Dean Deme
Gardena,CA
Summary
Results-driven Loan Underwriter with 28 years of progressive experience in mortgage lending. Proven ability to mitigate risk through thorough financial analysis and adherence to regulatory guidelines. Aiming to enhance team performance and operational success through strategic decision-making.
Overview
16
16
years of professional experience
Work History
SENIOR UNDERWRITER
loanDepot
Irvine, CA
07.2024 - 05.2026
- Underwrote loans for self-employed borrowers and those with rental income, addressing unique financial situations.
- Underwrote loans per FNMA income guidelines, ensuring compliance and risk management.
- Managed underwriting/condition queues and monitored loan pipeline to facilitate timely processing of loan files.
SENIOR UNDERWRITER/ANALYST
MUFG Union Bank / U.S. Bank
Brea, CA
09.2015 - 04.2023
- Analyzed credit and income documentation including wages, retirement income, and self-employment (Schedule C/1065/1120S/1120), Asset Depletion, RSU for HELOC Underwriting
- Processed HELOC and Small Business loan applications, assessing eligibility to facilitate informed lending decisions.
- Communicated counteroffers and denials to internal staff, including Loan Officers and Private Banking Advisors, ensuring clarity and understanding of underwriting decisions.
- Monitored loan pipeline activities and maintained underwriting queues to support efficient processing.
- Addressed credit inquiries from internal and external stakeholders, providing exceptional customer service and enhancing stakeholder satisfaction.
FHA DE UNDERWRITER / SR LOAN MODIFICATION UNDERWRITER
Bank of America
Brea, CA
02.2011 - 09.2015
- Underwrote loan files in compliance with FHA guidelines using DU/LP, ensuring adherence to regulatory standards
- Evaluated loan modification files according to FHA, VA, and USDA guidelines, facilitating accurate decision-making
- Trained new Loan Modification Underwriters on guidelines and procedures to enhance onboarding effectiveness
SENIOR UNDERWRITER
Radian Mortgage Insurance / Lending Tree Loans
Irvine, CA
12.2009 - 01.2011
- Underwrote loans adhering to FNMA/FHLMC guidelines, leveraging Desktop Underwriter (DU) and Loan Prospector (LP) to ensure compliance and risk management.
- Underwrote loans in accordance with Radian Mortgage Insurance guidelines, ensuring accurate assessment of risk and eligibility.
- Analyzed borrower financial information to determine creditworthiness and eligibility.
- Collaborated with loan officers to gather necessary documentation for approvals.
Education
B.S. - Business Administration & Finance
California State University Long Beach
Skills
- FHA DE
- DU/LP
- Meridian Link
- Calyx Point
- Pipeline management
- Quality assurance
- Microsoft Office
- Time management
- Problem solving
- Adaptability
- Flexibility
- Communication
- Pipeline management
Websites
References
Available upon request
Earlier Career History
- Underwriter (FNMA/FHLMC & FHA DE), Lenders Rate Approval.com, Irvine, CA, 1993, 2009
- Operations Manager, 24Funding.com, Irvine, CA, 1993, 2009
- Regional Operations Manager, Innovative Mortgage Capital, Irvine, CA, 1993, 2009
- Underwriting Manager, Instant Capital Funding Group, Orange, CA, 1993, 2009
- Sr Underwriter (FNMA/FHLMC & FHA DE), Home Loan Center/Lending Tree Loans, Irvine, CA, 1993, 2009
- Sr Underwriter (FNMA/FHLMC & FHA DE), Bankers West Funding Corp., Newport Beach, CA, 1993, 2009
Timeline
SENIOR UNDERWRITER
loanDepot
07.2024 - 05.2026
SENIOR UNDERWRITER/ANALYST
MUFG Union Bank / U.S. Bank
09.2015 - 04.2023
FHA DE UNDERWRITER / SR LOAN MODIFICATION UNDERWRITER
Bank of America
02.2011 - 09.2015
SENIOR UNDERWRITER
Radian Mortgage Insurance / Lending Tree Loans
12.2009 - 01.2011
B.S. - Business Administration & Finance
California State University Long Beach