David Silva Email & Phone Number

Review Fannie Mae and Freddie Mac conforming loans by reviewing credit, capacity, compliance and collateral characteristics of the loan file to ensure it meets investor quality standards. Review all aspects of income documentation, pay stubs, W-2s and self-employed income through personal and business tax returns. Review property appraisals for consistency and value, complete appropriate review check list and order appraisal reviews if needed. Respond to emails and telephone inquiries in a timely manner from Processors, Account Executives, Business Partners, including Brokers and Correspondent lenders in interpreting underwriting conditions and underwriting guidelines. Aid in the resolution of pre-purchase loan deficiencies by assisting the post-closing department in making necessary file corrections as well as retrieving loan suspense conditions Maintain a pipeline daily by completing sufficient new underwriting reviews and condition reviews within defined turn times

Irvine, Ca

Responsible for underwriting Fannie Mae and Freddie Mac conforming loans by reviewing credit, capacity, compliance and collateral characteristics of the loan file to ensure it meets investor quality standards.Identify any document deficiencies, add applicable conditions, request additional information and or documentation as needed in credit decisions.Review income documentation, paystubs, W-2s and self employed through personal and business tax re-turns for income and job stability.Review property appraisals for consistency and value, complete appropriate review check list and order appraisal reviews if needed.Assist processors in interpreting underwriting conditions and underwriting guidelines.Manage individual pipeline on a daily basis by completing sufficient underwriting review, risk reviews and condition reviews within defined turn times.

Anaheim, Ca

Underwrite and review residential loans to underwriting guidelines by conducting accurate and thorough review of a Borrower's ability to repay the mortgage and credit worthiness. Able to apply knowledge and experience to better understand the business implications of granting a loan and then effectively communicate the reasons that led to such decision.

Anaheim, Ca

Fast paced business environment where I reviewed and approved mortgage loan transactions for adherence to both company and industry guidelines for conforming to Fannie Mae (DU). Conducted detailed analysis of all types of income documentation, wage earners, rental income, passive income and self employed income using tax returns. Proactively engaged with Loan Officers, funders and post-closing in regards to loan decisions, assignment of loan conditions, investor guidelines/documentation requirements and possible loan scenarios.

San Bernardino, Ca

Evaluated and examined conforming mortgage loan transaction to ensure accuracy and completeness while upholding both company and industry guidelines for conforming, FNMA and FHLMC. Evaluation included the analysis of financial statements, credit reports, income documentation (wage earners and self employed) for applicable ratios (debt and loan to value ratios). Worked in tandem with Loan Officers and to renegotiate loans based on lending guidelines.

Brea, Ca

Perform detailed analysis of income and expenses to determine eligibility for mortgage loan modifications. Assessed non-traditional monthly income derived from pension, annuity, social security and earnings from investments including stocks, rental income as supported by schedule E and bank statements to determine cash flow. All loans were underwritten in compliance with investor guidelines and industry guidelines including FNMA, FHLMC and FHA.

Brea, Ca

Reviewed financial documentation (pay stubs, W-2s, 1040s for self employed and bank statements) to determine income for hardship for short sale or other modification plans. Communicated the terms of the short sale process and other possible work out plans with borrowers, agents and attorneys including notification of declined files based on departmental or investor guidelines if short sale did not meet minimum requirements.

West Covina, Ca

Irvine, Ca

Irvine, Ca