ALINE DIXON
Experienced Mortgage Professional
Pepperell,MA
Summary
Energetic, results-driven Mortgage Loan Underwiter committed to maintaining highest quality of mortgage lending excellence with more than 15 years of experience. Very familiar with reviewing complex income documentation, adeptly navigating Fannie/Freddie and investor-specific guidelines to create quality closed loans (forensic underwriting). Able to effectively communicate with team members, and believe strongly in personal accountability and team relationships.
Overview
19
19
years of professional experience
1
1
Certification
Work History
Mortgage Loan Underwriter/Credit Analyst
New Fed Mortgage Corp.
Danvers , MA
2019.05 - 2023.08
- Well-versed in Fannie/Freddie industry guidelines, with experience in Jumbo, investor specific, DPA and non-QM products. DE Certified.
- Condo review expert to Fannie/Freddie guidelines.
- Reviewed loan applications to determine borrower's creditworthiness and eligibility for mortgage loans.
- Evaluated credit reports, appraisals, title reports and other documentation related to the loan application.
- Updated status information in company LOS (Encompass) accurately so that all stakeholders have access to accurate data at all times.
- Attended regular meetings with management team members discussing current market conditions impacting mortgage transactions.
- Provided guidance and advice to loan officers regarding complex loan scenarios.
- Analyzed financial data including income, assets, debts and liabilities of borrowers. Attended continuing educational classes with MI companies for constant updates on calculating self-employment income.
- Communicated effectively with internal staff, customers and third parties throughout the entire underwriting process.
- Collaborated with other departments such as processing, closing and funding in order to ensure a smooth transaction process.
- Ensured all applicable laws were adhered to during the underwriting process.
- Reported any suspicious activity pertaining to fraudulent activities involving mortgage loans promptly.
- Resolved document mistakes and discrepancies and identified signs of fraudulent activity.
- Reviewed titles and appraisals to validate properties to meet insurer and guarantor guidelines, including Fannie Collateral Underwriter; obtaining desk reviews on SSR's over 2.5.
- Analyzed applicant assets and credit history to determine willingness and capacity to repay proposed mortgage obligation (AML included).
- Maintained compliance with company and regulatory policies.
- Determined loan eligibility and approved or rejected applications.
- Requested additional information for applications and documents when necessary.
Mortgage Loan Underwriter/Credit Analyst
Commonwealth Mortgage Corp
Woburn , MA
2011.08 - 2019.05
- Identified potential risks associated with particular loan products or applicants.
- Maintained up-to-date knowledge of industry trends and changes in government regulations affecting mortgages lending.
- Determined whether or not to approve or deny loan requests based on established underwriting guidelines.
- Developed relationships with external vendors such as appraisers and title companies to ensure timely delivery of required documents.
- Reviewed loan applications to determine borrower's creditworthiness and eligibility for mortgage loans.
- Evaluated credit reports, appraisals, title reports and other documentation related to the loan application.
- Updated status information in company LOS (Encompass) accurately so that all stakeholders have access to accurate data at all times.
- Provided guidance and advice to loan officers regarding complex loan scenarios.
- Analyzed financial data including income, assets, debts and liabilities of borrowers.
Mortgage Loan Underwriter /Credit Analyst
MetLife Home Loans
Bedford , NH
2005.02 - 2011.06
- Underwrite to Fannie/Freddie guidelines in fast-paced Wholesale Division of national mortgage company
- Established self as branch condo review expert based on Fannie/Freddie guidelines and would review peer loan files to ensure condo eligibility
- Respond to information requests from superiors, providing specific documentation
- Collaborate with team leaders on quality audits
Education
Business Management -
University of Massachusetts, Lowell
Skills
- Mathematical Calculation and Reasoning
- Decision Making
- Problem Anticipation and Resolution
- Focus and Follow-Through
- Credit Analysis
- Compliance Regulations
- Mortgage Lending
- Documentation Review
- Loan Underwriting
- Market Knowledge
- Income Verification
Affiliations
- Enjoy learning new things, and am currently taking Excel classes to expand my knowledge of that application.
- Enjoy reading, and am currently reading "My Dear Mr. Hamilton".
- Enjoy traveling, puzzles, spending time with family.
Accomplishments
- In addition to underwriting, I also have many years' experience with managerial duties, including Processing Manager, Underwriting Manager and Operations Manager.
Certification
- DE Designation obtained in 2012
Timeline
Mortgage Loan Underwriter/Credit Analyst
New Fed Mortgage Corp.
2019.05 - 2023.08
Mortgage Loan Underwriter/Credit Analyst
Commonwealth Mortgage Corp
2011.08 - 2019.05
Mortgage Loan Underwriter /Credit Analyst
MetLife Home Loans
2005.02 - 2011.06
Business Management -
University of Massachusetts, Lowell
- DE Designation obtained in 2012
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