We provide IT Staff Augmentation Services!

Mortgage Underwriter Resume

4.00/5 (Submit Your Rating)

El Paso, TX

Hire Now

SUMMARY:

Analytical mortgage underwriter with 4+ years of experience responsible for the analysis of submitted file for Capacity, Capital, Character, Collateral, and Condition. This includes ensuring that loan request meets program and product specifications or counter - offer to different product and/or program when appropriate. Perform a thorough analysis to ensure the quality of each loan and to determine compliance with Company and Investor guidelines.

SKILL:

Understanding of mortgage auditing and quality control process

Strong credit, risk analysis and analytical skills

Ability to multi: task and must be detail oriented

Team player with excellent customer service skills

PC Proficient to include: Word, Excel, Outlook, internet, e-mail and mortgage loan origin

Strong verbal and written communication skills

Capability of working under pressure and meeting deadlines

Knowledge of Encompass LOS

Detailed oriented, flexible and adaptable

Learns quickly and thrives in a fast-paced environment

Ability to adapt the changing environment

EXPERIENCE:

Mortgage Underwriter

Confidential, EL Paso, TX

Responsibilities:

  • Review loan applications from processors for underwriting to all agency guidelines and investor overlays
  • Ability to review and research guidelines for both agencies and investors
  • Verify and validate all income types, assets used in transaction, and credit reports
  • Review and underwrite appraisals and titles
  • Organize and manage personal pipeline
  • Run AUS through Freddie Loan Product Advisor or Confidential 's Desktop Underwriter
  • Issue approval with conditions or clear to close to the loan officer & processor
  • Work with team members (Processors, Closers and Loan Officers) to identify potential solutions/alternatives for difficult/denied loan files.
  • Keep abreast of changes in guidelines to keep current with all requirements.
  • Communicate, as required, with Underwriting Manager and advise of any underwriting problems or issues.
  • Complete thorough analysis of loan files to determine compliance with company, investor and agency guidelines.
  • Maintain a minimum productivity level of 4 new loans per day.
  • Review conditions within posted turn times.
  • Communicate loan decisions to appropriate parties both orally and/or in writing.
  • Respond to post closing, insuring and audit reviews.

MORTGAGE UNDERWRITER

Confidential, Albuquerque, NM

Responsibilities:

  • Reviews and analyzes all information on the loan application matching it to the documentation in the loan file and d Confidential in the Loan Origination System (LOS).
  • Reviewing initial submission of loan files and determining eligibility with FNMA, FHLMC and/or Investor loan guidelines.
  • Authorizing and underwriting mortgage loans.
  • Review income, assets, appraisals, and other conditions on files and make sure they meet appropriate guidelines
  • Work with Underwriters and Underwriting Supervisors to complete underwriting process within required turn times
  • Stay current on agency and investor guidelines as well as internal processes
  • Effectively communicate with Loan Officers and Processors
  • Knowledge of basic lending and underwriting policies and procedures, including guidelines issued by FNMA and FHLMC.
  • Proficiency with automated underwriting systems.
  • Analyzed loan-to-value ratios, debt to income ratios and credit scores to make underwriting decisions.

Loan Processor

Confidential, San Francisco, CA

Responsibilities:

  • Perform a thorough analysis of new loan applications, including reviewing borrowers' income and expense d Confidential, self-employment documentation, tradelines, and property valuations while considering specialized underwriting criteria.
  • Pre-underwrite loan applications to ensure they meet underwriting standards according to a wide range of lender guidelines and DU/LP requirements.
  • Package and submit loans to lender underwriting for conditional review and full approval.
  • Apply your experience and industry knowledge to evaluate investor guidelines' loan findings and create pathways for solution-based approval exception scenarios and/or counter-offers.
  • Prepare, review, and ensure the timely delivery of all loan disclosures to our clients in accordance with all governmental and investor requirements.
  • Updates job knowledge by participating in al opportunities; maintaining personal networks.

Hire Now
Report an issue

We'd love your feedback!

Privacy Policy
Resume Categories
Client Services
Job Seekers
Visa Sponsorship