Elizabeth Machua
Loganville,GA
Summary
Result-driven mortgage underwriter, with over seven years' experience of mortgage underwriting and mortgage processing. Strong ability to make risk assessment decisions, demonstrates strong analytical, critical thinking and negotiating skills. Works well independently as well as part of a team. Proficient in reviewing extensive applications and supporting documentation. Maintains consistent pipelines and quick turnaround times with skilled handling of each customer's needs.
Overview
6
6
years of professional experience
Work History
Mortgage Underwriter
RADIAN
2 2020 - 02.2024
- Evaluated loan applications, determining creditworthiness, assessing risk and establishing loan conditions.
- Worked with processing team members to communicate errors and obtain missing information for current applications.
- Analyzed and verified applicant income, assets and credit history to support compliance with underwriting guidelines.
- Reviewed appraisals and title documents to verify accuracy and completeness.
- Approved or denied loans based on established criteria and underwriting guidelines.
- Verified integrity of applicants' information to minimize fraud.
- Maintained mortgage program compliance with federal agencies such as VA, HUD, and FNMA.
- Collaborated with loan officers and processors to obtain additional information and resolve discrepancies.
- Determined credit risks by reviewing files in advance and comparing data against internal checklists and guidelines.
- Improved loan approval rates by meticulously reviewing and verifying application documentation.
- Developed strong working relationships with external vendors for efficient management of property appraisals and title searches.
- Supported compliance with federal and state regulations by keeping abreast of changes and updating underwriting procedures accordingly.
- Identified possible fraud risks through meticulous evaluation of application materials, protecting both lenders and homebuyers from potential losses.
- Conducted comprehensive risk assessments for loan approvals, ensuring alignment with regulatory and company standards.
Senior Mortgage Loan Processor
FREEDOM MORTGAGE
01.2014 - 11.2019
- Improved loan processing time by streamlining the application review process and enhancing communication with clients.
- Contributed to the success of the mortgage team by providing essential support in the areas of loan documentation review, data entry, and client communication.
- Contributed to business growth through diligent work on complex loan applications that resulted in successful closings.
- Communicated with originator and applicant concerning progress of loan file.
- Analyzed borrower credit reports and income statements to verify accuracy.
- Provided exceptional customer service while guiding borrowers through the entire loan process from pre-qualification to closing.
- Facilitated smooth closing processes by collaborating effectively with title companies, appraisers, and attorneys.
- Managed a high volume of loan applications, consistently meeting or exceeding established processing timeframes for both new loans and refinancing.
- Handled any conditions sent from underwriting departments.
- Developed strong working relationships with real estate agents, further expanding referral networks for the company.
- Assisted underwriters in approving loans by verifying financial information and ensuring accurate documentation.
- Collaborated with Loan Officers to provide timely, accurate service for clients throughout entire mortgage process.
- Worked with customers in person and via telephone to answer questions, process transactions, and resolve issues.
- Improved approval rates with comprehensive background and credit checks on all mortgage applications.
- Ensured data integrity, meticulously entering loan information into database and updating records as necessary.
Education
Certified Mortgage Specialist -
Capstone Institute of Mortgage and Finance
Atlanta, GABachelor's degree - Public Accountancy
State University of New York (SUNY)
Albany, NYSkills
Encompass
Microsoft Office
Outlook
Teams
Excel
Excellent risk evaluation and pricing skills
Excellent analytical and critical thinking skills
Excellent attention to detail skills
Ability to prioritize and manage multiple tasks
Excellent negotiating and Customer service skills
Underwriting guidelines
Property Inspection
Credit analysis
Residential mortgage lending regulations
Collateral Valuation
Asset Statements
FNMA Guidelines
Debt-to-Income Ratios
Residual Incomes
Asset Appraisal
LTV Calculations
Analytical and Critical Thinking
Timeline
Senior Mortgage Loan Processor
FREEDOM MORTGAGE
01.2014 - 11.2019
Mortgage Underwriter
RADIAN
2 2020 - 02.2024
Certified Mortgage Specialist -
Capstone Institute of Mortgage and Finance
Bachelor's degree - Public Accountancy
State University of New York (SUNY)
Similar Profiles
Lynne ConleyLynne Conley
Disbursement Compliance Specialist at RadianDisbursement Compliance Specialist at Radian
Candi GalbreathCandi Galbreath
Appointment Scheduling Specialist at RadianAppointment Scheduling Specialist at Radian
Chiazam OdohChiazam Odoh
Business/Data Governance Analyst at RadianBusiness/Data Governance Analyst at Radian