Loan Processor Follow Up

Chad Rodriguez

Westbury, NY

Email: ************@*******.*** Phone: 516-***-****

LinkedIn: http:// www.linkedin.com/in/chad-rodriguez-64512a35 PROFESSIONAL SUMMARY

• While working as a Loan Processor, he has been closing 30-40 loans every month.

• Processed residential & commercial loans (FHA, VA, Conventional, purchase, refinance) under various programs (203K, DSCR, fix-n-flip, bank stmt only, Alt Doc, Non-QM) in a quality consistent with all company policies and procedures.

• Worked closely with multiple lenders to structure and service loans involving multiple financial institutions, ensuring clear communication and documentation throughout the syndication.

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

• Analyzed and interpreted complex syndicated loan agreements, ensuring compliance with borrower and lender terms and conditions.

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

• Coordinated and processed syndicated loans, ensuring adherence to lender and participant bank guidelines. COMPUTER SKILLS: Outlook, Excel, Loan Status Tracker, Docusign, PACS, Citrix-Unifi, Calyx, Encompass, Octane, Lending Pad, Loan IQ, Salesforce

EDUCATION: B.A. Economics (Honors) & Sociology (Honors) Minor: Business Management (Honors) - Stony Brook University- December 2001

PROFESSIONAL EXPERIENCE

GRAND GATE CAPITAL JUNE 2024– PRESENT

Business Loan Consultant

• Working and corresponding with over 100 private funders for residential and commercial loans, Lines of Credit, Equipment Leasing/Financing and SBA loans

• 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 legal documents from business owners USN MORTGAGE SEP 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.

• Running and clearing Reg Z and Reg B reports for loan compliance 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 transcript, VOEs, mortgage payoffs, insurance binders, Coop/Condo documents & wires sent to client A+ CREDIT SERVICES MAY 2018 - OCT 2019

Senior Loan Processor

• Process residential & commercial 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, especially Notes/Allonges, Mortgages/Riders, Titles/Endorsements

• 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 & commercial 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 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 ensures 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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