Carmen Aranda

Extensive mortgage underwriting experience encompasses thorough risk assessment of loan documentation, adhering to agency guidelines and regulations for VA, FHA, USDA, and Conventional loans, inclusive of specialized programs. Conduct comprehensive analysis of credit, income, and property documentation to ensure coherence while identifying potential risk factors across all loan types. Scrutinize appraisal reports to validate accuracy and support valuation in accordance with established guidelines, comparing information across forms to maintain consistency and accuracy throughout. Collaborate directly with appraisers to rectify discrepancies, address queries, and ensure alignment with concluded valuations.

Proficient in conducting Ability to Repay reviews in compliance with regulatory directives. Proficiently address audit and quality control issues to ensure ongoing adherence to compliance standards. Stay abreast of evolving guidelines and regulations to uphold accuracy and validity in findings. Assist in post-closing processes to uphold the integrity and compliance of loan files.

Focused on mitigating company risks while achieving profit objectives through strategic decision-making based on rigorous criteria. Demonstrated leadership in guiding underwriting teams and mentoring junior staff to handle demanding workloads with precision. Recognized expertise in identifying and mitigating unacceptable risks and preventing fraudulent activities.

• First National Bank, El Paso, TX October 2012 - July 2013, Senior Loan Processor
• Capital Bank Strategic Lending Group, El Paso, TX May 2012 - October 2012, Senior Loan Processor
• First National Bank, El Paso, TX 10/01/12 - 07/01/13, Senior Loan Processor
• Bank of the West El Paso, TX, May 2006 - April 2007, Loan Processor
• Verde Mortgage, LLC., El Paso, TX, December 2004 - May 2006, Loan Processor
• Plains Capital McAfee Mortgage, El Paso, TX January 2003 - November 2004, Loan Processor

Extensive experience in processing various types of loans, including VA, FHA, USDA, and Conventional Loans, has facilitated significant growth and deepened knowledge in mortgage financing. Held the role of Team Lead, providing guidance and training to team members to ensure efficient file management. Expertly handled inbound calls, addressing applicants' queries regarding mortgage financing. Directly collected essential financial information and documentation from applicants, ensuring accuracy and completeness. Maintained proactive communication with all involved parties to provide timely updates on the loan status. Conducted thorough audits of documentation and verifications to structure credit files for the qualification process. Diligently reviewed compliance factors to ensure adherence to policies and regulations. Prepared files for Underwriter review and facilitated the resolution of any outstanding conditions to advance the closing process. Assisted the closing department in reconciling Settlement Statements and procuring necessary legal documentation. Collaborated with the Shipping Department to resolve any pending information and expedite the file for purchase.

Direct Endorsement - HJ03

VA LAPP Identification - 019722