Address: New Jersey, USA
Contact Number: 856-***-****
Email address: firstname.lastname@example.org
Result oriented, proactive, resourceful, cautious, creative, and enthusiastic underwriter willing to contribute to team success through hard work, attention to details and excellent communication skills
Have progressively gain 5 years of underwriting experience with known strength for risk assessment.
Have deep understanding of conventional and government mortgages, cash flow analysis, mortgage documentations, lending and underwriting guidelines.
Great knowledge of credit and income analysis, risk assessment, debt-to-income ratios (DTI) and loan-to-value ratios Strong mathematical strength with Hands-on experience on conforming and non-conforming loans.
Vast experience in multitasking and ability to prioritize in order of importance.
Expertise in computer programs like MS Word, Excel, Power point and outlook.
Great knowledge on loan origination system (LOS), Software’s Encompass.
Excellent, interpersonal, presentation, communication, mentoring persuasion & writing skills.
Work effectively under pressure and willing to work flexible hours,
February 2019 -Present
●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 FHA, VA, 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
●Review preliminary title reports, purchase agreements, environmental reports, property inspection reports, appraisal reports and related documentation for acceptability.
October 2016 to February 2019
Responsible for underwriting residential loans ensuring compliance with appropriate company and secondary market standards.
Examine loan file documentation to determine acceptability of borrower’s credit histories, adequacy of liquid assets and financial capacity in relation to loan requests.
Analyze tax returns and financial statements to determine ongoing cash flow to support loan repayment.
Auditing loan documents and closed loan files.
Assist with internal and external communication, improved transparency, and radiated information.
2005-2009- BSc. Banking and Finance.
University of Yaoundé