Caroline Kaburu
Dallas,TX
Summary
Demonstrates strong analytical, communication, and teamwork skills, with proven ability to quickly adapt to new environments. Eager to contribute to team success and further develop professional skills. Brings positive attitude and commitment to continuous learning and growth.
Overview
11
11
years of professional experience
Work History
Senior Commercial Loan Servicing Analyst
Third Coast Bank
10.2024 - Current
- Updating incoming wire and outgoing wires
- Monitoring the Incoming wire mailbox and ensuring timely posting of principal/interest payments are done on the loan
- Posting of advance loan for Builders (lot
- Advance on Lot Conversion, Vertical Loans, DDA, and Borrowing base)
- Posting Draw to DDA account and initiate wires
- Accurately processing outgoing wires as per the wiring instructions
- Manage Incoming and outgoing wires, ensuring they are posted to the correct loan and the effective date
- Initiating loan advances and disbursement advances.
- Booking new/modification/BAN loans to Jack Henry using the executed documents and credit approval.
- Communication with RM for approvals or any question that may occur on the loan documents .
- Review of construction documents for builders (appraisal, flood, Budget, Warrant, title, Plan etc)
- Collection of Fees and posting to the right GL and Transaction code
- Review loan documentation for closing and release of PROL
- Generating payoff quote as per the loan officer's request
- Review of construction documents, HUD , DOT , Budget and appraisal that meet the required policy.
- Posting of interest Swap (debit/Credit) on Jack Henry as per the date.
- Posting of Principal/Interest payment to Jack Henry as per the incoming wire instruction
- Performed audits of subsidiaries to protect shareholders and potential investors from fraudulent or unrepresentative financial claims.
- Reduced errors in data entry, instituting rigorous quality control checks.
Commercial Loan Analyst
Toyota Financial Saving Bank
02.2024 - 08.2024
- Company Overview: Talent Burst
- Onboarding loans and updating data on the LOS using executed documents
- Annual renewal of loans term loans, variable loans, Lines of credit using the credit approval
- Maintain accurate records of all financial transactions
- Coordinated deal financing by gathering resources from financial institutions, public agencies, or private companies
- Accurately add new data and update existing data within reports to ensure all information is current and precise using Excel
- Calculate the repayment schedule, Amortization schedule per the loan terms
- Ensure monthly statements are sent out on time and update monthly payments to the system
- Updating of modification and renewal of loans using Executed loan documents and Credit approval
- Reviewing the insurance certificate and ensuring it compliance with the company policy and limits (Garage Liability, General Liability, Floorplan, and property insurance)
- Review of working Capital, construction loans, and financial covenant and help with external audits
- Communicate with the sales team on the processes of the loan and provide updated information
- Ensure and update ACH on accounts as per the borrower instructions letter
- Ensuring borrower contact information is up to date on the LOS and on communication software
- Ensuring the insurance (COI and EOP) meets the company requirements
- Keep an open line of contact with successful applicants to answer any questions that arise and remind them of payments and contract obligation
- Collaborated with loan officers to effectively communicate complex financial concepts to clients.
- Ensured compliance with regulatory standards by diligently reviewing documentation and loan data.
- Served as liaison between borrowers, underwriters, and other relevant parties throughout the entire loan process for seamless coordination of efforts.
Commercial Loan Analyst
Bank of America
10.2022 - 09.2023
- Company Overview: Collabera Staffing
- Renewal of RLOC, Term loans, letters of credit, and booking of new commercial
- Boarding loans through LIQ, Credit Center, GFS, and Unicorn LOS
- Confirmation of executed documents meets the company standards per the resolution
- Ensuring all documents are signed per the closing instruction letter
- Update the pricing as per the renewal executed document (Note, Amendment, Loan agreement, or the CAM Posting and collection of loan fees and UCC fees (Filling, Recording, Search fee)
- Ensure the CRA meets the current standard as per the company
- Adding and updating sublimt as per the executed document
- Doing modification and renewal on the existing loan, updating pricing from Libor to Sofr as per the CAM, LA
- Updating of Guarantors and the percentage guaranteed as per the CAM and Executed documents
- Make updates appropriate updates to the client database to meet the regulator
- Calculation and updating the Amortization schedule for term loans and Accrual dates
- Review of payment schedule and interest rates
- Identify and escalate quality assurance findings promptly, following appropriate communication channels
- Maintained accurate records of bookings, ensuring timely invoicing and payment tracking for financial accuracy.
- Analyzed booking trends to optimize pricing strategies, maximizing revenue generation opportunities.
Underwriter 1
Wells Fargo
06.2021 - 06.2022
- Review credit report and confirm borrowers' information, Names, DOB, SSN, and Addresses confirm the installments account and revolving accounts compared with liabilities stated on the application
- Review applications for both Commercial and Consumer Loans
- Review collateral documents and insurance documents
- Review borrower's Assets confirm bank information check for large deposits, NSF, and any recurring payments, and request for LOX if need be
- Review property condo, PUD request for applicable taxes, insurance, and HOA statement and set up applicable conditions as per the policies
- Confirm occupancy and review title to confirm no liens and no deferred tax payment and the vesting
- Review Employment/income evaluation and calculate income as per the submitted document, wage earner, nontaxable, and self-employed
- Review rental income, and calculate self-employed income Schedule C, C-Corp, S-Corp and partnership 1065
- Calculate the liquidity using P & I and the balance Sheet
- Set up conditions and clear the received conditions
- Follow the company policy and COVID-19 policy as per updates
- Ensure all forbearance and Fannie Mae & Freddie Mac Guidelines policies have been adhered to
- Communicate decisions to loan officers per the company procedure
Mortgage Underwriter
Supreme Mortgage Company
02.2016 - 05.2021
- Perform a thorough analysis of the applicant's income documents, asset documentation, credit reports, and property valuations to determine the borrower's eligibility
Loan Processor
Supreme Mortgage Company
05.2014 - 11.2016
- Calculate income using different income documents such as pay stubs, W2s (for wage earners), and tax returns (for self-employed)
- Review appraisal to ensure the valuation is accurate and value is supported
- Conduct timely review and clearing of conditions/stipulations on files returned for review
- Manage verifications for underwriting requirements, ensuring compliance with state and federal regulations
- Underwriter conventional purchases and refinance loan requests
- Verify assets and liabilities by reviewing borrowers' Bank Statements, to ensure responsible lending
- Review re-submission and ensure the loan is still eligible
- Maintain open lines of communication with all processors and loan officers to obtain loan status information
- Worked closely with our Loan Officers to ensure a timely and accurate experience for our clients from first-time home buyers to refinancers throughout the entire mortgage process
- Analyzed employment profile, credit strength, property characteristics, and all other information pertinent to the credit decision process on each mortgage application
- Effectively communicate underwriting decisions with processors and loan officers
- Using the LOS (Encompass), input: selected conditions, credit information, property details, and any other pertinent information applicable to the decision of the tile
- Verified supporting documentation for each application, and review documentation for compliance with internal and regulatory guidelines
- Reviewed and collected underwriting conditions and submitted conditions to the underwriter for final approval
- Sending of loan closing documents to the borrower
- Receiving of executed documents from the borrower
Education
Diploma - Marketing and Advertisement
Kenya Polytechnic University College
Skills
- Loan IQ
- Encompass
- Core
- Fiserv
- Jack Henry
- Credit Centre
- MS Office
- Commercial Consumer lending
Timeline
Senior Commercial Loan Servicing Analyst
Third Coast Bank
10.2024 - Current
Commercial Loan Analyst
Toyota Financial Saving Bank
02.2024 - 08.2024
Commercial Loan Analyst
Bank of America
10.2022 - 09.2023
Underwriter 1
Wells Fargo
06.2021 - 06.2022
Mortgage Underwriter
Supreme Mortgage Company
02.2016 - 05.2021
Loan Processor
Supreme Mortgage Company
05.2014 - 11.2016
Diploma - Marketing and Advertisement
Kenya Polytechnic University College
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