Loan Specialist A Team

Michelle Majadire Resume

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

Phone: 214-***-****

Current location: Dallas Texas

QUALIFICATION SUMMARY

Results driven Loan Specialist with over 10 years’ experience. Seeking a challenging position using excellent knowledge and expertise that will meet the company goals.

QUALIFICATIONS HIGHLIGHTS

Confidently work within groups

Manage time effectively, prioritizing tasks and able to work with deadlines

Maintain effective performance under pressure

Open to the ideas & views of others

Able to resolve issues with professionalism and curtesy

Able to work both independently and as part of a team effectively

Excellent listening skills, strong communication skills, both written and verbal while executing operational objectives.

Strong work ethic, punctual and reliable, and very good at developing peer relationships.

Proficient with attention to detail.

Proficient in Microsoft Word, Microsoft Excel, Microsoft PowerPoint & Microsoft Outlook.

PROFESSIONAL EXPERIENCE

Loan Specialist SBA March 2023 – Current

Examines potential borrower credit and reviews the manner which obligations have been met and managed. Investigates derogatory applicant credit

Review appraisals and ensure determined values are well documented, risks are appropriate and meet all guidelines of the applicable loan type.

Reviews appraisal comparable. Sets conditions for property inspections if repairs are needed.

Evaluates and assesses the collateral and capacity of mortgage loans.

Approves or rejects loan application or requests additional information. Records loan rejection, specifying investor and company guidelines and basis for declining application.

Implement an effective portfolio risk management process that assists in identifying, managing, monitoring, and reducing risks in the portfolio assets, including development of project specific Credit Monitoring Plans.

DE Underwriter Reverse Mortgage Funding February 2022-November 2022

Reversed Mortgage Loans for Wholesale and Retail Division.

Followed Company Guidelines as well as FHA 4000.1 Handbook to ensure that all loans meet HUD requirements for insurability.

Reviewed Income, Assets, and Credit for Financial Assessment.

Assisted in training new underwriters.

Assisted Retail processing team figure out how to make loans work with Financial Assessment (Comp factors and residual Income).

Trained Retail MLO's on FHA Guidelines to ensure correct information is being relayed to customers.

Created current structure for Reverse Underwriting workflow

Sr Underwriter Union Home Mortgage July 2021- February 2022

Determines the adequacy of income to meet expected financial obligations.

Ensures potential borrower assets meet closing requirements and are derived from acceptable sources.

Examines potential borrower credit and reviews the manner which obligations have been met and managed. Investigates derogatory applicant credit

Review appraisals and ensure determined values are well documented, risks are appropriate and meet all guidelines of the applicable loan type.

Reviews appraisal comparable. Sets conditions for property inspections if repairs are needed.

Evaluates and assesses the collateral and capacity of mortgage loans.

Approves or rejects loan application or requests additional information. Records loan rejection, specifying investor and company guidelines and basis for declining application.

Completes all underwriting functions in accordance with various program requirements, company standards, and related legal and regulatory requirements

Team Lead Loan Processor Loan Depot October 2020- July 2021

Manage team of Processing Assistants and Loan Processors.

Collaborate with sales production staff and other internal and external departments to establish loan performance expectations and monitor quality assurance and timeliness of processing workflow.

Maintains timely closings.

Conduct weekly one-on-one meetings with processing team.

Responsible for any overflow in Processing and Underwriting.

Keep current on new product offerings and educate staff when applicable.

Escalate issues to Senior Management when appropriate.

Perform monthly file quality audits within the team to ensure procedures are being followed.

Junior Underwriter AAG August 2016 –October 2021

Determines the adequacy of income to meet expected financial obligations.

Ensures potential borrower assets meet closing requirements and are derived from acceptable sources.

Examines potential borrower credit and reviews the manner which obligations have been met and managed. Investigates derogatory applicant credit

Review appraisals and ensure determined values are well documented, risks are appropriate and meet all guidelines of the applicable loan type.

Reviews appraisal comparable. Sets conditions for property inspections if repairs are needed.

Evaluates and assesses the collateral and capacity of mortgage loans.

Approves or rejects loan application or requests additional information. Records loan rejection, specifying investor and company guidelines and basis for declining application.

Completes all underwriting functions in accordance with various program requirements, company standards, and related legal and regulatory requirements.

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