Mortgage Underwriter-21

The following is an example of a qualified / professional Mortgage Underwriter-21 resume sample(s). These resume examples uses an integration resume layout. The Resume initiates with the applicants qualification profile, outlining key-qualifications for Mortgage job field.

Then, the candidate has an outline of their full work experience (employment history) in sequential order with employment dates on file.

Next is the Educational background, listed in descending order (most recent first). It then moves onto the Professional Background, highlighting skills separated into professional & personal skills.

And lastly, Certifications/Licenses that the candidate it involved with. Then a final part displays any other additional information that the candidate want it to be listed.

Resume Example for Mortgage Underwriter-21

Mortgage Underwriter – Cambridge Savings Bank

Winthrop, MA

Work Experience

Mortgage Underwriter

Cambridge Savings Bank

Cambridge, MA

May 2016 to Present

Evaluated first mortgage, Jumbo loans for portfolio and investor, HE and HELOC applications for lender portfolio, correspondent lenders and Fannie Mae. Utilized paperless LOS application, (currently Encompass) line of $650,000.00. Demographic included self-employed, salaried, wage earners, professional borrowers. Full collateral review, scoring, and addendum corrections and reconcilement requests. 1- 4 family including condominiums, principal residences, second homes, investment properties detached and attached, urban and suburban and condominiums. Delegated, with second signatures, to underwrite up to two million dollar limits, both manual and automated underwriting with loan committee or sr. management presentation. Actions included approval, denied, suspend or counter offer. Totally paperless setting.

Mortgage Underwriter

East Cambridge Savings Bank

Cambridge, MA

January 2014 to May 2016

Reviewed first mortgage and HELOC applications for portfolio and Agency and Correspondent lenders. Performed pre-funding QA reviews for delegated submissions. Analyzed complex hybrid commercial/residential type super jumbo loans up to 1.5million dollars. Reviewed and approved, suspended, counter offered or denied Conventional conforming loans and HELOCS. Prepared rental spread sheet REO analysis, Self-Employment cash flow analysis, and analyzed Personal and business returns. Kept abreast of FNMA guidelines, Correspondent overlays and regulatory rules and compliance requirements. Presented approval decisions to Senior Management to obtain required Executive signatures. Helped process files when required. Acted as a resource for assistance to other underwriters on more complex files, as well as fielding many unsolicited requests from loan originators to assist them in qualifying prospects. Requested to review new Agency forms for the analysis of various types of personal and business rental income. Served in group to help revise and update new underwriting policies. Helped raise level of knowledge and implementation of the LOS system for more effective productivity and automated reports for compliance requirements. Full Service Underwriter: Credit, Assets, Appraisal, Income for the full range of conventional, conforming, jumbo and super jumbo fixed rates, ARM’s, owner occupied, investment, wage earners, salaried, self-employed, multiple borrowers, multiple properties, multiple concurrent loans in pipeline. Regular use of AUS for LP and DU/DO. Familiar with affordable housing initiatives, state agency and partnership products, special purpose lending. 
 
Achievements: 
. Developed three customized Rental Analysis Excel spreadsheets to comply with Fannie Mae and bank guidelines for Forms 1037, 1038 and 1039 and 1003 easy adaptations of these forms.

Remote Underwriter II

LENDER LIVE

Glendale, CO

February 2013 to August 2013

Handled Contract Underwriting Services Division setting-up remote office with lender hardware, gathered daily assignments from PC work queue, underwrote new files and made approval decisions. Submitted denied loans for second review, notified clients of decision, and uploaded approval documents and loan comments regarding Underwriting review. Provided consistent and continuous client communication ensuring optimized loan processing. Reviewed income, asset, credit, appraisal, and Purchase Agreement, applied client overlays, maintained production log up-to date, and actively participated in daily conference calls and weekly divisional meetings. 
 
Achievements: 
• Enhanced team morale and improves cohesiveness by launching team naming contest facilitating sense of ownership for team members. 
• Boosted client confidence by obtaining Uniform State Content credential.

Conventional Mortgage Underwriter

PRIVATE UW CONTRACT SERVICE

Woburn, MA

September 2012 to October 2012

Woburn / Winthrop, MA 
September-October 2012 and MSA Mortgage, LLC,• 11/2012 – 1/2013 
Mortgage lender. 
 
Conventional Mortgage Underwriter 
Worked with conventional, jumbo and HARP loans for various correspondent investors and brokered loans including digitally reviewing for regulatory compliance, underwriting requirements and specific investor overlays. Analyzed file for possible fraud, inconsistencies, and qualification for program, and supported sales team formulating optimum applications for various scenarios. Maintained comprehensive knowledge base regarding unique requirements and conditions for MI and various investors, as well as, relevant changes in Agency guidelines and requirements. Liaised with all stakeholders ensuring stellar quality and service metrics.

Mortgage Underwriter-Office and Remote

POLI MORTGAGE

Norwood, MA

November 2011 to September 2012

Oversaw servicing of conventional, jumbo and HARP loans including digitally reviewing for regulatory compliance, underwriting requirements and specific investor overlays. Reviewed file identifying possible fraud, inconsistencies, and qualification for program. Maintained comprehensive knowledge base regarding unique requirements and conditions for MI and various investors, as well as, relevant changes in Agency guidelines and requirements. Liaised with all stakeholders ensuring stellar quality and service metrics. 
 
Achievements: 
• Enhanced productivity by qualifying for work at home status, eliminating environmental distractions.

Senior Mortgage Underwriter

METRO CREDIT UNION

Chelsea, MA

January 2010 to February 2011

Delivered leadership and guidance to production line underwriters, including performing all non-conforming and out-of-scope manual underwriting and serving as Quality Control resource for department pre and post-funding. Identified, addressed, and resolved complex issues referred by line underwriters and other staff members. Served as production line underwriter for Agency, Portfolio and Mass Housing originations with sign-off limits of $650k per file and $2M aggregate per borrower. 
 
Achievements: 
• Slashed Underwriter deficiencies 80% per audit team by conducting Quality Assurance and consulting reviews, as well as, delivering group training to four Underwriters.

Quality Assurance Contract Underwriter

SPILLANE CONSULTING ASSOCIATES

Braintree, MA

August 2008 to October 2009

Braintree, MA • 8/2008 – 10/2009 
Secondary mortgage services and sales provider to banks, credit unions, and mortgage bankers. 
 
Quality Assurance Contract Underwriter 
Underwrote and processed client conventional and niche mortgage products ensuring investor requirements were met. Employed extensive knowledge of Fannie, Freddie and Affordable Housing guidelines utilized in analysis and qualification of applications. Maintained full company and regulatory compliance, liaise with all partners driving efficient processing, review files for employment and income analysis, asset and credit review, and investigation of fraud flags, conduct comprehensive Quality Assurance audits mortgage lending and banking clients. 
 
Achievements: 
• Selected by client to deliver training to Home Affordable Modification Program (HAMP) in basic underwriting skills in addition to existing post-closing Quality Assurance responsibilities.

Senior Mortgage Underwriter

TAYLOR, BEAN, and WHITAKER MORTGAGE CORP

Orlando, FL

June 2006 to October 2007

Managed wholesale division overseeing research, underwriting, and processing for conventional mortgage applications for products including Alt A, SISA, SIVA, Interest only, and second mortgages. 
 
Taylor, Bean, and Whitaker 
Evaluated credit worthiness maintaining compliance with guidelines for numerous loan programs. Consistently average 6.5 loans per diem, drove effective clear communication with clients, sales staff, loan processors, managers, and closing department facilitating swift and accurate completion of loan application and closing processes. 
 
Achievements: 
• Garnered solid reputation as Top Performer.

Senior Mortgage Underwriter

WASHINGTON MUTUAL

Dedham, MA

July 2005 to May 2006

Manually underwrote conventional mortgage loans for retail division of northeast Loan Fulfillment Center managing multiple loans for individual borrowers, self-employed clients, Lot Loans, AUS, and Referred Loans. Performed secondary review functions identifying and resolving validated lending issues and evaluating appraisal referrals. 
 
Achievements: 
• Performance review led to increase in residential lending authority from $650K to $1,500MM, Aggregate $2,500,000; authorized for Exception Level A (fico, loan request, LTV, CLTV, ratios, and reserves). 
• Significantly impacted total dollar production, as well as, personal production, by increasing line of credit.

Senior Underwriter III

MIT LENDING/MORTGAGE IT

Needham, MA

July 2004 to July 2005

Supported all underwriting activities of wholesale division providing clients with product options, utilizing software and manual underwriting tools and methods preparing documentation for Interest Only, Option Arms, Jumbo and niche products, piggy back seconds / HELOCS, and stand-alone second lien products. 
 
Achievements: 
• Boosted loan funding by developing and implementing board and tracking system for stalled loans, as well as, coordinating with wholesale clients resolving deficiencies in coordination with UW Manager. 
 
CAREER NOTE: Additional experience includes role as Mortgage Contract Underwriter for Genworth / MI Underwriter, HEADWAY CORPORATION, and Mortgage and MI Underwriter, UNITED GUARANTY. 9 years Senior Mortgage Underwriter with First Trade Union Bank, Boston, MA. 
Details available upon request.

Education

Master of Arts in Education

Boston College

Chestnut Hill, MA

Skills

IMAGING (Less than 1 year), IMAGING SYSTEMS (Less than 1 year), MICROSOFT OFFICE (Less than 1 year), MS OFFICE (Less than 1 year)

Additional Information

TECHNICAL SKILLS 
Microsoft Office Suite • Calyx Point •PCLender•Encompass•Multiple UW/LOS Systems • Digital Imaging Systems