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Click here or scroll down to respond to this candidateCandidate's Name (Meenu)Street Address
Ph. PHONE NUMBER AVAILABLEEmail:EMAIL AVAILABLEOBJECTIVE:To obtain a challenging position in the company wheremy strong organizational, problem solving, excellent customer service skills & ability to deliver high volumes will be an asset for the company. Transferable Skills:Contract reviews; Applicant Tracking System (ATS), MS office suite; Customer Service; Critical Thinking; Multitasking; Ability to work under pressure; Deadline driven; FHA connection;Weblgy(VA loan guarantee portal);Active DE and SAR numbers; Government compliance documentation; excellent written and verbal communication.EXPERIENCE:December 2023 Current Blue Ridge Bank ( Maxwell Capital) Senior Underwriter Review, analyze & make final determination on loan submissions using manual Underwriting guidelines as well as validating agency recommendations. Underwrite special programs Communicate with internal and external parties to the loan Provide technical support for loan system as necessary Review and maintain guidelines and stay up to date with all requirements. Proactively address Underwriting deficiencies Help team members with overflow Assist in training and mentoring of new team members Maintain a healthy pipeline and meet SLA requirements Escalate fraud files to the Credit Manager/Risk Management team. October 2012 November 2023 Caliber Home Loans - Newrez Senior Underwriter Work with Fannie Mae Desktop Underwriter and Freddie Mac Loan Prospector Knowledge of VA, FHA, FNMA and FHLMC policies and guidelines Work with loans that require mortgage insurance (MI) FHA DE (CHUMS) and VA SAR loan underwriting Reviews/analyzes loan files submitted for borrowers to ensure the file meets loan program requirements. Includes individual analysis of: loan application, credit profile/report(s), debt and assets, Income/financial statements, loan values/loan-to-value ratios, appraisal reports, collateral and supporting documentation. Condition files for missing/supporting documentation. Revisit loans to review and clear conditions. Approve, counter or deny loan file. Escalate fraud files to the Credit Manager/Risk Management team. Respond within SLA to all loan specific audits/findings. March 2012 September 2012 EverBank Fairfax, VAUnderwriter Review all items and conditions provided by borrowers and ensure they meet the required guidelines. Ensure that Corporate operating standards are met for underwriting and compliance for FHA, VA and Conventional Loans. Ensure quality control standards are met to ensure saleability of loans to investors. Ensure that all Federal operating standards are metand upheld. Monitor property appraisal process to ensure value of property is accurately presented. Pre-underwrite loans through use of automated and traditional (manual) processes. Analyze the Nonconforming and more complex loans that are submitted to the company. Train and mentor more junior staff.November 2007 March 2012 Bank of America Fairfax, VA Underwriter Responsible for reviewing income, asset and collateral documentation in compliance with Bank of America guidelines. Review FHA, VA and conventional loans. Assessing loan attributes and documentation for soundness and accuracy, and synthesizing data to ascertain loan viability and identify risk issues and potential fraud. Documenting loan conditions and communicating requirements and/or decisions. Reviewing, inspecting and validating complex Loan Applications for completeness, accuracy and soundness. Underwriting files to automated Underwriting systemsaccept status loans following established loan parameters, rules and practices. Receiving and responding to calls regarding Bank of America products and programs. Clearing conditions and readying transactions for loan closing. Escalating any issues that impact CLUES and updating system-status as necessary. Ensuring that loans are processed in accordance with Bank of Americas policies and procedures.March 2006 June 2007 1stMariner Mortgage Fairfax, VA Underwriter Analyze income documentation, collateral valuation, and borrowers credit profile to determine & to adhere to loan program parameters. Evaluating debt ratio, loan-to-value ratios, credit score, property valuation and various other factors. Assisting in identifying, recommending and/or negotiating alternative loan requirements, funding and/or Loan-structuring solutions. Underwriting loans in compliance with internal and regulatory guidelines. Interact with brokers and account Executives to explain necessary documentation needed to ensure salability of loans in the secondary market. QC files to ensure loan quality for investors. Proficient in using numerous automated underwriting systems i.e. DU/ LP, Encompass. Provide outstanding customer service by promptly reviewing conditions and maintaining the 24-hour underwriting turnaround time.April 2004 March 2006 1stMariner Mortgage Fairfax, VA Mortgage Specialist Responsible for scheduling, coordinating and closing conventional, FHA & VA loans in compliance with Freddie Mac and Fannie Mae guidelines. Act as a liaison between Attorneys and the brokers to ensure proper channeling of loan closing process. Responsible for reviewing the legal & credit documentation for their accuracy. Responsible for accurate calculations of taxes & other escrow accounts. Organize & maintain a pipeline of over 200 files in a given month. Meeting & exceeding the standards set forth by the company by providing the best customer service while maintaining the confidentiality and accuracy of the documents. May 2003- March 2004 Washington Mutual Bank Fairfax, VA Mortgage Specialist Closed and funded loans for the top producing wholesale lender in the country funding about $2.1 billion, 12,000 units in a year. Communicate regularly with the account executive, broker, and attorneys to clear loan conditions and prepare for loan settlement. Generate closing docs, funding reports, and prepare loan files for the post-closing department. Review loan files for accuracy.EDUCATION:Punjab University Chandigarh, IndiaMasters of Philosophy in Sociology (2 Years Degree)Masters of Sociology (2 Years Degree)PROFICIENCIES INTERESTS AND LANGUAGES:Proficiencies:20+ years Mortgage industry experience Languages:Fluent in English, Hindi & Punjabi. Conversationalin Urdu REFERENCES:Availableupon request. |
