P a g e * *

David James Herro

Underwriter

ad4ki3@r.postjobfree.com • 469-***-****

www.linkedin.com/in/david-herro-2402b833

San Antonio, TX 78245

Summary

Results-oriented professional with extensive knowledge of investor and government guidelines, including FHA, VA, DE/CHUMS, and GSE conventional processes. Proven track record of approving loans, exceeding quotas, and ensuring high-volume clean file production within secondary market, while maintaining highest level of integrity. Qualifications Summary

Recognized for creating job aids to keep underwriters educated on system navigation and workflow processes.

Possess excellent quality control, problem-solving, communication, team leadership, training, and analytical skills.

Demonstrated expertise in contributing to the growth of a dynamic organization in the mortgage industry. Accomplishments

Attained a 98% customer satisfaction ranking in the nationwide customer satisfaction survey for underwriters at Wells Fargo.

Recognized with two Underwriter Excellence Awards for outstanding performance at Wells Fargo.

Built and improved a record of advancement by holding a lending authority of up to $2,000,000. Career Experience

Tomo Mortgage, Austin, Texas 12/2021 – 10/2023

Senior/Lead Underwriter, FHA/VA & Conventional Loan Review Conducted mortgage underwriting for loan production within a high-caliber work environment. Fostered problem-solving approach to ensure creation of immaculate loan files. Reviewed, rectified, and followed up on loans returned from secondary market. Provided valuable support to management by addressing guideline queries. Served as a backup resource for processors and loan officers, while contributing to an exceptional borrower experience. Played a pivotal role in the company's application for full lender delegation from FHA. Navigated FHA connection and submitted all requisite documents to HUD.

Received the Employee of the Month award for outstanding performance.

Achieved fastest loan closure by moving from application to funded in just four days.

Maintained lowest QC/QA loan defect rate and demonstrated exceptional quality control at less than 2%.

Set record for highest number of closed loans in a single month for showcasing efficiency and productivity.

Provided crucial information backup to management and exercised lending authority up to $999,999 as a team leader.

Delivered comprehensive FHA training to new underwriters, including Affordable Housing, bond and Chenoa loan programs. Paramount Residential Mortgage Group, Corona Park, California 8/2020 – 12/2021 Senior DE Underwriter, Government/Conventional Loan Review Performed complex income calculations to enhance overall productivity, ensuring each loan had the opportunity for success. Provided information and clarification on guidelines and secondary market to loan officers and processors as a knowledgeable resource. Conducted thorough reviews of FHA and conventional loans within a dynamic environment. Ensured accurate diagnosis and swift resolution of all issues. Fostered open communication among all parties.

Achieved a high production rate and emphasized superior quality with minimal defects.

Contributed to acceleration of high-quality loan production and improved lending experience for borrowers. Nationwide Mortgage Bankers, New York, New York 11/2019 – 7/2020 Senior/Lead Underwriter, Government/Conventional Loan Production Assessed FHA and conventional loans in a dynamic, high-volume environment. Emerged as a key informational resource and go- to expert for fellow underwriters and processors during Director of Credit Risk's absence. Offered valuable scenario advice to loan officers and resolved problem, particularly in the restructuring of challenging loans. P a g e 2 2

Consistently exceeded production quotas and was able to achieve being the highest producing underwriter. Live Well Financial, Richmond, Virginia 1/2018 –11/2019 Senior FHA, VA & Conventional Mortgage Underwriter/DE/CHUMS Collaborated with originators to facilitate efficient loan production. Conducted mortgage underwriting for FHA, VA, and conventional loan production within a fast-paced, high-quality work environment. Performed reviews of appraisals to ensure compliance with HUD, VA, FHA, FHLMC, and FNMA guidelines.

Consistently achieved top performance in both loan production and quality loan review within the team.

Provided valuable information support to management and held lending authority of up to $999,999 as a team leader. SunTrust Mortgage via Aerotek Staffing, Richmond, Virginia 8/2017 – 1/2018 Portfolio and Private Wealth Exception Underwriting /National Underwriting Exception Desk/NUED Devised resolutions and negotiated counteroffers to enhance the borrower's eligibility. Conducted financial assessments for clients possessing diverse income sources and various income types. Evaluated customer files and repayment capabilities to make decisions on cases that deviated from published guidelines.

Excelled in exception underwriting analysis for portfolio mortgages, encompassing private wealth and premier loan products.

Possessed the authority to approve loans of up to $2M for both purchase and refinance transactions. Movement Mortgage, Richmond, Virginia 7/2015 – 8/2017 Senior Frontline Underwriter III/Conventional, FHA & VA Executed manual underwriting processes for VA loan production. Maintained vigilant awareness of evolving agency and government loan production guidelines, while consistently adapting to changes. Performed comprehensive upfront underwriting assessments for a diverse range of loan products, including those from Fannie Mae, Freddie Mac, FHA, and VA.

Exceeded quality review standards by ensuring compliance with regulations.

Evaluated loans with lending authority extending up to $999K via thorough analyses for purchase and refinance transactions. Education

Bachelor of Arts in History

University of Texas, Austin

Licenses & Certifications

Employee Development Training

Tomo Mortgage, 2021

DE/CHUMS Certificate

FHA, 2018

Six Sigma Greenbelt

IASSC, 2017

Affiliations

MBA, Member, 2019 – Present