Sr. Processor/ Underwriter Assistant

Expertise in Conventional, FHA, VA & Fannie Mae Loans

Mortgage underwriting assistant known for strengths in risk assessment, income/credit analysis and documentation review. Consistently commended for the timely and accurate completion of compliant loan packages; facilitating volume growth while preserving quality. Possess the ability to work in a fast paced and imaged environment.

Comprehensive knowledge of underwriting guidelines and restrictions for conventional and government-insured loan programs (conforming and nonconforming mortgages). Excellent at multi- tasking and working collaboratively with team members to drive deals to successful close and funding.

Skills

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

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

Conventional & Government Mortgages Conforming & Nonconforming Loans

ARMs Loan Closing, Funding & Documentation Account Service Excellence

Computer Proficiencies: Calyx Point/PointCentral; Factual Data; MS Word and Excel; Windows; Outlook

Professional Experience

Mortgage Plus, Joliet, IL

Underwriting Assistant, 2011 to Present

Senior Loan Processor, 2007 to 2011

Balanced the need for loan-volume growth with the equally important necessity of optimum underwriting quality to minimize risk while maximizing profitability.

Achieved the second-highest loan-funding rate (totaling $8.8M in FY 2011) among a 10-member underwriting team.

Ensured loan submittals met internal and external eligibility requirements. Gained extensive experience in underwriting FHA, VA, Fannie Mae loans and knowledge of HUD guidelines.

Provided meticulous attention to detail in underwriting mortgages. Evaluated the financial strength of borrowers to determine risk and repayment capacity.

Process qualifying residential loan applications in a timely and accurate manner

Ordered and reviewed appraisal and title work for qualified borrowers to ensure they fit in program parameters

Responsible for clearing conditions and issuing changes to the terms on previously approved loans

Leveraged knowledge of loan products to help restructure turned-down loans for subsequent approvals.

Maintained compliance with lending, underwriting and government requirements.

Demonstrated excellent follow-through with borrowers, loan processors, loan originators and management throughout all phases of the underwriting process.

AMF Mortgage Corporation, Chicago, IL

Processor/ Underwriter Assistant, 2000 to 2007

Creating mortgage file, running credit reports, analyzing credit reports

Working with attorneys, title and insurance companies to obtain necessary information

Conduct over the phone verification of employment

Maintain a pipeline of 55+ loans monthly

Work on various government and non-government programs

Knowledge of VA and FHA products

Outstanding customer service skills, ability to communicate with internal and external clients

Review and evaluate real estate appraisals and underwrites mortgage loans on a daily basis.

Analyze the credit, income, and personal assets of loan applicants.

Review condo, PUD and co-op projects for conformance to investor requirements

Provide support to processors and loan officers in structuring deals

Keep informed of trends and development in local market; staying abreast of changing regulations and investor guidelines.

Responsible for the accurate input of credit decisions into the LOS

Clarify risk by requesting additional information.

Process reviews and evaluates subprime & jumbo loans

Work with multiple secondary investor guidelines

Education

B.S. National Louis University, Wheaton, IL

Certificate of Completion – Enterprise Analysis & Business Requirement Success

A.A.S. Information Systems – College of DuPage, Glen Ellyn, IL

Licensed Property & Casualty

Licensed All Line Adjuster & Worker Compensation

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