Summary
Overview
Work History
Skills
Timeline
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Cindy Lore

Fort Mill,South Carolina

Summary

Detailed Oriented Senior Mortgage Underwriter offering 23-year background reviewing real estate loan applications for accurate and necessary information. In-depth knowledge of income calculations, tax returns and credit reports. Analytical and flexible professional underwriter who is comfortable working in high stress environment while delivering excellent customer service. Proficient with Encompass.

Overview

15
15
years of professional experience

Work History

Mortgage Underwriting Team Lead

ALCOVA Mortgage
Roanoke, VA
04.2021 - 11.2023
  • Organize and hold weekly underwriting meetings
  • Approve Vacation Time and Time cards.
  • Second Sign all loans escalated for management review.
  • Mentor underwriters to think outside of the box on more difficult loans.
  • Analyze and calculate income for Conventional,FHA,USDA , VA loans And North Carolina Housing.
  • Underwrite VA; FHA Conventional and USDA Loans; review the COE for Eligibility and correct funding fee ; if the borrower is exempt for funding fee validate with the COE.
  • Review Nearest living relative form and update Encompass with the family members name, address and phone number. (VA Loans Only)
  • Analyze the borrowers credit report; match the debts to the 1003; along with any letters of explanation for derogatory credit, bankruptcy's, foreclosures or short sales.
  • Review bank statements for sufficient assets to close; Large Deposits and any additional debts.
  • Completely review all docs and underwrite the FHA loan; confirm Case Query; Mortgage Credit Rejects and cavirs number.
  • Reviews all policies, procedures and underwriting practices related to the loan program and validate the loan meets all guidelines prior to the final underwriting decision.
  • Underwrite Multi-Family Homes with less than 4 units.

Sr Mortgage Underwriter Manager

Victoria Mortgage/ Genworth Financial Inc
Raleigh, NC
08.2016 - 02.2021
  • Hold weekly underwriting meeting to update everyone on current guidelines; new procedures and new discovery's any of the underwriters have experienced that week.
  • Hire new underwriters and provide training where needed.
  • Purchase (95%) and Refi's Conventional Fannie/Freddie and FHA with investor overlays.
  • Appraisal Review and condition according to UCDP findings.
  • Calculate income for W2/Self Employed borrowers K1's 1120's/1065 and Schedule E.
  • Analyze and validate all pages of assets, Income and Credit Report.
  • Condo review Full and Limited review.
  • Issue MI on any loan over 80% LTV with correct MI coverage.
  • Reviews all policies, procedures and practices related to the loan program and validate the loan meets all guidelines prior to the final underwriting decision.
  • As a SME I would review other underwriter's files by checking to making sure the loan had all of the conditions to meet in house overlays and investor Guidelines; Then I would send the underwriter an email with my findings.

Sr Mortgage Underwriter (SASE 3)

Accenture, Inc./Bank of America
Charlotte , NC
02.2014 - 08.2016
  • Calculate income for W2/Self-Employed 1120s/1065 and Schedule E.
  • Review /verify assets; Condition for source of large deposits and sufficient cash to close.
  • Complete the conditional approval with all needed remaining conditions.
  • Condo review Full and Limited review
  • Appraisal review and condition based on UCDP findings
  • Issue the clear to close with all conditions needed for the closer

Sr Mortgage Under III

Wells Fargo
Charlotte, NC
09.2009 - 11.2015
  • Reviewed; analyzed and calculated income, Reviewed asset documentation for undisclosed debts and large deposits
  • Completed form 1084/91 for all self employed borrowers 1120's; 1065 ; Sch C and K1's
  • Reviews all policies, procedures and practices related to the loan program and validate the loan meets all guidelines prior to the final underwriting decision.
  • Handle confidential material in a professional/ethical manner.
  • Worked with company systems such as LIS/LPS/LIV, DU/LP and sharepoint; FHA connection; Weblgy; Fraud Guard (production tracking tool).
  • Diligently completed all assigned tasks by manager, working overtime as needed to support management.
  • First 2 years at Well Fargo I was a QC Auditor for Conventional and FHA Loans.

Sr Mortgage Underwriter

JPMorgan Chase
Charlotte, NC
01.2009 - 10.2009
  • Calculate income ( W2; Sch C; E ; 1065; 1120's)
  • Review Appraisal
  • Review Assets for cash to close and large deposits
  • Issue loan approval with conditions.

Skills

  • NC Bond (Certified);FHA; USDA; Conventional; VA LAPP/SAR
  • Encompass; FHA Connection; Weblgy; Fraud Guard; DU/LP; GUS
  • Excellent Communication Skills
  • Sharp Problem Solver
  • Strong Organizational Skills
  • Ability to Achieve Set Goals
  • Multi-Family (commercial )

Timeline

Mortgage Underwriting Team Lead

ALCOVA Mortgage
04.2021 - 11.2023

Sr Mortgage Underwriter Manager

Victoria Mortgage/ Genworth Financial Inc
08.2016 - 02.2021

Sr Mortgage Underwriter (SASE 3)

Accenture, Inc./Bank of America
02.2014 - 08.2016

Sr Mortgage Under III

Wells Fargo
09.2009 - 11.2015

Sr Mortgage Underwriter

JPMorgan Chase
01.2009 - 10.2009

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Cindy Lore