Mortgage Underwriter Resume
3.00/5 (Submit Your Rating)
Riverdale, MD
SUMMARY
- A Critical thinking individual wif over 3 years of professional experience in conventional mortgage underwriting.
- me possess excellent verbal as well as written communication skills and have worked as an individual as well as part of a team.
- me am very proactive in nature, excellent in documentation, pay keen attention to details and ready to explore new environments.
PROFESSIONAL EXPERIENCES
Confidential, RIVERDALE MD
MORTGAGE UNDERWRITER
Responsibilities:
- Review loan package for required documentation.
- Analyze loan risk and request additional information, as necessary.
- Ensure loan package meets compliance guidelines and fixing discrepancies as necessary.
- Review and clear all underwriting conditions prior to closing.
- Making loan eligibility decisions and approving or rejecting applications
- Review loa history provided in teh documentation and results of prior review requests.
- Escalate issues wif teh manager and provide ongoing feedback to continually improve our process.
- Authorize and underwrite loans.
- Issue underwriting decisions using procedures, systems and ensure compliance or investor underwriting guidelines.
- Analyze and review incoming purchases and refinance conventional loans for completeness and accuracy.
- Maintain required production and quality standards.
- Review FHA Loans for supervisor to approve and sign.
- Document teh underwriting review in systems.
- Analyze documentation such as credit reports, income, taxes, assets, and appraisals to ensure information listed in teh Uniform Residential Loan Application (URLA/1003/65) is accurate.
Confidential NEW YORK
MORTGAGE UNDERWRITER
Responsibilities:
- Review loan files to ensure they meet all teh conditions and implement teh loan agency guidelines.
- Calculate available consumer cash flow base upon documentation received.
- Underwrite mortgage loan applications and evaluate loans in order to maximize organizational profit and minimize risk or loss.
- Update fields in encompass (assets, liabilities, fico scores, property type, file contacts).
- Deny Loans if documentation presented does not meet Freddie Mac or Fannie Mae Guidelines.
- Contact private investors to resolve any issues or questions that may arise on loan files, programs etc.
- Communicate decision on loans to appropriate parties both verbally and in writing.
- Review and analyze income from both personal and corporate tax returns.
- Analyze loan packages for any sign of fraudulent documentation or information.
- Work wif Loan Originators to restructure questionable loans into a salable package.
- Remain informed of all government regulations, requirements and laws for loan submissions.
- Consult wif teh Processing and Closing departments to ensure that all underwriting conditions are met prior to closing teh loan.
- Maintain highest level of customer service.
- Review and clear all underwriting conditions prior to closing.