Loan Underwriter

PROFESSIONAL EXPERIENCE

Loan Underwriter, Private Money Lending Jun 2019 – Nov 2022

Easy Financial, Culver City, CA

Underwriting residential 1-4, multifamily & commercial properties per investor guidelines.

Entity documentation review and ownership structure verification

Review of rehab & construction budgets for “fix-and-flip” and “ground-up” loans

Ensure economic feasibility and general reasonability of construction, rehab and DSCR loans

Loan Underwriter, Secondary Market Jan 2012 – Nov 2014

Pennymac Corp, Moorpark, CA

Re-underwriting loan applications and all loan documents for further resale (volume 5-7 daily)

Inspecting all disclosures and signed loan documents for compliance

Experience with DU/LP

HSS2 (Loan Processor / Underwriter), Level 1 Oct 2009 – Dec 2011

Bank of America, Woodland Hills, CA

Underwriting loan applications and all loan documents

Providing conditional loan approvals and sign off on underwriting conditions.

Manual Underwriting authority for conforming loans

Income analysis for wage earners and self-employed borrowers (Schedule C)

Complete analysis of loan applications and all supporting documentation

Compensating factor analysis

Analysis of conventional and nonconventional mortgages, short sale and foreclosure closings, FHA and MHA loans, refinance and purchase loans

Counteroffer on loans that do not comply with guidelines

Review appraisals for compliance with lender guidelines and industry standards

Loan Processor / Underwriter Apr 2001–Oct 2009

Apex Financial Group, Encino, CA

Analysis of loan data to ensure compliance with lenders’ guidelines

Management of loans from origination to funding and recording

Risk assessment

Income analysis; calculation of front/back end DTI

Credit analysis

Interface with clients to collect necessary documentation

Interface with outside vendors and lenders

Mechanical Engineer 1994 –2001

Various Employers, CA

SPECIALIZED SOFTWARE SKILLS

Lending Wise EDGE Point Genesis

EDUCATION

Master’s of Science Degree in Mechanical Engineering

Kazan University of Science and Technology, Kazan, Russia

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