Summary
Overview
Work History
Education
References
Timeline
Generic

Doreen Schear

Spring Valley,NV

Summary

Senior Loan Processor with over 25 years of experience managing high-volume loan pipelines, specializing in new construction, purchase, and jumbo transactions. Proficient in FHA, VA, USDA, and Conventional loans, with additional expertise in non-QM and DSCR programs. Consistently recognized as a top performer, achieving critical deadlines while ensuring accuracy and compliance through proactive communication.

Overview

24
24
years of professional experience

Work History

Senior Loan Processor

Jet Home Loans, LP
Jacksonville, FL
06.2021 - Current
  • Managing 100% new construction builder loans from land acquisition to final funding.
  • Liaise with builders, borrowers. 3rd party contacts and internal teams to ensure timely closings
  • Working directly with buyers to gather loan documents from start of process (vacant land to completed home) through funding of loan once home is complete
  • Prepare and review documentation for FHA, VA, USDA, Jumbo and conventional loans. Brokering out non-QM and DSCR loans to The Lender.
  • Updating Sales Team and Management teams weekly on status of active loans
  • Consistently ranked #1 or #2 for funded loans on the team
  • Mentor and onboard new processors.
  • Provide weekly pipeline report to sales and leadership.
  • 1 out of 2 processors in the company to be chosen to pilot the SalesForce program.

Senior Loan Processor

Watermark Capital, Inc
Irvine, CA
06.2020 - 11.2021
  • Processed full-cycle loans including purchases and refinances.
  • Calculated income, reviewed assets, ran AUS, and prepared files for underwriting.
  • Ensuring rate lock expirations dates and close of escrow dates met in a timely manner
  • Maintained compliance with lock expirations and closing deadlines.
  • Communicating with borrowers and Loan Officers to keep them updated on loan status

Senior Loan Processor

Guaranteed Rate
Las Vegas, NV
05.2018 - 06.2020
  • Top 2 monthly in local office for loan fundings.
  • Managed pipeline including USDA, E-Housing, FHA , VA and Jumbo loans.
  • Work closely with borrowers and internal contacts to ensure on time closings
  • Ordered CDs and coordinated with closing departments.

Sr. Loan Processor

BOFI Federal Bank
Las Vegas, NV
06.2017 - 05.2018
  • Maintained pipeline of 35-45 loans, heavily focused on purchases.
  • Coordinated with underwriting and closing for loan funding.
  • Processed FHA, VA and conventional loans
  • Worked with underwriting and closing to get loans funded and shipped

Sr Loan Processor

Alliance West Mortgage, Inc
Lake Forest, CA
04.2016 - 06.2017
  • Specialized in brokered loans, managing files from submission to funding across multiple lenders.
  • Maintained a pipeline of 25-35 loans, approximately 90% purchase transactions.
  • Submitted complete loan packages to various wholesale lenders, meeting each lender's unique guidelines.
  • Coordinated closely with loan officers, escrow agents, and realtors to meet strict close-of escrow timelines.
  • Reviewed income, credit, and asset documentation before submission to ensure clean approvals.

Sr Loan Processor

Loan Depot
Foothill Ranch, CA
10.2012 - 04.2016
  • Managed a pipeline of up to 60 loans, ensuring timely and efficient processing through all stages of the loan lifecycle.
  • Collaborated with borrowers to gather and resolve loan conditions, facilitating smooth and accurate closings.
  • Thoroughly reviewed appraisals, titles, and other critical documentation for accuracy and compliance with regulatory requirements.
  • Prepared closing documents and coordinated with title companies, attorneys, and other stakeholders to ensure smooth and timely closings.
  • Collected and cleared prefunding conditions, reducing loan risks and ensuring compliance before final approval.

Sr Loan Processor

CashCall Mortgage
Anaheim, CA
11.2010 - 10.2012
  • Managed a pipeline of no less than 40 loans
  • Gathered all conditions from borrowers (signed disclosures, W-2s, pay stubs, etc)
  • Calculated income for borrowers (including rental income from tax returns)
  • Reviewed appraisals and title for accuracy
  • Assembled loan documents and scheduled signings

Sr Loan Processor

Dynasty Mortgage
San Diego, CA
09.2001 - 10.2010
  • Managed a pipeline of 80 loans
  • Trained and managed new processors
  • Provided branch manager and CEO with accurate production reports
  • Handled all files from origination to funding
  • Provided full production reports to branch manager

Education

Associate of Arts - Paralegal

Orange Coast Community College
Orange, CA
07-2010

References

References available upon request.

Timeline

Senior Loan Processor

Jet Home Loans, LP
06.2021 - Current

Senior Loan Processor

Watermark Capital, Inc
06.2020 - 11.2021

Senior Loan Processor

Guaranteed Rate
05.2018 - 06.2020

Sr. Loan Processor

BOFI Federal Bank
06.2017 - 05.2018

Sr Loan Processor

Alliance West Mortgage, Inc
04.2016 - 06.2017

Sr Loan Processor

Loan Depot
10.2012 - 04.2016

Sr Loan Processor

CashCall Mortgage
11.2010 - 10.2012

Sr Loan Processor

Dynasty Mortgage
09.2001 - 10.2010

Associate of Arts - Paralegal

Orange Coast Community College

Similar Profiles

CREATE PROFILE