Derek Schoeberl
Lakeville,MN
Summary
Adept at checking financial and property documents to determine repayment risk and loan value for different applications. Good judgment and advanced understanding of loan rules and processes.
Professional with strong background in mortgage underwriting. Skilled in risk assessment, loan analysis, and regulatory compliance. Strong focus on team collaboration and achieving results in fast-paced environment. Reliable and adaptable with excellent analytical and communication skills.
Overview
12
12
years of professional experience
Work History
Mortgage Underwriter
US Bank
03.2020 - 10.2024
- Approved or denied loans based on established criteria and underwriting guidelines.
- Identified possible fraud risks through meticulous evaluation of application materials, protecting both lenders and homebuyers from potential losses.
- Analyzed and verified applicant income, assets and credit history to support compliance with underwriting guidelines.
- Legends of Possible Award winner 2021-2022 for productivity and excellence.
Consumer Loan Underwriter
Wells Fargo
09.2016 - 02.2020
- Evaluated financial, income and credit documentation to make loan decisions.
- Analyzed applicants' financial status, credit and property evaluation to determine feasibility of granting loan.
- Facilitated on-time loan application completions by providing support to loan officers and processors.
- Determined whether loans up to $750,000.00 should be approved, declined or counter-offered.
- Loyalty Award winner 2017 Q1, 2017 Q2, 2017 Q4, 2018 Q1, 2018 Q2, 2019 Q2.
Mortgage Loan Processor
Wells Fargo
09.2014 - 09.2016
- Created and completed loan submission packages.
- Communicated with customers in person and via telephone to answer questions, process transactions and resolve issues.
- Evaluated financial statements and contacted institutions and customers to clarify details.
- Submitted completed loan applications, including recommendations for underwriting approval or denial.
Deficiency Resolution Analyst
Wells Fargo
04.2013 - 09.2014
- Gathered information about deficiencies in the mortgage process by speaking with individuals involved. (Customers, Processors, Underwriters)
- Monitored multiple databases to keep track of all company deficiencies.
- Conducted analysis to address loan issues which led to loans being able to be sold to investors.
Education
Bachelor of Science - Economics
University of Iowa
Iowa City, IASkills
- Document preparation
- Critical thinking
- Risk evaluations
- Hardworking mentality
- Organized
- Detail-oriented
Timeline
Mortgage Underwriter
US Bank
03.2020 - 10.2024
Consumer Loan Underwriter
Wells Fargo
09.2016 - 02.2020
Mortgage Loan Processor
Wells Fargo
09.2014 - 09.2016
Deficiency Resolution Analyst
Wells Fargo
04.2013 - 09.2014
Bachelor of Science - Economics
University of Iowa
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