Stacey Preston Email & Phone Number

St Louis, Missouri, United States

Greater St. Louis Area

• Process, review and analyze loan applications for compliance and underwriting guidelines for FNMA, FHLMC, FHA, VA, USDA and US Bank portfolio loans. • Prepare credit packages for submission to underwriting and ensure they meet program specific guidelines for requirements for comprehensive loan submission. • Run automated underwriting systems (DU/LPA) to determine upfront eligibility and determine if loan is eligible for Day1 Certainty (DU/reduced documentation) • Ensure documentation for credit packages are complete and accurate.• Communicate with borrowers and loan officers to keep all informed of the loan status, progress and required documentation using traditional phone calls, email and loan portal. Establish borrowers’ preferred method of communication.• Coordinate with title companies for title orders, issues and closing dates and times. Order appraisals, homeowners and flood insurance, as needed• Prepare approved loan files to closing, submit to loan closing department and instruct borrowers on the process of completing an “e-close”/Hybrid closing, including discussing the early closing disclosure.

Greater St. Louis Area

• Facilitate and manage down payment assistance program through St. Louis County for St. Louis, St. Charles and Jefferson Counties• Underwrite second mortgage DPA loans• Underwrite, close and service Wells Fargo Lift Loans for St. Louis and Kansas City• Manage closing team and second mortgage loan programs• Service 1st and 2nd mortgage portfolio loans• Co-chair of Beyond Housing's Employee Panel & founding member of Beyond Housing's Inclusion Work Group• Work with Habitat For Humanity St. Charles County to assist with additional down payment and closing cost funds

Greater St. Louis Area

• Responsible for repairing and closing all downpayment assisting loans for DPA Program• Schedule loan closings, review and approve HUDs, wire funds, attend and close DPA loan files• Review package and deliver post-closing files to St. Louis County for reimbursement • Create and maintain loan servicing files, send monthly mortgage statements • Complete monthly and annual loan servicing reports

Greater St. Louis Area

• Processed new loan applications for compliance and underwriting guidelines • Reviewed investor guidelines for investor specific requirements for comprehensive loan submission• Ran automated underwriting systems to determine upfront eligibility • Provided daily status updates to loan officers • Communicated with title companies for title orders, issues, and coordination of closing dates and times• Reviewed loan origination documentation for continued compliance throughout the application process • Prepared approved loan files for loan closer and provided appropriate documentation to the title company for closing

Greater St. Louis Area

• Process new loan applications for compliance and underwriting guidelines • Request additional required documentation, ran automated underwriting systems• Submit loan files to in-house underwriting team • Complete FHA test cases provided by the Underwriting Manager • Receive raise and promotion to Level 2 Processor with condition/stipulation sign off authority • Became licensed processor for the state of Kentucky

Greater St. Louis Area

• Process requests for title insurance from lenders and real estate agents• Work inside a Prudential Advantage real estate office and had daily contact with real estate agents • Perform refinance closings and back up purchase closer• Built professional relationships with real estate agents, assisted them with orders, clearing title issues, ordering and reviewing surveys and scheduling closings

Bachelor Of Science - Bs, Finance, General

Business/Commerce, General