Alma Carranza

Detailed-oriented Mortgage Underwriter with 20 years’ experience responsible for ensuring consumer loan and real state loan applications are completed with all required documents submitted correctly and loan files are under investors' guidelines and industry standards. Accountable for the analysis of submitted files for Capacity, Capital, Collateral, and Conditions. Includes completing manual underwriting, ensuring that loan request meets program and product guidelines.

• Reviewed, underwrote and decisioned unusual and complex loan applications.

• Assessed real state contracts/docs. to verify accuracy, authenticity, and compliance.

• Maintained up-to-date knowledge and compliance with internal policies and procedures.

• Inspected Appraisal, Title report, HOI, HOA, Flood, and review Fraud Report for any red flags.

• Ensured loan meets both agency and government guidelines to determine feasibility of granting the loan

• Calculated applicable ratios (LTV, CLTV, DTI) to determine affordability, credit utilization and asset coverage.

• Experience with loan modification reviews assisting Litigation dept. with all loan modification plans available.

• Performed intricate review of all income types: including fixed, wage earner and self-employed income sources.

• Compiled, analyzed, and documented loan information, credit risk, borrower, and subject property information

• Second level review and provide feedback to teammates with no or not enough lending authority to decision files.

• Thorough knowledge of Fannie and Freddie for purchases, refinances, and Investment loan programs on 1 – 4 units

• Income analysis calculation on self-employed income: 1065, 1120S, 1120 forms with assets and layering risk evaluation.

• Top Sales award winner

• Consistently ranked in the top 5% based on quality and production.

• Shared Success for assisting Counsels/Judges on complicated files, managed in a timely matter.