Licensed Realtor

Underwrite Conventional (Fannie/Freddie) applications using Desktop Underwriter (DU) and Loan Product Advisor (LPA), including manual Non-QM Underwriting not reliant to AUS. Review all credit, asset, income, and collateral documentation, to produce credit decisions in accordance to underwriting guidelines from initial loan approval to final approval . Met 48-hour timeline consistently, turning around applications quickly with firm approval or denial decisions. Made careful determinations based on skilled analyses of submitted documentation covering credit histories, employment records andcurrent financial status. Maintained mortgage program compliance with federal agencies suchas FHLMC and FNMA. Manually underwrote Non-QM mortgage loan transactions submittedby Correspondent and Wholesale lending clients to company and investor credit guidelines. Ensured appraisals meet investor and/or credit requirements and value is reasonable and well supported. Maintained working knowledge of lending programs and underwriting guidelines, including secondary marketing requirements, which included Non-QM correspondent lending clients, brokers, and third-party vendors throughout the review process to closing/funding.

• Reviewed and validated details of loan applications and closing documentation.• Used transactional and customer records, external data and publicly available information to identify suspicious or unusual activity.• Interpreted regulatory rules or rule changes and communicated with others through corporate policies and procedures.• Identified portfolio risks resulting from client's underlying business practices, underwriting investigations or fraud exposure.• Evaluated debt ratio, loan-to-value ratios, credit scores and property valuations.• Proved successful working within tight deadlines and fast-paced atmosphere.• Worked flexible hours; night, weekend, and holiday shifts.• Made careful determinations based on skilled analyses of submitted documentation covering credit histories, employment records and current financial status.• Maintained mortgage program compliance with federal agencies such as VA, HUD and FNMA.• Reviewed team underwriting decisions to identify incorrect actions and reverse previous decisions when merited.

• Made careful determinations based on skilled analyses of submitted documentation covering credit histories, employment records and current financial status.• Evaluated performance of less experienced underwriters and helped improve overall work quality by implementing improvement plans.• Applied grades to each loan application based on established criteria to keep institutional risk low.• Determined credit risks by reviewing files in advance and comparing data against internal checklists and guidelines. * Reviewed complex income documentation, expense data, through LoanBeam, asset documentation, which included business asset statements, P & Ls, and Balance Sheets.• Reviewed team underwriting decisions to identify incorrect actions and reverse previous decisions when merited.• Obtained copies of applicants' credit histories and reviewed paperwork to determine feasibility of granting loans.• Maintained mortgage program compliance with federal agencies such as FNMA and FHLMC* Frontline underwriting to Conventional and NonQM loans. * Reviewed credit reports and property valuations. to ensure compliance with our investors, agencies, HUD, VA, USDA or HFA’s, as applicable.

Responsible for underwriting 2-3 new loans per day while minimizing any risk to the company by thoroughly analyzing a borrower’s income, credit, assets, ratios and the collateral to ensure compliance with our investors, agencies, HUD, VA, USDA or HFA’s, as applicable. Complete understanding of investor guidelines and ability to run and interpret AUS findings (DU and LP).

Maintaining a current understanding of various documentation types, loan programs, as well as all overall general underwriting guidelines. Underwriting a full range of Fannie and Freddie mortgages. Perform data Input and analysis of findings in Encompass and other applications.

Post-Closing Review of Conventional, FHA, VA, and USDA loans to verify for completeness, accuracy, and compliance
as well as all overall general underwriting guidelines. Perform thorough analysis of applicant's income and expense data, asset documentation, credit reports, and property valuations to affirm borrower qualified for loan.

Complete a thorough analysis of the loan file to determine customer credit worthiness and collateral value. Examined loan documentations for accuracy and completeness while working with loan originator or production staff to secure all required documents. Maintain a working knowledge of secondary market underwriting guidelines and private investor and private mortgage insurance guidelines.