Loan Mortgage

HENRY EKO

MORTGAGE UNDERWRITER

Linkedin url: https://www.linkedin.com/in/henry-m-eko-755861202

Tel; 202-***-****

adkepz@r.postjobfree.com

SUMMARY

Mortgage underwriter professional with 4years of experience, who thrives in a dynamic work environment, able to handle multiple tasks of high volume with ease and efficiency. Detailed oriented with in-depth knowledge of Fanie Mae and Freddie Mac. Underwritten FHA, VA, conventional, USDA as well as Jumbo loans.

WORK EXPERIENCE

Mortgage underwriter TOWNE MORTGAGE

TROY, MI

JULY 2018 to JAN 2021

Review loans and applications upon receipt, approve and deny applications based on risk level.

In-depth knowledge of encompass and empower.

Identifies portfolio risks resulting from the client underlying practices, underwriting or fraud exposure.

Tax and title review.

Analyze and evaluate mortgage loan documents to determine that loan conditions meet specific standards.

Analyze and evaluate income, financial standing and credit rating of potential customers.

Underwrite residential mortgage loans in accordance with jumbo, FNMA, FHA and VA internal guidelines ensuring compliance with company and investor standards.

Update clients and liens information.

Reviews self-employed, corporate and partnership tax returns, profit and loss as well as financial statements to ascertain borrowers’ income.

Perform Second Level One Up Reviews, on those loans recommended for approval above someone’s lending authority.

Evaluate creditworthiness of borrowers to render credit decision. This includes but not limited to the review of paystubs, W2, financial statements, tax returns, assets statements, bank account statements, credit reports etc.

Review and evaluate information and documentation on mortgage loans, home equity loans and equity lines of credit to determine if borrower and property meets prescribed loan standards.

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

Uses background experience and knowledge of guidelines and personal judgement to make decisions which exceed guidelines when warranted.

Financial analysis- Accurately determines the financial condition of the applicant(s).

Mortgage underwriter ENVOY MORTGAGE

AUSTIN TX

MARCH 2017 – JUNE 2018

Underwrites loan files for designated processing centers through a review process of analyzing and evaluating income, assets, liabilities and property, while maintaining designated time frames as determined by management.

Reviews self-employed, corporate and corporate and partnership tax returns, profit and loss as well as financial statements to ascertain borrowers’ income.

Verify all documentations supporting what is being used to qualify clients.

Communicates by phone and/or email with third party originators with under-writing specific question, requests and overall updates.

Identify potential fraud and occupancy red flags.

Review/analyzes loan files submitted for borrowers to ensure file meets loan program requirements. Including individual analysis of;

Loan application

Credit profile

Debts and assets

Income/financial statements

Loan values/ loan –to – loan ratios

Appraisal reports.

Escalates fraud files to credit managers/risk management team.

Responds with SLA to all loan specific audits. Demonstrate proficiency in automated underwriting systems. (DU, LP)

Maintains a pipeline of loan file review inventory meets production requirements and communicates status to management.

SKILLS;

Demonstrated proficiency in computer applications such as Microsoft office including excel.

Excellent verbal and written communication skills

In-depth knowledge of Encompass.

Able to work under tight deadlines while maintaining the highest level and accuracy.

Credit and income analysis, risk assessment, Loan-to-Value Ratios (LTV), Debit-to-Income Ratio (DTI).

Strong analytical and decision making/solving skills.

Fair housing regulations

Tax experience

Requirement gathering

Financial analysis

Loan closing

Data analysis skill.

EDUCATION

BSC. In Biochemistry and molecular biology

University of Buea – Cameroon.

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