CARRIE RIST
Flower Mound,TX
Summary
Experienced Senior Mortgage Underwriter with over 25 years in FHA, VA, USDA, FNMA, and jumbo loan programs. Expertise in underwriting complex scenarios, multi-state files, and diverse property types. Proficient in income analysis, credit risk assessment, and investor guideline interpretation. Strong communicator, ensuring seamless collaboration with operations and processing teams in fully remote environments.
Overview
32
32
years of professional experience
Work History
National Underwriting Manager
Waterstone Mortgage Company
06.2019 - Current
- Led remote team of 8–11 underwriters, ensuring alignment across all agency programs.
- Serve as primary escalation contact for complex scenarios and guideline interpretation.
- Conducted monthly QC reviews to pinpoint training needs and enhance underwriting accuracy.
- Supported scenario underwriting and income calculation reviews to ensure compliance with guidelines.
- Maintained FHA DE, VA SAR, and USDA designations to ensure compliance with lending standards.
- Previously underwrote jumbo and niche products; underwrote One-Time Close Construction loans.
Underwriter
Premier Nationwide Lending
08.2018 - 06.2019
- Underwrote FHA, VA, USDA, FNMA, FHLMC, and bond loans ensuring compliance across 11 states.
- Reviewed mortgage applications for Premier Nationwide Lending loan files.
- Verified income, assets, and credit against investor guidelines.
- Analyzed appraisals, titles, and property documents for risk.
- Conducted limited and full condo reviews for existing and new construction to assess eligibility.
Underwriter & Underwriting Team Lead
Academy Mortgage
08.2017 - 08.2018
- Served as regional underwriting team lead.
- Underwrote FHA, VA, USDA, FNMA, FHLMC and jumbo loans
- Facilitated Chase jumbo delegation process for loans up to $2M, enhancing funding opportunities for clients.
- Supported underwriting for multiple branches following corporate restructuring.
Operations Manager & Underwriter
First Mortgage Company
10.2006 - 07.2017
- Oversaw operations for Flower Mound and Amarillo branches, optimizing workflow and service delivery.
- Underwrote various loan types including FHA, VA, USDA, FNMA, FHLMC, rehab, manufactured home, and OTC loans, facilitating timely approvals.
- Ensured compliance with Texas closing laws, including 50(a)(6), mitigating legal risks and enhancing operational integrity.
- Obtained FHA DE certification in 2005 and VA SAR certification in 2007.
Loan Processor, Underwriter, Closer
Multiple Mortgage Companies
01.1995 - 01.2006
- Processed residential loan files across multiple mortgage companies.
- Reviewed borrower documents for completeness, accuracy, and compliance.
- Verified income, assets, employment, and credit information.
- Developed comprehensive knowledge of FHA, VA, USDA, conforming, non-conforming, and manufactured home loans. Secured FHA DE in 2005 and VA LAPP/SAR shortly thereafter.
Education
General Studies
Boise State University
Boise, IDSkills
- Underwriting FHA, VA, USDA, FNMA, FHLMC, jumbo, non-QM, and bond loans
- FHA DE, VA SAR, USDA designations with agency Fannie Mae/Freddie Mac
- Chase Jumbo Delegated (up to $2M)
- One-Time Close Construction underwriting
- Strong income analysis (self-employed, variable, credit risk assessed)
- FHA
- VA
- USDA
- FNMA
- FHLMC
- Jumbo
- Manufactured homes
- Encompass LOS (since 2015)
- Experienced Encompass user since 2015; extensive DU/LP proficiency
- DU
- LP
- GUS
- Investor guideline interpretation
- Pipeline management
Timeline
National Underwriting Manager
Waterstone Mortgage Company
06.2019 - Current
Underwriter
Premier Nationwide Lending
08.2018 - 06.2019
Underwriter & Underwriting Team Lead
Academy Mortgage
08.2017 - 08.2018
Operations Manager & Underwriter
First Mortgage Company
10.2006 - 07.2017
Loan Processor, Underwriter, Closer
Multiple Mortgage Companies
01.1995 - 01.2006
General Studies
Boise State University