Patrick Figiel Email & Phone Number

Michigan, United States

As a Portfolio Monitoring Assistant, I was responsible for overseeing and supporting various aspects of monitoring customer accounts within the Business Banking Portfolio. My key duties included reviewing and analyzing business and individuals' financial documents, calculating financial covenants and borrowing base ensuring compliance, updating interim and annual financial spreads for underwriting and manager review, and creating and maintaining borrower files within a tracking system. Additionally, the role involved collaborating with internal departments to review borrower financial positions and communicating on possible actions to be taken.

As a Mortgage Loan Processor, I was responsible for obtaining and verifying various borrower documents and ordering necessary reports to facilitate the closing of the mortgage. I worked closely with Loan Officers and Underwriters meeting all deadlines. The role involved handling the processing of Home Equity Line of Credit (HELOC) and closed-end second mortgages from initiation to closure. Key tasks include ordering flood reports, appraisals, title, and Verification of Employment (VOE). I also ensured compliance with federal guidelines by processing withdrawals, denials, and Notices of Incomplete (NOI).

Greater Grand Rapids, Michigan Area

As a Settlement Professional, I took charge of preparing and closing Real Estate transactions in alignment with the requirements of mortgage companies and the State of Michigan. My responsibilities included notarizing state and lender-required documents, ensuring transactions are recorded correctly, scheduling closings, wiring proceeds and funds to all involved parties, and verifying all payoffs involved with mortgages. I reviewed closing documents for accuracy, explained each document to clients during closings, and occasionally drafted Limited Power of Attorney.

Greater Chicago Area

In my role as Post-Closing Specialist, I conducted a thorough review of mortgage documents, correcting loan documents, and ensured compliance with investors. Additionally, I analyzed trends within pipelines and reported findings to upper management and helped create corrective policies and procedures. My expertise included specialized knowledge in FNMA and FHLMC loan submissions. I successfully managed large post-closing pipelines, clearing investor-required conditions and performing meticulous data-entry tasks. The position demanded a keen understanding of federal loan regulations, attention to detail, and effective management of post-closing processes.