Risk Management Customer Service
Resume:
IBIS ESPINAL
**** ***** ***** ***** ***********, VA 20121
**********@*****.***
Bilingual (English & Spanish) UNDERWRITING PROFESSIONAL
Lending professional, with 13+ years of progressive experience within Mortgage, Banking and Loan industry, proven success in commercial loan and mortgage management, recognition through promotions and awards for outstanding performance, exceptional ability to communicate verbally with all levels of employees, including executives, team members and direct reports, is seeking a position of growth as a Mortgage Underwriter. VA, FHA, Conv, USDA, VHDA and MD/DE/PA bond, Commercial
Areas Of Expertise
Mortgage Loan Processing
Financial Analysis & Reporting
Underwriting Guidelines
Auditing Underwriting
Loan Origination Documentation & Review
Applications & Verification
Refinancing & Policy
Database Analysis
Risk Management
Insurance Guidelines
FHA, FNMA & FHLMC
Commercial Banking
Commercial Lending
Top-notch Customer Service
Professional Experience:
EVOLVE BANK & TRUST, MEMPHIS, TN 2021-2022
Corporate Underwriter - Underwrote per Fannie Mae and Freddie Mac guidelines. Provide underwriting for conventional FHA loans according to company, secondary market investor and government agency standards. This involves the following: ensuring all tax, title, insurance and closing documentation associated with the loan applications are accurate and complete and approving or denying loan applications based on compliance with underwriting standards and risk management factors. Evaluate loan applications for risks and various criteria, such as: investor requirements, accuracy, consistency, and completeness. Approves, suspends or denies loans with proper supporting documentation. Communicate with investors, loan processors and loan originators regarding underwriting process. Perform complex analysis of borrower’s income, assets and credit history.
RESIDENTIAL MORTGAGE SERVICE (GUILD), FAIRFAX, VA 2021- 2021
Underwriter II – Provide underwriting for conventional FHA loans according to company, secondary market investor and government agency standards. This involves the following: ensuring all tax, title, insurance and closing documentation associated with the loan applications are accurate and complete and approving or denying loan applications based on compliance with underwriting standards and risk management factors. Evaluated and reviewed loan documents to ensure accuracy, completeness, and compliance with company standards, federal and agency standards and guidelines, as well as any applicable state-specific and/or local regulations, ordinances, etc. Analyze customer’s loan to value ratio, debt-to-income ratio, credit report, application, income and assets, source(s) of down payment funds and supporting documentation to identify potential fraud or misrepresentation. Review appraisals to ensure that loans meet secondary market, investor, and company standards. Work with Loan Processors and Loan Officers on collecting information and documentation needed to finalize incomplete loan packages. Determine if additional documentation would aid loan decision; request additional documentation or information accordingly. Provide options and recommendations to borrowers regarding suitable loan programs, stayed informed on current regulations and industry trends that affect compliance and decision-making. Confirmed that system input is accurate and that company systems match Automated Underwriting System (AUS).
SECURITY NATIONAL MORTGAGE, CENTREVILLE, VA 2020 - 2021
Underwriter – Provide administrative support to Loan Consultants or Branch Managers to assist in loan production for the following loan types: VA, FHA, Conv, USDA, VHDA and MD/DE/PA bond. Secure the completion of loan packages before loan closing and assure that all relevant parties have received paperwork necessary to close. Ensure that all appropriate loan licensing has been acquired for each client. Collaborate with loan processor to ensure the smooth transition of work. Work with Underwriter to ensure all files are completed. Process clerical and administrative duties such as: maintaining call logs made by Loan Consultant, mailing documents to client for signature, maintaining communication with clients, as necessary. Work for top two Loan Producers in the Region. Increased both MLO’s volume and income by double, totaling $134 million within last year. Helped MLO build his client base in the Hispanic community.
CALIBER HOME LOANS, INC., CENTREVILLE, VA 2019-2020
Production Assistant – Provide administrative support to Loan Consultants or Branch Managers to assist in loan production for the following loan types: VA, FHA, Conv, USDA, VHDA and MD/DE/PA bond. Secure the completion of loan packages before loan closing and assure that all relevant parties have received paperwork necessary to close. Ensure that all appropriate loan licensing has been acquired for each client. Collaborate with loan processor to ensure smooth transition of work. Process clerical and administrative duties such as: maintaining call logs made my Loan Consultant, mails documents to client for signature, maintaining communication with clients
STEARNS LENDING, CENTREVILLE, VA 2016-2019
Underwriter – Promoted from Senior Loan Processor to Underwriter; Assigned to reviewing data accuracy and regulation guidelines met for mortgage loan types: VA, FHA, Conv, USDA, VHDA and MD/DE/PA bond. Make decisions to approve mortgage loans that includes review of loan documents, FHA/Conventional/VA appraisals and manual underwriting for all loan types. Affirm that secondary requirements & guidelines are met for all loans. Obtain full underwriter authority for Confirming Conventional Loans by finishing test case. Process, review and approve FHA loan with Secondary DE UW review, in order to obtain FHA DE Authority. Review asset statements, calculate income for qualifying purposes and confirm loan meets investor guidelines
FIRST SAVINGS MORTGAGE, LLC, MCLEAN, VA 2014-2016
Senior Mortgage Loan Processor – Served as Underwriting authority and managed approved mortgage loans; determined requirements met prior to closing at one of the largest privately owned mortgage lenders, First Savings Mortgage LLC. Confirmed accuracy of information in loan file and executed resolution for missing and incorrect information; entered loans into DU (automated) and LP (manual transmission). Determined compliance with Fairfax County Circuit Court regulations involving all account transactions and documentation including wills under probate and court orders. Evaluate title work and finalize closing disclosure and closing. Managed a pipeline of 20-35 loans per month
WELLS FARGO HOME MORTGAGE (WFHM), CHANTILLY, VA 2006– 2014
Home Mortgage Processor – Top-performer that closed 25 loans per month, assigned to managing,
non-conforming FHA and VA purchase and refinance loans at the nation’s largest community-oriented bank, Wells Fargo. Verified property appraisals, bank statements, credit reports, pay stubs, tax returns and W-2s. Managed pipeline of all loan types, including verification of documentation and management of documents required for loan closing; researched underwriting guidelines. Mediated issues during all phases of loan with borrowers, loan officers, realtors, underwriters, appraisers and closing attorneys. Utilize Top Loan Office Direct Bill. Closed 20-35 loans per month with a pipeline of 45-60 loans.
Skills:
Computer skills: MS Word, Excel, Outlook, Power Point, TEAMS, Slack & Chime
Software Systems: FNMA/FHLMC/GUS/FHA Connect - DU/DO; Clout; Calyx Point, Encompass 360, BLEND, Capacity/Able, Loan Beam, Sierra, Optimal Blue, AS400, Data Verify, Black Night, LexisNexis & Empower
Education & Training:
NORTHERN VIRGINIA COLLEGE – Accounting 2009
IONA COLLEGE – Liberal Arts Degree 1994
NMLS # – Available Upon Request
CHUMS # – Available Upon Request
Excellent References – Available upon request
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