David Schmitt
Lexington,KY
Summary
20 year risk professional focused on mitigating company risks while meeting profit goals by making strategic decisions based on sound criteria as skilled underwriter. Successful in leading teams and training junior staff to handle high workload to promote efficient practices. Proven expertise in identifying unacceptable risk and preventing fraud.
Overview
8
8
years of professional experience
Work History
Licensed Mortgage Underwriter
Peak Residential Lending
04.2023 - Current
- Evaluated loan applications, determining creditworthiness, assessing risk and establishing loan conditions.
- Approved or denied loans based on established criteria and underwriting guidelines
- Answer all scenario and loan structure questions for KY branch
- Underwriter on Conventional and FHA files, structured all KY branch KHC bonded, USDA and VA loan files for non-delegated submission
Licensed Underwriter
Hometown Lenders LLC
03.2019 - 04.2023
- Received underwriting credentials and DE certification to preform underwriting duties on all FNMA,. FMHLC, and FHA files.
- Documented underwriting decisions and provided evidence of compliance with applicable regulations.
- Facilitated all non-delegated loan submission for KHC bonded program
Director of Operations
Fairway Independent Mortgage
01.2016 - 03.2019
- Oversaw day-to-day production activities for multiple branches to promote efficiency
- Led the processing team and structured all FNMA, FMHLC, FHA, VA and USDA files for underwriting submission and clearing of all conditions for Clear to Close
- Direct Liaison with underwriting team from submission to post-closing.
Education
BBA - Finance
UNIVERSITY OF KENTUCKY
Lexington, KY 05.2003
Skills
- NMLS Registration #20037
- Application Analysis
- Analytical and Critical Thinking
- Eligibility Requirements
- Complex Problem-Solving
- Multi tasking
- Loan Product Knowledge
- Networking and Partnership Development
Timeline
Licensed Mortgage Underwriter
Peak Residential Lending
04.2023 - Current
Licensed Underwriter
Hometown Lenders LLC
03.2019 - 04.2023
Director of Operations
Fairway Independent Mortgage
01.2016 - 03.2019
BBA - Finance
UNIVERSITY OF KENTUCKY
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