Loan Processor Closing Coordinator

Glendora, CA ***** 626-***-**** *******@***.***

PATRICIA COMBS

Process and Submit loans correspondent & wholesale. Calculate Income W-2, Self-employed, Corporate, Trust, Note, Etc. Prepare Collateral package for investors. Process Conventional Loans, Jumbo, FHA/VA from opening to Closing.

PROFESSIONAL

SUMMARY

SKILLS ● Tax Returns

● Income Evaluation

Automated Underwriting

System (AUS)

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● Credit History Review

Loan Processing

Coordination

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LOAN COORDINATOR 05/2021 to 02/2022

Guaranteed Rate Affinity, CA

SR. LOAN PROCESSOR, POST CLOSING COORDINATOR 09/2013 to 05/2021 Fidelity Funding/Chu & Associates, Inc

WORK HISTORY

● Monitored pipelines to track and log the status of loans.

● Established plans and payoffs for customers' loans, prioritizing control of overall costs.

● Reviewed, processed, closed, and administered customer loan proposals.

● Originated, reviewed, processed, closed, and administered customer loan proposals.

● Doc Drawer, Funder,

● Ensured loan submittals met internal and external eligibility requirements

● Evaluated financial strength of borrowers to determine risk and repayment capacity

● Run DU, LP, AUS

● Verified documents for loan Eligibility

● Manage pipeline from beginning to end

● Track, report delivering trailing docs (Deed of Trust, Title Policy) to investors Track, review, and deliver final HUD-1 to investors making sure he loan is sold in a timely matter

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● (Average turn time is 5-7 days)

● Scan files into imaging systems

● Make sure all files meet the compliance requirement before drawing loan docs

● Perform LE/CD review, QM and check the accuracy

● Review original closing documents to ensure the problem Solvingy were properly executed

● Follow up on, review, request corrections, and scan all trailing loan documents

● Package and ship loans to document custodian

● Perform quality assurance reviews on 10% percent of closed loans

● Audit loan file and lock confirmation to prepare final loan documents Ultimately responsible for ensuring post-closing documentation remain in compliance with established policies regulations

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● Register loans with MERS

SR. LOAN PROCESSOR/JR. UNDERWRITER 09/2012 to 09/2013 NC Mortgage

● General disclosures for submission

● Fannie Mae UCD & UCDP appraisal report SSR's

● Process and Underwrite conventional loans

● Processing and negotiating short sale transactions Underwrite loans file to determine compliance with company, investor and FHA/VA guidelines

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● Successfully processed some of the most challenging loan applications Ensured all files were complete prior to underwriting hand off and coordinated effectively with the title companies to ensure smooth closing

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Ensured Loan submittals met internal and external eligibility requirements Gained extensive 1

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John Muir High School, Pasadena, CA

High School Diploma, 06/1973

EDUCATION

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