Carmela Principato adznjw@r.postjobfree.com • 215-***-****

Philadelphia, PA 19152

Mortgage Loan Processor

Meticulous and solution-driven professional with a solid background in managing all loan processing activities from start to finish.

Track record of accurately reviewing loan documentation, ensuring compliance with underwriting guidelines, and submitting files for approval. Skilled in cultivating and nurturing cordial relationships with clients, colleagues, and vendors. Proficient in reviewing title fees, preparing and sending post-consummated closing disclosures, and collaborating with team members to deliver loan packages to title companies. Adept at obtaining necessary documentation from borrowers. Possess technical proficiencies in Microsoft Word, Excel, PowerPoint, Outlook, Encompass, and BytePro. Areas of Expertise

● Loan Documentation Review

● Loan Closings & Settlement

● Strategic Planning & Execution

● Relationship Building

● Mortgage Loan Processing

● Cross-Functional Collaboration

● Team Leadership & Support

● Effective Communication

● Loan Packages & Solutions

Career Experience

Finance of America LLC, Conshohocken, PA 2018 to 2023 TRID / PCCD Specialist

Conduct a comprehensive review of title fees to ensure compliance, make necessary adjustments in Byte Pro software, and perform audits on funded loans. Address non-compliant loans requiring re-disclosure in coordination with Supervisor/Manager. Prepare and distribute post-consummated closing disclosures to borrowers after reconciling accounts.

● Reviewed final settlement statements and consummation CDs to ensure accuracy and completeness.

● Validated presence of a change of circumstance and determined the need for re-disclosure.

● Prepared tolerance cures on selected loans that were not in compliances with TRID guidelines and sent out to the Borrowers. Finance of America LLC, Horsham, PA 2015 to 2018

Mortgage Loan Processor

Collected and organized requisite paperwork from borrowers in adherence with the prescribed directives of Fannie Mae and Freddie Mac standards. Facilitated submission of loan files to underwriting for authorization. Planned, scheduled, and managed loan settlements in consultation with borrowers.

● Initiated procurement of homeowner’s policy/flood policy and title commitments.

● Ensured and maintained timely delivery of loan package to title company in coordination with Closing Department.

● Outperformed all assigned tasks and met overall organizational milestones. NJ Housing & Finance Agency, Trenton, NJ 2013 to 2014 Mortgage Loan Processor

Governed the submission of loan files to underwriting for approval. Facilitated government-assisted program to assist consumers in obtaining financial relief. Obtained documentation from consumers who qualified for a mortgage loan payoff of up to $45K. Transitioned to a contractor position, quickly becoming a post closer before assuming responsibility for processing.

● Ensured strict compliance with underwriting guidelines for each loan reviewed/processed.

● Conducted a comprehensive review and audit of loan documentation. NJ Housing & Finance Agency, Trenton, NJ 2012 to 2013 Mortgage Post Closer

Examined loan documents for accuracy, followed up on title insurance, and gathered any required information. Oversaw and verified documents for signatures and notary stamp/signature. Ensured accuracy of Closing Disclosure; evaluated loans to guarantee compliance with HMDA, FHA, USDA, and VA guidelines; shipped loans to investors.

● Inspected documents to eliminate any potential obstacles hindering the mortgage closing process.

● Verified the proper inclusion of all relevant documents and information in the closing package. PHH Mortgage Corporation, Mt Laurel, NJ 2011 to 2012 Mortgage Loan Processor

Reviewed documents provided by loan officers, brokers, or investments. Contacted borrowers to confirm/request missing documents. Requested payoffs, credit, VOE's, flood certificates, and commitments. Uploaded and approved all documents into mortgage application.

● Validated documents as required by DU/LP.

● Managed a pipeline of 40-60 loans with 25 loan closings monthly. Education & Credentials

High School Diploma

Course: 2017 FAH Information Security Policy

Regulatory University, 2017

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