Loan Processor Follow Up

Chad Rodriguez

Westbury, Ny

Summary:

• While working as a Loan Processor, he has been closing 20-30 loans every month.

• Processed residential mortgage loans (FHA, VA, Conventional, purchase, refinance) under various programs in a quality consistent with all company policies and procedures.

• Checked insurance documents, property, and liability certificates and the HPD website for violations.

• Managed loans through the loan servicing onboarding process and trailing document follow up and review Education:

• B.A. Economics (Honors) & Sociology (Honors) Minor: Business Management (Honors) - Stony Brook University- December

Computer Skills:

• Outlook, Excel, Loan Status Tracker, PACS, Citrix-Unifi, Calyx, Encompass, Octane, Lending Pad Work History:

Grand Gate Capital June 2024

– Present

Business Loan Consultant

• Working and corresponding with over 100 private funders

• Connecting with business owners and qualifying their business for funding opportunities

• Negotiating funding offers with payback factors and terms to clients

• Collecting and reviewing bank statements and other documents from business owners USN Mortgage Mar 2022 – Feb

2024

Senior Loan Processor

• Request and review 1003, credit report, income and asset documents to determine if file is complete to submit to lender for approval

• Verify and input loan estimate fees and disclose loan to borrower

• Order Appraisal, Title, payoffs, VOEs and other 3rd party documents to complete the file

• Completing closing disclosure and making sure all 3rd party fees are update accordingly before sending to the borrower to sign at least 3 days prior to closing

Cardinal Financial Company Mar 2020 - Aug 2022

Senior Loan Transaction Coordinator

• Collect and verify necessary financial documentation, such as credit reports, to complete mortgage loan applications and determine credit worthiness

• Submit detailed loan packages to the lender underwriting department for approval or denial.

• Communicate with underwriters to clarify conditions and satisfy these by coordinating with the borrower.

• Liaison with borrowers, underwriters, title agents, real estate agents and other 3rd parties regularly to make sure loan documentation is completed so closing dates and company deadlines are met. United Northern Mortgage Bankers Limited Nov 2019 - Jan 2020 Loan Officer Assistant/Loan Processor

• Review and structure (FHA, VA, Conventional, purchase, refinance) through several products in a quality consistent with all company policies and procedures.

• Examination of income, asset, and disclosure documentation of loan packages for readiness to submit for approval.

• Ordering of 4506 transcripts, VOEs, mortgage payoffs, insurance binders, & Coop/Condo documents A+ Credit Services May 2018 - Oct 2019

Senior Loan Processor

• Process residential mortgage loans (FHA, VA, Conventional, purchase, refinance) under various programs in a quality consistent with all company policies and procedures.

• Registered loans on the origination system and maintains system accuracy and issue proper TRID disclosures as required by federal regulatory compliance.

• Review of closed loan packages to ensure that documents are correctly signed and properly executed by borrowers and notarized in accordance with state regulations.

• Work in conjunction with internal operations and all entities connected to the loan file for conditions needed for audit and exception resolution.

Franklin First Financial Jan 2017 - Apr 2018

Senior Loan Processor

• Critiqued application information to request specific supporting documentation needed/ required based on loan investor guidelines and submit loan applications for underwriting approval.

• Structured Conventional and FHA loans by FANNIE/FREDDIE guidelines for underwriting and processing based on credit, LTV/CLTV, and product programs.

• Validated automated underwriting system (DU/LP), ensured file meets minimum documentation/ product guidelines, and reviewed & collected underwriter conditions and submit conditions for underwriting clearance.

• Promptly and accurately request and capture all reconciled (fully executed) loan documents and trailing documents to ensure timely delivery to both our investors and the bank.

• Check insurance documents, property and liability certificates and the HPD website for violations Intercontinental Capital Group Jun 2016 - Jan 2017 Senior Loan Processor

• Process residential mortgage loans (FHA, VA, Conventional, purchase, refinance) under various programs in a quality consistent with all company policies and procedures.

• Prepped &. issued loan estimate and closing disclosure to borrower for compliance review.

• Examined disclosures for mortgage compliance and regulations including RESPA, TRID, HMDA, ECOA and Fair Lending.

• Managing the loans through the loan servicing onboarding process and trailing document follow up and review Vanguard Funding LLC Mar 2015 - May 2016

Senior Loan Processor

• Evaluated structure of conforming and non-conforming file for adherence with lender and Government guidelines.

• Analysed and calculated income from the pay stubs, W2s, 1099s and personal/business tax returns.

• Verified loans documents including credit, appraisal and title prior to preparing file for submission to underwriting.

• Partner with Capital Markets team to answer any investor questions; follow up on, review, request corrections on all trailing documents

A+ Credit Services Oct 2007 - Mar 2015

Senior loan Processor

• Prepared & processed retail mortgage loans (conventional and government purchases and refinances) under various loan programs for closing.

• Addressed all problems and questions from loan officers, third parties, and management by resolving any Issues carefully and expeditiously.

• Ordered, examined & cleared titles with title companies to set up a closing date American Home Mortgage Jun 2006 - Sept 2007

Senior Loan Processor

• Registered loans on the origination system and maintains system accuracy and issue proper TRID disclosures as required by federal regulatory compliance.

• Investigated & resolved all outstanding conditions on lender and investor approval.

• Requested and updated insurance and payoffs of mortgages and liens Chase Home Finance, Inc. Sept 2002 - Jun 2006

Senior Loan Processor

• Registered new loan applications and calculating Good Faith Estimates.

• Reviewed rate lock and point objectives for precision and potential problems and insures overage and underage is approved as well as waiver of any fees or discounts applied.

• Attaining mortgage schedules and full record searches for CEM/COOP.

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