Mortgage Underwriter Loan Processor
Resume:
ATINUKE AJAYI
***********@*****.***
A Mortgage underwriter with years of experience in financial reporting, analysis, and project management. Consistently meets deadlines, resolves discrepancies, and increases company revenue. Highly skilled at maximizing productivity through detailed analysis and process improvements. Comprehensive knowledge of underwriting guidelines and restrictions for conventional and government insured loan programs for both conforming and nonconforming mortgages. Work collaboratively with team members to drive deals to successful funding and close. Skills
Lending and Underwriting Guidelines, Credit and Income Analysis, Cashflow Analysis, Risk Assessment, Debt-to-Income Ratios, Loan-to-Value Ratios, Conventional and Government Mortgages, Conforming and Nonconforming Loans, ARMs, Loan Closing, Funding and Documentation and Encompass. MORTGAGE UNDERWRITER
Wells Fargo 10/2020- PRESENT
• Evaluates credit worthiness to render a credit decision. This includes but is not limited to the review of credit reports, paystubs, w2s, financial statements, tax returns, assets statements etc.
• Successfully evaluated borrower’s credit, collateral, and capacity to repay the requested loan.
• Analyzes difficult and challenging problems and identifies potential or innovative solutions, identifies documentation deficiencies within review and communicates findings with clarity.
• Manages assigned pipeline; Disposition loans within 24-48 hours of receipt and timely resolves conditions.
• Maintain communication with management on status of loans in progress, ensure all tracking is kept up to date on loan status so it clear if loans are being held up, what the reason for the hold- up is.
• Accurately calculate borrower’s income and debt-to-income ratios, credit score, property valuation and various other factors.
• Perform risk analysis and make decisions regarding deficiencies identified during the review process.
• Calculate PITIA, verify liabilities and income to determine DTI meets the minimum acceptable to decision a loan.
• Successfully worked with Loan processors and Loan officers on collecting information and documentation necessary to finalize incomplete loan packages.
• Detailed attention in documenting and effectively communicating reasons for the approval or rejection of loans.
• Work in collaboration with the team to ensure SLA targets are met.
• Strong knowledge of unique property vesting i.e trusts and LLCs.
• Proven ability to perform quality work while maintaining productivity and compliance standards.
• Familiar with using selling guide to frequently look up relevant guidelines.
• Calculated income using documentation required per investor, questioning any large changes in income.
• Review 1003 and Transmittal to make sure it is accurate and complete.
• Underwrite with clues, DU & LP income, credit, asset, and collateral documents. MORTGAGE UNDERWRITER
Mission Mortgage Inc 04/2018- 09/2020
• Underwrote with Clues, DU & LP income, credit, assets and collateral documents.
• Informed Loan Officers, Loan Processors Closers and management of changes, status updates, findings and credit decisions.
• Participated in special projects and assignments and performed other duties as assigned.
• Reviewed multiple files per day to hit production goal while maintaining perfect loan quality with elite client services.
• Maintained meticulous attention attention to detail in underwriting mortgages.
• Maintained communication with management on status of loan in process, ensured all tracking is kept up to date on loan status so it clear if loans are being held up, what the reason for the hold-up is.
• Reviewed all sections of loan application (1003) and identified red flagsin loan applications. LOAN PROCESSOR
Mission Mortgage Inc 06/2016- 04/2018
• Evaluated credit worthiness by processing loan applications and documentation within specified limits.
• Provided support to loan officer and underwriter teams by ensuring the timely, judicious and accurate processing of mortgages.
• Reviewed and verify borrower’s income, credit reports, employment histories, property appraisals and title insurance information to prepare loan applications for underwriting submittals.
• Identified and recommended products that meets the customer’s needs and the organization lending guidelines.
• Communicate with clients either to request or to provide information.
• Assisted in training new hires.
• Ensured the adequacy and accuracy of all customer loan documentation necessary for loan approval and closing.
• Utilized professional judgement to determine which potential borrowers represent good risk opportunities for the organization.
• Operated in compliance with laws and regulations and adhere to lending compliance guidelines.
• Ability to obtain relevant information from clients, realtors, builder, title companies, appraisers, bankers, accountants, or anyone associated with the origination process.
• Assisted customers with moderately complex inquiries or problems.
• Processed Conventional, FHA, and VA loans.
EDUCATION/CERTIFICATION
Bachelor of Science in Accounting, Bowen University Microsoft Certified: Azure Fundamentals (AZ-900)
Certified System Administrator (CSA)
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