Mortgage Underwriter Resume

SUMMARY:

I am an experienced mortgage underwriter providing detailed review of documentation, cautious analysis of borrower’s income, asset(s) & liabilities to enhance high output in making approval/decline mortgage loan decisions, and service delivery experience to the customer.
I have an extensive knowledge of underwriting conventional loans conforming to confidential and Freddie Mac standards/guidelines, ensuring effective identification of areas needing conditioning.
I am also well versed in handling various case types, following set guidelines, and following standard operating procedure and ensuring compliance with internal and external (legal and regulatory) requirements.
Ability to perform analysis of loan documentation from a risk - based approach.
Ability to pay attention to details, and ensure due diligence, thereby producing error free recommendations.
Credit and income analysis.
Ability to work on different loan purpose types.

PROFESSIONAL EXPERIENCE:

Confidential

Mortgage Underwriter

Responsibilities:

Perform analysis of loan applications, credit reports, income documents, title, tax, appraisals and other relevant documents, with the aim of determining eligibility.
Determine the ability to repay (ATR) of the borrower, by analyzing customer creditworthiness and financial strength.
Compute debt-to-income (DTI) ratios, loan-to-value (LTV) ratios on a case-by-case basis in accordance with company policy and investor guideline.
Ensure documents are consistent with industry standards and implement fraud detection techniques.
Evaluate financial strength of the borrower by analyzing financial and credit reports.
Evaluate difficult and complex loan applications to render underwriting decision based on overall risk.
Liaise with loan initiator and loan processor to clear conditions and ensure smooth loan approval process.
Ensure all borrower’s information as seen on the form1003 (loan application form), is correctly captured on internal system, to ensure integrity of data