Data Entry Loan Processor
Resume:
Stacey Lockman
**** ********* ** ***** *****, NC 28023 704-***-****
adtxw7@r.postjobfree.com
OBJECTIVE
To obtain a challenging position in a stable, forward thinking company, where I can use my skills to contribute to overall success and business growth.
EMPLOYMENT HISTORY
Wells Fargo Home Mortgage August 2014-January 2023
SAR/LAPP/DE/Conventional Underwriter MCD 4
Responsible for underwriting mortgage loans to follow current Conventional, VA and FHA guidelines. Review loans for Path of Assistance decline and credit rejects.
Ensure that application declines were in compliance with ECOA standards.
Determine whether any other lending programs met the applicant’s financial status and criteria prior to decline and that the decline was justified based on the information provided by the borrower.
Examining all loan documents and determining if the applicants meet the criteria for the loan product they have applied for.
Responsible for underwriting complex credit and building credit for borrower’s without an established credit history. Also building credit for foreign borrowers that do not have an established U.S. credit file.
Work as a team to obtain and review necessary documentation in a timely manner to ensure an efficient loan process.
Review all income and assets, including foreign documents, to ensure they meet the standards of the program the applicant applied for.
Review title, taxes, various casualty insurance policies (Home owners, Wind, Flood, etc.), and Appraisals for verification all applicable items were acceptable, present in file and properly included in the overall loan picture.
ACCENTURE August 2013-July 2014
Conventional/HARP Underwriter
Examined all loan documents and determined if the applicants met the criteria for the loan product they applied for.
Worked with processing to obtain and review all loan documents in a timely manner.
Communicated with the processor, applicant, and the loan officer to expedite the receipt of any additional documentation that may be required or update the status of the loan
Adhere to guidelines set forth by contract owner-Bank of America
.
First Bank Mortgage Partners November 2012-July 2013
Direct Endorsement/Conventional/USDA Underwriter
Worked with processing to obtain and review all loan documents in a timely manner
Communicated with the processor, applicant, and the loan officer to expedite the receipt of any additional documentation that may be required. Or update the status of the loan.
Assisted closing with title issues as well as various closing issues.
Worked with post-closing to put together all documents required to send to the investor.
Assisted post-closing in obtaining any additional documentation required by the investor after submission of the original package.
Worked with FHA/Conventional underwriting standards. In addition, maintained current knowledge of guidelines for Wells Fargo, Stearns, BB&T, Franklin American, Sun Trust, USDA, and First Bank’s product line.
Examined all loan documents and determining if the applicants meet the criteria for the loan product they have applied for.
Was responsible for reviewing all collateral, title and insurance.
Communicated with brokers directly to ensure borrowers received prompt updates on the loan status and requests for additional documentation.
Fifth Third Mortgage Company April 2012-November 2012
National Direct Endorsement Underwriter
Examined all loan documents and determined if the applicants met the criteria for the loan product they applied for.
Worked with processing to obtain and review all loan documents in a timely manner.
Was responsible for reviewing all collateral, title and insurance.
Communicated with the processor, applicant, and the loan officer to expedite the receipt of any additional documentation that was required.
Held a signing authority for $1 million- Jumbo Underwriter
Worked with FHA standards and Fifth Third guidelines in all geographic areas of the United States. Was responsible for underwriting standard conventional and Make Home Affordable mortgage products as well as VA IRRLs.
Bank of America April 2009-April 2012
National Direct Endorsement Underwriter/SASE 3
Responsible for underwriting loans to FHA standards and Bank of America guidelines in all geographic areas of the United States. In addition to underwriting FHA loans worked with standard conventional, VA IRRLs and Make Home Affordable mortgage products.
Examined all loan documents and determined if the applicants met the criteria for the loan product they applied for.
Worked with processing to obtain and review all loan documents in a timely manner.
Communicated with the processor, applicant, and the loan officer to expedite the receipt of any additional documentation that may be required or update the status of the loan.
Was responsible for FHA collateral review, title and insurance review.
Equifirst Corporation May 1999-April 2009
Positions held:
National Direct Endorsement Underwriter – Responsible for underwriting loans to FHA standards for all regions of the United States.
Mortgage Credit Examiner- working with 6 Senior direct endorsement underwriters
Senior Underwriter- responsible for underwriting loan amounts up to $650,000.00
QA/QC Auditor- reviewed closed loan files to verify underwriters are maintaining company underwriting standards as well as compliance to state and regulatory guidelines. Reviewed prior to closing and post- closing loan files.
Mortgage loan processor- data entry as well as written and verbal verification of all loan documents received.
Other employment activities included the following:
Initiated continued skill development in current product offerings and underwriting guidelines.
Communicated solutions to Account Managers and Account Executives on complicated loans.
Analyzed loan situations and made decisions on the best course of action when unguided by current policies.
Reviewed conditions received and verified adherence to guidelines.
Handled workload generated by 3 – 5 Account Executives simultaneously.
Maintained and nurtured relationships with Account Executives and Brokers.
Expanded upon knowledge base of loan processes and procedures in every stage of the loan life from inception to close.
Managed incoming calls and performed initial service for customers.
Utilized technical skills to update phone database system.
Prepared all closed loan files for secondary marketing.
EDUCATION
Grossmont College San Diego, CA
Finance, Business, Real Estate Management
1986-1988
Professional References:
Darren Jenson- Associate Manager–Wells Fargo
Minneapolis, MN
Dan Rojas- Associate Manager- Wells Fargo
Charlotte, NC
Caroline Cagle- Recruiter - Independent
Oologah, OK
Personal References available upon request.
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