Eric Kellum Email & Phone Number

Oaklyn, NJ, US

Greater Philadelphia Area

Newark, DE

Application review of secured business loans for medical doctors, dentists & veterinarians.Products included practice purchases, buy-in, relocation, remodel, equipment, debt consolidation and real estate loans.Assessed credit worthiness of personal and corporate guarantors via cash flow analysis and financial statement review including business and.

Newark, DE

Application review of unsecured small business credit lines.Assessed credit worthiness of personal guarantor and business characteristics.Personal, business credit and asset analysis.Worked closely with personal bankers, client manager & guarantors to develop personal & business profile.

Newark, DE

Lending authority for Conforming and Non-Conforming residential home loans.Utilized automated underwriting engine and manual underwriting for purchase and refinance transactions.Credit, income, asset and collateral review of applications to issue appropriate conditions.

Chester, PA

Assessed credit worthiness while adhering to regulatory and compliance requirements.In-depth review of income & asset documents, including Sales Contracts, Title & Appraisals.Developed a strong working relationship with sales and processing to structure loans, resolve issues, assisted with re-negotiations of loans based on lending guidelines, contacting.

Newark, DE

Quality & Compliance review of Deed in Lieu/Short Sale file submissions.Insure each file has the correct investor specific documentation and meet minimum qualifying standards.Review of financial hardship (tax returns, paystubs & bank statements).Title and appraisal examination, insure all approvals, contracts, deeds, assignments, satisfactions have been.

Wilmington, DE

Mitigated loss on behalf of Bank of America & their investors.Determined approval eligibility based on financial, credit & collateral analysisCollection and review of investor specific required documents for delegated and nondelegated (Conventional, Fannie Mae, Freddie Mac & multiple MI companies)Negotiated positive outcomes with realtors, attorneys and.

Assessed credit risk.Assured program guidelines & compliance criteria were maintained. Income analysis, title & appraisal review.Port management.

Set up Correspondent clients, reviewed financials, MARI / Lexus Nexus reports.Issued Pre-approvals (review credit, income analysis, appraisal & title).Scrubbed mortgage pool spreadsheets for bids & pricing. Negotiated premium recapture and repurchase issues.

Managed underwriting team responsible for completing off site due diligence for Eastern Region.Insured underwriting guidelines and compliance criteria were maintained.Hired & trained underwriters.Served as point of contact for correspondent questions, loan structuring.