Customer Service A Dedicated
Resume:
Elizabeth Perry
Mortgage Underwriter, DE, VA SAR, Conventional, Jumbo
Huntington Beach, CA 92649
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I am a dedicated and passionate
DE, VA - SAR, Conventional, Jumbo, new construction, Non-QM, Underwriter with superlative comprehension of Fair Housing, HMDA, ECOA, TRID, Fannie/ Freddie, FHA, VA, DPA programs, 2-4 units, manufactured housing, condominiums, knowledge of USDA guidelines; command of DU, LPA, and Encompass. I am adept in, Quality Control, analyzing Appraisals, credit, income, cash flow and excellent ability to downgrade loans for manual underwriting. I am highly astute in interpreting various real estate contracts, title reports, I have mentored LO’s Processors, Underwriters, AE’s and Brokers. I hold myself to a higher standard to provide superb customer service and excellent Underwriting to make acumen decisions. I strive for success to meet / exceed all expectations and stringent SLAs. I always have a great rapport with colleagues, managers and clients. I set all pertinent conditions in order for the loans to be salable in the secondary market, various investors and adhere to all other overlays. I have a very positive personality, I believe I would be a vital asset to your team.
Willing to relocate: Anywhere
Authorized to work in the US for any employer
Work Experience
INDEPENDENT CONTRACTOR/ ASSOCIATE (remote/in Office) JAR Financial and Insurance Services-Orange County, California November 2022 to Present
Assist with client enrollment into medical plans and financial investments. Constant communication and support with clients. Procure new business, obtain pertinent documentation as needed for each client. Review and evaluate all client’s documents prior to submitting to managers. I am working part- time, on a commission base only, while seeking a full- time position, with benefits. The company is very supportive of my career endeavors. Thank you for your time and consideration. SENIOR VA-SAR & DE UNDERWRITER (wholesale/remote)
Nations Direct Mortgage-Santa Ana, CA
January 2022 to September 2022
Conducted in-depth analysis of each borrower’s credit, income, assets and conditions in accordance with VA, FHA,
Conventional and Non-QM guidelines.
Underwrote referred loans manually and downgraded as necessary, including counteroffers. Issued Notices of Value for 1-4 unit properties, conducted in-depth review of appraisals and Vero score based on VA’s minimum property standard guidelines. Completed income and asset worksheets, verified employment and ensured 25% guaranty/sufficient equity to meet
VA/investor guidelines.
Set and cleared all prior to document and funding conditions. DE, VA-SAR, Conventional, Jumbo Sr. Underwriter
Fairway Independent Mortgage-Madison, WI
March 2021 to January 2022
Underwrote VA, FHA, conventional, Jumbo, purchases, refinances and bond loans, set conditions and cleared loans for closing.
Ensured creditworthiness of borrowers to meet investor guidelines and company overlays. Utilized Encompass, DU, LPA, ensured all findings were adhered to. Down graded to manual review when required. VA-SAR and DE Underwriter (wholesale-retail/remote) Mr. Cooper-Orange County, CA
July 2019 to March 2021
Participated in Product Risk Management team reviewing defect loans post-closing, repurchases and rate/term fails.
Dealt with customers directly and underwrote loans depending on defects that had prevented loans from being sold to investors.
Managed a pipeline of 60% VA, 30% FHA, and 10% conventional loans, including full doc VA and FHA cash-out refinances, IRRRL’s and purchases; reviewed appraisals of all loan types and issued Notices of Value for VA loans.
Analyzed wage-earner and self-employed incomes, personal and business returns including S&C Corps, LLC’s, LLP’s and bank statements to determine assets and identify red flags. VA UNDERWRITER/ SAR #009492 (retail/remote)
Veterans United Home Loans-Irving, TX
March 2017 to July 2019
Conducted in-depth analysis of credit, income, 1040’s, business tax returns, S Corps, C Corps, partnerships, assets and appraisals to determine credit worthiness of borrowers and ensure loans were in adherence with VA guidelines. Issued Notices of Value, adhered to VA’s minimal property standards. Contacted Appraisers for any questions, corrections or updates. GOVERNMENT UNDERWRITER III (retail/remote)
Bay Equity-Corte Madera, CA
June 2015 to March 2017
Managed a pipeline of 40% VA, 50% FHA and 10% conventional loans, purchases and refinances (cash out and rate/term).
Underwrote Calhfa, MCC and silent seconds and issued Notices of Value for all VA loans. Cleared all conditions for closing and funding to meet guidelines. Utilized DU, LPA, manually underwrote referred loans and downgraded as required.
SENIOR UNDERWRITER (retail/in-house)
PennyMac-Pasadena, CA
April 2014 to May 2015
Earned PennyMac’s VA LAPP approval by underwriting and submiting 25+ test cases to VA’s regional offices.
This enabled the company to close loans automatically without needing prior approval by the Veterans Administration.
Downgraded to manual underwriting as needed including counteroffers. Responsible for a pipeline of VA, FHA. Conventional and Jumbo purchases and refinances. Adhered to PnMac overlays and utilized DU/FHA Scorecard and LP. UNDERWRITING CONSULTANT (self-employed)
EMP Underwriting Consultant-Anaheim, CA
May 2012 to April 2014
Provided independent consulting services and mentored underwriters and processors. Consulted on FHA and VA loans, guidelines and various LOS systems.
Senior Underwriter
America’s Lending Group-Hun ngton Beach, California April 2005 to May 2012
Managed a pipeline of Conventional, FHA and VA loans. Ensured salability of loan with careful determination of creditworthiness and analysis of risk, alleviating suspense documentation required by investors.
Collaborated regularly with customers and loan representa ves regarding underwriting conditions, loan structure and closing status.
Education
Real Estate Finance and Credit Risk Analysis
FULLERTON COLLEGE - Fullerton, CA
Skills
• Mortgage Underwriting (10+ years)
• Risk Analysis (10+ years)
• Test Cases (10+ years)
• Financial Analysis (10+ years)
• Credit Analysis (10+ years)
• Risk Management (10+ years)
• Fair Housing Regulations (10+ years)
• Business Analysis (10+ years)
• Insurance sales (2 years)
• FHA Underwriting (10+ years)
• VA Underwriting (10+ years)
• Product Management (10+ years)
• Business Requirements (10+ years)
Certifications and Licenses
FHA Direct Endorsement CHUMS W372
VA SAR and VA Automatic Underwriter #009492
Present
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