Daniel Bajalis
Mortgage Professional
Conroe,TX
Summary
Accurate and dedicated Sr. Loan Processor evaluates financial documentation and promotes positive client interactions. Works exceptionally well in fast-paced environments driven by tight deadlines. Employs critical eye toward document details and customer information to avoid errors and promote efficiency.
Overview
25
25
years of professional experience
Work History
Sr. Loan Processor III
Finance of America Mortgage LLC
07.2020 - 12.2022
- Processed loan applications and monitored progress from start to finish.
- Pre-underwrite loan applications for completeness identified missing documentation, and generated condition lists for applicants.
- Monthly average of 50 processed loans with funding of 22.
- 80% of personal pipeline are purchase transactions with 100% of transactions closed on time or early.
- Provide support to mortgage loan applicants, Loan Officers, and Operations on mortgage transactions.
- Obtain all customer documents, review documentation for accuracy, and submit to underwriting for condition sign-off.
- Calculate income, assets, and reserves, and ensure automated underwriting requirements are received.
- Send revised Initial, Revised Loan Estimates, and Closing Disclosures to clients.
- Product types include FHA, VA, Conventional, Jumbo, Investor, and HELOC loan products.
Business Operations Analyst AVP
MUFG Union Bank
01.2019 - 10.2019
- Evaluated current processes to develop improvement plans.
- Produced detailed and relevant reports for use in making business decisions.
- Provide Loan Servicing business support to our Servicing Technology, Loan Boarding Transaction Operations, Regulatory Business Compliance, Capital Markets, and stakeholders.
- Conduct business impact analysis of all bank operational changes for software, regulatory, and process changes.
- Collaborate with Loan Servicing executives, summarize software releases, and document business impacts for operations and technology.
- Support document and testing for all Servicing department releases.
- Review monthly average of 50,000 data changes and identify potential impacts and downstream effects of data updates. Communicate results with all company business leads and notify bank executive team of potential impacts.
Business Systems Analyst III
MUFG Union Bank
05.2017 - 01.2019
- Collected, defined, and analyzed business requirements.
- Trained business personnel in use of systems.
- Provide live phone technical support to external customers utilizing web-based portal for loan applications.
- Maintain system security access to internal employees and external business partners.
- Ensured processes and procedures were current and provided feedback on enhancements and efficiencies.
- Configured Avaya phone system to support daily functions and create monthly reporting on phone metrics.
- Maintained ticketing system used for tracking issues and trends for feedback to internal executives.
Loan Processing Team Leader
loanDepot, LLC
09.2016 - 05.2017
- Monitored team performance and provided constructive feedback to increase productivity and maintain quality standards.
- Supervised team members to confirm compliance with set procedures and quality requirements.
- Provide pipeline support of real estate transactions for team of 12 Loan Processors.
- Main point of contact for escalations, questions for customers, clients, and executive management.
- Maintain pipeline of approximately 50 loans while funding average of 20 loans per month.
- Train new hire Processors, Openers, and Closers on company’s loan process and technology.
- Maintain pipeline of approximately 50 loans while funding average of 20 loans per month.
Project Manager/Consultant
Cornerstone Church of San Diego
03.2016 - 09.2016
- Monitored project progress, identified risks, and took corrective action as needed.
- Maintained open communication by presenting regular updates on project status to customers.
- Project Management of Church people management software implementation.
- Data merger to new software Church Community Builder, setup 2-way integration of PushPay giving software.
- Set up small groups, events, and children's ministry check-in.
- Review financial documents, and renew lease agreements as requested.
- Implemented and documented processes for Cornerstone Cafe.
Process Development Manager - Vice President
MUFG Union Bank
03.2013 - 11.2015
- Demonstrated proficient leadership skills to motivate employees and build competent teams.
- Established and maintained strong relationships with customers, vendors, and strategic partners.
- Responsible for policy and process change oversight through administration and governance process.
- Provide project support for all business initiatives.
- Continuous review for gained efficiencies and capacity models.
- Provide training and support for changes that impact operations process.
- Managed team of subject matter experts that provide live phone support for new origination software.
- Provide monthly reporting and summary to Senior Level executives on bank's high-priority projects for new mortgage origination software, current state, and future state end-to-end procedures, 2013 CFPB initiative, and new government product FHA.
Underwriter I
MUFG Union Bank
12.2012 - 03.2013
- Executed reviews of loan applications submitted by approved Mortgage Brokers.
- Performed manual underwriting for jumbo loans, ensuring high loan quality standards.
- Provided loan decisions based on application evaluations and risk modules.
- Signed off on self-employed, salaried, and fixed incomes, as well as assets and collateral.
- Documented underwriting decisions and provided evidence of compliance with applicable regulations.
- Made approval and denial recommendations by determining accurate risk levels.
Wholesale Processing Supervisor
MUFG Union Bank
10.2011 - 12.2012
- Supervised ongoing daily production phases.
- Located and resolved problems with team production and performance to maintain consistent quality levels.
- Managed group of Loan Review Analysts that reviewed Wholesale-Broker Submissions and disclose/re-disclosed loan fees to applicants
- Conduct audits of loan disclosures, ensuring bank compliance with RESPA, TILA, Regulation Z, and Regulation X.
- Update policy and procedures, GFE 2010 updates, while providing direction to all staff.
Bankruptcy Manager AVP
JP Morgan Chase
03.2011 - 10.2011
- Complied with established internal controls and policies.
- Managed Operations in Loss Mitigation - Bankruptcy Department.
- Led daily pipeline overview with supervisors to review daily, and weekly priorities.
- Conducted new hire interviews, performance evaluations, and remedial action development.
- Oversaw 109-member team consisting of 8 Supervisors, 65 Relationship Managers, and 36 Underwriters.
Fulfillment Team Leader AVP
Bank of America
01.2002 - 01.2011
- Monitored team performance and provided constructive feedback to increase productivity and maintain quality standards.
- Supervised team members to confirm compliance with set procedures and quality requirements.
- Managed business relationships with joint venture partners Bank of America
- Conducted new hire interviews and training, and provide performance evaluations and remedial action development
- Oversaw activities of 12-member team consisting of 10 associates and 2 loan closers.
Branch Operations Manager
Bank of America
01.2004 - 01.2008
- Directed business sales operations, evaluating loans in collaboration with loan officers and processors.
- Determined client loan conditions, and tasked associates to secure these conditions.
- Scheduled closings with attorneys and ensured loan funding with funding department and escrow.
- Maintained loan cycle in phase codes, delivering loans averaging 18 days from credit pull to funding.
- Employed level 3 underwriting sign-off authority to perform in-house underwriting functions.
- Supervised team of 35 processors and sales associates.
Underwriting Manager
Bank of America
01.2003 - 01.2004
- Utilized knowledge of insurance principles, policies & procedures to make decisions on risk assessment.
- Evaluated applications to determine insurance coverage and appropriate risk classifications.
- Managed underwriting staff of ten associates.
- Trained staff on company and regulatory policies, audited loan decisions, provide second-level escalation decisions, assist with un-saleable loan mediation.
- Addressed and provided guidance for sales partner escalation calls and inquiries.
- Enforced daily, weekly, and monthly underwriter quotas.
- Communicated new industry changes and guidelines with staff.
Underwriter
Bank of America
01.2002 - 01.2003
- Documented underwriting decisions and provided evidence of compliance with applicable regulations.
- Made approval and denial recommendations by determining accurate risk levels.
- Executed reviews of loan applications submitted through internal automated underwriting system.
- Performed underwriting for conventional loans, ensuring high loan quality standards.
- Empowered with level 3 sign-off authority for manually underwritten loans of up to $1 million.
- Signed off on clients' self-employed, salaried, and fixed incomes, as well as assets and collateral.
- Trained sales associates by employing loan scenario templates.
Underwriter
Republic Mortgage Insurance Company
01.2001 - 01.2002
- Documented underwriting decisions and provided evidence of compliance with applicable regulations.
- Made approval and denial recommendations by determining accurate risk levels.
- Reviewed mortgage applications submitted for consideration of mortgage insurance.
- Provide list of conditions if required and certificate of insurance.
Senior Loan Processor
Fifth Third Bank
01.2000 - 01.2001
- Reviewed loan files for completeness, identified missing documentation, and generated condition lists for applicants.
- Worked with customers in person and via telephone to answer questions, process transactions, and resolve issues.
- Managed pipeline of 50 loans monthly of government and conventional loan submissions
- Complete loan submissions to underwriting, clear outstanding loan conditions, and create loan closing documents for loan funding.
Loan Specialist
North American Mortgage
01.1998 - 01.2000
- Developed strong relationships with customers through high levels of customer service.
- Maintained strict confidentiality of bank records and client information.
- Managed pipeline of 100 loan submissions from loan brokers, partnering with them to secure funding by collaborating with investors who furnished conditional loan approval.
- Collaborated with investors and brokers concerning loan conditions until funding was approved.
Education
High School Diploma -
Schaumburg Christian High School
Schaumburg, IL05.1994
No Degree - Business Administration And Management
Liberty University
Lynchburg, VASkills
Self Employment Income Calculation
Business Bank Statement Analysis
Automated Underwriting
Investor Guidelines
Appraisal Review
Fixed Income Analysis
Prelim Title Review
FHA VA Financing
USDA Financing
Conventional and Jumbo Lending
Secondary Financing
Accomplishments
Highest ranked underwriter in both quantity and quality for Bank of America
Top 5 Branch Operations Manager
Presidents Club Award Winner
Timeline
Sr. Loan Processor III
Finance of America Mortgage LLC
07.2020 - 12.2022
Business Operations Analyst AVP
MUFG Union Bank
01.2019 - 10.2019
Business Systems Analyst III
MUFG Union Bank
05.2017 - 01.2019
Loan Processing Team Leader
loanDepot, LLC
09.2016 - 05.2017
Project Manager/Consultant
Cornerstone Church of San Diego
03.2016 - 09.2016
Process Development Manager - Vice President
MUFG Union Bank
03.2013 - 11.2015
Underwriter I
MUFG Union Bank
12.2012 - 03.2013
Wholesale Processing Supervisor
MUFG Union Bank
10.2011 - 12.2012
Bankruptcy Manager AVP
JP Morgan Chase
03.2011 - 10.2011
Branch Operations Manager
Bank of America
01.2004 - 01.2008
Underwriting Manager
Bank of America
01.2003 - 01.2004
Fulfillment Team Leader AVP
Bank of America
01.2002 - 01.2011
Underwriter
Bank of America
01.2002 - 01.2003
Underwriter
Republic Mortgage Insurance Company
01.2001 - 01.2002
Senior Loan Processor
Fifth Third Bank
01.2000 - 01.2001
Loan Specialist
North American Mortgage
01.1998 - 01.2000
High School Diploma -
Schaumburg Christian High School
No Degree - Business Administration And Management
Liberty University
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