Real Estate Program Analyst

Lanitra Nunley

Senior Underwriter

404-***-**** *************@******.***

Diligent and results-oriented Underwriter with over 15 years of experience in underwriting. Highly skilled in evaluating FHA, VA, USDA, conventional and specialty loan products for residential mortgage loans. Expert in analyzing complex loan applications, assessing risk/creditworthiness, evaluating financial documents, reviewing appraisals, and ensuring compliance with state, federal and GSE regulations. Highly organized and detail-oriented with superior problem-solving skills. Successfully managed multiple loan programs, surpassed monthly quota by 50%, while meeting aggressive deadlines and maintaining exceptional loan quality. Adept at collaborating with cross- functional teams such as processors, lenders, brokers, and loan officers, providing valuable insights, and optimizing underwriting processes to drive efficiency and profitability. Seeking a new job opportunity to leverage my extensive experience and contribute to the success of a dynamic lending institutions.

SKILLS:

Program Analyst/ Multifamily Underwriter U.S. Department of Housing & Urban Development 03/2024

- Current

Analyze and underwrote complex multi-family real estate transactions in accordance with FHA guidelines.

Conducted comprehensive financial analysis, including reviewing borrower financials, rent rolls, operating statements, and property appraisals to assess loan feasibility and risk.

Evaluated key credit metrics such as debt service coverage ratios (DSCR) and loan-to-value (LTV) ratios to ensure sound lending decisions.

Perform market, economic, and demographic research to assess property performance and industry trends.

Collaborate with external stakeholders to structure financing solutions that align with regulatory requirements.

Prepare and present credit memos and risk assessments to credit committees, providing insights and recommendations for loan approvals.

Conduct risk assessments and identifying potential red flags in loan applications, suggesting risk mitigation strategies.

Collaborate with loan officers and underwriters to gather additional information and clarify discrepancies in credit data.

Monitor and track the performance of existing loan portfolios, identifying risks and recommending mitigation strategies.

Audit & Compliance

Property Benchmarking

Appraisal Underwriting

Employee Loans

1st Time Homebuyer

New Construction

Tax Returns Analysis

203K Renovation Loans

Jumbo Loans

Community Lending

FHA/VA/USDA/Reverse

Manufactured Housing

Manual Underwriting

NON-QM Loan Products

QC/QA Underwriting

Multi-Family Housing

Monitor and track the performance of existing mortgage portfolios to identify trends and potential areas of concern, while providing timely updates to senior management.

Participate in credit policy discussions and process improvement initiatives to enhance underwriting efficiency.

Lead data collection and analysis for water and energy usage for the MIP benchmarking programs.

Utilize benchmarking tools such as ENERGY STAR Portfolio Manager to assess facility performance.

Develop reports and dashboards to track trends, inefficiencies, and compliance metrics.

Conduct research and provide recommendations on energy and water conservation policies.

Assisted in developing benchmarking methodologies for water and energy consumption.

Analyzed large datasets to identify patterns and improvement opportunities.

• Supported the implementation of energy efficiency programs across facilities.

• Maintained compliance with federal, state, and local sustainability regulations.

• Assisted in developing benchmarking methodologies for water and energy consumption.

• Held daily and weekly calls with the EPA, third-party vendors, and local county and city authorities to ensure compliance with benchmarking standards.

Senior Government Underwriter/ Team Lead KBHS New Construction Builder 05/2021 - 12/2023

Analyzed and interpreted AUS results from DU, LP & GUS to determine compliance with loan criteria.

Reviewed and evaluated loan applicants' credit reports, income, assets, tax returns, financial statements and other complex loan scenarios.

Performed and reviewed cash flow statement for liquidity analysis.

Determined if the LTV, DTI and other loan criteria complied with guidelines on various loan programs.

Manually underwrote FHA, USDA and conventional loans that did not meet AUS/GUS credit guideline with appropriate company, secondary market investor standards and all applicable laws.

Collaborated with loan officers and processors to restructure declined loans into sellable loan packages.

Collaborate with loan officers and underwriters to gather additional information and clarify discrepancies in credit data.

Maintain 24 - 48 hour turn times for underwriting new and resubmitted loans.

Communicated with loan processors, loan officers & A.E.'s regarding missing documents in both verbal and written form.

Consistently exceeded monthly underwriting approval quota by 50% with minimal errors.

Assisted other underwriters in interpreting guidelines, updating loan status and clearing conditions.

Responded quickly to internal and external audits, investors, third-party audits, QC reviews and other underwriting tasks.

Reviewed appraisals for completeness, red flags, health and safety issues, and external obsolescence.

Wrote detailed loan summaries and income calculations in Encompass for all loans reviewed

Responsible for Underwriting employee loans accessing compliance and risk.

Worked with post-closing on any outstanding stipulations for closed files.

Mentored and Led junior underwriters, conducting regular training sessions on guidelines, best practices, and industry updates to foster professional growth within the team. Team Lead/Scenario Desk Underwriter Equity Prime Mortgage 06/2016 - 05/2021

Performed in-depth reviews of FHA, VA, 203(k), USDA, Reverse, Jumbo, Manufactured Home, Multi-family Housing, Bond Loan, Affordable Housing/Community Lending, Bridge loans, HELOCS & Non-QM loan products to ensure compliance with appropriate company, secondary market investor standards and all applicable laws .

Reworked loans to new terms and added conditions needed to insure a viable credit decision.

Assisted loan processors and loan officers understand underwriting decisions and conditions.

Analyzed and calculated paystubs, W-2's, Cash Flow Analysis, Financial Statements, personal and business tax returns and conditioned for missing documentation required to support loan approval.

Responsible for Underwriting employee loans accessing risk and compliance.

Evaluated business and personal bank statements in correlation with P&L statements, and Balance sheets for Non-QM loan products.

Evaluated collateral and guarantor strength for real estate term loans ranging in size from 5 million to 25 million for multi-family real estate.

Analyzed and evaluated environmental reports, market conditions, rent rolls, Occupancy rate, general contractor financial and background, ownership structure and cash flow for multi-family real estate.

Stayed current of all federal and state regulations (TRID, RESPA and Predatory Lending) as well as FNMA/FHLMC, FHA, VA, USDA and investor guidelines while underwriting affordable housing, community lending, and bond loans to HFA.

Analyzed loan packages for red flags and any signs of fraudulent documentation or information.

Aided fellow Underwriters, Processors, Closing, Loan Officers, and Brokers in resolving issues on challenging/ complex loans while working the Underwriting Scenario Desk.

Reviewed loan file for Compensating factors and risk analysis while exercising discretion when making exceptions on loans while working Underwriting Scenario Desk.

Led and supervised a team of underwriters, providing guidance and support to ensure consistent adherence to company underwriting policies and industry regulations.

Performed random audits and provided constructive feedback on staff underwritten loans to ensure files comply with Company, GSE and investor guidelines.

Created and implemented streamlined checklists and procedures to reduce underwriting errors for various lending products.

Reviewed and evaluated underwriters' rebuttals and additional documentation, and rendered final decisions on audited loans.

Aided in developing an underwriter's scorecard and monthly spreadsheets used to evaluate staff underwriters for material errors, non-compliance and quarterly performance review.

• Participated in monthly conference calls and meetings with senior management, sales teams, and investors to review audit results.

• Consistently exceeded production and quality requirements.

• Analyzed investor findings, internal audit reports, and repurchase requests, assessing risk versus missing/ inaccurate documentation.

• Submitted rebuttals for loan repurchase requests to investors, agencies for all underwriting staff. FHA/VA Senior Underwriter CBC National Bank 09/2014 - 06/2016

Conducted comprehensive underwriting analysis to evaluate borrower creditworthiness, income, and collateral for a wide range of mortgage loan applications.

Collaborated closely with loan officers and processing teams to expedite the underwriting process, resulting in a 15% reduction in turnaround time and enhanced customer satisfaction.

Mitigated risks by ensuring strict adherence to CBC National Bank's underwriting guidelines and federal regulations, resulting in a low default rate and improved portfolio quality.

Evaluated complex financial data, including debt-to-income ratios, loan-to-value ratios, and credit reports, to make informed and prudent underwriting decisions.

Successfully underwrote and closed a high volume of residential mortgage loans, including conventional, FHA, and VA loans, meeting or exceeding monthly production targets.

Provide exceptional customer service by addressing inquiries from borrowers and guiding them through the mortgage application process.

Participated in weekly conference calls and meetings with processors, sales teams and brokers to ensure no missing of contingency deadlines.

Credit Risk Underwriter BB&T Bank 09/2013 - 06/2014

Conducted comprehensive credit risk assessments for loan applications ensuring adherence to BB&T's underwriting guidelines and regulatory requirements.

Analyzed financial statements, credit reports, and other relevant documentation to assess the creditworthiness of borrowers and determine appropriate risk levels.

Utilized financial modeling and risk assessment techniques to evaluate single family housing loan structures, ensuring prudent lending decisions and minimizing potential credit risk.

Collaborated with loan officers, clients, and internal teams to gather necessary financial data and supporting documentation, resulting in streamlined loan processing and improved turnaround times.

Proficiently underwrote multifamily loans based on FHA, Fannie Mae, and Freddie Mac guidelines, meeting the highest standards of accuracy and efficiency in the underwriting process.

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ADDITIONAL EXPERIENCE:

Multi-Family Underwriter - Landmark Mortgage -06/2011-03/2014 Mortgage Loan Processor (Interim) - Wells Fargo -10/2010-06/2011 Mortgage Loan Underwriter - American Mortgage Service Company 07/2006-10/2010 Reverse Mortgage Loan Closer (Contract Employee)- Wells Fargo 06/2005-06/2006 Foreclosure Clerk - US Bank -11/2002-06/2005

Mortgage Loan Closer - Fifth Third Bank -11/2000-08/2002 EDUCATION:

Mortgage Bankers Association- Atlanta, Georgia, Advanced Cer fied Residential Mortgage Underwriter Cincinnati State Technical College - Cincinnati, Ohio, Business Administration

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