Michelle Foster Email & Phone Number

Mesa, Az, Us

Mesa, Az, Us

Phoenix, Arizona, Us

Scottsdale, Az, Us

Closing SFR and Portfolio transactions; determined closing requirements, ensured requirements were met, and reviewed and approved supporting documentation and reports. Reviewed and analyzed legal documents, including HUD-1 statements and title work, and third party reports as part of the due-diligence process, mitigating risk for the company. Managed all aspects of closings, including adhering to contract parameters, property analysis and acquisition disbursements. Initiated contract terminations when property was outside of acceptable parameters, to ensure protection of Earnest Money  Followed up on Post closing documentation and close out of properties on proprietary systemsKey Accomplishments Instrumental in helping company grow their portfolio of homes from 3500 to over 8000 in a little over a year. Managed the largest territory for property purchases - Texas

Houston, Tx, Us

Prepared comprehensive market analyses that evaluated the viability of residential markets and area builders Maintained and reconciled SharePoint with loan systems to ensure completeness and accuracy; ran all queries. Prepared weekly, monthly, quarterly, and yearly departmental production reports.  Identified weaknesses in policies and procedures and made appropriate recommendations. Researched market and builder volumes for appropriate markets. Reconciled payments on problem loans and cleared financial exceptions.Key Accomplishments Increased accuracy of SharePoint reports to 98%. Developed new procedures for all reports.

Closed commercial real estate transactions of up to $150,000,000 a year; determined closing requirements, negotiated loan and closing documents, and reviewed and approved supporting documentation and reports. Reviewed and analyzed legal documents, including HUD-1 statements and clearing titles, and third party reports as part of the due-diligence process, mitigating risk to the company. Analyzed and updated loan documents and procedures using Six Sigma methodology to streamline processes and increase efficiency and profits. Managed all aspects of construction loan closings, including property analysis, construction disbursements. Prepared and presented training materials; developed department spreadsheets, forms, and checklists.Key Accomplishments Consistently met or exceeded company objectives and department production goals.  Achieved accuracy defects of 1.3%, well below company goal of 5%.

Researched, documented, and closed loans for equipment and hotel, restaurant, and retail franchises. Prepared and negotiated equipment loan documents; secured equipment with Uniform Commercial Code filings.  Ordered, reviewed and analyzed legal documents and third-party reports as part of the due diligence process. Processing construction advances, gathered materials, reconciled invoices and lien waivers and signed off on advances Trained and mentored closers; reviewed and approved closings and fundings for other closers.Key Accomplishments Ranked No. 1 producing closer, maintaining a portfolio of up to 100 commercial loans. Received numerous quarterly acknowledgements and rewards for customer satisfaction

Assisted with establishing the residential construction lending department at West One BankManaged all facets of closing/funding for high volume builders dealing with collateral poolsEnsured loans were processed in compliance with policies, procedures, laws, regulations and credit requirementsReviewed monthly inspection reports and processed monthly progress draw requestsHandled partial releases/payoffs when houses were removed from collateral poolsFostered strong customer relations with internal and external customers and across department lines

Associate'S Degree, Accounting/Business

Education record

Accounting