Lori Constantine Email & Phone Number

Thousand Oaks, California, United States

Southern California

Reviewed and assessed income calculation primarily on 12-24 month bank statements. In addition reviewed personal and business tax returns. Determined credit worthiness of all applicants including ITIN applicants before program was discontinued. Reviewed appraisals to ensure value was supported and the property met investor guidelines.

Ann Arbor, Michigan, United States

Decisioned residential mortgage loan files in a manner that adheres to agency guidelines. Analyzed and evaluated layered risk to ensure loans eligibility and salability. Restructured loans if needed to be salable to Fannie and Freddie. Communicated effectively with management, processors, loan officers and investors to ensure excellent customer service

Calabasas, California, United States

Reviewed and analyzed applicant's loan application and document for Non QM loan programs. Reviewed alternative documents to qualify (i.e. profit and loss statements, 1099s, WVOES and bank statements). Used different online tools (Secretary of State business search, CPA verify, OFAC, NMLS, Zillow, CoreLogic, Property Profile and Google Earth) to support loan decision. Reviewed and analyzed credit documents to determine the borrower's mortgage ATR and overall debt-to income ratio. Analyzed… Show more Reviewed and analyzed applicant's loan application and document for Non QM loan programs. Reviewed alternative documents to qualify (i.e. profit and loss statements, 1099s, WVOES and bank statements). Used different online tools (Secretary of State business search, CPA verify, OFAC, NMLS, Zillow, CoreLogic, Property Profile and Google Earth) to support loan decision. Reviewed and analyzed credit documents to determine the borrower's mortgage ATR and overall debt-to income ratio. Analyzed personal and business tax returns, Schedule E, lease agreements, W2s to calculate borrower's income and ability to repay the loan. Reviewed appraisal to determine if property was acceptable and met Athas and lender requirements. As an Athas underwriter I became proficient in Lending QB- the underwriter had the responsibility of pricing the loan and determining associated fees. Adhered to federal regulations in loan compliance. Show less

Westlake Village, Ca.

Assessed all mortgage applications and related documents to ensure completeness and accuracy. Updated all information in Encompasse program. Ensured all fields were completed in both Desktop Underwriter and Loan Prospector. Adhered to GSE requirements specific to conforming loans and PennyMac overlays. Addressed red flags to ensure there was no misrepresentation; escalated loan rarely to management. Utilized effective communication and superior customer service. Effectively managed a large… Show more Assessed all mortgage applications and related documents to ensure completeness and accuracy. Updated all information in Encompasse program. Ensured all fields were completed in both Desktop Underwriter and Loan Prospector. Adhered to GSE requirements specific to conforming loans and PennyMac overlays. Addressed red flags to ensure there was no misrepresentation; escalated loan rarely to management. Utilized effective communication and superior customer service. Effectively managed a large monthly pipeline supporting timely fundings. Show less

Underwrote residential loans as a vendor for Bank of America. Followed Bank of America, Fannie Mae and Freddie Mac guidelines ensuring compliance with secondary market investor standards. Studied and passed to obtain NMLS license #1072752 (willing to update).

Westlake Village, Ca

The last position I held with Bank of America was Senior Underwriter for Bank of America. I started employment with Countrywide in 2000 which was purchased by Bank of America in 2008 and was continually employed with Bank of America until 2014. During my employment with with Bank of America I reviewed Conforming, Non-Conforming, Jumbo and MHA loans. I also gained experience in underwriting/reviewing Heloc, second loans and Sub-prime lending programs. I had a quality control position… Show more The last position I held with Bank of America was Senior Underwriter for Bank of America. I started employment with Countrywide in 2000 which was purchased by Bank of America in 2008 and was continually employed with Bank of America until 2014. During my employment with with Bank of America I reviewed Conforming, Non-Conforming, Jumbo and MHA loans. I also gained experience in underwriting/reviewing Heloc, second loans and Sub-prime lending programs. I had a quality control position reviewing conforming, second, non-conforming, FHA loans from August, 2006 to September, 2010. I was redeployed in September, 2010 to review repurchase Claims from Fannie Mae and Freddie Mac in Loss Mitigation. I transferred to the Underwriting Fullfillment site in Westlake Village to gain more experience in front- line underwriting. Show less

Master Of Business Administration (M.B.A.), Economics

Attended school while working full-time

Bachelor'S Degree