Sales Agents Mortgage Underwriter
Resume:
Veronica Harris
********.**********@*****.***
PROFILE
Highly experienced Commercial & Mortgage Underwriter with over a decade of expertise. Skillfully utilized a $5 million signing authority, prioritizing profitability & risk reduction. Proficient in automated underwriting software. Ensures strict compliance with investor overlays & guidelines, maintaining transaction integrity. Excels in evaluating complex loan files, including direct & indirect consumer loans, providing guidance to other credit underwriters. Collaborates effectively with cross-functional teams, brokers, sales agents, & senior management. A valuable asset to any financial institution.
●Complex Loan Analysis
●Credit Policy Standards
●Risk Assessment
●Decision Making
●Financial Analysis
●Credit Analysis
●Banking
●Loans
●Mortgage Underwriting
●Commercial Underwriting
●Relationship Building
●Mentorship
●Workflow Supervision
●Leadership
●Communication
●Time Management
●Training
●Debt-to-Income Ratios
●Microsoft Excel
●Profit Maximization
●Conforming & Non-Conforming Loans
●Post Closing
●Encompass
●Secondary Mortgage Market
Investor Requirements
CERTIFICATIONS
DE FHA, VA SAR & LAPP, & USDA
EXPERIENCE
UNITED WHOLESALE MORTGAGE CO 10/2023 to 12/2023, Rehire 03/2024 to Present
Underwriter II
●Conduct comprehensive reviews of applicants' financial histories and records, ensuring thorough assessments of financial stability.
●Develop detailed risk assessment reports to evaluate potential risks associated with loan approvals.
●Analyze clients’ financial statements to propose strategic alternatives to applications, optimizing financial solutions.
●Maintain up-to-date expertise in investor guidelines, and state and federal underwriting lending policies, ensuring compliance with all regulatory requirements.
●Adapt swiftly to changes in lending policies and market conditions, continually updating processes to remain current.
●Deliver exceptional service to both internal and external clients, consistently exceeding service delivery standards.
●Facilitate clear and effective communication with clients, including Mortgage Loan Officers and Broker Owners, through emails and phone calls, providing timely updates on loan statuses.
●Efficiently manage multiple priorities, building strong rapport with clients and enhancing customer satisfaction through attentive service.
HOMEPOINT MORTGAGE - REMOTE 02/2022 to 12/2022
Senior Underwriter
●Effectively assessed various VA, CONV, and FHA loans to make sound lending decisions, minimize risk, and ensure compliance with program requirements and bank policies.
●Ensured that loans met agency and investor guidelines and maintained their salability when sold on the Secondary Market.
●Collaborated closely with Brokers and Sales agents to make informed decisions, handle loan requests, and address problematic loans.
●Evaluated financial statements (company and personal tax returns, fiscal year-end, interim, and personal financial statements) for creditworthiness in alignment with bank standards and regulations.
●Stayed current on loan policy, underwriting guidelines, agency/investor requirements, and the evolving industry and economic climate to maintain current knowledge in the mortgage lending landscape.
●Proficiently understood UCA cash flow analysis and effectively distinguished between cash and accrual methods.
●Recognized recurrent and non-recurring revenue and expenses, including all schedules, notes, and K-1 forms.
●Successfully consolidated and summarized linked entities.
●Applied problem-solving skills to identify alternative solutions within the framework of bank standards and regulatory guidelines.
●Responded promptly and consistently delivered outstanding customer service.
AMERIFIRST MORTGAGE – REMOTE 08/2021 to 02/2022
Senior Underwriter /Analyst
●Conducted thorough underwriting for VA, CONV, and FHA loans, adhering to program requirements and corporate guidelines, including evaluating, approving, and underwriting residential mortgage requests and products.
●Recommended or approved requests by scoring applications, credit bureau information, collateral valuation, tax returns, financial statements, and other supporting evidence, both automatically and manually.
●Maintained regular communication with Brokers, Relationship Managers, and associates to gather necessary data for quality decision-making and to provide clear explanations for credit extensions or denials.
●Granted final approval and accurately entered all required approval documents with relevant signatures into Encompass.
●Ensured that loan files were consistently current, complete, and aligned with company criteria.
●Created solutions to issues and leveraged deep knowledge of the underwriting process to make informed decisions.
●Completed all transaction-related compliance requirements diligently to minimize risk.
MID AMERICA MORTGAGE - REMOTE 01/2020 to 01/2021
Senior Quality Control Underwriter
●Proficiently completed comprehensive assessments of loan risks and compensating factors for VA, CONV, and FHA loans, consistently contributing to informed lending decisions and effective credit risk management.
●Assessed all credit documentation to ensure that each loan conforms to secondary marketing standards and organizational policies.
●Performed monthly internal audits.
●Reviewed exceptions and determined the right course of action.
●Prepared loan approvals, suspense notifications, and/or denials.
●Collaborated with Field Branches on approvals and questions.
●Identified alternate methods of financing.
●Facilitated staff training.
MOBILOIL CREDIT UNION 03/2019 to 12/2019
Senior Underwriter
●Performed in-depth analysis of FHA, CONV, and VA loans, validating automated underwriting and ensuring compliance with agency, investor, business, and RESPA rules.
●Remained current on industry trends, regulations, and company policies to ensure accurate and compliant loan underwriting.
●Collaborated seamlessly across teams to maintain transparency in loan processing, resolve complex issues, and ensure effective communication throughout the underwriting process.
●Reviewed appraisals meticulously to ensure accurate property valuation and provide support for property values.
●Calculated and reviewed the Net Tangible Benefit, where applicable, to meet state-specific requirements.
●Facilitated training, coaching, motivation, and fostering teamwork within the underwriting team.
CROSS COUNTRY MORTGAGE – REMOTE 11/2016 to 08/2018
Risk Underwriter / Post Closing
●Ensured that the pipeline met company criteria by conducting 24-hour upfront and final underwriting.
●Analyzed loan files for initial credit decisions using company checklists and guidelines.
●Issued loan approvals or escalated files to loan committee according to company policies.
●Evaluated the quality of loan applications and continuously assessed files throughout the process.
●Graded loan application quality and monitored files throughout the process, providing necessary information to processors as needed.
●Issued final approvals and uploaded all necessary approval documentation into the company's software systems with appropriate signatures.
NATIONSTAR MORTGAGE – REMOTE 09/2009 to 10/2016
Senior Risk Analyst
●Consistently demonstrated expertise in analyzing and evaluating loan risks and compensating factors for various VA, CONV, and FHA loans, ensuring sound lending decisions and minimized credit risk.
●Underwrote commercial and mortgage loan files in accordance with Nationstar Mortgage, state, and federal guidelines, with a focus on compliance with regulations like RESPA, HMDA, and Section 32.
●Maintained current knowledge of the Bank's Loan Policy, Underwriting Guidelines, Agency/Investor requirements, and industry/economic trends in mortgage lending.
●Gauged all credit documentation to ensure each loan complied with secondary marketing rules, corporate policies, and procedures.
●Verified all supporting documentation for accuracy, including information on income, credit, appraisals, and title.
●Determined loan conditions and effectively communicated required requirements to branch personnel, assisting in expediting final approval.
●Prepared loan approvals, notices of suspense and/ or declines.
●Ensured that appraisal and title insurance were obtained from an authorized vendor.
●Collaborated with brokers to address inquiries and facilitate loan approvals.
●Promoted teamwork, providing coaching, motivation, and delivering training to enhance the underwriting team's performance.
EDUCATION
Dallas Baptist University, Dallas, TX, Bachelor of Science, Business Management, Expected Graduation: 12/2025
Central Texas College, Killeen, TX, Associates of Arts, General Studies
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