreet manner

Detail oriented to ensure both internal and external customer satisfaction

Able to handle multiple priorities in a fast-paced environment

Exceptional problem solving skills, and superb verbal and written communication skills

Ability to expedite procedures and processes so that departmental objectives are met

Extensive experience in Windows 98/95, Microsoft Office, Internet Explorer, ACT!, Microsoft Word, PowerPoint, Excel, Adobe Photoshop, and well versed in various mortgage software

Strong time management skills

WORK EXPERIENCE

Guaranteed Rate Affinity – Chicago, IL (Corp Office) Sept/6/ 2022 - Oct/28/2022

Business Development Coordinator

Assisted sales team with initial application and reviewed investor guidelines

Remote underwriting of correspondent products

Thorough knowledge of Fannie/ Freddie guidelines

Understanding of decision engine and decision underwriting report feedback.

DE underwriter - gathering specific guidelines for each loan

Review of initial application for accuracy and completeness

Advanced systems knowledge of Outlook, Teams, client folder

Sierra Pacific Mortgage - SanFrancisco, CA (corp) Feb 2022 - 6/2022

Remote Senior Underwriter/Delegated MI Underwriter / FHA underwriter with valid CHUMS

Underwrites residential mortgage loans in accordance with investor overlays, Fannie Mae, and Freddie Mac guidelines ensuring compliance with company and investor standards.

Remote underwriting of retail conventional products using an imaged document system.

Understanding of decision engine and decision underwriting report feedback.

System knowledge of Doc Manager and EFile

Complete underwriting rationale done on every loan type that mentions all aspects of file - income calculations, asset availability, credit ability, collateral review, and decision of loan.

Advanced systems knowledge of H20, FHA connection, and Microsoft Outlook

Thorough knowledge of Fannie/ Freddie guidelines

Worked on DOS based system - Blitz docs / Express Loan / OPS

Caliber Home Loans (New Rez) – Fort Meyer, FL (Corp Office) Sept 2020 - 2/2022

Remote Senior Underwriter/Delegated MI Underwriter / FHA underwriter with valid CHUMS

Underwrites residential mortgage loans in accordance with investor overlays, Fannie Mae, and Freddie Mac guidelines ensuring compliance with company and investor standards.

Remote underwriting of retail conventional products using an imaged document system.

Thorough knowledge of Fannie/ Freddie guidelines

Understanding of decision engine and decision underwriting report feedback.

System knowledge of Doc Manager and EFile

Complete underwriting rationale done on every loan type that mentions all aspects of file - income calculations, asset availability, credit ability, collateral review, and decision of loan.

Advanced systems knowledge of H20, FHA connection, and Microsoft Outlook

1st Savings Bank / E2 Lending – Clarksville, IN (Corp Office) May 2020 - Sept 2020

Remote Senior Underwriter / DE underwriter

Underwrites residential mortgage loans in accordance with investor overlays, Fannie Mae, and Freddie Mac guidelines ensuring compliance with company and investor standards.

Remote underwriting of retail conventional products using an imaged document system.

Thorough knowledge of Fannie/ Freddie guidelines

Understanding of decision engine and decision underwriting report feedback.

DE underwriter - reviewing all aspects of FHA loans.

Complete underwriting rationale done on every loan type that mentions all aspects of file - income calculations, asset availability, credit ability, collateral review, and decision of loan.

Advanced systems knowledge of Open Close, Encompass and Microsoft Outlook

Guaranteed Rate – Chicago, IL (Corp Office) May 2019 - May 2020

Remote Senior Underwriter / Delegated MI UW

Underwrites residential mortgage loans in accordance with GRI overlays, Fannie Mae, and Freddie Mac guidelines ensuring compliance with company and investor standards.

Remote underwriting of retail conventional products using an imaged document system.

Thorough knowledge of Fannie/ Freddie guidelines

Understanding of decision engine and decision underwriting report feedback.

Complete underwriting rationale done on every loan type that mentions all aspects of file - income calculations, asset availability, credit ability, collateral review, and decision of loan.

Advanced systems knowledge of Encompass and Microsoft Outlook

Dovenmuehle – Lake Zurich, IL (Corp Office) March 2019 - April /2019

QC Analyst

Reviewing servicing of customer loan to re-work and/or put the borrower in a better position.

Create audit spreadsheets

Updating of daily log to evidence audit was completed

Chicago Blues Hockey Club & AWF Renengades Hockey April /2012 - April / 2019

Board Member/Registrar

Maintaining player hockey records

Processing hockey registrations

Input and maintenance of USA hockey #s

Clerical support for parents and administrative staff of NGIN system

Member of the board which includes but is not limited to answering parent questions and providing support to faculty, administration and staff.

Posses a positive attitude and be able to collaborate with others

Well organized with the ability to multi-task

Strong computer skills

Excellent customer service skills

Parkside Lending – San Francisco, California (Corp Office) Feb 2015 - Nov/2018

Remote Underwriter III / Delegated MI UW / Jumbo IV

Underwrites residential mortgage loans in accordance with Parkside overlays, Fannie Mae, and Freddie Mac guidelines ensuring compliance with company and investor standards.

Remote underwriting of retail conventional products using an imaged document system.

Thorough knowledge of Fannie/ Freddie guidelines

Understanding of decision engine and decision underwriting report feedback.

Complete underwriting rationale done on every loan type that mentions all aspects of file - income calculations, asset availability, credit ability, collateral review, and decision of loan.

Advanced systems knowledge of Loan Brain, Microsoft Outlook, and Lending QB

Citibank – Ann Arbor, Michigan May 2012 - August 2014

Remote Underwriter III

750,000 Signing Authority

Underwrites residential mortgage loans in accordance with Citi, Fannie Mae, and Freddie Mac guidelines ensuring compliance with company and investor standards.

Remote underwriting of retail conventional products using an imaged document system.

Thorough knowledge of Freddie Relif/DU Refi Plus program guidelines.

Understanding of decision engine and decision underwriting report feedback.

Complete underwriting rationale done on every loan type that mentions all aspects of file - income calculations, asset availability, credit ability, collateral review, and decision of loan.

Advanced systems knowledge of Citrix, Microsoft Outlook, and Laser Pro Mortgage

MetLife Home Loans – Oak Brook, Illinois December 2010 to April 2012

Senior Underwriter/Jumbo Underwriter

2M Signing Authority

Underwrites residential mortgage loans in accordance with MLHL, Fannie Mae, and Freddie Mac guidelines ensuring compliance with company and investor standards

In-depth experience and complete knowledge of FHA/VA lending guidelines and understands how those relate to internal and investor guidelines

Able to clearly communicate guidelines to customers, loan processors, and sales associates

Able to make timely, accurate decisions on all mortgage loan transactions

Thorough knowledge of complex personal and business financial analysis and expertise in tax return and balance sheet analysis

Bank of America – Rolling Meadows, Illinois January 2010 to December 2010

DE Mortgage Underwriter/Conventional

Non-Conforming Jumbo Level 5 Signing Authority

Underwrites residential mortgage loans in accordance with FHA/HUD and internal guidelines ensuring compliance with company and investor standards

In-depth experience and complete knowledge of FHA/VA lending guidelines and understands how those relate to internal and investor guidelines

Able to clearly communicate FHA/VA, corporate, and investor guidelines to customers, loan processors, and sales associates

Able to make timely, accurate decisions on all FHA/VA transactions

Thorough knowledge of complex personal and business financial analysis and expertise in tax return and balance sheet analysis

Underwriting Training Decision Coordinator (Manager)/Quality Control/Underwriter

(UW division dissolved)

HSBC - Elmhurst, Illinois October 2001 to May 2009

Team Lead/Training Manager

Executed training course for new recruits ~ from 1 to 20 employees every 6 weeks

Trained new underwriting staff on proper phone etiquette with branch personnel

Taught each new employee underwriting guidelines and requirements

Implemented and developed new "business for self-training" course for all underwriters

Ensure that the new underwriting staff had working computers, outside communication line to branch, and set up of all computer access

Implemented spreadsheets to track new employee's quality and underwriting turn-around time frames

Assessed overall credit compliance to follow underwriting guidelines

Reviewed appraisal to adhere to company requirements

Ensured adherence to deadlines and quality standards and maintained all daily activities

Responsible for procedures and regulatory requirements (e.g. client inquiries, transaction research)

Resolved non-routine and/or moderately complex operational problems often requiring research and involvement from other business functional experts

EDUCATION

Appraisal Institute - Chicago, Illinois

January 1994 to April 1994

Word Processing and Accounting

Joliet Junior College - Joliet, Illinois

January 1988 to June 1990

Administration and Accounting

Lewis University - Romeoville, Illinois

September 1986 to June 1987

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