Courtney Clapham
Lee's Summit,MO
Summary
Astute and methodical DE/SAR Senior Mortgage Underwriter with significant background working with FHA, VA and Conventional loans. Conscientious and committed to adhering to standards, underwriting guidelines and authority levels. Proficient in reviewing extensive applications and supporting documentation. Maintains consistent pipelines and quick turnaround times with skilled handling of each customer's needs.
Overview
13
13
years of professional experience
Work History
Medical Leave
Family Care Leave
01.2023 - 12.2023
DE/SAR/LAPP Underwriter
Nations Lending Corporation
01.2021 - 11.2022
- Reviewed and analyzed documentation provided on each loan to make an informed lending decision in compliance with our policies/guidelines
- Analyzed income from salaried, commissioned, self-employed, investments, fixed income sources
- Identified and assessed overall risk and potential fraud exposure of mortgage loan files
- Documented comprehensive risk assessment results and confirmed information validity and accuracy in rendering loan decisions for VA, FHA, and Conventional loans
- Reviewed conditions submitted on loans and sign off on conditions where appropriate
- Analyzed documentation collected to ensure it meets guidelines or if other documentation is needed; ensured loan application complied with underwriting, investor, RESPA, and HMDA guidelines.
- Met the minimum daily production goals and perform within department audit standards.
- Review of residential mortgage appraisal forms to determine indicated value is supported to issue NOV or Conditonal Commitment
DE/SAR/LAPP Underwriter
First Community Mortgage
08.2020 - 12.2020
- Analyze appraisals for 1-4 unit properties for primary and investment homes
- Calculate debt to income ratios from financial statements, determining eligibility for loan
- Evaluate overall loan documents for accuracy, completeness and compliance, ensuring loan was marketable
- Analyze credit history, income documentation, loan packages, title reports and property appraisals
- Review complex financial documents; assess consumers creditworthiness; follow regulatory and compliance guides
- Available to processors and correspondents for general guideline interpretations and questions on specific loan files.
- Identified possible fraud risks through meticulous evaluation of application materials, protecting both lenders and homebuyers from potential losses.
DE/SAR/LAPP Underwriter
BNC Mortgage
10.2019 - 07.2020
- Evaluate appraisals for 1-4 unit for primary and investment properties
- Conduct a review of closing and legal documents to ensure that the mortgage file information is complete, accurate and consistent with other documents in the mortgage file and that the loan was closed and funds disbursed in accordance with the underwriting and closing instructions
- Implemented efficiency improvements in workflow processes, resulting in reduced turnaround times for mortgage approvals.
- Balanced competing priorities effectively to meet strict deadlines for multiple loan applications simultaneously.
- Ensured regulatory compliance by maintaining up-to-date knowledge of industry guidelines and standards.
- Played a vital role in the development of new underwriting guidelines that improved overall risk management practices within the organization.
Underwriter IV
Loandepot
11.2017 - 12.2018
- Demonstrated sound decision-making skills when assessing borrower eligibility based on financial stability, creditworthiness, and collateral value.
- Implemented efficiency improvements in workflow processes, resulting in reduced turnaround times for mortgage approvals.
- Enhanced risk assessment accuracy by conducting thorough reviews of credit reports, employment history, and income verification documents.
- Ensured regulatory compliance by maintaining up-to-date knowledge of industry guidelines and standards.
- Supported the loan origination team by providing expert knowledge and guidance on complex underwriting scenarios, enabling well-informed decisions in challenging cases.
Senior DE/SAR Underwriter
Caliber Home Loans
10.2015 - 07.2016
- Served as a regional expert on VA loans, trained other underwriters and loan originators, and assisted other company branches in the structure and prequalification of loans.
- Demonstrated sound decision-making skills when assessing borrower eligibility based on financial stability, creditworthiness, and collateral value.
- Verified integrity of applicants' information to minimize fraud.
- Maintained mortgage program compliance with federal agencies such as VA, HUD, and FNMA.
- Approved or denied loans based on established criteria and underwriting guidelines.
- Researched and updated industry knowledge on changing legislation and regulations.
- Evaluated loan applications, determining creditworthiness, assessing risk and establishing loan conditions.
- Reviewed appraisals and title documents to verify accuracy and completeness.
Senior DE/SAR/LAPP Underwriter
Veterans United Home Loans
02.2011 - 10.2015
- Managed a diverse portfolio of mortgage applications, consistently meeting strict deadlines while maintaining attention to detail.
- Streamlined internal processes for improved efficiency by identifying areas for improvement and suggesting new procedures or tools.
- Balanced competing priorities and managed a high volume of work, consistently meeting or exceeding performance metrics for approval rate, turnaround time, and loan quality.
- Increased team productivity by mentoring junior underwriters, sharing industry knowledge, and providing constructive feedback on their work.
- Collaborated with multiple departments for seamless loan approval process, ensuring all necessary information was accurately documented and communicated.
- Demonstrated sound decision-making in approving or denying loans based on comprehensive assessments of borrower''s creditworthiness and risk factors.
Education
Associate of Arts -
Metropolitan Community College - Kansas City
Kansas City, MO05.2000
Skills
- Credit Analysis
- Income Analysis
- Quality Control
- Fair Housing Regulations
- Collateral Review
- Fraud detection and prevention
- Complex problem-solving
- Analytical and critical thinking
- Credit-worthiness determination
- Ability to think outside the box
- Auditing
- Excellent verbal and written communication skills
- Ability to identify and resolve/escalate problems
- Strong organizational skills
- Ability to multi-task
- Strong analytical problem-solving skills
- Documentation Review
- Residential Loans
- Asset Statements
- Underwriting guidelines
- Debt-to-Income Ratios
- LTV Calculations
- Collateral Valuation
- Software/Technical Proficiency in Microsoft 365: Word, Excel, PowerPoint, Encompass, Calyx Point, Blitz Docs, Empower, H2O, Desktop Underwriter (DU), Loan Prospector (LP), FHA Total Scorecard, LoanBeam, Allregs, Collateral Underwriter, Adobe, Zoom, Microsoft Teams, FraudGuard, LexisNexis
Timeline
Medical Leave
Family Care Leave
01.2023 - 12.2023
DE/SAR/LAPP Underwriter
Nations Lending Corporation
01.2021 - 11.2022
DE/SAR/LAPP Underwriter
First Community Mortgage
08.2020 - 12.2020
DE/SAR/LAPP Underwriter
BNC Mortgage
10.2019 - 07.2020
Underwriter IV
Loandepot
11.2017 - 12.2018
Senior DE/SAR Underwriter
Caliber Home Loans
10.2015 - 07.2016
Senior DE/SAR/LAPP Underwriter
Veterans United Home Loans
02.2011 - 10.2015
Associate of Arts -
Metropolitan Community College - Kansas City
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