| Description: |
•Reviewing, examining and underwriting loans to ensure soundness, business value and compliance with investor standards
•Applied FNMA, FHLMC lender guidelines to ensure loan complies with company standards. Submitted all DU & LP approvals.
•Applying specialized knowledge to the interpretation of loan and Underwriting criteria and the determination of Underwriting decisions and final courses-of-action
• Independently conducting full and comprehensive evaluations of a variety of complex, high-risk Mortgage-Loan applications
•Providing input on new and/or existing Underwriting processes, procedures and/or approaches
•Reviewed and analyzes credit reports, loan applications, income documentation, employment records and court documents such as bankruptcy and divorce decrees and verifies information as needed to determine borrower’s ability to meet requirements of loan.
•Analyzes mixed property appraisals to determine value of lender collateral, completes appraisal check list and orders review appraisals if required.
•Reviewed and signed off on underwriting conditions, made loan program changes and loan adjustments promptly. Issued approvals within lending authority. |
