Andy Tam Email & Phone Number

Ontario, Ca, Us

Irvine, California, United States

• Evaluate non-QM (Non-Qualified Mortgage) loan applications, ensuring adherence to financial regulations and investor criteria.• Demonstrate proficiency in Debt-Service Coverage Ratio (DSCR) and bank statement calculations.• Collaborated with other departments to assist in activating new investor products and implementing modifications to existing products.• Responsible for fielding complex loan scenarios and providing lending solutions.• Contributed to team meetings, sharing insights and strategies to improve underwriting practices and processes.• Assume additional duties in quality control, loan scenario analysis, and reviewing credit exceptions.• Assisted the EVP of credit policy with internal matrices and guideline changes to meet investor requirements

Ohio, United States

• Assess and evaluate residential loan applications in alignment with both investor and internal protocols. • Evaluate loan documentation meticulously to verify accuracy and completeness, ensuring compliance with eligibility criteria and minimizing potential risk or loss to the company. • Conduct thorough and precise analysis of all loan documents, encompassing AUS (Automated Underwriting System) decision reports, credit reports, various income sources including intricate personal and business returns, assets, preliminary title reports, appraisals, purchase agreements, escrow instructions, occupancy verifications, and fraud checks. • Possess extensive knowledge of complex tax returns, including those involving multiple businesses and financed properties. • Demonstrate proficiency in Debt-Service Coverage Ratio (DSCR) and bank statement calculations. • Manage multiple investor guidelines adeptly and exhibit a deep understanding of Appendix Q regulations. • Uphold quality and productivity standards established by management. • Underwrite files diligently and expediently clear conditions on loans, prioritizing customer satisfaction.• Accurately input loan data and decisions into the current operating system. • Implement and reinforce fraud detection methodologies. • Identify risk factors that may compromise the overall quality of loan files. • Assist in resolving pre-funding or post-purchase loan deficiencies by collaborating with the post-closing department to address outstanding conditions or concerns. • Communicate loan decisions professionally and positively, both orally and via email, to maintain strong working relationships with colleagues and customers.

Orange, California

• Conduct comprehensive reviews of all loan components within the file to ensure completeness, accuracy, and adherence to Company and industry standards. This includes verifying that qualifying income aligns with provided documentation and that appraised values are supported by appraisal reports and relevant documentation.• Evaluate transaction details and investor manuals to confirm compliance with investor guidelines.• Deploy and reinforce fraud detection methodologies.• Underwrite loan applications within prescribed credit authority, handling transactions of varying complexity and risk levels.• Identify potential risk factors that could compromise the overall quality of the loan file.• Make timely loan decisions and assess loan conditions promptly.• Foster proactive communication and collaboration with loan agents, processors, funders, and post-closers regarding loan decisions, assignment of conditions, investor guidelines, documentation requirements, and potential loan scenarios.• Recognize the specific documentation needed for unique circumstances, such as self-employed borrowers, title report issues, derogatory credit, and non-traditional income sources.• Assist in resolving pre-purchase loan deficiencies by aiding the post-closing department in making necessary file corrections and addressing loan suspense conditions.• Possess expertise in all agency guidelines and requirements.• Demonstrate proficiency in reviewing all LP (Loan Prospector) and DU (Desktop Underwriter) certifications and understanding jumbo guidelines and second trustee requirements.• Played a role in the inception and launch of FHA products.

Los Angeles, California, United States

• Revise compliance checklist to align with current industry standards and create a comprehensive training manual for the disclosure desk.• Verify adherence to all relevant local, state, and federal mortgage compliance regulations to guarantee compliance with mortgage loan standards.• Offer administrative assistance by examining compliance condition trends and instituting protocols to minimize such conditions.

Irvine, California

• Collaborated on multiple projects with the Chief Credit Officer to devise and refine policies and procedures.• Ensured compliance by conducting monitoring and audits of disclosures, Loan Estimates, and Closing Disclosures.• Verified adherence to product guidelines to ensure loans met requirements stipulated by Fannie Mae, Freddie Mac, FHA, VA, Non-QM, and USDA.• Maintained an extensive understanding of current Federal and State lending regulations.• Demonstrated proficiency in interpreting and applying lending regulations and investor lending guidelines while reviewing, underwriting, or providing recommendations on loan applications.

Brea, Ca

• Managed a team of compliance analysts and offered support to underwriters and processors as necessary.• Ensured adherence to local, state, and federal mortgage compliance regulations for all mortgage loans.• Imposed reasonable and judicious conditions on loans within Encompass before progressing to the next stage.• Validated the issuance of disclosures and other third-party products in accordance with regulatory standards.

Brea, Ca

• Consistently deliver high standards of sales and service, supporting the strategies of the Microsoft Retail organization.• Present total solution offerings and sales support based upon each customer’s unique needs, both before and after the sale.• Collaborate with peers, store leaders, corporate and field team members in the development of innovative ways to continue to build long-term relationships with all customers.• Generate business leads for short term impact. Cultivate relationships to build a business pipeline for longer term success.

Newport Beach, Ca

• Processed sales quickly, accurately and efficiently.• Using online and offline sales tools to sell products and services.• Trained new employees on operational standards