Mortgage Underwriter Resume

TECHNICAL SKILLS

PROFESSIONAL EXPERIENCE

Confidential

Mortgage Underwriter

Responsibilities:

Review loan documentation, exceptions, files individually or files in aggregate to determine if programs, processes, and documentation are following internal company requirements.
Also responsible for the adherence of insurer guidelines and investor requirements
Evaluate overall loan documentation and system documentation to identify investor or regulatory issues.
Reviewing and approving appraisals.
Ensure that identified risks and/or problems were clearly documented and communicated to the appropriate parties within Loss Control Technology Services Solutions Group
Decide on Rejection or Approval of loans that meet mortgage guidelines and policies.
Responsible for calculating debt to income and loan to value ratios
Review tri - merge credit reports to ensure loan meets secondary investor and company guidelines.

Confidential

Contract Mortgage Underwriter

Responsibilities:

Comprehensive evaluations of a variety of complex, high-risk mortgage loan applications meeting and exceeding company's daily goal of three new underwrites and maintaining 24hr turn-around time on conditions.
Customer service follow-through with borrowers, loan processors and management throughout all phases of the process.
Review and evaluate information on mortgage loan documentation to determine if borrower and/or property meet loan standards
Extensive knowledge in reviewing tax returns for self-employed borrowers, which includes Sole Proprietors, Partnership and Corporations etc.
Review complex appraisals for all types of properties, making the determination if value is supported and if property meet lender and investor guidelines.

Confidential

Quality Assurance Underwriter

Responsibilities:

Worked on a project that involved both manual underwriting and due diligence of closed loans.
Primary focus was to prove that the loans were fully underwritten based on the company and industry guidelines.
Worked very closely with Attorneys and Management resulting in all loans being purchased back.
Worked diligently with everyone that was involved in the project and as a team we managed to obtain the expected results per lender within the same projected time frame.
Assisted in training new hires on the company system and policies and procedures Commercial Underwriting for Confidential for six months.
Commercial credit analysis, underwriting, and portfolio/risk management experience, with finance background.
Credit analysis, underwriting, structuring traditional/atypical transactions, credit quality assessment, portfolio.
Management, identifying, handling and negotiating problem loans, collateral analysis, and perfection and closing of loans.
Knowledge of regular lines of credit, asset-based lines of credit, term loans, commercial and owner/user real-estate loans, investor real estate loan, syndicated loans, non-profits, cash flow lending, and global cash flow.
Prepared financial statements spreads and cash flow analysis of companies and individuals based on financial statements and tax returns and alerted management and officers about potential problem loans.