Michelle Sancho Email & Phone Number

Emeryville, Ca

Specialize in reviewing complex NON-QM Manual Portfolio loans. Perform credit, collateral review and engage in dept analysis to find alternative opportunities to offer a counteroffer loan approvals as required, while mitigating risk for the Lender. • Proficient in Underwriting Alt Doc portfolio loans including business bank statement, asset depletion.• Review complex financial documents such as personal and business tax returns, business bank statements, Profit and Loss as well as Balance sheets, supporting the qualification of borrowers with challenging income sources.• Proficient in ITIN, Non-Permanent Resident Alien, Foreign Nationals and Non-Occupant co-borrower loans.• Experienced in evaluating the financial strengths, credit worthiness of borrowers as well as appraisal reports/collateral review.• Adhere to compliance guidelines and ensure that loans meets guidelines or acceptance by investors as well CFPB standards.• Communicate effectively with Loan Originators, Brokers, Processors and other Internal and external Partners. • Meet performance standards and goals established by the Lender and manage pipelines to ensure turn times were achieved.• Ensure procedures are accurately documented in compliance with policy, practices, and regulations.• Effectively work in fast-paced environments, while maintaining attention to details.

Atlanta Metropolitan Area

• Proficient in reviewing Jumbo/Non-QM/Conforming/ Construction to Permanent/ Builder loans.• Specialized in reviewing Manual Portfolio loans as well as Agency loans. • Underwrote Alt Doc portfolio loans including business bank statement, asset depletion, DSCR and complex business tax returns. • Experienced reviewing complex financial documents such as personal and business tax returns, business bank statements, Profit and Loss as well as Balance sheets, supporting the qualification of borrowers with challenging income sources.• Proficient in ITIN, Non-Permanent Resident Alien, Foreign Nationals and Non-Occupant co-borrower loans.• Proficient in conducting collateral reviews.• Evaluate the financial strengths and credit worthiness of borrowers.• Adhere to compliance guidelines and ensure that loans meet secondary guidelines or acceptance by investors as well CFPB standards.• Resource for Portfolio loan scenarios and guideline interpretation.• Communicate effectively with Loan Originators, Processors and other Internal and external Partners. • Met quality performance standards and goals established by the bank and manage pipelines to ensure turn times were achieved.• Review residential mortgage loans and ensure compliance with Secondary Markets, FHA, Fannie Mae and Freddie Mac Guidelines.

Atlanta Metropolitan Area

Re-verified loans for completeness and accuracy, analyzing credit documents, mortgage applications, credit history, income documents, appraisals, etc. for Fraud Reports. Review closed loans for eligibility with respect to the Client's Selling Guidelines and/or DU Guidelines.• Perform risk analysis and make decisions regarding deficiencies identified during the review process.• Maintain a sound knowledge of secondary market activity, practices, and business/industry practices as they impact underwriting quality and origination activity.• Meet Quantitative benchmarks and measures established for daily production requirements.• Evaluated subject property, financial strengths, and credit worthiness of borrowers.• Utilize third party tools to determine the authenticity of documentation and determine any potential fraudulent findings.• Accurately record data and review conclusions in QAS (Quality Assurance System).• Review Portfolio, Jumbo and Conforming loans.

Atlanta Metropolitan Area

• Specialized in reviewing Manual Portfolio loans as well as Agency loans.• Specialize in underwriting and processing Subprime and Option Arms loans along with DU/LP and ALTA A loans Specialize in 1-4 family residential loans, also Mixed-use properties, Condos and Coops.• Evaluated subject property, financial strengths, and credit worthiness of borrowers.• Act as liaison between brokers and senior management.• Reviewed residential mortgage loans and ensure compliance with Secondary Markets, Fannie Mae and Freddie Mac Guidelines.• Met Quantitative benchmarks and measures established for daily production requirements.