CARINE C WENYI
Address: New Jersey, USA
Contact Number: 856-***-****
Email address: firstname.lastname@example.org
Experienced, innovative,result oriented and enthusiastic underwriter, eager to contribute to team success through hard work, attention to details and excellent organizational skills.
4 years progressive experience as a mortgage underwriter professional.
Deep understanding of conventional and government mortgages, cash flow analysis, mortgage documentations, lending and underwriting guidelines.
Profound knowledge of credit and income analysis, risk assessment, debt-to-income ratios(DTI) and loan-to-value ratios(LTV)
Strong mathematical aptitude
Hands-on experience on conforming and non-conforming loans
Superb ability to prioritize and multitask
Excellent computer skills (MS Word, Excel, PowerPoint & Outlook)
Hands on knowledge of the loan origination system (LOS) softwares Encompass and Calyx point .
Excellent mentoring, interpersonal, presentation, communication, persuasion & writing skills
Effective under pressure & open to flexible working hours
BANK OF AMERICA
●Evaluation of loan documentation to approve/deny the loan.
●Analyzing the risk involved in granting a loan to a borrower and determining whether it is acceptable to the lender.
●Frequently underwrite Conventional Loans and Jumbo loans while working on VA and FHA loans partially.
●Validating that a prospective mortgagor’s loan application adheres to the Freddie mac or Fannie Mae’s guidelines.
●Hands on experience with various fraud tools such as fraud guard and data verified. Also having hands-on experience in compliance tools such as Mavent.
●Review appraisals ensuring they meet the investor guidelines and support value.
●Income calculation for W2 Wage earners and self-employed borrowers.
●Carry out Credit analysis based on borrower’s Capital, Income/employment, Credit history and Collateral to determine the credit worthiness of a customer.
●Review and evaluate information and documentations on mortgage loans, home equity loans, and home equity lines of credit, to determine if borrower and/or property meets prescribed loan standards.
●Underwrite mortgage loan applications and evaluate loans to maximize organizational profit and minimize risk or loss.
●Working effectively with loan officers to ensure every option available is explored to find best loan programs available to the borrower.
●Evaluate the financial strength of borrowers to determine risk and repayment capacity.
●Maintain a pipeline of loan file audit/review inventory. Meet production requirements, and communicate status to management.
●Work closely with loan processors to request additional documentation where necessary.
●Manage loans by using all functions of Encompass.
●Review of legal documents to ensure accuracy and completeness.
●Forward fraud files to the Risk Management department.
●Used DU and LP to determine whether a loan meets Fannie Mae or Freddie Mac’s eligibility
BANK OF AMERICA
MORTGAGE LOAN PROCESSOR
March 2016 - February 2017
●Working effectively with loan officers to ensure every option available is considered to find best loan programs available to the borrower.
●Request, review and verify all loan documents, such as income; Credit, appraisal, and title insurance, to ensure complete and accurate information is in the file before it is sent to underwriting.
●Obtain a letter of explanation from the borrower after verification of deposit. Verification of employment, credit report and all other documentations.
●Maintain constant communication with borrowers on status updates and/or changes to the loan and coordinate loan closing with borrowers, title companies, and loan agents.
●Resolve any customer service issues while working on FHA, VA, USDA, and Conventional loans.
2013- BSc. Accounting and Finance
University of Dschang, Cameroon