DAWN SCHULTZE

Proficient on Encompass LOS along with VA, FHA, USDA, GSFA, CALHFA websites. Experienced processing of CONV., FHA, VA, USDA, Piggyback HELOC, CALHFA, GSAFA loan types

• Evaluated approvals against established bank and government lending standards.
• Handled any conditions sent from underwriting departments.
• Coordinated closing process with attorneys, title companies, and government clerks.
• Reviewed loan files for completeness, identified missing documentation, and generated condition lists for applicants.
• Provided quick turnaround times to maintain fast-past schedule.
• Worked with customers in person and via telephone to answer questions, process transactions, and resolve issues.
• Reviewed financial statements and contacted institutions and customers to clarify details.
• Prepared documents for underwriting by verifying client income, credit reports, and other information.
• Set up and completed loan submission packages.
• Collaborated with loan officers to develop strategies for managing loan application processing.
• Facilitated communication with loan applicants, underwriters and loan officers to optimize process and maintain updated information.
• Assisted loan officers with origination and closing processes to fastrack procedures and promote teamwork.
• Utilized loan origination software to process and track loan applications.
• Analyzed credit reports to determine eligibility of applicants and capacity for loan products.
• Collected and compiled paperwork such as title abstracts, insurance paperwork, loan files and tax histories.
• Verified credit histories, personal references and employment backgrounds for each applicant.
• Consulted with outside vendors to identify and resolve loan closing issues.
• Calculated debt-to-income ratios to determine maximum loan amounts and avoid overextending applicants.
• Stayed up to date on loan regulation changes, processing loan applications in compliance with current laws.
• Affirmed loan document accuracy to protect lenders from potential fraud.
• Tracked loan status and updated applicant information to inform lenders of changes to applicants' financial situation.
• Worked closely with loan officers, underwriters and closers to ensure on time closings along with escrow, title and builders.
• Condo approval requests also performed with in house condo approval and legal dept.

• This was a paperless work from home position processing all Conv
• FHA and VA loan types from start to finish using Point 9.0 paperless processing software
• Regulating pipeline for 30 day notice of action compliance.

• Responsible for processing all loan types from start to finish: Conventional, FHA 203b/203k and VA
• Conforming High Balance & Jumbo Loan types along with Freddie Relief Refi and DU Refi Plus
• In house and brokered out
• Using Encompass 360 paperless processing software.

• Underwriting Assistant duties included uploading and clearing all conditions (except for UTR conditions), 1 day pre-note verification of employment
• Obtain Condo Project Approval Cert
• Thru Efanniemae/Condo Project Manager
• Obtaining, reviewing and clearing 4506 and SSN verifications
• Assist brokers with status updates and questions to avoid underwriter disturbance whenever possible
• Later was put in charge of final prior to doc review of GFE/TIL for MDIA/RESPA compliance and re-disclosure if necessary
• This is to ensure 1GFE tolerances have not been exceeded to avoid any cost to cure at closing
• Also to ensure all initial disclosure dates and change of circumstance re-disclosure dates and fees do not interfere timely closings.

• Responsible for processing all loan types from start to finish for all Conventional, FHA and VA loans
• Processor duties included pre-qualifying of borrowers by obtaining all borrower documentation, running credit, reviewing all income documentation and ensuring debt ratios and LTV are within program guidelines
• Obtaining DO or LP approval, opening escrow, obtain title report and payoff demands or fully executed purchase contract & est hud
• Obtain est HUD to verify loan amount is sufficient to cover all closing costs, taxes, insurance and payoff amounts
• Obtain appraisal report and case number if FHA plus CAIVRS on govt
• Loan types
• Obtain flood cert and flood ins
• If in flood zone
• Obtain third party income verifications, verify employer 411 listing, order 4506 tax transcripts
• Review file for completeness and submit loan package in correct stacking order to underwriter for final loan approval
• (Order MI cert if direct lender) Provide loan approval to loan officer and gather any PTD conditions as quickly as possible
• Lock rate and verify fees with loan officer and order loan docs
• Coordinate doc signing, funding and recording to ensure the most timely closing possible
• This includes keeping all parties involved well informed during entire loan process
• (After 2010 GFE RESPA changes: issued initial disclosures and ensured proper re-disclosures issued due to any change of circumstances throughout the loan process and ensure GFE tolerances have not been exceeded to avoid any cost to cure at closing.)

• Processed all stand alone second TD's and HELOC's
• Drawing of loan documents using Doc Magic
• Worked closely with correspondents to coordinate timely closings
• Created lender guideline & pricing matrices and distributed to various Mortgage Brokers.

• Duties were same as Home Pride Mortgage above
• Diversified Mortgage later re-opened as Home Pride Mortgage.