Amanda Somerville
Summary
Meticulous underwriting professional with expertise in loan evaluation and decision making. Highly organized with the ability to handle multiple tasks at once in a fast-paced working environment with a high degree of accuracy and quick turnaround times. Proficient in reviewing extensive applications and supporting documentation. Passionate self-starter with excellent time management skills, working to achieve personal, team, and company goals.
Overview
11
11
years of professional experience
1
1
Certification
Work History
Consumer Underwriter
TD Bank NA
04.2023 - Current
- Reviewing financial statements, credit histories, income reports and other information to make accurate loan decisions
- Developing and maintaining courteous and effective working relationships in a fast paced environment while working in a team setting with tight deadlines providing support and guidance while ensuring compliance and mitigating risk
- Determining ratio, trend and cash flows analysis on a case by case basis
Senior Government Mortgage Underwriter
Cross Country Mortgage
10.2021 - 01.2023
- Evaluated mortgage loan applications to determine creditworthiness, assess risk and establish loan conditions.
- Utilized and interpreted data by reviewing all loan documents, including (but not limited to) credit report, income (rental, self employment-sch C, sch G, 1065 and 1120), assets, full appraisal review including SUA, title, and fraud tools to determine borrower ability to repay debt, in accordance with AUS systems and investor guidelines: FNMA, FHLMC, FHA, USDA, manual, state, QM/non-QM, and bond specific requirements
- Accurately completed system data entry to ensure salable loans while performing risk assessment of credit and collateral to make certain of credit quality
- Consistently exceeded production goals-underwriting 6-8+ new loans a day and reviewing resubmitted files within 24hr turn-time; while maintaining loan quality with no material or moderate findings
- Coached, mentored and trained junior underwriters.
Senior Government Mortgage Underwriter
Plains Commerce Bank
07.2020 - 10.2021
- Maintained expert knowledge of available loan products, underwriting processes, programs and investor guidelines; state and federal rules and regulations
- Reviewed, analyzed and evaluated required loan documentation to determine creditworthiness, assessing risk and establishing loan conditions while supporting compliance with underwriting guidelines
- Product types underwritten: Fannie & Freddie conventional up to high balance county limits, FHA to HUD county limits, FHA streamline and manual (credit and non-credit qualifying), USDA, QM & Non QM, New Construction, Bridge loans, Bond and DPA
- Provided secondary review of suspended files and files recommended for decline and coached and mentored underwriters
Senior Government Mortgage Underwriter
United Wholesale Mortgage
01.2019 - 06.2020
- Responsible for maintaining comprehensive knowledge of underwriting guidelines to underwrite conventional and government mortgages ensuring that all product-specific, investor and company guidelines were met through review, analysis and validation of credit, income, assets, collateral and title, etc
- Independently calculated income, including rental and self employment with a clear understanding of self-employed business structures with expert knowledge of tax returns, including balance sheet analysis to determine business liquidity and acceptability
- Trained and mentored to ensure loan quality standards were being met-evaluated the performance of less experienced underwriters to improve work quality by implementing improvement plans
Conventional Mortgage Team Lead
Urban Fulfillment Services
12.2013 - 11.2018
- Responsible for underwriting (issuing approvals, denials and suspending when necessary) refinance and purchase mortgages for a Large, FDIC insured mortgage bank; Fannie Mae and Freddie Mac
- Ensured my team (of 7 underwriters) met underwriting and QC/QA requirements to ensure file completion, accuracy and commitment dates were met as agreed
- Provided exemplary customer service by effectively communicating (oral and written) and cooperating with all internal/external customers
- Maintained a strong working knowledge of residential loan documentation policies and standard industry guidelines.
Mortgage Closer
Flagstar Bank
01.2013 - 09.2013
- Ensured all closing documentation was correct and signed accurately in closing documentation, third party orders, closing packages and loan files
- Prepared and approved HUD Settlement Statements and verified wiring instructions were correct before ordering wires
- Stayed up to date with mortgage industry regulations from origination to post-closing; as well as maintaining thorough understanding of Conventional, FHA, USDA, and VA loan products
- Assisted with settlement agent approval
Education
Bachelor of Science - Accounting And Finance
Oakland University
Rochester, MI09.2025
Skills
- Advanced knowledge of Real Estate
- FHA DE Underwriter, Rural Development
- Risk & Compliance
- Advanced research, analytical, and problem solving
- Advanced organizational, planning and time management
- Credit Risk Assessment and Income analysis
- Appraisal Review
- Advanced communication and Customer service
- Microsoft Office Suite-Excel, Access, PowerPoint, Project, Word
- Encompass
Certification
DE CHUMS ID, active
Timeline
Consumer Underwriter
TD Bank NA
04.2023 - Current
Senior Government Mortgage Underwriter
Cross Country Mortgage
10.2021 - 01.2023
Senior Government Mortgage Underwriter
Plains Commerce Bank
07.2020 - 10.2021
Senior Government Mortgage Underwriter
United Wholesale Mortgage
01.2019 - 06.2020
Conventional Mortgage Team Lead
Urban Fulfillment Services
12.2013 - 11.2018
Mortgage Closer
Flagstar Bank
01.2013 - 09.2013
Bachelor of Science - Accounting And Finance
Oakland University