Eric Patton
Mission Viejo,CA
Summary
Top-notch Underwriter with solid experience in financial services. Proficient in determining level of risk for lenders using strong mathematical and statistical skills. Conscientious and committed to adhering to standards, underwriting guidelines and authority levels.
Overview
17
17
years of professional experience
Work History
Senior Underwriter
Change Home Mortgage
2022.02 - 2023.01
- Examined credit reports, financial statements and tax returns to determine repayment capability.
- Determined and documented loan conditions and communicated requirements and decisions.
- Analyzed credit, income, compliance, title documents, and appraisals during underwriting process.
- Maintained mortgage program compliance with federal agencies such as VA, HUD, and FNMA.
- Approved or denied loans based on established criteria and underwriting guidelines.
- Worked with processing team members to communicate errors and obtain missing information for current applications.
Senior Underwriter
Mega Capital Financial
2021.11 - 2022.01
- Approved or denied loans based on established criteria and underwriting guidelines.
- Analyzed and verified applicant income, assets and credit history to support compliance with underwriting guidelines.
- Trained junior team members in underwriting procedures and loan quality grading standards.
- Evaluated loan applications, determining creditworthiness, assessing risk and establishing loan conditions.
Senior Non-QM Underwriter
Angel Oak Home Loans
2021.04 - 2021.06
- Monitored pipelines to track and log status of loans.
- Analyzed credit, income, compliance, title documents, and appraisals during underwriting process.
- Made approval and denial recommendations by determining accurate risk levels.
- Built strong relationships with lenders, brokers and clients.
Senior Underwriter
Loan Stream Mortgage
2021.02 - 2021.04
- Applied knowledge of underwriting guidelines to maintain compliance with applicable regulations and company standards.
- Analyzed and verified applicant income, assets and credit history to support compliance with underwriting guidelines.
- Worked with processing team members to communicate errors and obtain missing information for current applications.
- Developed and maintained relationships with investors to drive compliance with guidelines.
Senior Underwriter
Ocean Lending Group
2020.07 - 2021.01
- Applied knowledge of underwriting guidelines to maintain compliance with applicable regulations and company standards.
- Maintained mortgage program compliance with federal agencies such as VA, HUD, and FNMA.
- Developed and maintained relationships with customers, lenders and other third parties.
- Approved or denied loans based on established criteria and underwriting guidelines.
- Analyzed and verified applicant income, assets and credit history to support compliance with underwriting guidelines.
Senior Underwriter
Impac Mortgage Corp.
2019.01 - 2020.03
- Evaluated performance of less experienced underwriters and helped improve overall work quality by implementing improvement plans.
- Verified integrity of applicants' information to minimize fraud.
- Collaborated with loan officers and processors to obtain additional information and resolve discrepancies.
- Analyzed and verified applicant income, assets and credit history to support compliance with underwriting guidelines.
- Maintained mortgage program compliance with federal agencies such as VA, HUD, and FNMA.
- Approved or denied loans based on established criteria and underwriting guidelines.
Senior Underwriter
Citadel Servicing Corporation
2018.05 - 2019.01
- Analyzed and verified applicant income, assets and credit history to support compliance with underwriting guidelines.
- Maintained mortgage program compliance with federal agencies such as VA, HUD, and FNMA.
- Approved or denied loans based on established criteria and underwriting guidelines.
- Developed and maintained relationships with investors to drive compliance with guidelines.
Senior Underwriter
Loandepot
2017.10 - 2018.05
- Verified integrity of applicants' information to minimize fraud.
- Collaborated with loan officers and processors to obtain additional information and resolve discrepancies.
- Negotiated and communicated with loan officers, processors and loan applicants to reach satisfactory loan terms.
- Maintained mortgage program compliance with federal agencies such as VA, HUD, and FNMA.
- Approved or denied loans based on established criteria and underwriting guidelines.
Senior Underwriter
Home Point Financial Operations Center
2016.01 - 2017.09
- Applied knowledge of underwriting guidelines to maintain compliance with applicable regulations and company standards.
- Determined credit risks by reviewing files in advance and comparing data against internal checklists and guidelines.
- Maintained mortgage program compliance with federal agencies such as VA, HUD, and FNMA.
- Approved or denied loans based on established criteria and underwriting guidelines.
Senior Underwriter
Stearns Lending LLC
2015.02 - 2016.01
- Evaluated performance of less experienced underwriters and helped improve overall work quality by implementing improvement plans.
- Made careful determinations based on skilled analyses of submitted documentation covering credit histories, employment records, and current financial status.
- Verified integrity of applicants' information to minimize fraud.
- Reviewed team underwriting decisions to identify incorrect actions and reverse previous decisions when merited.
- Maintained mortgage program compliance with federal agencies such as VA, HUD, and FNMA.
- Approved or denied loans based on established criteria and underwriting guidelines.
Senior Underwriter
Ditech Mortgage
2014.01 - 2015.02
- Worked with processing team members to communicate errors and obtain missing information for current applications.
- Evaluated loan applications, determining creditworthiness, assessing risk and establishing loan conditions.
- Maintained mortgage program compliance with federal agencies such as VA, HUD, and FNMA.
- Analyzed and verified applicant income, assets and credit history to support compliance with underwriting guidelines.
- Approved or denied loans based on established criteria and underwriting guidelines.
Underwriting Supervisor
Pinnacle Mortgage Group
2005.04 - 2014.01
- Improved quality of department operations by implementing strategic process improvements.
- Motivated employees to improve performance through hands-on leadership, monthly reviews and proactive improvement planning.
- Liaised with sales and operations to facilitate communication and maximize workflow efficiency.
- Developed and led team of 7 underwriters.
- Examined credit reports, financial statements and tax returns to determine repayment capability.
- Earned and maintained exceptional service and performance scores.
- Made approval and denial recommendations by determining accurate risk levels.
- Documented underwriting decisions and provided evidence of compliance with applicable regulations.
Education
Associate of Science -
Saddleback College
Mission Viejo, CASkills
- Risk Evaluation
- Non-Prime Markets
- Government Lending
- Oral and Written Comprehension
- FHA Loan Processes
- Fraud Prevention and Detection
- Loan Modification
- Eligibility Requirements
- Microsoft Office
- Residential Loans
- Complex Problem-Solving
- FHLMC Guidelines
Timeline
Senior Underwriter
Change Home Mortgage
2022.02 - 2023.01
Senior Underwriter
Mega Capital Financial
2021.11 - 2022.01
Senior Non-QM Underwriter
Angel Oak Home Loans
2021.04 - 2021.06
Senior Underwriter
Loan Stream Mortgage
2021.02 - 2021.04
Senior Underwriter
Ocean Lending Group
2020.07 - 2021.01
Senior Underwriter
Impac Mortgage Corp.
2019.01 - 2020.03
Senior Underwriter
Citadel Servicing Corporation
2018.05 - 2019.01
Senior Underwriter
Loandepot
2017.10 - 2018.05
Senior Underwriter
Home Point Financial Operations Center
2016.01 - 2017.09
Senior Underwriter
Stearns Lending LLC
2015.02 - 2016.01
Senior Underwriter
Ditech Mortgage
2014.01 - 2015.02
Underwriting Supervisor
Pinnacle Mortgage Group
2005.04 - 2014.01
Associate of Science -
Saddleback College
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