Loan Processor Customer Service

RT

REDONDA S. THOMAS

***********@*****.*** 707-***-**** Vallejo, CA 94591

Highly motivated, goal oriented seasoned professional with over 30 years of experience. Proficient in Underwriting Jumbo QM/Non-QM, Fanniemae, Freddiemac, Alt-A, Subprime, Equity loans, Equity lines and FHA. Specialized in Purchase and Refinance loan programs all properties types including 1-4 unit properties. Prior jobs I held, District Operation Manager, Account Executive, Funding Supervisor, Loan Processor, Loan Funder and Document Drawer. Automated Engines: FNMA DU, FHLMC LP, RFC

Assetwise, Countywide Clues.

Empower, LS, Datatrac, Calyx Point, Fraudguard, Data Verify,

Property Evaluation

Attention to Detail

Creditworthiness Determination

Pipeline Management

Customer Service

Analytical and Critical Thinking

NMLS Registration #716776

Multitasking and Prioritization

Decision Making

Industry knowledge

Friendly, Positive Attitude

Problem Resolution

Good Work Ethic

Teamwork and Collaboration

Managing Operations and Efficiency

Planning & Organizing

Loan Feasibility Assessment

Financial History Analysis

Sound Judgment

Income Evaluation

Cross Sell Products

Account Executive skills

Prior Real Estate Agent knowledge

DE/CHUMS #DX87

Fremont Bank Livermore, CA

Wholesale Jumbo QM/Non-QM/Agency

Underwriter

04/2010 - 08/2022

Examined Wage-Earner, Retired and Self-Employed income. Analyzed applicant assets and credit history to determine willingness and capacity to repay proposed mortgage obligation.

Issue Notice of Incompleteness, Counter Offers, Approvals and Denials on all Purchase and Refinance first and second mortgages. Collaborated with Brokers, Sales Team, Loan Officers, Processors, Document Drawer and Funders.

Review and analyze Personal and Business Returns including Sch C, K1's, S-Corp, Partnership and C-Corp returns.

Review and analyze Business Profit and Loss Statements and Balance Sheets.

Skilled in Asset Depletion, RSU income and Rental Cash Flow. Cultivated professional client relationships by asking appropriate questions, identifying needs and providing insightful information regarding various loan products.

CRA, CalHFA loan programs.

Support and trained Loan Processors to become Jr. Underwriters. Signing Authority up to $5,000,000.

Summary

Skills

Experience

Expert in Underwriting Non-QM Portfolio loans.

Specialist in Underwriting QM investor specific loans. Excel in Automated Underwriting: Fannie and Freddiemac. Responsible for reviewing and signing off on all prior to docs and prior to funding conditions.

Neighborhood Housing Services of

America Oakland, CA

Secondary Marketing Mortgage

Underwriter

10/2008 - 02/2010

Accurately analyze first time home-buyers loan files. Confirmed loan eligibility.

Analyzed loan risk and reviewed loan conditions and requirements. Recommended all exceptions to credit guidelines with justifying factors to Upper management.

Scrutinized applicant assets and credit history to determine willingness and capacity to repay proposed mortgage obligation. Evaluated Secondary Financing loan to insure meets FNMA community second guidelines.

Examined and updated Fnma Du findings for accurate findings results. Issued final commitment letter to N.W.O offices.

Territory: Responsible for reviewing and purchasing loans throughout USA.

Review titles and appraisals to validate properties meet investor guidelines.

Requested additional information for applications and documents when necessary.

Maintained compliance with company and regulatory policies. State of California

Real Estate Principles Course

01/2001

American Institute of Mortgage Banking

Certificate in Tax Evaluation/Analysis Class

01/2000

American Institute of Mortgage Banking

Underwriting Certificate

01/1998

Contra Costa College San Pablo, CA

Certificate in Business Management

06/1991

References available upon request.

Education and Training

References

Contact this candidate