Amanda Penny
Charlotte,USA
Summary
Mortgage Banking experience in excess of 20 years in Underwriting, Processing and Loan Originating. Comprehensive knowledge of underwriting guidelines for Conventional and Government- Insured loan programs for both Conforming and Non- Conforming Mortgages. Diligent and detail oriented. Ability to work independently and in a team environment. Excellent organization skills and detail-oriented aptitude. Strong financial analysis, credit skills and collateral review. Demonstrated excellent follow through with borrowers, loan processors, loan officers and Management throughout all phrases of the underwriting process. Ability to elicit, interpret, analyze and evaluate given inside and outside of the organization. Balanced the need for loan- volume growth with the equally important necessity of optimum underwriting quality to minimize risk while maximizing profitability. Honest and ethical. Proficient with ALL REGS and knowledge with the following systems, Encompass, OutLook, Word, Excel and powerPoint.
Overview
20
20
years of professional experience
1
1
Certification
Work History
Lead Underwriter
Navy Federal Credit Union
REMOTE
08.2023 - Current
- Evaluated mortgage loan applications for compliance with established guidelines, ensuring accuracy and risk mitigation.
- Validated loan documentation to maintain integrity and proactively eliminate potential risks.
- Ensured full compliance with documentation and disclosure standards across multiple regulatory frameworks.
- Conducted detailed file reviews to identify compliance issues and collaborated with processing teams on discrepancies.
- Assessed appraisal reports to confirm accuracy, validate fair market value, and support sound lending decisions.
- Mentored peers and trained new hires in underwriting processes, fostering team development and expertise.
- Reviewed Fee Appraisers' work for accuracy and quality prior to issuing LNOVs.
- Obtained full authority for all program loan types, including VA, Denial, Homebuyers Choice, Military Choice, and Conventional loans.
DE /VA-SARR Underwriter
American Finance Network
Manalapan, NJ
01.2020 - 09.2022
- Analyzed various loan types, including conventional, FHA, VA, USDA, and manual underwrites for self-employed borrowers.
- Verified credit reports, employment histories, income sources, title reports, and asset documentation.
- Evaluated financial information such as income, assets, liabilities, and credit histories of applicants.
- Ensured compliance with internal and external eligibility requirements for loan applications.
DE/VA Underwriter
Keller Mortgage
Charlotte, NC
09.2019 - 12.2019
- Analyzed various loan types, including conventional, FHA, USDA, manufactured housing, and High Balance loans.
- Verified credit reports, employment histories, incomes, appraisals, title reports, and asset documentation.
- Ensured data integrity with Automated Underwriting Systems for Desktop Underwriter and Loan Prospector.
Underwriter
Primary Residential Mortgage
Salt Lake City, UT
06.2013 - 09.2019
- Analyzing all types of loans including conforming, non-conforming, FHA, USDA, Manufactured Housing, FHA/Conventional loans, High Balance and WA Bond Housing loans.
- Ability to carry out requisite loan calculations (DTI, LTV, etc).
- Strong written and verbal communication.
- Verify and review: credit report, employment history, income, appraisals, title reports and all asset documentation.
- Evaluate appraisals.
- Maintain data integrity in AUS for DU and LP.
- Leveraged knowledge of loan products to help restructure turned-down loans for subsequent approvals while maintaining compliance requirements.
- Gained extensive experience in underwriting Fannie Mae, Freddie Mac, FHA and USDA loans.
- Collaborated with loan officers to clarify documentation and underwriting requirements.
- Mentored junior underwriters on best practices and underwriting procedures.
- Verified accuracy of documentation such as income statements, tax returns, bank statements and other related documents.
Senior Loan Processor
Summit Mortgage
Harrisonburg, VA
09.2011 - 06.2013
- Examined and verified information in loan applications and closing documents.
- Checked applicant credit, personal references, and employment histories.
- Collaborated with underwriters to resolve issues and expedite approvals.
- Worked with third-party vendors to address and clear loan closing requirements.
- Submitted completed loan applications with recommendations for underwriting approval or denial.
- Assisted team members in understanding loan processing procedures and policies.
- Submitted applications for mortgage insurance for non-delegated lenders.
Loan Processor
Primary Residential Mortgage
Salt Lake City, UT
12.2010 - 09.2011
- Diligent and detail-oriented- thorough in gathering borrower information, verifying loan documents and reviewing file documentation to guide each loan from preapproval to closing.
- Provide support to loan officer and underwriter teams by ensuring the timely, judicious and accurate processing of mortgages.
- Review and verify borrower's income, credit reports, employment histories, property appraisals and preliminary title report information in order to prepare loan applications for underwriting submittal.
- Ensure compliance with company policies, underwriting guidelines and lending-program requirements.
- Communicate clearly and effectively with multiple people, multi-task, work in a team environment and manage an assigned pipeline in order to meet closing expectations.
- Prioritize and monitor daily workflow in order to ensure all loans are being worked on in accordance with Company's timeline expectations.
Loan Officer/Branch Manager
Primary Residential Mortgage
Harrisonburg, VA
06.2005 - 12.2010
- Work with clients to identify their homeownership needs and find ways of reaching their goals.
- Analyze applications credit worthiness and meet with potential borrowers to obtain loan application information and answer questions.
- Explain to potential borrowers the different types of loans and credit options that are available, as well as the terms of those services.
- Work with loan processor to obtain necessary documentation for underwriting submittal.
- Ensure company production guidelines were met.
- Built relationships with real estate agents to facilitate smoother transactions.
- Performed daily maintenance of loan applicant database.
- Managed pipeline for originated loans through closing and complete required management reports.
Education
Bachelor of Arts - Business Finance
Sydney University
Sydney, AustraliaSkills
- Underwriting
- Processing
- Loan Originating
- Financial Analysis
- Credit Skills
- Data Integrity
- Problem solving
- Training and mentoring
- Effective communication
- Appraisal analysis
- Team collaboration
Certification
- VA LAPP
- VA SAR
- FHA CERTIFIED
- USA CERTIFIED
Timeline
Lead Underwriter
Navy Federal Credit Union
08.2023 - Current
DE /VA-SARR Underwriter
American Finance Network
01.2020 - 09.2022
DE/VA Underwriter
Keller Mortgage
09.2019 - 12.2019
Underwriter
Primary Residential Mortgage
06.2013 - 09.2019
Senior Loan Processor
Summit Mortgage
09.2011 - 06.2013
Loan Processor
Primary Residential Mortgage
12.2010 - 09.2011
Loan Officer/Branch Manager
Primary Residential Mortgage
06.2005 - 12.2010
Bachelor of Arts - Business Finance
Sydney University
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