Scott Wade Email & Phone Number

• Underwriting VA, FHA, Conventional, and Jumbo loans according to published internal and investor guidelines.• Evaluate borrower’s complete credit, income, asset, and property valuation to determine eligibility and compliance with required guidelines.• Analyze self-employment and personnel tax returns to determine income eligibility.• Underwrite complex loans such as multi packs, multiple businesses, and multiple properties; with precision and maintain integrity.• Work with… Show more • Underwriting VA, FHA, Conventional, and Jumbo loans according to published internal and investor guidelines.• Evaluate borrower’s complete credit, income, asset, and property valuation to determine eligibility and compliance with required guidelines.• Analyze self-employment and personnel tax returns to determine income eligibility.• Underwrite complex loans such as multi packs, multiple businesses, and multiple properties; with precision and maintain integrity.• Work with Processors, Junior Underwriters, Loan Officers, and Branch Managers to ensure quality and insurability.• Maintained 24 hour turn time as well as one of highest producing underwriters on the team.• Coach processing and branches on underwriting guides and document review to assist in better quality and turn times. Show less

Underwrite Non-QM loans with multiple Investors. Review and answer scenarios regrading non-QM loans. Communicate with loan officers for decisions and conditions

Santa Ana, Ca

• Underwriting FHA and Conventional loans according to published guidelines.• Evaluate borrowers complete credit, income, asset, and property valuation to determine eligibility and compliance with required guidelines.• Analyze self-employment and personnel tax returns to determine income eligibility.• Work with business partners on loans to ensure salability and cure any deficiencies• Review appraisals to verify that subject value and comparable values are accurate and conform… Show more • Underwriting FHA and Conventional loans according to published guidelines.• Evaluate borrowers complete credit, income, asset, and property valuation to determine eligibility and compliance with required guidelines.• Analyze self-employment and personnel tax returns to determine income eligibility.• Work with business partners on loans to ensure salability and cure any deficiencies• Review appraisals to verify that subject value and comparable values are accurate and conform to investor requirements Show less

Remote

Work with underwriters to improve turn times as well as quality of loans.Answer scenarios for Account Executives and UnderwritersHandle escalations from Account Executives and BrokersManage pipeline to keep the loans within a 24 hour turn timeCoach underwriters on how to improve with time management, guideline knowledge, product training, etc

Remote- Fairfax Va Office

• Underwriting FHA, Conventional, and Non-Agency Jumbo loans according to published guidelines and Caliber overlays.• Evaluate borrowers complete credit, income, asset, and property valuation to determine eligibility and compliance with required guidelines• Analyze self-employment and personnel tax returns to determine income eligibility.• Mentor new employees on Caliber processes and systems• Second Level Review of underwriter’s test files to ensure they comply with Caliber and… Show more • Underwriting FHA, Conventional, and Non-Agency Jumbo loans according to published guidelines and Caliber overlays.• Evaluate borrowers complete credit, income, asset, and property valuation to determine eligibility and compliance with required guidelines• Analyze self-employment and personnel tax returns to determine income eligibility.• Mentor new employees on Caliber processes and systems• Second Level Review of underwriter’s test files to ensure they comply with Caliber and loan type guidelines and coach underwriter on conditions as well as requirements• Work with business partners on loans to ensure salability and cure any deficiencies• Review appraisals to verify that subject value and comparable values are accurate and conform to investor requirements Show less

Cherry Hill, Nj

• Underwriting FHA and Conventional loans according to guidelines and investor requirements.• Evaluate borrowers complete credit, income, asset, and property valuation to determine eligibility and compliance with required guidelines.• Post-Closing: clear all corresponding investor suspense conditions to facilitate a quick purchase of the loan.• Work with management to train underwriters regarding post-closing resolutions• Work with management to create streamlined procedures for… Show more • Underwriting FHA and Conventional loans according to guidelines and investor requirements.• Evaluate borrowers complete credit, income, asset, and property valuation to determine eligibility and compliance with required guidelines.• Post-Closing: clear all corresponding investor suspense conditions to facilitate a quick purchase of the loan.• Work with management to train underwriters regarding post-closing resolutions• Work with management to create streamlined procedures for multiple branches. Show less

Pine Hill, Nj

• Team Leadership: Working with underwriting to maintain superior compliance regulations• Customer Relationship Management: Working with branch managers in closing loans in their individual pipelines• Team Leadership: Managing processors to close record breaking volume for Precision Funding each month• Financial Management: Implemented spreadsheets to track closed loans and monitor processor’s closing ratios• Human Resources Management: Training new staff on different programs… Show more • Team Leadership: Working with underwriting to maintain superior compliance regulations• Customer Relationship Management: Working with branch managers in closing loans in their individual pipelines• Team Leadership: Managing processors to close record breaking volume for Precision Funding each month• Financial Management: Implemented spreadsheets to track closed loans and monitor processor’s closing ratios• Human Resources Management: Training new staff on different programs used to approve loans• Operations Management: Created an innovative training manual on how to use an FHA website and loan operating system.• Account Management: The only underwriter to prepare an FHA loan clear to close on an initial submission as well as close an FHA loan in one day• Asset Management: Implementing procedures daily to save Precision Funding costs while still providing quality service. Show less

Haddon Heights, Nj

• Spearheaded growth of company by maintaining quick turn times on conditions during ever changing guidelines.• Cultivated partnerships between lenders, loan officers, and borrowers.• Banking Management: Started with company at the beginning and help to build and maintain a multi-million dollar pipeline• Account Management: Closed more volume than any other processor while managing the daily operations of the processing department.• Analysis: Tracked loans monthly unit and… Show more • Spearheaded growth of company by maintaining quick turn times on conditions during ever changing guidelines.• Cultivated partnerships between lenders, loan officers, and borrowers.• Banking Management: Started with company at the beginning and help to build and maintain a multi-million dollar pipeline• Account Management: Closed more volume than any other processor while managing the daily operations of the processing department.• Analysis: Tracked loans monthly unit and dollar volume closed and produced reports on which lenders and loan officers were the most active for the year.• Analysis: Created a procedure to correctly and accurately identify application and documentation issues.• Created a user friendly income calculator that has been implemented by the underwriters of our lenders as well as loan officers• Organizational Development: Trained new processors in documentation, compliance, and file review Show less