Real Estate Credit Analyst
Resume:
Kristy Bauwens
Experienced Credit/Financial Ready to Shine!
Henrico, VA 23229
*********@******.***
Professional Summary
Objective:
Acquire a lifetime career position with a growing, stable company that has promotion and growth potential. I want to be challenged in this position and be able to perfect my current skills while acquiring new. My ultimate goal is to have a thorough knowledge of every possible aspect that makes up the company and the services they provide as well as my role in it. I want to be a Subject Matter Expert in what I'm doing and be known as the person to come to when coworkers have questions regarding scenarios and procedures.
I am currently adding to my skills by taking real estate licensing courses and Spanish language courses. I have no location preferences and would welcome opportunities country wide! Please do not let my current location put you off. For the right position, I will relocate, with or without assistance. NOTABLE ACHIEVEMENTS:
• Almost 100% one touch underwriting. Multiple immediate clear to close.
• Promoted to top producing loan officer as personal processor. Total volume loans in 2021
$109,892,042.00. Beverly Hills. Massive jumbo and Non-QM loans with mostly alternative income types
(Actor, Celebrity, Multi-Business Owners, etc).
• Successful USDA clear to close on first submission. 14 day approval, closed day 21. Willing to relocate: Anywhere
Authorized to work in the US for any employer
Work Experience
Mortgage Consultant/Credit Analyst
Guaranteed Rate-Remote
November 2020 to June 2023
• Processed conventional, jumbo, non-QM, FHA, USDA and VA loans from all states where GRI is licensed.
• Managed pipeline of around 130loans in the processing pipeline, including post closing.
• Acted as main point of contact between all parties involved in the loan process. Corrected fee sheets, HUD1 settlement statements.
• Issued disclosures and redisclosures as needed.
• Accurately monitored TRID timeline and made adjustments to loan milestone dates.
• Gathered all necessary income and asset documentation for individuals as well as for self employed person, including persons having multiple businesses.
• Analyzed taxes, financial statements, profit and loss sheets. Self Employed, multiple business tax analysis.
• Ordered all processing docs, including credit reports, credit rescores, alt credit, updated financial statements, taxes, appraisals, verifications, settlement statements, etc.
• Performed scenario desk responsibilities with loan officers to find alternate solutions or workarounds for loan product selections.
Senior Loan Processor
Envoy Mortgage, Ltd
July 2017 to October 2020
• Effectively provided professional internal and external communication whether written or verbal. Stayed abreast of underwriting and compliance guidelines. A team player who actively pursued training opportunities, solutions to various underwriting issues and shared best practices with all team members. Proactively updated all involved after new documents are uploaded or status changes occur. Provided follow-up on a consistent basis with originators, borrowers, and agents to complete processing. Built rapport with company internal and external customers.
• Thorough working knowledge of real estate documentation, underwriting policies, compliance, and procedures.
• High level of proficiency with mortgage loan processing and underwriting systems.
• Commitment to excellence and high standards.
• Excellent written and oral communication skills.
• Strong organizational, problem-solving, multi-tasking and analytical skills. Ability to manage priorities and workflow. Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm. Acute attention to detail.
• Expert Desktop Underwriter, Encompass, Loan Prospector, and other LOS systems.
• Excellent customer service skills. Proven ability to handle multiple loans and meet closing dates. Strong interpersonal skills. Good judgment with the ability to make timely and sound decisions. Calculated figures and amounts for income, including hourly, salary, self-employed, 1099, etc. Analyzed statistical and financial data. Analyzed profiles in a mortgage loan processing and automated underwriting systems.
• Responsible for timely processing of Conventional, FHA, VA, Jumbo, Non-QM, VHDA, 203k mortgage loan applications in compliance with Bank and investor requirements. Collected and reviewed loan documents to satisfy loan conditions. Ensured completeness of loan file documentation and met department SLA's.
• Able to analyze credit, use Credit Xpert, perform rescoring, suggest ways to improve credit, advise borrowers on ways to improves scores to become approvable and become eligible for prequalification.
• Validated loans in automated underwriting systems including DU and LP and submitted to underwriting. Collected conditions as required by underwriting. If file suspended for some reason, brainstormed and thought "outside of the box" for ways to make the loan workable again, if not for that same product, then for another.
• Ensured accurate, complete, and timely loan data on processing system. Reviewed exception reports to ensure all tasks are completed and Loan is on target to meet expected closing dates. Obtained conditions as requested by underwriting. Performed pre-underwriting of file. Proactively communicated loan status to the borrower, loan officers, real estate agents, and additional parties as needed.
• Registered, locked and disclosed loans. Redisclosed loans if COC required redisclosure. Requested early closing docs in accordance with TRID timelines. Updated loan estimates with actual fees once received from title companies and once actual homeowner's policies were provided.
• Verified loans met product guidelines. Suggested alternate products to mortgage originators as needed once my review of file was complete. Corrected income and data of loan files in system. Calculated and Verified debt-to-income ratios fell within applicable ranges for chosen products. Analyzed and verified income and credit documentation.
• Worked with government and other parties (VHDA/VA/USDA/CHENOA underwriters and analysts) to ensure loan conditions were acquired and fulfilled investor requirements. Fostered excellent relationships with all parties.
• Proven ability to work from home remote, 24/7, nights and weekends to ensure loans close on time, every time.
Systems Used: Mortgage Bot LOS, CBCInnovis, Doc Magic, Loan Beam (business self-employment income analysis system), AccountChek, Mortgage Cadence, Chenoa, FHA Connection, VA VIP Portal, USDA GUS, Old Republic Flood Cert, The Work Number, DU, LP, Mercury Appraisal Senior Mortgage Loan Consultant
Lewis James Professionals-Richmond, VA
February 2020 to June 2020
• Reviewed the borrower’s application for completeness and accuracy when file is received from sales.
• Validated all supporting documentation provided meets AUS/LS guideline standards.
• Review all income and asset documentation provided matches the figures used in the application.
• Reviewed AUS findings against application and documentation provided to ensure all required documentation provided matches.
• Reviewed Loan level notes to ensure any and all potential underwriting questions are addressed.
• Determined based on a full review and product type, the next step in the file life cycle. MLC determined if transitioned to Processor, UW or if the file must remain in originations pending further documentation. Senior Mortgage Loan Processor
Gateway Mortgage, Inc
January 2017 to July 2017
• Ensured the timely and accurate packaging of all loans originated by loan officer. Uploaded image docs and verified data in Encompass LOS.
• Responsible for the gathering information and facilitating the progress of each file from pre-approval to closing. Input proper loan information into the Encompass system for processing.
• Responsible for ensuring that all loan documentation is complete accurate verified and complies with company policy. Verify loan documents including income, credit, appraisal, homeowner's and title insurance ultimately preparing application for submittal to underwriting. Reviewed file documentation and made sure all items needed were requested.
• Ordered and coordinated loan documents. Met crucial deadlines in accordance with TRID.
• Performed analysis of loan to determine appropriate program requirements are met. Communicated with loan officers, borrowers, realtors, and underwriters to get loan to successfully close. Submitted to underwriting and communicated decision to all applicable parties. Obtained and cleared underwriting conditions.
• Processing of conventional, FHA, VA, USDA, VHDA loans. Follow up as needed post close. Perform any additional duties/activities assigned by management. Systems Used: Encompass, Credit Plus, FHA Connection, VA VIP Portal, Mortgage Cadence, USDA GUS, Old Republic Flood Cert, The Work Number, Desktop Underwriter, Desktop Originator, LP, Chenoa loan registration/lock system.
Loan Processor
Residential Mortgage Services, Inc
August 2016 to January 2017
• Ensured the timely and accurate packaging of all loans originated by loan officer.
• Responsible for the gathering information and facilitating the progress of each file from pre-approval to closing. Input proper loan information into the Encompass system for processing.
• Responsible for ensuring that all loan documentation is complete accurate verified and complies with company policy. Verify loan documents including income, credit, appraisal, homeowner's and title insurance ultimately preparing application for submittal to underwriting. Reviewed file documentation and made sure all items needed were requested.
• Ordered and coordinated loan documents, appraisals, title, credit, insurance, HOA and condo docs, etc. Met crucial deadlines in accordance with TRID. Disclosed and redisclosed as needed.
• Performed analysis of loan to determine appropriate program and product requirements and underwriting guidelines are met. Communicated with loan officers, borrowers, realtors, and underwriters to get the loan to successfully close. Submitted completed loan file to underwriting and communicated the underwriter's decision to all applicable parties. Obtained and cleared underwriting conditions.
• Processing of conventional, FHA, VA, USDA, VHDA loans. Performed follow up as needed post close.
• Performed any additional duties/activities assigned by management. System Used: Encompass, DO, LP, same as above
CCO Mortgage
RBS Citizens Bank, N.A-Glen Allen, VA
September 2011 to February 2012
Glen Allen, Virginia
Loss Mitigation Specialist-Short Sale/Modification (Contractor), September 2011-February 2012.
• Performed reconciliation process on files received from Front End Fulfillment Group by going into the loan system. Acknowledged receipt of file and review file for complete documentation. Requested additional or updated documents as needed. Updated system with appropriate stage codes throughout process.
• Analyzed financial information to determine the most effective work out strategy. Reviewed financial data reported for accuracy, ie: does the customer reported data match actual financials. Performed analysis of Assets, Profit & Loss and Pay statements, tax returns and assorted tax schedules.
• Ordered and analyzed credit reports. Ordered and analyzed property valuations to determine loss exposure, including full appraisals, Broker Price Opinions, and AVM's.
• Completed steps within the loss mitigation decision process work flow within assigned timelines to insure maximum customer experience. Adhered to system documentation policy and procedures to insure accurate internal and external reporting. Ensured files are complete and ready for final review of decisioner. Completed "pre-decisioning" utilizing tools such as short sale analysis and modification affordability sheet.
• Activation and completion of loan modification requests, ordered escrow analysis, foreclosure fees & costs.
• Obtained current HOI policies and property tax bills from borrowers.
• Performed additional special projects for managers and teammates as needed.
*Training in SBO, FHLMC, FNMA, Asset, Equity, ALS short sale/loan modification procedures and processes. Training in FNMA NPV Transaction Portal, HSSN, Modification Negotiator, Imminent Default Testing. Training in HAFA/HAMP and various other mortgage programs. Training in BACK END FULFILLMENT FOR FREDDIE MAC (i.e. drafting loan modification documents, updating system, tracking trial payments).
Education
Bachelor's in Biology
Hollins College - Roanoke, VA
August 1995 to May 1999
Skills
• CRM software
• QuickBooks
• real estate (10+ years)
• Pricing
• Driving
• Income Analysis (10+ years)
• Construction
• Bookkeeping
• Auditing
• Profit & Loss
• problem-solving (10+ years)
• Tax experience
• Writing skills
• Escrow
• Profit & loss
• Software Troubleshooting
• Procurement
• Banking
• Microsoft Access
• Accounts payable
• Financial planning
• closing (10+ years)
• Analysis skills
• underwriting (10+ years)
• Project management
• USDA (10+ years)
• loan processing (10+ years)
• Records management
• Non-QM (5 years)
• Technical support
• Manual transmission
• Financial auditing
• Retail sales
• Google Suite
• Balance sheet reconciliation
• Loan Officer Experience
• Management (3 years)
• Document management
• Accounts Receivable
• Time Management
• Microsoft Excel
• Continuous improvement
• Automated underwriting (10+ years)
• credit (10+ years)
• Credit Disputes (5 years)
• Mortgage (10+ years)
• Computer Networking
• loans (10+ years)
• Technical Support
• Communication skills
• Computer skills
• mortgage loan processing (10+ years)
• Data analysis skills
• Investment management
• QM (10+ years)
• Negotiation
• Financial report writing
• Account reconciliation
• Loan origination
• Microsoft Outlook
• CLERICAL LOAN (10+ years)
• Mortgage servicing
• Excellent written (10+ years)
• Quality control
• DocuSign
• Research
• Telecommunication
• Windows
• FHA (10+ years)
• Public relations
• Accounting
• Customer service
• Underwriting
• Software troubleshooting
• Typing
• Desktop Underwriter (10+ years)
• customer service (10+ years)
• mortgage loan (10+ years)
• Fraud prevention and detection
• Budgeting
• Accounts Payable
• Financial analysis
• Accounts receivable
• Leadership
• Loan Prospector (10+ years)
• documentation (10+ years)
• Microsoft Office (10+ years)
• Credit Analysis
• Credit Rescoring (5 years)
• Supervising experience
• Google Docs
• Fair Housing Regulations
• Documentation review
• Financial Report Interpretation
• Financial Analysis
• Encompass (5 years)
• Front desk
• Delivery driver experience
• Route driving
• Flatbed
• Secondary Market Investor Reporting (2 years)
• DTI Calculation (10+ years)
• Clerical experience
• Sales
• HUD (10+ years)
• Tax Experience
• Computer networking
• Time management
• Fair Housing regulations
• Credit analysis
Languages
• Spanish - Beginner
• French - Intermediate
Certifications and Licenses
Driver's License
CompTIA A+
Additional Information
Career Skills:
• Current experience in underwriting analysis, investor guideline interpretation, credit analysis, processing in prime and sub-prime mortgage loan processing, underwriting, servicing, quality control, secondary market loan purchasing and collateral analysis; loss mitigation, short sale, deed in lieu and loan modification processing. Negotiating and underwriting. VA, FHA, FHLMC (FREDDIE MAC), FNMA
(FANNIE MAE), Conventional, VHDA, USDA, DPA programs (Chenoa-grants, soft seconds, soft seconds fully amortizing), pricing, loan locks and loan registration. Non-QM, Jumbo, Brokered, 203k, Investment, Multifamily, Purchase, Refinance, etc.
• Proven ability to handle multiple loans and meet closing dates, more often than not closing earlier than expected. Proven pipeline management skills. I've closed a USDA loan in 21 days.
• 22 years of customer service experience including face to face, over the phone, and online correspondence. Prior CEO level executive assistance and administrative assistant experience.
• Excellent verbal and written communication skills. Outstanding teamwork, interpersonal, analytical, and problem-solving skills. Event planning, networking, marketing experience.
• Multi-tasking, line driven, ability to work independently remote or in high pressure energetic office environment Excellent organizational and time management skills. Team player who is calm under pressure and in the face of unexpected crisis. Goal-oriented, dedicated and a go-getter!
• Thorough working knowledge of real estate sales purchase contracts and addendums, mortgage and loan documentation, closing documentation, underwriting policies/guidelines, and compliance procedures. High level of proficiency with mortgage loan processing and automated underwriting systems. Commitment to excellence and high standards. Excellent written and oral communication skills. Strong organizational, problem-solving, multi- tasking and analytical skills. Ability to manage priorities and workflow. Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm. Acute attention to detail.
• Desktop Underwriter/DO/DU, Loan Prospector/LP, Encompass, MortgageBot LOS friendly.
• Strong interpersonal skills. Good judgment with the ability to make timely and sound decisions. Demonstrated ability to pre-underwrite a loan file. Ability to effectively communicate with people at all levels and from various backgrounds.
Contact this candidate