Self Employed Tax Returns

*** *. *** ******* ****. Suite ***-**

Irving, TX 75039

Email:*************@*****.***

Cellphone 224-***-****

Denise Montague

Systems

AS400, ENCOMPASS, ENCOMPASS, Black knight, MSP,

HOMEBASE, CITRIX, CALYX, CLUES, CLOUT, ASSETWISE, DU, LP, SOX, POS, LOS, LOTUS NOTES, MS OFFICE, SHAREPOINT, CRM, QAS, FRAUDGUARD, LEXIS NEXIS, PACER

Experience

03/2022-8/2024 Arc Home Loans

Frontline Non QM Underwriter

Reviewed DCSR, 12 Month Bank Starwment Loans for Accuracy

Reviewed Appraisals

[ 12 Month Bank Statements For Self Employed Borrowers

All Tax Returns with All Schedules to determine financial risk/Income

Reviewed 2-3 Loans Daily for New underwrite not including resubs

Worked closely with all departments to get the Loans closed

Stayed Compliant with Investors

Reviewed GSe/Internal Income and Asset Guidelines

1/2005-03/2022

Bank of Am erica Dallas, TX

Sr. Frontline/ Conventional/ Non QMVA Underwriter

Underwrote 4-6 new loans daily not including resubs.

Underwrite VA, VA IRRRL, CONVENTIONAL

Reviewed New Construction Loans on Commercial and Residential Properties.

Underwrote Subprime and Prime Loans.

Reviewed Blue prints and Appraisals, Floor Plans for new Sub Divisions.

Worked under Several lenders and Brokers to aid first time home buyers to get into affordable Stated, Wholesale, Retail and Full Doc Alta A programs

Reviewed Insurance policy and Occupancy Certificates

Underwritten, SFR, Condo, NY Cema, Coop’s, Mixed use properties

2.8 Million Signing Authority

FHA, Fnma/ Freddie Mac 30 year Conventional Experienced

Performed Credit, Income, DTI and Collateral Reviews on new originated loans.

Written Conditions for all loans that were necessary for the processors and Jr. Underwriters to clear.

DU/LP Experienced

Reviewed loans for accuracy, compliance, safe act, HMDA, RESPA 2010

Reviewed loans for appraisal value, line adjustments and inconsistency

Review income docs for wage earner or Self employed borrower

Calculated DTI, LTV and MI

Utilized Fannie and Freddie Mac Guidelines along with company overlays

Monthly pipeline avg of 150-180 a month to the closing table

Utilized MRI books as reference guides for Sellability of all loans

Maintained a high score for compliance and QC rating

Utilized my experience working for Freddie Mac for knowledge and skill of not having to have any of my loans repurchased.

Manually underwritten loans using the 28/36 ratio for high risk loans

Utilized all regs if necessary and with ran my reports on sharepoint and excel.

Worked closely with Processors, loan officers, and closing Depts to get the to close.

Team Player and Familiar with various products and was a Team SME.

Reviewed Loan application packages for completeness and accuracy. Compared application information against system input confirm data fields. Identified underwriting & data discrepancies issues while loan just arrived to underwriting Verified and validated income assets and liability documents to validate underwriting decision.

2004-2004 Aurora Loan Services Denver, Colorado

Sr. Mortgage Contract Underwriter

Worked Frontline Underwriting Helocs, 1st, 2nd Alta A subprime loans

Applied fraud alerts as well as foreign policy procedures for Non Natural born Citizens.

Worked Non conforming and conforming loans.

Reviewed DTI, Piti, Income, Debt and Credit Reports, Combo, Titles.

FHA, Conventional 30 year, ARM, CO OPS & Condo’s loans

Reviewed Mortgage Payoffs for prime and subprime subordination loans

Reviewed Project Reviews and approvals, Rate & term.

Reviewed ACAPS score 750 or higher, Rent Roll and Escrow Review

Reviewed 1003 Child support Divorce Decrees Bankruptcies, & Credit

28/36 front end ratio ( Fannie Mae Standard on Conventional Loans)

Reviewed FICO Scores, Jumbos, & Fraud Detection for loan flipping.

2001-2003 Fannie Mae Chicago, IL & Dallas, TX

SR. Mortgage & Repurchase Underwriter

FHA FreddieMac 30 Year Libor & ARM

Reviewed 1003,1008, Appraisal, Tax Returns and K-l income calculations

Level IV 650,000.00 Signing Authority

.Reviewed DTI, LTV, CLTV, ratios, PITI.

Ran DU/LP and DE, Tri Merges

Worked Closely with Brokers and Loan Officers

Frontline, Backend Underwriting

28/36 Fannie Mae Standards

Utilized Matrix’s to select programs for the borrowers.

Due Diligence Investigations of every type including financial analysis and public record searches analyzing and reporting results. I have a strong working knowledge of major lending regulations including federal and state requirements such as predatory lending RESPA HMDA ECOA TILA AND NON CONFORMING LOANS.

1992–2001 JPMorgan Chase Diamond Bar. CA & Cleveland,OH

Sr. Mortgage Underwriter

Reviewed Legal Docs, HUD-1, Liber Pages, Payroll, Tax returns.

Worked 200 loans in monthly pipelines

Calculated DTI, Balloon, Addendums 503E & F

500,000.00 Signing Authority

Received company’s highest sales award four years in a row.

Developed Excellence In Sales training course.

Frontline, Due Diligence Underwriting

28/36 fannie mae Freddie mac guidelines

Subprime Alta A Prime loans

DU/LP Calyx, LIS, Citrix, Loanworks, AS400, Encyclopedia

Education

1988-1992 New York State University @ Buffalo Buffalo, New York Business Management Banking & Accounting Bachelors Degree

.

Interests

Computers, Running, Reading, Shopping, Investment Properties.

Reference:

Upon request.

Contact this candidate