Noel C. Olson Email & Phone Number

Gilbert, Az, Us

Chandler, Az

As a mortgage professional with more than 15 years of experience, I am committed to doing everything I can to help brokers, correspondents and their borrowers achieve their goals and dreams. I’m so glad to be part of Parkside Lending because they shares this philosophy. I work diligently to help our accounts and their borrowers get the mortgage loan they want. While no two loans or borrowers are ever the same, at Parkside Lending, all are equally important. Parkside Lending is a national wholesale and correspondent lender that cares. We’re committed to making a positive difference for both clients and their borrowers. Our sensible approach to underwriting, innovative suite of mortgage products, and proprietary technology help loan officers and lenders close more loans. We employ seasoned professionals who bring respect, integrity, and commonsense underwriting to every transaction. Furthermore, because we don’t serve the retail channel, our clients can be confident that we will never compete for their customers. Learn more at www.ParksideLending.com. Come experience the power of caring at Parkside Lending!

* Conducted pre-funding quality control and underwriting loan reviews on conventional mortgage loans that are to be sold to Fannie Mae.* Presented findings in writing to operations and upper management.* Provided guidance and training to operations staff regarding underwriting policies and procedures.

Senior Underwriter* Conducted a variety of pre-funding, rebuttal, forensic, and post-purchase quality control and underwriting loan reviews on performing and non-performing loans (including conventional, jumbo, Fannie Mae, Freddie Mac, FHA, and VA).* Formally presented findings in writing to upper management and clients, including loan summary reports and exhibit packages supporting audit findings.* Worked with Product and Sales teams to solicit, manage, and close new underwriting and quality control opportunities.* Performed additional responsibilities including special projects such as research and development, time studies, writing policies and procedures, training, and mentoring underwriters.Auditor* Audited mortgage loan files to prepare them for delivery to various clients, including GSA’s and mortgage insurers.* Interpreted underwriting guidelines from various lenders while conducting thorough research of these loan files, including extensive research and analysis of employment, income, assets, credit, and appraised value, to determine whether the loans complied with the lender’s underwriting guidelines, or if there was evidence of misrepresentation.* Created an exhibit package of the research obtained from third party providers and communicated findings to clients.* Efficiently maintained a pipeline of loans in progress.

Tempe

* Performed complete quality control audit of closed mortgage loan files on which mortgage insurance claims have been filed, including extensive research and analysis of employment, income, assets, credit, and appraised value.* Conducted extensive interviews with borrowers, loan officers, employers, financial institutions, and appraisers.* Created an exhibit package of the research performed and communicated findings to mortgage insurance company and NIA management by compiling the research into comprehensive report documents, which are then utilized by the mortgage insurance company to deny or pay coverage.* As a mentor, trained new consultants to NIA guidelines and procedures and edited reports.* Consistently exceeded quality standards and met monthly goals while maintaining a pipeline of loans in progress.

* Performed re-underwrites, quality control reviews, and fraud investigation of closed mortgage loan files to monitor the overall quality of loan production and to assure that bank employees and third parties are in compliance with policies and procedures (including but not limited to FNBA, investor, HUD, VA, Freddie Mac, Freddie Mae, etc.). * Communicated findings to all levels of management detailing deficiencies, identifying trends, and recommending actions.* Assisted in the repurchase process of deficient loans.

Phoenix, Az

* Responsible for adhering to bank policy while making sound credit decisions on a variety of loan products including conventional, portfolio, and subprime loans (including jumbo and exception-based loans). Reviewed appraisals, income and asset documentation, as well as loan conditions.* Attained highest level of both lending and exception authority granted to an underwriter ($2.5 million).* Utilized Desktop Underwriter and bank scoring models on a daily basis.* As a team manager, primary responsibilities include mentoring and training new underwriters and providing second-level reviews and signatures of team members’ work.* Assisted sales partners with policy questions, calls and procedures.* Assisted with daily reporting of team activities.* Consistently exceeded daily and monthly underwriting goals.

Bachelor'S Degree, Economics And Management

High School