Elizabeth Ollaca

*** **** **, ** *****, CA, *****, US • 562-***-**** • adzbpx@r.postjobfree.com

Highly motivated Mortgage Loan Closer with 15 years of extensive knowledge in the mortgage/lending industry. Proven ability to complete files from origination to closing, interacting directly with internal and external contacts. Detailed oriented, able to multitask and prioritize an extensive pipeline to meet deadlines with quality in a fast-paced environment. In-depth knowledge of direct and indirect lending products, finance concepts and loan types (Conforming, Non-Conforming, Refinance, Purchases, Commercial, Hard Money, Fix & Flip and HELOC). Strong work ethic, adaptability and exceptional interpersonal skills. Adept at working effectively unsupervised and quickly mastering new skills. Strong problem-solving capabilities

Proficient knowledge Regulatory Compliance and Regulatory Disclosure Preparation

Good verbal and written communication skills

Customer Service oriented

Clear understanding of loan processing and closing policies and procedures

Experience in MS Office, Automated Underwriting System (AUS), DU/LP, Encompass, FHA Connection, Expedite and Empower High School - 1988

La Habra High School - La Habra, CA

Closing Specialist III - April, 2016 to April, 2023 MUFG Union Bank - Brea, CA

Coordinated with sellers, buyers, escrow agents, and real estate agents to complete loan documents and scheduled closing dates. Reviewed title commitment, insurance documents and loan files for accuracy to support pre-closing documentation. Created and provided loan document packages to escrow companies, balance and reconcile HUD for approval. Received, reviewed and audit executed loan documents, and confirmed all closing conditions are met. Performed due diligence of closing disclosure (TRID) to determine Regulatory Compliance requirements are met. Loan Processor - February, 2015 to October, 2015

LendingXpress - Irvine, CA

Assisted loan officers and underwriters by ensuring that loans were processed in a timely, judicious, and accurate manner. Informed customers of loan applications requirements and deadlines. Reviewed and verified borrowers' income, credit reports, property appraisals, and supplemental information to prepare documents for underwriting.

Analyzed financials and credit status, evaluating assets and risk to determine loan feasibility. (Hard Money, Commercial and Fix and Flip Loans) Kept in touch with clients on a regular basis to keep them informed about transactions and performance. Loan Processor - February, 2013 to July, 2013

Golden Empire Mortgage, Inc. - Covina, CA

Prepared complete packages to be sent to underwriting with a thorough understanding of each investor's guidelines, stacking order and shipping. Ordered all necessary documents, including but not limited to credit reports, verifications, title, escrow, loan payoffs, flood/tax certs and appraisals.

Facilitate borrower's assistance program for FHA, VA, USDA and CHDAP's, including the ordering of FHA case #, VA eligibility and CAVIRS. Performed administrative tasks such as creating status reports on loans in process, photocopying loan documents, printing daily mortgage rate sheets and answering phones.

Monitored pipeline for closing and rate expirations. PROFESSIONAL SUMMARY

SKILLS

EDUCATION

WORK HISTORY

Loan Processor - July, 2012 to February, 2013

Greenlight - Irvine, CA

Loan Processor - December, 2011 to April, 2012

CashCall Inc - Anaheim, CA