Summary
Overview
Work History
Education
Skills
Accomplishments
Golf
Languages
Timeline
Generic

David Chang

Somerville,NJ

Summary

Seasoned manager with expertise in areas in business development, maintaining long lasting relationships/partnerships, self-generated business, compliance operations, credit underwriting, closing coordination within the residential, commercial and new construction real estate in the New York and Tri-State area. Innovative leadership demonstrated through clear communication with lending officers and operations partners to drive a cultural change that continues to establish highest level of professionalism and customer service excellence. Performance-driven Vice President with over 10 years of experience aligning systems with business requirements, policies and regulatory requirements. Passionate about applying excellent organization and communication skills to manage and lead teams. Results-oriented individual well-versed in interfacing and consulting on business processes to drive results based on sound overall business judgment.

Overview

18
18
years of professional experience

Work History

Vice President, Branch Manager

Pulte Mortgage LLC
08.2020 - Current
  • Develop and implement mortgage application process from signing of contract to closing
  • Successfully improved Sign-up capture from 62.00% to a consistent 94.00%
  • Retention rate is 98% with closing numbers currently 96%
  • Manage day to day tasks with 14 Loan officers, 16 loan processors, 1 pipeline manager from call center with local team of five direct reports in New Jersey and Pennsylvania office - Successfully closing 358 purchase loan in 2021, 450 closing for 2022 and projected 392 closings for 2023
  • Manage, coordinate, and coach expectation with borrowers regarding the mortgage process
  • Execute performance goals established by the senior management team -Assist with all other special tasks or projects as directed by management -Strategize and execute community new openings and discuss mortgage products tailored for targeted audience
  • Create a sales culture that will drive top performance by implementing monthly trainings and 1 on 1 coaching monthly
  • Reach out to community such as real estate attorneys and real estate agents to increase brand awareness
  • Develop and maintain excellent working relationships internally and externally (i.e., with Northeast Region Division team members and with customers)
  • Demonstrated proficient leadership skills to motivate employees and build competent teams.
  • Hired and managed employees to maximize productivity while training staff on best practices and protocols.
  • Clarified roles, responsibilities and expectations of staff.
  • Collaborated with senior management to develop strategic initiatives and long term goals.
  • Identified opportunities to improve business process flows and productivity.
  • Identified and resolved issues between employees, promoting better collaboration and mutual respect.
  • Monitored industry trends, keeping current on latest changes and competition in industry.
  • Evaluated product development strategies and prepared alternative approaches to goal achievement.
  • Used market insights to capitalize on key business opportunities for new advantageous partnerships.
  • Collaborated with legal, accounting and other professional teams to review and maintain compliance with regulations.
  • Analyzed industry trends and tracked competitor activities to inform decision making.
  • Maintained P&L and shouldered corporate fiscal responsibility.
  • Initiated strategy to drive company growth and increase market share and profitability.
  • Devised and presented business plans and forecasts to board of directors.
  • Developed innovative sales and marketing strategies to facilitate business expansion.
  • Directed technological improvements, reducing waste and business bottlenecks.
  • Oversaw divisional marketing, advertising and new product development.
  • Shaped solutions and approaches by leveraging trends in customer marketplaces and industries.

Private Mortgage Banker

Wells Fargo, NA
03.2017 - 11.2019
  • Business development; to create, grow and sustain a transparent, long term relationship with real estate partners
  • Developing relationships with real estate agents, attorneys and all departments of Wells Fargo, N.A
  • In the tristate area
  • Responsible for bringing more than 1,500 relationships with real estate professionals to Wells Fargo, N.A
  • Educate and deliver consistent transparent communication with home buyers and homeowners the challenges of financing to set proper expectations
  • Work and manage internal operation team members such as processors, underwriters, credit risk teams and closing department to meet deadlines
  • Familiar with state subsidized financing programs such as SONYMA - Continuously challenging and redefining the meaning of customer service excellence
  • 35,000,000.00 closed in 2018; 90% purchases and 10% refinances - 96% overall customer satisfaction (Based on customer satisfaction surveys completed)
  • Communicated with clients, processing teams and other third parties to achieve prompt loan closings.
  • Maintained high level of customer satisfaction by providing prompt and accurate loan status updates.
  • Analyzed loan applications and credit reports to determine loan eligibility and risk level.
  • Negotiated loan terms and conditions with clients to maximize profitability.
  • Developed extensive network of referral partners to source new mortgage loan opportunities.
  • Developed and implemented marketing campaigns to generate new business opportunities.
  • Monitored portfolio performance and provided clients with periodic updates on loan progress.
  • Proactively identified solutions for customers experiencing credit issues.
  • Created strategies to develop and expand existing customer sales, resulting in increase in annual sales.

Pipeline Manager; Originator; Processor; Loan Closer, Quality

Guaranteed Rate, Inc
01.2013 - 03.2017
  • Collateral Review Quality Control Analysis, Underwriting Condominium and COOP Buildings in NYC - Manage high producing loan officers’ pipelines with focus on building their book of business while simultaneously managing operations staff
  • Reviewing loan submissions to ensure approvals based on investor guidelines for smooth transitions for operations
  • (ex
  • Review of tax returns, capital gains from investments, etc.) - Communicating with team and clients to deliver a clear expectation of closing date and meeting rate expiration dates - Solely managing and well versed in condominium and cooperative building approvals - Reviewing underwriting approvals to ensure loans will be acceptable/purchased from correspondent channels
  • 95% customer satisfaction based on overall loan experience with a pull through percentage of 98% - Negotiate, understand and trouble shoot any scenario with over 25 lenders (ex
  • Chase, Wells Fargo, Citibank, etc.) - Strong understanding of home insurance requirements, title reports and appraisal reports - Experienced use Fannie Mae Desktop Underwriter and Freddie Mac Open Access
  • Organized, managed and closed over 500 units with Guaranteed Rate
  • Closed $100,000,000.00 in 2014 closing with a top producer
  • Managing my own book of business that generates an average of $25,000,000.00 per year self-generated clients and attorneys - Detailed oriented from the start of the application and experienced in taking a loan from beginning to funding.

Private Client Mortgage Banker

JP Morgan Chase
07.2010 - 11.2012
  • Partnered with three bank branches retail staff and coached regarding home financing in Manhattan
  • Designed a business model to have personal bankers and financial advisors refer home buyer/homeowners - Cross selling bank products such as investments, banking accounts and business lines of credit - Self-managed pipeline of 30 loans per month with an average of 10 closings per month without designated support staff - Contributed to bank branch retail goals of 20% plus year over year as a direct result of cross selling and increasing 250% year over year mortgage volume for all branches.
  • Communicated with clients, processing teams and other third parties to achieve prompt loan closings.
  • Maintained high level of customer satisfaction by providing prompt and accurate loan status updates.

Loan Officer

RBS Citizens Bank N.A
03.2012 - 10.2012

Senior Loan Officer, Team Leader

Nationwide Equities, Corp
05.2009 - 07.2010

Senior Loan Officer, Team Leader

Fairfield Financial Mortgage Group
01.2009 - 05.2009

Senior Loan Officer, Team Leader

Mortgage Source LLC
10.2008 - 01.2009

Loan Officer

Shaw Mortgage Group, Inc
01.2006 - 10.2008

Education

Bachelor of Arts - Political Science

George Washington University, The
Washington, DC
01.2005

Skills

  • Attention to Detail
  • Clerical Support
  • Google Workspace
  • Self-Motivated
  • Problem-Solving
  • Analytical and Critical Thinking
  • Training and Development
  • Interpersonal Communication
  • Teamwork and Collaboration
  • MS Office
  • Organization and Time Management
  • Critical Thinking
  • Data Entry
  • Teambuilding
  • Dependable and Responsible
  • Written Communication

Accomplishments

  • Repeatedly received recognition from superiors for excellence in service.
  • Led the builder with more than 80 million in sales per year.
  • Implemented new quality assurance procedures to maximize customer satisfaction and loyalty.
  • Increased monthly revenue 451% through implementation of strategic initiatives.
  • Improved loan production 13% in a span of 2 years.
  • Resolved product issue through consumer testing.
  • Supervised team of 27 staff members.
  • Used Microsoft Excel to develop inventory tracking spreadsheets.
  • Collaborated with team of 90 in the development of Effective Communication across all departments.

Golf

22 year commitment to the game and actively striving to improve.  Passion and love for a game that one day will love me return.  

Languages

Korean
Limited Working

Timeline

Vice President, Branch Manager

Pulte Mortgage LLC
08.2020 - Current

Private Mortgage Banker

Wells Fargo, NA
03.2017 - 11.2019

Pipeline Manager; Originator; Processor; Loan Closer, Quality

Guaranteed Rate, Inc
01.2013 - 03.2017

Loan Officer

RBS Citizens Bank N.A
03.2012 - 10.2012

Private Client Mortgage Banker

JP Morgan Chase
07.2010 - 11.2012

Senior Loan Officer, Team Leader

Nationwide Equities, Corp
05.2009 - 07.2010

Senior Loan Officer, Team Leader

Fairfield Financial Mortgage Group
01.2009 - 05.2009

Senior Loan Officer, Team Leader

Mortgage Source LLC
10.2008 - 01.2009

Loan Officer

Shaw Mortgage Group, Inc
01.2006 - 10.2008

Bachelor of Arts - Political Science

George Washington University, The
David Chang