Ashanta Coleman
Fairburn,GA
Summary
Manages high-volume loan paperwork in dynamic environments with high production, approval and customer relations targets. Expertise includes reviewing and validating personal, employment, and financial histories for each applicant. Self-motivated and reliable with excellent teamwork, problem-solving and organizational skills.
Overview
19
19
years of professional experience
Work History
Senior Funder
New American Funding
08.2019 - 01.2024
- Draw Closing documents and engage escrow/title for closing coordination
- Review all loan documents for correct signatures, notary information, title reports, escrow instructions, etc
- And to maintain compliance with federal state (wet and dry) and agency guidelines
- Ensure underwriters have signed off on the file prior to sending documents and prior to finalizing/funding loans
- Prepare final loan documents for closing
- Audit initial application, disclosures and HMDA information for accuracy and completeness
- Input funding information into the Encompass loan system
- Review and balance Closing Disclosure settlement statements and update fees in system
- Prepare funding packages for warehouse lenders
- Set up and order wires for closing agent/title with funding department.
Closing Specialist
Wells Fargo Home Mortgage
12.2004 - 08.2019
- Relocation Department with Direct Billing
- Ability to generate and review my closing pipeline and daily reports
- Point of contact for customers, sales, processors, relocation consultant, title companies, Attorneys, and real-estate agents during the loan process
- Review files that come into closing
- Obtain Verification of Employment
- Ability to review and explain Homeowners and Flood insurance to customers
- Review and balance Closing Disclosure and update fees within CORE
- Review faxed document for proper execution
- Review documentation required to clear closing conditions
- Send Closing Disclosure to borrower within TRID guidelines
- Review and answer questions around the Closing Disclosure with the borrower
- Fund loans off of the CORE system
- Closing and Funding FHA, VA and Conventional loans
- Viewing titles, appraisals and hazard insurance
- Proficient in CORE and LIS Systems.
Loan Servicing Specialist
Wells Fargo Home Mortgage
- Foreclosure Bid Quality Control
- Quality Control loan figures to ensure accurate minimal bidding at sale for foreclosure homes
- To sell necessary recalculate principle, interest, late fees, escrow and corporate advances
- Provide foreclosure bids to Attorney’s and/or Trustees in a timely manner
- Provide verbal and written communication to Attorneys and/or Trustees
- Process and approve payment of Attorney/Trustee invoices received for services provided while client is in the process of foreclosure and/or bankruptcy proceedings
- Core II process and submit payoff and reinstatement quotes and assess fees as needed.
Home Mortgage Consultant
Wells Fargo Home Mortgage
- Produced high quality and accurate application, 1008
- GFE and TIL for borrowers
- Obtained credit information, authorization and disclosure documents
- Determined specific products and programs to meet prospective borrowers’ needs
- Reviewed and secured loan approvals and satisfied any conditions for closing
- Developed and maintained strong customer/vendor relations for quality service
- Provided follow-up to ensure attention to all customers’ needs and customer retention.
Education
BA - Business Management
Metropolitan State University
Real Estate License/Courses I, II and III -
Pro Source Professional Schools
AA - Business Management
Globe College of Business
05.1996
Skills
- Quality control measures
- Regulatory Compliance Knowledge
- Decision Making Aptitude
- Strong analytical skills
- Construction Loan Financing
- Financial Analysis Competence
- Loan modification knowledge
- Credit Analysis Understanding
- Fraud Detection Skills
- Payment Processing Familiarity
References Available
True
Timeline
Senior Funder
New American Funding
08.2019 - 01.2024
Closing Specialist
Wells Fargo Home Mortgage
12.2004 - 08.2019
Loan Servicing Specialist
Wells Fargo Home Mortgage
Home Mortgage Consultant
Wells Fargo Home Mortgage
BA - Business Management
Metropolitan State University
Real Estate License/Courses I, II and III -
Pro Source Professional Schools
AA - Business Management
Globe College of Business