SUMMARY

• Experienced and analytical Mortgage underwriter professional with 3+ years hands - on extensive experience in teh Mortgage industry in handling underwriting business from enquiry right through to quotation, acceptance, and endorsement. Analyzed and conditioned Conventional and FHA approved and manual underwritten mortgage loans.
• Completed detailed analysis of personal assets, income, and liabilities for clients to secure an accurate decision to complete teh loan process.
• Possessing a strong desire to deliver a world class service and to make a significant and immediate impact on any operations. Analyzed personal and business tax returns for income qualification for home mortgage loans. Underwrote purchase, new construction, manufactured homes, and refinances mortgage loans. Filled in for mortgage underwriter manager when out of office. Understand DU/LP underwriting system.

PROFESSIONAL EXPERIENCE

Underwriter Fairway Independent Mortgage

Confidential, MD

Responsibilities:

• Maintained meticulous attention to detail in underwriting mortgages. Evaluated teh financial strength of borrowers to determine risk and repayment capacity.
• Leveraged knowledge of loan products to help restructure turned-down loans for subsequent approvals. Maintained compliance with lending, underwriting and government requirements.
• Demonstrated excellent follow-through with borrowers, loan processors, loan originators and management throughout all phases of teh underwriting process.
• Accurately calculate borrower’s income and debt-to-income ratios based on acceptable TTHL and agency practices.
• Maintain communication with management on status of loans in process, ensure all tracking is kept up to date on loan status so it is clear if loans are being held up and wat teh reasons for teh holdup is.
• valuates Tax and title review to determine and document loan conditions and communicating requirements and /or fraud exposure.
• Analyze borrower’s credit profile, collateral, and capacity to repay teh proposed mortgage obligation.
• Underwrites first time home buyers' loan, refinancing and modifications.
• Underwrites loans to verify for completeness, accuracy, and compliance, communicates with borrowers to verify information and ensure that all required documents are provided.
• Underwrites mortgage loan applications and evaluates loans to maximize organizational profit and minimize risk or loss.
• Reviews and evaluates borrower(s) profile including but not limited to all income documentation, tax returns, credit reports, preliminary report, judgments, bankruptcy documents and appraisals.
• Demonstrates proficiency in automated underwriting systems (DU, LP).
• Maintains a pipeline of loan file audit/review inventory, meets production requirements, and communicates status to management.

Mortgage Underwriter

Confidential Fairfax, VA

Responsibilities:

• Evaluate the creditworthiness of borrowers to render a credit decision. dis includes but is not limited to teh review of paystubs, W2’s, financial statements, tax returns, asset statements, bank account statements, credit reports etc.
• Maintained In and outbound calls with customers for requirement gathering and providing solutions to customer queries.
• Perform Second Level One Up Reviews on those loans recommended for approval above someone’s lending authority
• Review and evaluate information and documentation on mortgage loans, home equity loans, and home equity lines of credit to determine if borrower and/or property meets prescribed loan standards.
• Leveraged knowledge of loan products to help restructure turned-down loans for subsequent approvals.
• Uses background experience and knowledge of guidelines and personal judgment to make loan decisions which exceed guidelines when warranted
• Financial Analysis - Accurately determines teh financial condition of teh applicant(s)
• Evaluates borrower’s credit and capacity to repay teh requested loan.
• Proactively addresses underwriting submission deficiencies
• Assist in correction of Delivery Violations and government ensuring deficiencies on specific files as required.
• Demonstrated excellent follow-through with borrowers, loan processors, loan originators and management throughout all phases of teh underwriting process.
• Reviewed VA, Conventional, High Balance, Harp, andUSDA loans with exposure to FHA loans.
• VA trainer for new and existing employees.Senior SAR Underwriter, LAPP .
• Assisted in developing and implementing VAguidelines for teh company.
• Produced a high number of loan decisionsconsistently while exceeding quality benchmarks.
• Customer service focused and a four time winner ofthe service conference award which is based onannual customer service scores, quality of work, andproductivity.
• Team oriented who also works well independentlyand is dependable. Self-motivated
• Well trained and experienced working with LOS such as encompass and empower for 3 to 5 years. Also dealt with constructional loans.

TECHNICAL SKILLS

• Credit & Income Analysis, Risk Assessment, Loan-to-Value Ratios (LTV), Debt-to-Income Ratios (DTI)
• Conventional & Government Mortgages, Loan Closing, Cash-Flow Analysis
• Documentation, Account Service Excellence Lending & Underwriting Guidelines.
• Proven analytical and organizational skills and demonstrated ability to prioritize and multitask.
• Demonstrates strong interpersonal communication skills with ability to communicate effectively.
• Strong analytical and decision making/problem solving and risks assessment skills.
• Strong Microsoft Office skills, including Excel
• Fair Housing Regulations
• Portfolio Management
• Financial Analysis