Loan Processor Officer
Resume:
Deborah Stromwall
Torrance, CA *****
***********@*****.***
Reestablish my career as a Sr. Loan Processor
Authorized to work in the US for any employer
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Work Experience
Consumer Loan Processor III
Union Bank/MUFG - Brea, CA
March 2021 to March 2023
I worked as a Senior Processor/ in the HELOC Department at Union Bank.
We did refinance loans only.
Processing system: Empower.
My responsibilities were to review the file: Initial File Review. Contact the borrower regarding the initial "Needs List" which all documentation had to be received within a 15 day period.
Responsibilities included:
Contact borrower & Banker every 3 days (follow up)
Review initial documentation needed in order to submit the file to our underwriting department for initial credit decision.
Underwriter Title & Appraisals
Move file to underwriting department & Closing department (docs)
Schedule doc signing
Order all pay off demands ( mortgage, installment & credit cards)
Credit report supplements
Order Lenders Loss Payee endorsements adding Union Bank/
MUFG'
Correct spelling to MUFF?
Add conditions when necessary.
Input all fees.
Re-run pricing
Complete document draw screens & initial draw instructions
Order Notary ( BankServ)
Executive Director of Fostering Hope LA
Fostering Hope LA - Torrance, CA
June 2016 to Present
501(c)(3) nonprofit)
We work with foster youth, ages 16-21 in the foster care system and/or those aged out of the system. We conduct an 8-week life/job skills program and we also help empower them with our mentoring program.
Director of Development
StraightWays
2014 to 2015
501(c)(3) nonprofit)
We worked with at risk youth in LA county. I helped raise funds for events and also mentored some of the students.
Sr. Loan Processor - FNMA/Conventional/Jumbo/Refinance and Purchase Loan
Eagle Home Mortgage - Torrance, CA
January 2013 to July 2013
Transactions.
DU approval, all PTD & PTF conditions, ordered escrow instructions, title, etc.
Called out approval to Real Estate agents and clients. Ordered docs through our regional office in Orange County - Scheduled loan doc signing, funded & closed loans in timely manner.
I left this company due to a discrepancy with a co-worker that could not be resolved.
Sr. Loan Processor
E-Mortgage - Downey, CA
2009 to 2011
Processed mostly Conventional & FHA refinance and purchase loan transactions
1-4 Units / Owner & non-owner transactions
This office also consisted of a small Real Estate office, so I handled all the Sr. Processing details from DU/LP - all prior to doc and funding conditions, ordered loan documents, handled funding and closing of transactions.
Pipeline 15-25 files per month - Average Funding 8-15 per month
Sr. Loan Processor
Sr. Loan Processor Allstate Bancorp - Beverly Hills, CA
2008 to 2009
Mortgage Brokerage
Process Conventional & FHA - Purchase, Short Sale Purchase & Refinance Transactions
Pipeline 25-40 - Average Funding 10-20 per month
Calyx Point / Encompass 360
Handle file from Start to Finish\Pre-Underwrite file, Pre-qualify (1040, 1120, 1065-K-1 returns)
DU/LP, Lock Loan, Handle all PTD & PTF conditions, Order Docs, Fund loan in a timely manner
Refinance/ Purchase / Short Sale Purchase transactions
RESPA - new guidelines / Refi Du Plus / Lenders: Amtrust, AHE, Icon Residential, MetLife,
Provident bank, First Cal, PRMG-PMAC, Flagstar, US Bank,
Wells Fargo Bank, Pacific Union, Clear Vision Funding, Essex,
Contract Sr. Loan Processor
USA Mortgage - Beverly Hills, CA
2006 to 2008
Residential, Conforming, Jumbo, Reverse Mortgages, FHA Loans. A paper, FNMA guidelines- knowledgeable, dependable, experienced, motivated
Handle 35-50 files per month, Package file from start to finish, Submit package (On-line, DU/ LP, E-magic. or manually) Lock loan, communication between loan officer, client, escrow, title, underwriter,
Reason for leaving: They closed their Mortgage Branch
Sr. Loan Processor
Guaranty Residential Lending - El Segundo, CA
2004 to 2006
Process file completely and accurately
DO/DU/LP
Handle PTD & PTF conditions
Communicate with escrow, loan officers etc.
Draw loan documents
Fund & follow up on recordings
Quality control
TMO Software
(Laid Off- Company was bought out by First Horizon)
Jr. Processor
Sr. Loan Processor All Nationwide Funding Group - Westchester, CA
2001 to 2004
on information & documentation needed to submit file
Responsible for delegating duties to Jr. processing dept.
Submit to various lenders (on-line and/or manually)
DU/LP
Handle all locks
Fund 25-40 loans per month
Sr. Loan Processor/Asst. Office Manager
Independent Mortgage
2001 to 2001
Train jr. processors
Review files for qualifying
Coordinate loans thru pipeline
Submissions/ / approvals/
Prior to doc & prior to funding conditions
Order loan docs; follow up w/ escrow & clients signing
Manage office procedures
Update loan officers on new lenders, programs
Advertising issues
Temp Contract Processor - Branch Closed
Easy Reader Newspaper - Hermosa Beach, CA
2000 to 2001
Sales Real Estate Advertising
Jr. Loan Processor - Sr. Loan Processor
South Bay Life Magazine
1987 to 2000
Sell 8-12 pages of magazine weekly
Give presentations to local real estate offices
Attend broker's open house (Thursday & Friday)
Build the ads for magazine (take photo of property)
1987-2000: Jr. Loan Processor - Sr. Loan Processor
I worked for various local Mortgage Brokerage agencies in South Bay and also San Diego.
Duties were to handle all ordering of documentation, credit reports, escrow instructions, title reports, and appraisals, income, and asset information.
When received I was to review and make necessary corrections to 1003's & 1008's and submit to various lenders, call out the loan approvals, handle all PTD & PTF conditions, order docs and make sure loans funded.
Education
High school diploma in Property Management
American School of Mortgage Banking
1985 to 1989
+ Add level of education
+ Add field of study
El Camino Jr. College - Gardena, CA
1977 to 1978
+ Add level of education
+ Add field of study
North High School - Torrance, CA
1973 to 1977
Skills
Do you have any of these top skills employers are looking for?
Escrow
Credit Analysis
Underwriting
Property Management
Tax Experience
Administrative Experience
Event Planning
Fundraising
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Wholesale & Retail experience Broker & Banking experience Refinance & Purchase
owner & non-owner FNMA Guidelines / FHA Guidelines Calyx Point & Encompass Software Conventional & FHA Conforming & Jumbo Product Reverse Mortgage, some Construction and Commercial experience. Short Sale Purchase Transaction
Loan Origination
Banking
Calyx Point/ Encompass
-
10+ years
Loan Officer Experience
Strategic Planning
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