Loan Processor Credit Underwriter

Monica Landers

Bowie, MD ***** 301-***-**** **************@*******.***

PROFESSIONAL SUMMARY

Advanced knowledge of Credit and Forensic Underwriting Review and Analysis. Focused on mitigating company risks while making strategic decisions based on sound criteria as a skilled Credit Underwriter. Proven expertise in identifying unacceptable risk and preventing fraud. Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy.

SKILLS

Consumer Loan Underwriting. i.e, car loans, student loans, home improvement loans

10 years of working remotely

Financial Analysis - Banking

Construction Loans

Loan Processing Coordination

Community Reinvestment Act

Forensic Credit & Project Review

Banking Standards

Variance and Risk Analysis

Federal Statutes

Commercial credit reports

Credit history assessment

Commercial loan and appraisal review

Owner of Loan Processing Company

WORK HISTORY

AVP, UNDERWRITER/SPECIAL ASSETS PORTFOLIO MANAGER 11/2022 to

Eagle Bank Bethesda, MD

Under limited supervision, manages portfolio assets, underwrites loans and works with existing clients in support of one or more Workout Liquidation Officers.

Facilitates existing credit underwriting for modifications and extensions. Works with Workout team to clear past dues, clear exceptions, review loan advances or pay downs and review borrowing bases.

Determined and documented loan conditions and communicated requirements and decisions.

Analyzed credit, income, compliance, title documents, and appraisals during underwriting process.

Monitored market conditions and economic trends to identify and limit potential risks.

Evaluated loan applications for affordability and conformance with underwriting guidelines.

Examined credit reports, financial statements and tax returns to determine repayment capability

SENIOR CREDIT & MORTGAGE/DE /JUMBO UNDERWRITER 05/2013 to 08/2022

Lakeview Loan Servicing Horsham, PA (Remote)

Reviewed and processed complex files that included multiple businesses, properties, and other alternative document products.

Reviewed and evaluated credit, income, and assets of submitted loans files from all loan conduits.

Analyzes appraisals for completeness to determine acceptable collateral standards have been met.

Assist in special assignments as requested by management.

HELOC and 2nd Mortgages

Purchase Money Transactions

Asset based Underwriting.

Due diligence and Forensic/Fraud Review of all files underwritten.

Re-Underwrite files to dispute repurchase demands, if necessary, from HUD/FNMA and FHLMC.

Maintained mortgage program compliance with federal agencies such as VA, HUD and FNMA.

Reviewed team underwriting decisions to identify incorrect actions and reverse previous decisions when merited.

Met 24-hour timeline consistently, turning around applications quickly with firm approval or denial decisions.

Obtained copies of applicants' credit histories and reviewed paperwork to determine feasibility of granting loans.

Monitored pipelines to track and log status of loans.

SENIOR NON-QM CREDIT UNDERWRITER/JUMBO UNDERWRITER 05/2018 to 08/2019

Sprout Mortgage, LLC East Meadow, NY (Remote)

Frontline underwriting origination of commercial, Super-Jumbo, Jumbo and Non-conforming specialty residential loan products, conducting credit obligation risk reviews and reviewing income, assets of retail and correspondent loans and apply needed conditions for loan submissions to assure loans meet program/product specifications.

Performing successful Full Doc, manual underwriting, requires detailed familiarity with commercial, various bond programs, asset based and all government loans.

Executing appraisal analysis to determine that acceptable collateral standards are met, while completing necessary research to determine federal, state and company compliance for both commercial and residential loans.

Communicating credit risk decisions to partnering individuals within company, correspondents, or borrowers

Performing due diligence quality review of partnering underwriters, by providing detailed review of retail and correspondent approved loans, including credit, income, and asset analysis and findings

Alternative qualifying, near-miss jumbo, Super Jumbo, non-warrantable condos, recent credit events and investor options - including fix-n-flip loans.

Asset Depletion Loans

Paid attention to detail while completing assignments.

Identified issues, analyzed information and provided solutions to problems.

Participated in team projects, demonstrating an ability to work collaboratively and effectively.

Demonstrated a high level of initiative and creativity while tackling difficult tasks

EDUCATION

High School Diploma

Central High School, Capitol Heights, MD

Associate of Science

University of Maryland - Eastern Shore, Princess Anne, MD

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