Gayla Laughlin
Summary
Seasoned Senior Underwriter known for high productivity and efficient task completion. Possess in-depth knowledge of risk assessment and regulatory compliance. Skilled at financial analysis, and decision-making. Excel in communication, problem-solving, and teamwork to ensure optimal outcomes in underwriting processes.
Overview
16
16
years of professional experience
Work History
Sr. Underwriter
AD Mortgage
05.2025 - Current
- Reviewed, evaluated and approved and declined high-risk mortgage loan applications for compliance with company policies and procedures.
- Conducted detailed analysis of borrower creditworthiness by evaluating financial statements, tax returns and other related documents.
- Appraised value of collateral properties to determine their acceptability as security for loans.
Government Remote Underwriter
Flagstar Bank
05.2024 - 05.2025
- Communicated with clients regarding underwriting decisions and requirements.
- Analyzed financial information including income, assets, liabilities and credit history of applicants.
- Established maximum loan amounts according to underwriting standards and communicated decisions to customers.
- Reviewed and evaluated loan applications to assess creditworthiness, risk and eligibility for approval.
- Maintained knowledge of changing regulations and guidelines in the mortgage industry.
Loan Specialist
Small Business Administration (SBA)
06.2023 - 05.2024
- Review Business loans that are currently in default for non payment
- Make collection efforts to obtain repayment or provide guidance for hardship accommodations
- Send out final collection notices to borrowers
- Complete system Charge offs for loans in default
Government Remote Underwriter
Flagstar Bank
06.2020 - 01.2023
- Review and Analyze FHA; VA; IHFA, Texas, Manufactured Homes; Conventional and High Balance loans
- Review Credit, Income, Assets and Collateral Documentation
- Calculate Income using paystubs, W2’s, 1040’s, 1065’s, 1120 and 1120s tax returns. As well as RSU Income.
- Identification of compensating factors to mitigate the given layered risks. Examine loan documentation for accuracy and completeness.
FHA Remote Underwriter
Keller Mortgage
10.2019 - 05.2020
- Review and Analyze FHA; Manufactured Homes; Conventional, High Balance and Jumbo Loans
- Makes underwriting decisions based on investor guidelines, established lender policies and equitable judgment. Prompt and accurate reviews of underwriting conditions for final approval and funding.
- Leveraged knowledge of loan products to help restructure turned-down loans for subsequent approvals. Ensured that lending standards are met, and that adverse actions were accurately and soundly justified.
- Interacted with the sales group and direct the course of actions on complex file issues.
- Second Reviewed loans for accuracy and completeness, while giving gentle criticism on what needs to be worked on in order for the loan to meet lender and investor guidelines.
Construction Loan Processor
CLM Group
08.2018 - 10.2019
- Process draw/disbursement requests from General Contractors for payment. Respond to requests from contractors for inspection.
- Utilization of macro-laden Excel workbook to analyze draw financials Review and collect all required documents (lien releases, inspection reports etc.) to support compliance of bank/lender funds disbursement.
- Communication to lenders, borrowers and general contractors with the intent to problem solve, highlight issues that prevent progress and gain buy-in Utilize Quick Books Enterprise Solutions for preparation of funds disbursement Record retention of all communication, budget.
FHA Remote Underwriter
LoanDepot.com
09.2017 - 08.2018
- Analysis of loan applications submitted by Mortgage Brokers, and Account Executives, issuing decisions best benefiting borrower, Broker and Investors. Evaluates borrower's eligibility in terms of creditworthiness, assets, income, collateral and overall profile.
- Ensure that lending standards are met and that adverse actions were accurately and soundly justified. Ensure all FHA loans meet HUD 4000.1 handbook.
- Determines the profitability, liquidity and leverage capacity of self-employed borrowers.
FHA Underwriter
New Penn Financial, LLC
08.2015 - 09.2017
- Review and Analyze FHA; Conventional, High Balance and Jumbo Loans
- Review Credit, Income, Assets and Collateral Documentation
- Calculate Income using paystubs, W2’s, 1040’s, 1065’s, 1120 and 1120s tax returns. As well as RSU Income and 12-24 month Bank statement loans.
- Identification of compensating factors to mitigate the given layered risks. Examine loan documentation for accuracy and completeness.
Corporate Underwriter
Bank of America
06.2009 - 08.2015
- Evaluates borrower's eligibility in terms of creditworthiness, assets, income, collateral and overall profile. Determines the profitability, liquidity and leverage capacity of self-employed borrowers. In-depth analysis of appraisal reports to validate the collateral value, and secondary market salability. Identification of compensating factors to mitigate the given layered risks.
- Underwrote Jumbo Loans for Merril Lynch clients
- Reviewed files for Loss Mitigation claims. Ensured loan files met Investor and Bank guidelines at time of funding. Completed a rebuttal statement to ensure claims were paid.
- Underwrote Jumbo and Super Jumbo Residential Mortgage loans
Skills
- FHA
- Conventional
- Manufactured Housing
- High Balance
- Manually Underwritten Loans
- Wholesale
- Retail
- Correspondent
- HELOCs
- Complex Income analysis
- RSU Income
- Mitigate Risk
- Compliance
References
Available Upon Request
Timeline
Sr. Underwriter
AD Mortgage
05.2025 - Current
Government Remote Underwriter
Flagstar Bank
05.2024 - 05.2025
Loan Specialist
Small Business Administration (SBA)
06.2023 - 05.2024
Government Remote Underwriter
Flagstar Bank
06.2020 - 01.2023
FHA Remote Underwriter
Keller Mortgage
10.2019 - 05.2020
Construction Loan Processor
CLM Group
08.2018 - 10.2019
FHA Remote Underwriter
LoanDepot.com
09.2017 - 08.2018
FHA Underwriter
New Penn Financial, LLC
08.2015 - 09.2017
Corporate Underwriter
Bank of America
06.2009 - 08.2015