James E Lafferty Email & Phone Number

Evaluate retail and wholesale loan applications, determining creditworthiness, assessing risk and establishing loan conditions. Scrutinize credit, income, assets, appraisals and title documents to verify accuracy and adherence to program parameters. Demonstrate sound decision-making in approving or denying loans based on comprehensive assessments of borrower's creditworthiness and risk factors. Strict adherence to mortgage program compliance with federal agencies such as VA, HUD, FNMA, FHLMC, Portfolio, Community Lending and Down Payment Assistance Programs. Facilitate and Pilot the development of VA program guidelines and procedures by active collaboration with different departments sharing expertise as needed. Command a diverse portfolio of mortgage applications, consistently meeting strict deadlines while exceeding quality control expectations. Proficient in use of DU, LP, Encompass, Microsoft, Excel, FHAC, VA Weblgy and Jack Henry. Strong communication skills with loan officers, processors and loan applicants to navigate mutually beneficial loan terms. https://bold.pro/my/jamese-lafferty-240731181420/156r Subject matter expert in reviewing and analyzing both individual and complex multiple business income tax returns (sole proprietorship, 1120S,1120,1065,1041)

Demonstrated sound decision-making in approving or denying wholesale loans in a multi state environment based on comprehensive assessments of borrower's creditworthiness and risk factors. Mitigated risks associated with loan approvals, conducting thorough due diligence on borrower profiles and property valuations. Approved or denied loans based on established criteria and underwriting guidelines. Exercised daily mortgage program compliance with numerous agencies such as VA, HUD, FNMA, FHLMC, Jumbo, New Construction. Reviewed appraisals and title documents to verify accuracy and completeness. (VA SAR Underwriter)Balanced competing priorities and managed high volume of work, consistently meeting or exceeding performance metrics for approval rate, turnaround time, and loan quality.

United States Forensic fraud research analyst for investor re-purchase programs. Utilized 15+ years of frontline underwriting experience for rebutting discrepancies of income, credit, employment, occupancy and collateral according to investor guidelines.

Lead Mortgage Loan Underwriter in a large retail utility underwriting department responsible for a diverse portfolio of loans being offered, effectively balancing risk management with client needs for successful outcomes. Utility Department handled over-flow from all other departments including Conventional, FHA, VA, Jumbo, 203k, New Construction and In House Loans. ($1,000,000 Signing Authority)Served as a subject matter expert on loan products, advising colleagues and clients alike on appropriate options based on unique needs and financial situations. Analyzed potential risks and evaluated loan products to identify suitable options for customers. Cultivated a deep understanding of market trends and regulatory updates to inform decision-making during the underwriting process.