Denerica Ross
Kissimmee,FL
Summary
Dynamic Corporate QC Underwriter at Hometown Equity Mortgage, LLC, (with active CHUMS) with established expertise in mentoring teams and optimizing loan approval processes.
Overview
16
16
years of professional experience
Work History
Corporate QC Underwriter
Hometown Equity Mortgage, LLC (NMLS #133519) dba theLender
Lake Forest, California
07.2024 - Current
- Review/Underwrite Conventional and Government mortgage loans in compliance with guidelines as well as investor and agency overlays. Utilize automated AUS systems or manually underwrite files when required.
- Verify accuracy of financial documentation, including bank statements and tax returns.
- Mentor junior underwriters on regulatory compliance and industry best practices.
- Maintain current knowledge of mortgage regulations and compliance requirements.
- Review property appraisals for adherence to lending standards.
- Prepare reports on loan activities for senior management review.
- Complete Second Level Review of loans for junior underwriters who are seeking to gain higher signing authority.
- Perform periodic reviews of existing loans for ongoing policy compliance.
Senior Mortgage Underwriter
MiLEND
Atlanta, GA
10.2021 - 04.2024
- Underwrote Conventional and FHA refinance and purchase mortgage transactions.
- Evaluated loan risk by analyzing credit, income, assets, and collateral.
- Prioritized workflow to consistently meet Service Level Agreement turn-times while maintaining productivity.
- Achieved results and met deadlines with minimal supervision.
- Assisted in internal and external audit requests to ensure compliance.
Underwriter II
Silverton Mortgage
Atlanta, USA
12.2020 - 10.2021
- Underwrote Conventional and FHA refinance and purchase transactions with precision.
- Ensured compliance with company, secondary market investor standards, and applicable laws.
- Completed thorough reviews to confirm loan eligibility in the secondary market.
- Assisted with internal and external audit requests to maintain operational integrity.
Underwriter III
Truist
Atlanta, USA
05.2020 - 12.2020
- Underwrote residential purchase and refinance loans for Wealth Management clients.
- Comprehensively evaluated risk by analyzing credit, income, assets, and collateral.
- Ensured compliance with secondary market standards through detailed reviews.
- Facilitated responses to internal and external audit inquiries.
Non-QM Underwriter (Wholesale)
Angel Oak Mortgage Solutions
Atlanta, USA
07.2019 - 04.2020
- Underwrote Non-Conforming Jumbo mortgage loans with strict adherence to guidelines.
- Ensured compliance with government, investor, and GSE standards during underwriting process.
- Issued loan approvals and declinations in accordance with RESPA and ECOA regulations.
Senior Mortgage Underwriter
Movement Mortgage LLC
South Carolina, USA
09.2016 - 10.2018
- Reviewed and approved large, complex conventional loan submissions using DU/LP.
- Implemented fraud detection techniques alongside compliance reviews.
- Assisted with necessary loan restructuring efforts when applicable.
Consumer Loan Underwriter III and IV
Wells Fargo Home Mortgage
Jacksonville, USA
04.2012 - 09.2016
- Reviewed, analyzed, and underwrote large, unusual, or complex conventional conforming loans.
- Performed complex self-employment income analysis.
- Performed collateral reviews.
Quality Control Specialist II
JP Morgan Chase
Jacksonville, USA
05.2011 - 04.2012
- Conducted quality assurance loan reviews of Imminent Default underwritten loans.
- Communicated findings in a detailed manner to both the underwriter and their direct management team.
Forensic Underwriter II
Digital Risk, LLC
Layoff/ project shut down
09.2010 - 01.2011
- Performed in depth forensic underwriting reviews of conforming, non-conforming, closed loan files in compliance with all applicable State and Federal laws and adherence to specific lender guidelines, with an emphasis on buy-back/put-back possibilities.
- These reviews included identifying potential fraud and/or misrepresentation on the part of all interested parties of the loan transaction.
Education
Edward Waters University
Jacksonville, Florida01-1992
Skills
- Credit analysis and risk management
- Underwriting software and guidelines
- Financial document analysis
- Compliance auditing
- Verbal and written communication
- Professionalism and diplomacy
- Fast-paced environment adaptability
- Customer service excellence
- Interpersonal skills and teamwork
- Problem solving and conflict resolution
- Organizational skills and attention to detail
- Minimal supervision capability
- Collaboration and effective time management
- Analytical thinking and trend analysis
- Subject matter expertise in mortgage regulations
- Policy interpretation and analysis
- Loan approval processes and risk assessment
- Customer relationship management and client building
- Quality assurance in underwriting calculations
Timeline
Corporate QC Underwriter
Hometown Equity Mortgage, LLC (NMLS #133519) dba theLender
07.2024 - Current
Senior Mortgage Underwriter
MiLEND
10.2021 - 04.2024
Underwriter II
Silverton Mortgage
12.2020 - 10.2021
Underwriter III
Truist
05.2020 - 12.2020
Non-QM Underwriter (Wholesale)
Angel Oak Mortgage Solutions
07.2019 - 04.2020
Senior Mortgage Underwriter
Movement Mortgage LLC
09.2016 - 10.2018
Consumer Loan Underwriter III and IV
Wells Fargo Home Mortgage
04.2012 - 09.2016
Quality Control Specialist II
JP Morgan Chase
05.2011 - 04.2012
Forensic Underwriter II
Digital Risk, LLC
09.2010 - 01.2011
Edward Waters University