Mortgage Underwriter Loan
Resume:
Tabatha Moore
Dallas, TX
*****************@*****.***
Twenty (20) consecutive years experienced Mortgage Underwriter. Specializing in Conventional
(Fannie Mae and Freddie Mac), Reverse mortgage, Home Equity (HELOAN/HELOC), FHA, VA, USDA and NON-QM, Jumbo loan submissions.
Knowledge in Wholesale and Retail processes. Consistent track record for exceeding production goals and customer expectations while delivering quality loans. Proactive and highly self-motivated. Current lending authority of $4M. Experienced in Credit Quality Review, Entity Vesting Review and exception underwriting.
Willing to relocate: Anywhere
Authorized to work in the US for any employer
Work Experience
Senior Mortgage Underwriter
Churchill Mortgage - Plano, TX
May 2016 to Present
• Ability to Approve, decline, withdraw and/or counter offer the following products in my pipeline via Encompass: conventional, non-conforming, non-conventional, Home Equity,Jumbo, 1st and 2nd mortgage loans.
• Currently Credit Lending Authority of $4M
• Analyze complex files of Self-employment/Rental income of individuals ability to repay with expertise in the following Tax Return documents: Schedule C\K-1 income, 1020/1020-S/1065 earnings, rental income with Schedule E income.
• Experience in the multifamily sector including experience and expertise in analyzing rent rolls, leases, operating statements, budgets, appraisals, and more
• Current experience analyzing multifamily assets and development opportunities
• Calculate back-end and front-end DTI ratios manually, conduct asset and credit assessments.
• Underwrite loans that require parameter exceptions, high dollar amounts and risk based loans including approval of all Entity Vesting (Partnerships, LLCs and Trusts).
• Examine loan documentation for accuracy and completeness including credit report, property evaluation, financial statements, applicable ratios, HUD-1s, origination & review appraisals, TILs, GFEs such as debt to income and loan to value in accordance with company guidelines.
• Review the borrower's credit report and credit rating to determine the ability of the borrower to repay; the loan after analyzing the borrower's prior payment history
• Obtain divorce decree, gift letter and supporting documentation, HOA requirements for condominiums, and any other documentation required to support income, credit, and/or financing of the property.
• Review the appraisal and check if it has been values properly to warrant the loan requested from the bank
• Review Loan files for potential mortgage fraud.
• Analyze credit reports, including judgments and bankruptcy, if applicable, and associated documentation to ensure compliance with Fannie Mae guideline
• Review property documentation including appraisal, title report/commitment, sales contract, insurance, and flood determination to ensure compliance with Fannie Mae/ Freddie guidelines.
• Perform Full and Limited condominium project analysis to determine compliance with Fannie Mae guidelines.
• Ensure state, local and federal regulations are followed, including but not limited to Ability to Repay
(ATR), Real Estate Settlement Procedures Act (RESPA), Truth in Lending (TILA) and all other applicable mortgage lending rules.
• Ongoing record for top Production and Quality goals. Mortgage Underwriter III
JPMorgan Chase
May 2013 to March 2016
• Examined loan documentation for accuracy and completeness including credit report, property evaluation, financial statements, applicable ratios involving debt to income and loan to value in accordance with company guidelines.
• Reviewed and grant second level reviews on residential loan submissions issuing approvals in compliance with federal, state and company guidelines.
• Corresponded with processors to attain outstanding documentation needed to complete requirements as stipulated on the commitment.
• Reviewed and ensured data integrity to confirm the accuracy of automated underwriting findings.
• Worked with senior management on loan exceptions.
• Authorized to withdraw and decline loans.
• Signed an authority of up to $2M.
• Ensured that the loan file met all Freddie Mac credit, capacity and collateral requirements according to the
• Master Agreement, Seller Profile and Seller Servicer Guide.
• Worked with loan types such as FHA, conventional, Jumbo, ARM, Balloon, HELOC, negative AM loan, step rate mortgages, Home Equity and non-conforming 1st and 2nd mortgage loans Mortgage Underwriter II
Bank Of America - Dallas, TX
February 2007 to May 2013
• Reviewed and qualified residential loan submissions issuing approvals in compliance with federal, state and company guidelines.
• Signed an authority of up to $2M
• Examined loan documentation for accuracy and completeness including credit report, property evaluation, financial statements applicable ratios (i.e. debt to income, loan to value) in accordance with company guidelines.
• Corresponded with processors to attain outstanding documentation needed to complete requirements as stipulated on the commitment.
• Reviewed and ensured data integrity to confirm the accuracy of automated underwriting findings.
• Worked with senior management on loan exceptions.
• Authorized to withdraw and decline loans.
• Worked with loan types such as conventional, Jumbo, ARM, Balloon, HELOC, negative AM loan, and step rate mortgage
Education
B.A in Accounting/Business Admin
Texas Southern University
Skills
• Underwrite large variety of mortgage Loans including conforming, non-conforming, prime, subprime, conventional, FHA and VA all with attention to detail
• Experienced in Manually Underwriting reviews, New Trak/Process Management, Encompass LOS, MSP Director approval systems, Black Knight Financial experience, Lending QB, Blitz Docs
• knowledge of both federal and state compliance regulations, risk assessment databases, statistical reporting, and creating spreadsheets, and identify trends.
• Reviewed HUD 1, Title, Appraisal, Truth and Lending, note, deed, addendums and all itemization forms for completion and accuracy.
• Analysis skills
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