Family, Avid Sports Fan, USA Waterpolo Supporter, Golf, Wake Boarding and Wake Surfing
Eric Hellar
Summary
Known for high standards, reliability, and flexibility in dynamic environments. Valued for strong analytical skills, attention to detail, and effective teamwork. Quality control professional with deep understanding of underwriting processes and risk assessment.
Overview
21
21
years of professional experience
Work History
Sr. Quality Control Underwriter
National Mortgage Insurance (NMI)
01.2023 - 08.2023
- Analyzed credit, income, compliance, title documents, and appraisals during underwriting process.
- Reviewed applicant documents such as tax returns, pay stubs, bank statements to verify their authenticity before processing them further.
- Developed new quality control tools that simplified the review process and increased overall productivity. Made suggestions to update QC Procedures manual.
- Monitored industry trends to stay current on best practices for quality control within the mortgage lending space.
- Maintained detailed records of all quality control activities, creating transparency and accountability within the department.
- Evaluated applications to determine insurance coverage and appropriate risk classifications.
Quality Control Manager
National Mortgage Insurance
07.2018 - 12.2022
- Managed staff of 5 QC Underwriters.
- Participated in regular audits with Fannie and Freddie, ensuring adherence to regulatory requirements and consistency across all loan files.
- Followed quality standards and procedures to minimize errors.
- Participated in regular management review meetings, providing updates on quality control performance and suggesting areas for improvement.
- Updated quality control standards, methods, and procedures to meet compliance requirements.
- Conducted weekly QC meetings with the team and SVP of Risk and QC.
- Made suggestions to the team and kept current QC Procedures manual.
Non-Delegated Underwriter
National MI
07.2014 - 06.2018
- Analyzed credit, income, compliance, title documents, and appraisals during underwriting process.
- Documented underwriting decisions and provided evidence of compliance with applicable regulations.
- Provided excellent customer service by addressing inquiries promptly and offering comprehensive explanations of underwriting decisions.
- Made approval and denial recommendations by determining accurate risk levels.
- Developed strong relationships with brokers, leading to a higher volume of quality submissions and successful underwriting.
- Examined credit reports, financial statements and tax returns to determine repayment capability.
- Determined and documented loan conditions and communicated requirements and decisions.
Mortgage Underwriter
California Mortgage Advisors
09.2012 - 06.2014
- 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.
- Determined credit risks by reviewing files in advance and comparing data against internal checklists and guidelines.
Compliance Underwriter
PMI Mortgage Insurance Co
09.2008 - 09.2012
- Reviewed and investigated foreclosed loans provided by the current servicer and originating lender who have filed a claim for mortgage insurance coverage.
- Due diligence when reviewing and investigating the income, assets, appraisals, title reports, settlement statement and AUS to ensure the lenders complied with FNMA and FHLMC guidelines and conditions.
- Corresponded with lenders to request any missing documentation required by the lender's underwriter and conditions.
- Composed rescission letters on rescinded loans and active participation in the negotiation process between the Compliance, Credit and Legal Department for the final disposition of the transaction.
Staff Underwriter
First California Mortgage Company
12.2007 - 08.2008
In-House Underwriter
Residential Pacific Mortgage
03.2007 - 08.2007
Sr. Underwriter
Paul Financial
10.2004 - 03.2007
Underwriter
Countrywide Mortgage
03.2002 - 10.2004
Education
Bachelor of Arts - Urban Planning
Sonoma State University
05.1992
Skills
- Insurance Verification
- Documentation Review
- Employment Verification
- Loan Underwriting
- Credit analysis
- Collateral analysis
- Risk Assessment
- Attention to Detail
- Appraisal review
Interests
Timeline
Sr. Quality Control Underwriter
National Mortgage Insurance (NMI)
01.2023 - 08.2023
Quality Control Manager
National Mortgage Insurance
07.2018 - 12.2022
Non-Delegated Underwriter
National MI
07.2014 - 06.2018
Mortgage Underwriter
California Mortgage Advisors
09.2012 - 06.2014
Compliance Underwriter
PMI Mortgage Insurance Co
09.2008 - 09.2012
Staff Underwriter
First California Mortgage Company
12.2007 - 08.2008
In-House Underwriter
Residential Pacific Mortgage
03.2007 - 08.2007
Sr. Underwriter
Paul Financial
10.2004 - 03.2007
Underwriter
Countrywide Mortgage
03.2002 - 10.2004
Bachelor of Arts - Urban Planning
Sonoma State University
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