Stephanie Reimers

DE/Jumbo/Bond/Conventional Underwriter

Phone: 503-***-****

Email: adue8c@r.postjobfree.com

SUMMARY

Over 30 years of Mortgage Industry experience. 7 years Fannie/Freddie/FHA/Delegated

& Non Delegated Jumbo & Bond Underwriting. 23 years in Processing & Sales experience. In both retail and wholesale mortgage environments. A make sense Underwriter that is flexible, very positive, and has strong ability to unify sales and operations, while assuring high performing loans. Strengths included:

*Team & Relationship Building *Productive Tier in Top 10% of Company *Risk Analysis

*Self Starter *Customer Service *Excellent Quality Control Record *Reliable & Trustworthy

PROFESSIONAL EXPERIENCE

Summit Mortgage Corp. (Dec 2021-July 2022).

Position Held: Underwriter Team Lead

*Responsible for training new Underwriters while supporting existing Underwriters to obtain new credentials

*Perform 2nd sign for all Jumbo Products. As well as approve debt ratio, credit score, loan to value and collateral exceptions.

*Responsible for staying up to date on all Agency and Investor guidelines. As well as oversee policy distribution to Underwriting Teams

*Monitor Underwriting Teams production through available reports to ensure target goads, objectives and company standards are being met.

*Handle escalation of files from Underwriters, Processor and Loan Officers to ensure the original Underwriter has issued accurate credit decision/approval/conditions.

*Assist in age reporting and investor suspense conditions

*Approve time cards and PTO

*Assist in risk management and operational policy

*Min of 2 new underwrites, per day.

Better Mortgage (Jan 2021-Dec 2021)

Position Held: Underwriter

*Underwriter and decision FHA/Conforming mortgage loans

*Verify and analyze all necessary financial information and documents; to ensure that loan files contain necessary credit and legal documents

*Review appraisal reports to identify and resolve any discrepancies discovered to insure collateral meets investor guidelines

*Evaluate creditworthiness of borrowers in order to render a credit decision. This includes but not limited to the review of paystubs, W2’s, financial statements, tax returns, asset statements and credit reports.

*Calculate income/self employed cash flow using documentation and methodology required by investor. Analyze business’s financial strength by examining annual earnings, stability and validity.

*Assure SLA turntimes for: Final Approval within 24 hours. Suspense and condition review within 24-48hours.

*Communicate effectively and engage proactively with Loan Officer, Processor, Manager, Closer and Post Closers; in regards to loan decisions, conditions and loan scenarios.

*Coach/counsel Loan Officers and Processors in the interpretation and application of underwriting guidelines. While providing guidance and recommendations.

*Assist when required to satisfy any post closing issues. Finance of America (March 2015-Dec 2020)

Position Held: Underwriter

*Qualify and decision FHA, Conforming and Bond Mortgage loans utilizing both manual and AUS engines

*Maintain 24 hours for Prior to Doc conditions and 24-48 hours for initial underwrite

*Responsible to support retail branch in all aspects of credit lending, cross training and quality control

*Communicate effectively, in both verbal and written form with Loan Officer, Branch Manager & Processor.

*Strong time management skills to plan and organize a high daily loan volume

*Ability to perform duties under minimal supervision and actively engaging with Supervisor to resolve complicated issues

*Extensive knowledge inputting data and reconciling LP/DU findings to ensure data integrity and compliance

*Ability to understand and interpret appraisal reports

*In depth knowledge of credit and mortgage underwriting policy and practices SKILLS

Experience and working knowledge of Byte/Point, Encompass, Datatrac & DocVelocity. Ability to work in a fast paced environment with a sense of urgency. Proficient in Excel, Word, Outlook, Teams, DU and LP.

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