Paul Saldivar

*** ************ **, ** *****, FL *2259

818-***-****

advsb3@r.postjobfree.com

Linkedin: Paul Saldivar

Career Summary: I am an FHA and conventional underwriter with over 20 years of residential mortgage lending experience including Underwriting and Team Leader positions in Wholesale, Retail and Correspondent lending departments, Construction lending, Forensic Underwriting and Quality Control. Experience includes proficient knowledge of FHA handbook including FHA 203(k)and conventional agency guidelines, manual Jumbo loan underwriting as well as high balance agency loan programs. I have maintained a high-quality standard, exceeded company quota, and maintained a proven track record. I have a proficient ability to identify red-flags and obtain documentation to clear the flags or support misrepresentation.

Work Experience:

03/2015 – 10/2022 Foothill Ranch, CA

Senior DE/Conventional Mortgage Underwriter (Remote)

●Perform analysis of assets, complex income (personal and business tax returns), credit & collateral documents for loan viability for the secondary market and FNMA direct

●FHA, FHA 203(k) expert Conventional (FNMA and FHLMC) Home Ready, Home Possible and Non-QM underwriting

●Designated underwriter for all multiple states with signing authority to $2M

●Review of all loan documents and utilization of risk programs to identify red flags

●Provide detailed explanation and support for loan credit and property exceptions to senior management as required per loan programs

●Underwriting team top producer and assisted in the creation and implementation of best practices for the department to mitigate risk while increasing productivity

●Reviewed morning report for loan status and review of assignment of loans for daily tasks to underwriting team

●Assisted underwriting team with questions on complex loan scenarios

04/2011- 02/2015 Digital Risk Jacksonville, Fl

Mortgage Underwriter (Remote)

●Specialized in Conventional, Conforming, Non-Conforming and FHA mortgage loans focused on difficult/complex loans, while ensuring that the compliance of the company and investor guidelines were met

●Making structural recommendations and the review of loan documentation for accuracy and completeness

●Proven ability to handle high volume and communicate well with inside and outside customers

●Expert with DU, LP AUS and the review of manual underwrites, when required

●Adding outstanding and clearing conditions

●Reviewing the credit report to determine the Borrower's qualifying credit score, calculating open debt to calculate debt to income ratios and a full review of the Borrower's overall credit worthiness

●Analyzing income documentation, including pay stubs, W-2's, personal, business and corporate tax returns

●Reviewing asset documentation, including personal bank statements, 401k and investment portfolios to determine sufficient assets and to verify any undisclosed debt

●Completing a full review of the subject property appraisal, and documenting any red flags

●Written and oral communication with strong and articulate documentation of the subject loan determination

●$1,000,000 lending authority

08/2010 - 4/2011 Leader Bank Boston, MA

Mortgage Underwriter (Independent Contractor)

●Analyzing residential mortgage loan origination documentation

●Specialized in Conventional, Conforming, Non-Conforming and FHA mortgage loans focused on difficult/complex loans, while ensuring that the compliance of the company and investor guidelines were met

●Analyze whether the prospective loan meets the lending institution's requirements

●Expert on Fannie Mae, FHLMC, FHA, VA investor guidelines

●Expert with DU, LP AUS and the review of manual underwrites, when required

●Audit and Quality Control of entire files from open to close

●Strong written and oral communication with strong and articulate documentation

●Analyzing income documentation, including pay stubs, W-2's, personal, business and corporate tax returns

●Reviewing asset documentation, including personal bank statements, 401k and investment portfolios to determine sufficient assets and to verify any undisclosed debt

●Completing a full review of the subject property appraisal, and documenting any red flags

●$1,000,000 lending authority

02/2008 - 8/2010 Poli Mortgage Boston, MA

Mortgage Underwriter

●Analyzing residential mortgage loan origination documentation

●Assessing the credibility of the file to determine if applicant qualifies for loan based on current guidelines.

●Analyze whether the prospective loan meets the lending institution's requirements

●Familiar with, Fannie Mae, FHLMC, FHA, VA investor guidelines

●Compliance with RESPA, Credit Fair Act, TIL

●Audit and Quality Control of entire files from open to close

●Strong written and oral communication with strong and articulate documentation

●Communicating with internal and external customers to obtain necessary documentation to review and make a decision on loan file

●Extensive credit, income analysis and appraisal review experience

●Education: 1993-1996 Pierce College, Woodland Hills- Associates Degree in Business

●Certifications & Awards DE CHUMS, Achievers Club 2012 with Digital Risk and SASE Level 3 Mortgage Underwriting Certification

●Skills Bilingual in Spanish

Proficient in Microsoft Windows; Word, Excel, Calyx, Point, Encompass, EDGE, LUSY, DRMS, AUS and Empower

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