Mortgage Loan Underwriter

**** **** ****** ******** ****, MN ***** M 612-***-**** H 612-***-**** **********@****.***

David McGee

Objective Obtain an underwriting position that will utilize my 8 years of professional skills and experience to Improve the quality and efficiency of production within your organization.

Experience 07/01/2010-Present Allonhill Denver, CO

Contract Underwriter

Perform underwriting analysis and due diligence utilizing the Allonhill desktop format.

Verification of credit, income, collateral and compliance on conventional/commercial/Jumbo etc. mortgage loans according to Investor guidelines,

2010 Respa Training, Evaluation of Core Logic and Lexus Nexus Reports, Verification of Rent Roll for commercial properties.

Run the AllonHill Due Diligence Mortgage Loan Reporting System setting Underwriter Conditions and making comments on various aspects of a particular Loan i.e. Appraisal, Credit, Income, Compliance, Hud 1 Fees, Purchase Contracts, ROR, Title Evaluation etc.

Attend webinar kick off calls and reviewing scope documents to fit a particular clients needs in Auditing pools of loans for purchase and resale in the secondary market

07/01/2006-07/01/2009 A-1 Star Mortgage Brooklyn Park, MN

Loan Originator

Average 2-3 Loans closed per month.

Trained new employees on Calyx 4.1 in the loan origination process. Successfully utilized down payment assistance programs and made sure the borrower understood the transaction and fees, complied with Lender Loan Lock agreements and effectively communicated with Lender Account Executives.

Obtained all necessary documentation(1003, Last Two Pay Stubs and Last two years W-2, Bank Account and Asset information presented the GFE to the Client etc.) from borrower and effectively communicated with borrower, processor and underwriter to efficiently close loans in a timely manner.

07/01/2004-07/01/2006 The Clayton Group Shelton, CT

Contract Underwriter

Due Diligence underwriting/ compliance review of mortgage loans in the secondary market according to various investment firm guidelines. Quality Control Underwriter Manually for Decision 1 Mortgage and HSBC investment deals. Calculated LTV, income PITI and DTI Ratios etc. accurately. Evaluated credit to ensure credit score and mortgage type (ARM at 5.00% A.P.R.) conformed to investor guidelines

Credit and income analysis using desktop underwriting software’s. Effectively utilized The Clayton Group’s C Class automated Underwriting Engine to produce accurate reports of a Mortgage Loans Level to conform to various investor guidelines. (1-Failure 2-Poor 3-Approve/Ineligible 4-Approved) Compliance reviewed each loan to ensure all guidelines were executed properly.

09/01/2002-06/01/2008 Mortgage Professional Services Group St. Paul, MN

Contract Underwriter

Perform underwriting analysis on the FNMA desktop format. Desktop Underwriter training Conventional, ARMs, Fixed Rates, HELOC, Purchases, Jumbo Loans and Refinances. Desk Top Originator training Loan origination training 5 loans closed per month.

Manual analysis and verification of credit, income, appraisal and compliance on conventional home loans according to FNMA/FHLMC guidelines. Income verification of tax returns for self employed borrowers, verification and calculation of rental income.

Frontline and due diligence underwriting

Loan Origination Associate

Pre Approval of loan applications and collection of documentation from home loan consumers.

Provided credit consultation/ credit repair to sub-prime borrowers.

Average of 5 loans closed per month from 09/2002- 06/2006

Processing Specialist

Processed primary and sub-prime loans according to FNMA/FHLMC guidelines. Cleared Underwriter Conditions and packaged entire loan file for Lender and Title Company. Ordered VOE, VOR, VOD, Title, Appraisal, Credit Report, Power of Attorney etc.

Successful communication with various lending institutions, Title and Appraisal Companies Originators and or borrowers to clear underwriting conditions in an effective manner.

Education

09/01/1999-06/01/2003 High School for the Recording Arts St. Paul, MN

High School

Diploma

05/01/2002-08/01/2002 Mortgage Professional Services Group St. Paul, MN

Underwriting Training and Analysis of Tax Returns for Self Employed Borrowers.

Underwriting Certification Completion of Course

Analysis of Tax Returns for Self Employed Borrowers Certification Completion of Course

Computer Skills

FHLMC Desktop Originator (DO)

FFNMA Desktop Underwriter. ( DU )

Calyx Point 4.1

C Class ( Clayton Automated Underwriting System )

TMO Data Integrity

Allonhill Due Diligence System

Microsoft Excel

Microsoft Word

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