Bonnie Watkins
Angela,NC
Summary
Astute and methodical Senior Mortgage Underwriter proficient in reviewing extensive applications and supporting documentation while maintaining consistent pipelines and quick turnaround times with skilled handling of each customer's needs. Strong focus on mitigating company risks while meeting profit goals by making strategic decisions based on sound criteria with proven expertise in identifying unacceptable risk and preventing fraud.
Overview
22
22
years of professional experience
Work History
Senior Mortgage Underwriter
Allen Tate Mortgage Partners, LLC.
05.2022 - 11.2022
- Review loan profile, analyze credit risk and verify program compliance
- Work with parties to secure best financing for each client
- Recommend steps for clients who may not immediately meet requirements
- Advance knowledge of conventional, FHA, VA, USDA, CHENOA, and NCHFA guidelines
- FHA CHUMS (5/2011), VA SAR (5/2015)
- Review Conventional, FHA, and VA appraisals following appropriate guidelines and utilizing knowledge of principles, methods, practices and techniques of appraising
- Deviations from accepted appraisal principles and practices, errors in computations, or unsupported conclusions addressed with appraisers for correction and to ensure accurate determination of subject property value and market conditions
- (Laid Off).
Senior Mortgage Underwriter
Lower LLC D/b/a Homeside Financial
07.2021 - 04.2022
- Review loan profile, analyze credit risk and verify program compliance
- Work with parties to secure best financing for each client
- Recommend steps for clients who may not immediately meet requirements
- Advance knowledge of conventional, FHA, VA, USDA guidelines
- Trained in bond loans for NC, VA, MD, DC, WA, PA, OH, ID, and IA
- FHA CHUMS (5/2011), VA SAR (5/2015)
- Review Conventional, FHA, and VA appraisals following appropriate guidelines and utilizing knowledge of principles, methods, practices and techniques of appraising
- Deviations from accepted appraisal principles and practices, errors in computations, or unsupported conclusions addressed with appraisers for correction and to ensure accurate determination of subject property value and market conditions
- (Laid Off).
Mortgage Loan Underwriter
Fairway Independent Mortgage Corporation
07.2020 - 07.2021
- Review loan profile, analyze credit risk and verify program compliance
- Work with parties to secure best financing for each client
- Recommend steps for clients who may not immediately meet requirements
- Advance knowledge of conventional, FHA, VA, USDA guidelines
- Trained in bond loans for NC and VA
- FHA CHUMS (5/2011), VA SAR (5/2015)
- Review Conventional, FHA, and VA appraisals following appropriate guidelines and utilizing knowledge of principles, methods, practices and techniques of appraising
- Deviations from accepted appraisal principles and practices, errors in computations, or unsupported conclusions addressed with appraisers for correction and to ensure accurate determination of subject property value and market conditions
- (Left for better opportunity).
Mortgage Loan Underwriter
Caliber Home Loans, Inc.
08.2015 - 07.2020
- Review loan profile, analyze credit risk and verify program compliance
- Work with parties to secure best financing for each client
- Recommend steps for clients who may not immediately meet requirements
- Advance knowledge of conventional, FHA, VA guidelines
- FHA CHUMS (5/2011), VA SAR (5/2015)
- Review Conventional, FHA, and VA appraisals following appropriate guidelines and utilizing knowledge of principles, methods, practices and techniques of appraising
- Deviations from accepted appraisal principles and practices, errors in computations, or unsupported conclusions addressed with appraisers for correction and to ensure accurate determination of subject property value and market conditions
- (Left due to ongoing technical/system issues).
Mortgage Loan Underwriter
TowneBank Mortgage
04.2015 - 07.2015
- Review loan profile, analyze credit risk and verify program compliance
- Work with parties to secure best financing for each client
- Recommend steps for clients who may not immediately meet requirements
- Advance knowledge of conventional, FHA, VA and bond guidelines
- FHA CHUMS (5/2011), VA SAR (5/2015), NCHFA, PHA and VHDA certified
- Review Conventional, FHA, and VA appraisals following appropriate guidelines and utilizing knowledge of principles, methods, practices and techniques of appraising
- Deviations from accepted appraisal principles and practices, errors in computations, or unsupported conclusions addressed with appraisers for correction and to ensure accurate determination of subject property value and market conditions
- (Left for remote position).
Consumer Loan Underwriter III
Wells Fargo Home Mortgage
09.2011 - 01.2014
- Review loan profile, analyze credit risk and verify program compliance
- Work with parties to secure best financing for each client
- Recommend steps for clients who may not immediately meet requirements
- Advance knowledge of conventional, FHA, VA and bond guidelines
- FHA CHUMS (5/2011) and VHDA bond loan certified
- Review Conventional and FHA appraisals following appropriate guidelines and utilizing knowledge of principles, methods, practices and techniques of appraising
- Deviations from accepted appraisal principles and practices, errors in computations, or unsupported conclusions addressed with appraisers for correction and to ensure accurate determination of subject property value and market conditions
- Credit underwriting designations: 3C, 4F, 3V
- (Left due to relocation from Hawaii to North Carolina).
Consumer Loan Underwriter III
Wells Fargo Home Mortgage
04.2010 - 06.2011
- Review loan profile, analyze credit risk and verify program compliance
- Work with parties to secure best financing for each client
- Recommend steps for clients who may not immediately meet requirements
- Advance knowledge of conventional, FHA, VA and bond guidelines
- FHA CHUMS (5/2011) and VHDA bond loan certified
- Review Conventional and FHA appraisals following appropriate guidelines and utilizing knowledge of principles, methods, practices and techniques of appraising
- Deviations from accepted appraisal principles and practices, errors in computations, or unsupported conclusions addressed with appraisers for correction and to ensure accurate determination of subject property value and market conditions
- Credit underwriting designations: 3C, 3F, 2V
- (Left due to relocation from northern Virginia to Hawaii).
Mortgage Specialist III
Prosperity Mortgage Company
06.2008 - 04.2010
- Process mortgage applications to include collecting documentation and verifying information
- Proficient with FHA, VA, Conventional, and VHDA Bond Loan guidelines
- LP/DU approvals
- Level 1 conventional underwriting authority (credit and appraisals)
- Restructure and price loans as necessary
- Manage pipeline to meet financing contingencies and contract closing dates
- Review Conventional appraisals following appropriate guidelines and utilizing knowledge of principles, methods, practices and techniques of appraising
- Deviations from accepted appraisal principles and practices, errors in computations, or unsupported conclusions addressed with appraisers for correction and to ensure accurate determination of subject property value and market conditions
- Credit underwriting designation: 1C
- (Left processing position to accept underwriting position in same office).
Administrative Support Assistant
Army Family Morale, Welfare, and Recreation Command
09.2007 - 05.2008
- Plan and execute a variety of administrative functions, to include but not limited to, such duties as preparation and review of correspondence; preparation of briefings and charts; develop reports; arrange meetings and maintain calendars; make travel arrangements; screen calls and track suspense items
- Perform, coordinate, and/or participate with staff members to accomplish work
- Perform a variety of internal administrative management services
- Provide administrative and logistical support and overall office management for the supervisor and/or staff in connection with the accomplishment of assigned functions
- Coordinate office activities and establish office operating procedures to ensure uniform interpretation and implementation of administrative regulations and directives
- Establish changes to promote or improve operations
- Oversee, coordinate, and perform the service and supply functions for the office
- Provide advice on a wide range of administrative matters
- Review plans, programs, and regulations pertaining to personnel, automation, analysis, and administration
- Initiate support actions as required
- Develop a variety of management reports
- (Army FMWRC relocated to Fort Sam Houston, TX due to BRAC).
Mortgage Specialist III and Home Mortgage Consultant
Prosperity Mortgage Company
11.2000 - 09.2007
- Process mortgage applications to include collecting documentation and verifying information
- Proficient with FHA, VA, Conventional, and VHDA Bond Loan guidelines
- LP/DU approvals
- Level 1 conventional underwriting authority (credit and appraisals)
- Assist with Regulation B compliance and office guidelines
- OMS Date Receive new loans
- Assist Branch Operations Manager with all aspects of processing including restructuring and pricing loans
- Point of contact when BOM is out of office
- Originate new loans
- Educate real estate agents in new loan programs
- Review Conventional appraisals following appropriate guidelines and utilizing knowledge of principles, methods, practices and techniques of appraising
- Deviations from accepted appraisal principles and practices, errors in computations, or unsupported conclusions addressed with appraisers for correction and to ensure accurate determination of subject property value and market conditions
- Credit underwriting designation: 1c since September 2002
- (Left due to relocation to northern VA).
Education
North Carolina Real Estate Sales License
Real Estate Sales License -
Alpha Omega
General Studies -
Lakeland Community College
Real Estate Broker License -
North Carolina Academy of Real Estate
05.1999
Environmental Science (primary focus in Biology)Chemistry
University of North Carolina at Wilmington
02.1995
General Studies -
Coastal Carolina Community College
06.1994
Paralegal Certificate -
Old Dominion University
12.1992
Liberal Arts -
Ohio State University
04.1986
Skills
- Committed and hard-working professional with over 26 years experience in mortgage and related fields
- Expertise in underwriting conventional conforming and non-conforming (FNMA and FHLMC), FHA, VA, USDA, bond and community partner loans, QM and non-QM
- Effective in working with strategic partners to deliver excellence in customer service
- Proven ability to adapt to changing work environment
- Skilled communication; outgoing with a positive attitude
Additional Information
I enjoy road cycling, mountain biking, running, hiking, kayaking, and various other outdoor sports/activities.
Timeline
Senior Mortgage Underwriter
Allen Tate Mortgage Partners, LLC.
05.2022 - 11.2022
Senior Mortgage Underwriter
Lower LLC D/b/a Homeside Financial
07.2021 - 04.2022
Mortgage Loan Underwriter
Fairway Independent Mortgage Corporation
07.2020 - 07.2021
Mortgage Loan Underwriter
Caliber Home Loans, Inc.
08.2015 - 07.2020
Mortgage Loan Underwriter
TowneBank Mortgage
04.2015 - 07.2015
Consumer Loan Underwriter III
Wells Fargo Home Mortgage
09.2011 - 01.2014
Consumer Loan Underwriter III
Wells Fargo Home Mortgage
04.2010 - 06.2011
Mortgage Specialist III
Prosperity Mortgage Company
06.2008 - 04.2010
Administrative Support Assistant
Army Family Morale, Welfare, and Recreation Command
09.2007 - 05.2008
Mortgage Specialist III and Home Mortgage Consultant
Prosperity Mortgage Company
11.2000 - 09.2007
North Carolina Real Estate Sales License
Real Estate Sales License -
Alpha Omega
General Studies -
Lakeland Community College
Real Estate Broker License -
North Carolina Academy of Real Estate
Environmental Science (primary focus in Biology)Chemistry
University of North Carolina at Wilmington
General Studies -
Coastal Carolina Community College
Paralegal Certificate -
Old Dominion University
Liberal Arts -
Ohio State University
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