Summary
Work History
Education
Skills
Accomplishments
Timeline
Generic

Cynthia Forwood

Bonney Lake,WA

Summary

Hardworking Senior Underwriter effective at achieving control and profitability objectives according to company guidelines. Experienced in partnering with field producers to support marketing and sales activities. Over 35 years experience in the industry

Work History

Senior Underwriter

Evergreen Home Loans
Bellevue , WA
2018.07 - 2022.08
  • Underwrote Conventional, High Balance Conventional, FHA, WSHFC BOND and VA loans using automatic AUS System and Encompass.
  • Applied knowledge of underwriting guidelines to maintain compliance with applicable regulations and company standards.
  • Created debt analysis and comparison reports contrasting various conventional and government-backed financing options.
  • Assisted senior executives with final loan closings and underwriting, coordination and submission of high-profile loan conversion packages.

Underwriting Manager/AVP

Home Street
Federal Way , WA
2014.06 - 2018.06
  • Assisted Underwriters on QA and QC findings. Communicated with Sales and Operations on files daily.
  • Monitored underwriting teams' performance and provided mentoring to achieve personal and department production goals.
  • Evaluated debt ratio, loan-to-value ratios, credit scores property valuations and various other factors when making underwriting decisions.
  • Identified portfolio risks resulting from client's underlying business practices, underwriting investigations or fraud exposure.
  • Developed and maintained courteous and effective working relationships.
  • Carried out day-day-day duties accurately and efficiently.
  • Used critical thinking to break down problems, evaluate solutions and make decisions.

Senior Underwriter

Cobalt Mortgage
Kirkland , WA
2012.07 - 2014.06
  • Underwrite conventional conforming loans, high balance conventional loans, FHA and FHA high balance loans, VA Loans.
  • Applied knowledge of underwriting guidelines to maintain compliance with applicable regulations and company standards.
  • Created debt analysis and comparison reports contrasting various conventional and government-backed financing options.

Team Lead

Bank Of America
Lake Oswego , OR
2004.01 - 2011.01
  • Managed a team of 7 processors to process and underwrite Conventional, FHA and VA mortgage loans
  • Coordinated with 2 branches of mortgage loan officers to help facilitate their loans
  • Managed Pipe Lines and Capacity Reports for individual processors and coordinate daily huddles for guideline changes or new procedures
  • Coached team members in techniques necessary to complete job tasks.
  • Trained new team members by relaying information on company procedures and safety requirements.
  • Evaluated employee skills and knowledge regularly, training and mentoring individuals with lagging skills.
  • Established open and professional relationships with team members to achieve quick resolutions for various issues.

Education

High School Diploma -

Big Sky High School
Missoula, MT

Skills

  • Analysis and Evaluation
  • Loan Restructuring
  • Underwriting and Adjustments
  • Desktop Underwriter
  • Loan Evaluations
  • Pipeline Management
  • Analyzing Data

Accomplishments

    FHA DE Delegation

    VA SAR Delegation

Timeline

Senior Underwriter

Evergreen Home Loans
2018.07 - 2022.08

Underwriting Manager/AVP

Home Street
2014.06 - 2018.06

Senior Underwriter

Cobalt Mortgage
2012.07 - 2014.06

Team Lead

Bank Of America
2004.01 - 2011.01

High School Diploma -

Big Sky High School
Cynthia Forwood