Kristi Lacy

***** ** *** **** *****: 903-***-****

Tyler, TX 75706 Email: ad3jck@r.postjobfree.com

MORTGAGE UNDERWRITER

Expertise in Conventional, FHA, USDA, Freddie Mac, Fannie Mae, including Renovation Loans

Mortgage underwriter known for strengths in risk assessment, income/credit analysis and documentation review. Commended for the timely and accurate completion of compliant loan packages facilitating volume growth while preserving book-of-business quality with knowledge of several bond loans throughout the US.

Comprehensive knowledge of underwriting guidelines and restrictions for conventional and government-insured loan programs for both conforming and nonconforming mortgages. Well-versed in federal regulations and regulatory agencies including 203k,203b, USPAP, HMDS, RESPA, FNMA, FHLMC, FHA, VA, RD and Fair Lending

Skills:

Lending & Underwriting Guidelines Credit & Income Analysis Cash-Flow Analysis

Risk Assessment Loan-to-Value Ratios Debt-to-Income Ratios

Conventional & Government Mortgages Conforming & Nonconforming Loans

ARMs Loan Closing, Funding & Documentation Account Service Excellence

Work History:

Cardinal Financial LLC 07/2019 to 01/2023

DE/ Underwriter IV: FHA/USDA/Conventional /Bond Underwriter

(Active Chums) Responsible for assessing the risk of a loan and making an approval or decline decision based on the quality of the data in the loan file. Reviews and ensures data integrity to confirm the accuracy of automated underwriting findings. Applies all internal underwriting guidelines, investor requirements and federal regulations to the decision process to ensure loan quality with making a credit risk decision. Communicates required conditions Provides strong and clear communication to processors, and branch managers including loan officers from time to time as this may be needed to assist in obtaining documents needed for loan files to ensure quick turn times.

Geneva Financial, LLC 04/2019 to 07/2019

DE/ Underwriter III: FHA/USDA/Conventional

(Active Chums) Responsible for assessing the risk of a loan and making an approval or decline decision based on the quality of the data in the loan file. Reviews and ensures data integrity to confirm the accuracy of automated underwriting findings. Applies all internal underwriting guidelines, investor requirements and federal regulations to the decision process to ensure loan quality with making a credit risk decision. Communicates required with strong and clear communication to processors, and branch managers including loan officers from time to time as this may be needed to assist in obtaining documents needed for loan files to ensure quick turn times.

Nations Reliable Lending, LLC 02/2017 to 02/2019

DE/ Underwriter III: FHA/USD/Conventional

(Active Chums) Responsible for assessing the risk of a loan and making an approval or decline decision based on the quality of the data in the loan file. Reviews and ensures data integrity to confirm the accuracy of automated underwriting findings. Applies all internal underwriting guidelines, investor requirements and federal regulations to the decision process to ensure loan quality with making a credit risk decision. Communicates required strong and clear communication to processors, and branch managers including loan officers from time to time as this may be needed to assist in obtaining documents needed for loan files to ensure quick turn times.

Pacific Union Financial, LLC 09/2014 to 01/2017

DE/Underwriter III: FHA/USDA/VA

(Active Chums) Perform timely reviews of new loan submissions including most recent stipulations/conditions submitted for both delegated and non-delegated retail lending. I am to analyze loan packages to deliver valid credit decisions for purchase and delegated review. I am required to maintain quality control standards while maintaining production standards by company's definitions. In addition, I am required to give with professional and technical support to the lenders providing customer service to all by effectively explaining credit decisions. Perform other job-related duties and special projects as required i.e., helping with training and assistance with new employees.

JPMORGAN Chase 08/2014 to 09/2014

Default Underwriter / Loss mitigation:

Underwriting and rendering loss mitigation decisions based upon a review of Borrower loss mitigation packages; including but not limited to a review and verification of supporting documents, calculating income and debts, and analysis of hardship.

PrimeLending A PlainsCapital Co. 08/2009 to 08/2014

Underwriter II / DCP Loan Processor/Operations:

Knowledge and Proficiency in different levels of mortgage underwriting, mortgage processing, compliance in all government, conventional, and agency guidelines, assist loan officers with loan scenarios and giving them help with quality submissions. Set up and process the overflow of loans in the office and assisting with more complex loans.

Wachovia Bank /Wells Fargo 02/2009 to 06/2009

Underwriter III:

Underwrote loans within compliance for Retail Lending that would comply with both company and regulatory guidelines. This also includes communication with internal teammates and all external customers. Responsible for input of loans, running LP or DU as required and clearing conditions.

Beal Bank 05/2008 to 12/2008

Due Diligence Underwriter III:

Position required review of real estate loans that had third party documents the review process was to review the notes, mortgages, appraisals, title policies, note modifications, credit and capture data that is required to determine the loan completeness and the overall new credit profile to verify if the loan will continue to perform.

Greenpoint Mortgage/Capital One 06/2006 to 11/2008

Underwriter III:

Responsibilities included underwriting loans within compliance for Correspondent Lending that would comply with company and regulatory guidelines. The position also included communication with the Jr. Underwriter, account executive, brokers and correspondents. A loan submission may also include submitting the loan thru LP, DU or company loan operating system, clearing conditions for both conforming and non-conforming loan products.

Aurora Loan Services Lehman Brothers Bank: 05/2002 to 06/2006

Underwriter II: Performed in both a Senior & Junior Underwriter capacity.

Responsibilities included underwriting loans within compliance for Correspondent Lending that would comply with company and regulatory guideline.

TECHNOLOGY:

Encompass, Desktop Underwriting, Loan Prospector, GUS, Microsoft Office Word, Microsoft Excel, DataVerify, Octane, Fraud Guard, LexisNexis, real Quest

Education: Adams State College

Reference’s Always Available upon Request

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