Bethany Koenig
China,MI
Summary
Qualified underwriter with over 32 years of experience in the mortgage industry. Excellent reputation for resolving problems, improving customer satisfaction, and driving overall operational improvements.
Overview
17
17
years of professional experience
Work History
Remote Mortgage Underwriter
UNMB Home Loans Inc.
04.2021 - 05.2024
- Performed thorough analysis of applicant's income and expense data, asset documentation, credit reports and property valuations to affirm borrower qualified for loan
- Calculated qualifying ratios, determined credit-worthiness and provided risk opinions
- Maintained current level of knowledge on all requirements by consistently researching and reviewing applicable guidelines, program updates, credit overlays and changes
- Conducted timely review and clearing of conditions on files returned for review
- Worked with management to assist with any post-closing/audit issues
Remote Mortgage Underwriter
Amerisave Mortgage
11.2020 - 03.2021
- Identified possible fraud risks through meticulous evaluation of application materials, protecting both lenders and homebuyers from potential losses
- Achieved high levels of accuracy in data entry and analysis, ensuring streamlined processes throughout mortgage underwriting lifecycle
Mortgage Underwriter/Post-Closing Coordinator
Homesite Mortgage
02.2020 - 10.2020
- Hired as Post-Closing Coordinator and became Underwriter 07/2020.
- Reduced processing time for mortgage applications through diligent management of underwriting tasks
- Reviewed signed settlement documents for accuracy, completeness and compliance with closing instructions
- Collaborated with internal departments to expedite loan funding process, resulting in faster turnaround times for clients
- Scanned all trailing documents into LOS and forwarded them on to investors in a timely manner
Mortgage Underwriter/Senior Loan Processor
First State Bank
10.2012 - 02.2020
- Ensured files met specific secondary and investor product guidelines and parameters including complex loan programs
- Analyzed and calculated all self-employed income
- Reviewed appraisal and requested changes as needed
- Coached/counseled loan originators in interpretation and application of underwriting guidelines and provided guidance and recommendations
- Responsible for ensuring final loan information is accurate in loan origination system prior to file being submitted for loan closing, including but not limited to loan amounts, appraised value, interest rate, income, assets, and monthly payments
Loan Processor
John Adams Mortgage Co
09.2010 - 10.2012
- Reviewed loan files for completeness, identified missing documentation and generated condition lists for applicants
- Prepared documents for underwriting by verifying client income, credit reports and other information
- Handled any conditions sent from underwriting departments
- Coordinated closing process with attorneys, title companies and government clerks
FHA Streamline Processor/Team Leader
Metro Finance
09.2007 - 03.2010
- Reviewed and validated details of loan applications and closing documentation
- Consistently closed between 40-60 loans per month
- Mentored team members to promote productivity, accuracy and commitment to friendly service
Education
Associates Degree - Business Management
Macomb Community College
Warren, MI1992
Skills
- 9 years in Conventional underwriting
- 7 years in FHA direct endorsed underwriting (JA93)
- 23 years experience in processing
- Superior organization skills
- Data Interpretation
- Analytical ability, with an aptitude for figures
- Attention to Detail
- Knowledge of FNMA, FHLMC, FHA, MSHDA, USDA, Jumbo and Portfolio loans
- Proficient in Encompass, Open/Close, Loanbeam
Affiliations
- Previous City of Eastpointe Board of Assessing Member
- Previous Treasurer of MiDOG - Michigan Dog Owners Group
- Previous Silver Maple Condominium Board Member
Timeline
Remote Mortgage Underwriter
UNMB Home Loans Inc.
04.2021 - 05.2024
Remote Mortgage Underwriter
Amerisave Mortgage
11.2020 - 03.2021
Mortgage Underwriter/Post-Closing Coordinator
Homesite Mortgage
02.2020 - 10.2020
Mortgage Underwriter/Senior Loan Processor
First State Bank
10.2012 - 02.2020
Loan Processor
John Adams Mortgage Co
09.2010 - 10.2012
FHA Streamline Processor/Team Leader
Metro Finance
09.2007 - 03.2010
Associates Degree - Business Management
Macomb Community College
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