Alec Sorrel Email & Phone Number

Glen Allen, VA, US

Greenville, North Carolina, US

• Evaluated and underwrote loan applications for auto financing from a territory of 250+ dealers throughout the state of Virginia. Operated in a fast paced, high volume environment where typical response time was less.
• Conducted thorough due diligence, including analyzing borrower’s credit report, income & asset documents, employment and housing history, and collateral condition and value. Balanced sales targets and production goals.
• Developed strong working relationships with all levels of dealership personnel (from General Mgr to sales people) to secure loan package submissions. Worked with internal and external partners to expedite funding loan.
• Used Salesforce to track dealer interactions and identify / communicate new sales opportunities as well as dealers that have potential to increase current business levels. Identified targets for cross selling potential.

Bellingham, Washington, US

• Proactively managed a portfolio of 50+ bank owned residential homes. Responsibilities included bringing the property through the end of the foreclosure cycle, defining & coordinating scope of repair work, providing.
• Developed relationships with asset managers & portfolio managers that are responsible for assigning the foreclosed properties to local real estate agents. Have more than doubled the amount of companies we received.
• Evaluated potential ROI and developed scope of repair bid for contractors to repair assigned properties. When approved I coordinated the repairs with the contractor and was responsible for communicating progress to.
• Identified residential homes to purchase, renovate, & then sell (commonly known as flipping). Currently growing this as a larger portion of my real estate business. Coordinating with a business partner in Maryland and.

• Averaged more than $1 million / month in residential loan originations for 2012-2014. Consistently ranked in top 15% of new loan officers and in top 40% of company as a whole.
• Originated retail Conventional and Government home mortgage loans. Responsible for all front end functions of the mortgage process including counseling and prequalifying borrowers, completing loan applications.
• Developed new business through face to face appointments, networking, and email / print campaigns and kept in constant contact with previous customers for potential referrals and continuing business.
• Conducted group and 1 on 1 trainings with referral partners (specifically realtors and financial planners) to educate them on mortgage topics and social media marketing.
• Coordinated with loan underwriters / processors to ensure loan moved through correct channels smoothly in order to meet targeted closing dates. Communicated with customers and referral partners throughout the process.
• Leveraged Social Media to prospect for new business and referral partners and develop an online presence that was consistent with company goals and philosophies.

US

• Developed and maintained broker relationships throughout the greater Richmond / Central Virginia area. Tasks included pre-qualifying, structuring, submitting loans and working with internal staff to close and fund.
• Member of Option One’s National Sales Advisory Committee and Automated Underwriting Committee. Worked closely with Option One senior management to provide insight and direction into a variety of issues involving AE’s.
• Served a technology liaison for the Herndon / Sterling branch AE’s. This involved testing new technology (laptops, blackberry) and then training branch AE’s on usage and application to daily tasks. Helped at National.
• Appointed as a peer trainer to conduct and supervise training of new Account Executives. Responsibilities of the peer trainer include one on one coaching sessions in the trainers / trainees market area, weekly review.

Bs, Economics & Management Science

Education record

Education record