Heidi Bozorg
Carmichael,CA
Summary
Conscientious well organized professional with demonstrated success as a Senior Credit Underwriter coupled with over 26 years in management, Operations, Quality Control /Audit rendering solid underwriting decisions. Advanced in compliance with government laws and guidelines in the conforming arenas. Challenge-driven, results-oriented professional with comprehensive knowledge in mortgage lending industry. Team Oriented and able to mentor direct and support a diverse group of individuals. Highly organized with the ability to prioritize time / tasks to optimize productivity. Effective problem-solver adept in analyzing critical situations and creating solutions to complex issues.
Overview
27
27
years of professional experience
Work History
Mortgage Loan Analyst
Freelance Consultant
Sacramento, CA
09.2021 - Current
- Assistance to independent loan originators.
- Recommend the appropriate loan program based on the borrowers needs and financial circumstances including credit history, assets, debts, investments, and amount of the loan.
- Responsible for the thorough review of loans prior to submission reviews of externally processing & underwritten.
- Complete reviews of loans that will be underwritten as a prior-approved loans with the company’s investors and providing feedback to Loan Officers ,
- structuring loans prior to submission according to the agency and the investor guidelines.
- strong knowledge for complex Self employed tax returns and financial statements to determine ongoing cash flow to support loan repayment.
Sr FHA & Conventional Mortgage Underwriter
Freedom mortgage
Remote/ Mt Laurel , NJ
03.2020 - 06.2021
- Analyzed applicant assets and credit history to determine willingness and capacity to repay proposed mortgage obligation.
- Analyzed loan risk and reviewed loan conditions and requirements.
- Reviewed titles and validate appraisals to properties to meet insurer and guarantor guidelines.
- Collaborated with loan originators and processors to correctly review and assess applications and risks.
- Maintained compliance with company and regulatory policies.
- Resolved document mistakes and discrepancies and identified signs of fraudulent activity.
- Determined loan eligibility and approved or rejected applications.
- Approved or denied loan applications and explained reasoning behind decisions.
Sr Government FHA Underwriter
Golden 1 Credit Union
Sacramento, CA
02.2016 - 09.2019
- Delivered credit recommendations based on thorough risk assessment
- Ensure creditworthiness of purchase/refinance mortgage loans by analyzing and review of submitted documentation
- With assistance of UW Manager collaboration implemented FHA/ HUD lending policy for credit union and passing of HUD’s test cases requirement for lender eligibility
- Assist and coach junior underwriter, processors, loan originators with FHA Guidelines.
- Analyze and responsible on reviewing single family up to 4 unit properties appraisal report meeting HUD’s requirements
- Evaluated loans against portfolio and investor guidelines.
- Identified needs of customers promptly and efficiently.
- Recognized by management for providing exceptional customer service.
Sr. FHA & Conventional Underwriter
Homestreet Bank- Wholesale Lending
Roseville, CA
06.2015 - 01.2016
- Promoted high customer satisfaction by resolving problems with knowledgeable and friendly service.
- Conducted thorough underwriting analysis of residential mortgage loans (conventional/FHA)
- Focused on preventing fraud and mitigating risk by reviewing loan documents and collaborating with loan originators, processing team, and borrowers to ensure completion of loan transactions.
- Identified credit-related issues and potential points of risk, collaborating with borrowers, associates, and other sources to ensure quality assurance standards were met.
- Prioritized and organized tasks to efficiently accomplish service goals.
Sr Underwriter -SASE IV Level
Bank of America Home Loans
Rancho Cordova, CA
09.2013 - 06.2015
- Conventional/ portfolio/commercial senior Underwriter with $5MM lending authority
- Conducted comprehensive analysis and evaluated risk to control underwriting loss.
- Maintained Quality Control and underwriting risk quality of 100%.
- Second-level reviews on number of loans submitted for approval, or denial.
- Proficient with Core Logic/ Fraud Guard/ Early Check/Real Quest reports in order to Quality Control that’s in line for DOC & Funding.
- Responsible for maintaining my pipeline which pertains to REG B, RESPA or HMDA for its various reasons.
- Utilized understanding of underwriting guidelines to keep work in line with government regulations and company requirements.
- Recognized by management for providing exceptional customer service.
Sr Wholesale Non-QM/Conventional Mortgage Underwriter
Ever Bank Wholesale Lending
Roseville, CA
09.2012 - 09.2013
- Extensive thorough understanding of credit and ability to review complex financial documents.
- Completed test cases successfully and received signing authority on purchases & refinance of conventional loans up to $1.5mm
- Federal Tax Filing with all schedules; Strong knowledge of manual SE income calculation as well as automated income validation.
- Review of complete loan package, transmittal summary, 1003, and all pertaining docs to make sound credit recommendation; complete with AUS findings (DU/DO/LP) & QC Audit FHA purchases.
- Worked successfully with diverse group of coworkers to accomplish goals and address issues related to products and services.
- Complete knowledge of appraisal report and how to interpret to ensure value is supported and that appraiser has provided sound accurate report.
- Prioritized and organized tasks to efficiently accomplish service goals.
- Assisted with customer requests and answered questions to improve satisfaction.
- Demonstrated leadership by making improvements to work processes and helping to train others.
Commercial Credit Officer
Hanna Homes Construction Inc.
Melbourne, Florida
09.1996 - 05.2009
- Prepared financial forecasts to support fiscal planning and management.
- Negotiated and managed contractual agreements to secure ideal terms and drive effective financial engagements.
- Strong understanding of construction loan disbursement processing, including lien waivers, title.
- Prepared and supervised loan packages for presentation to bank loan committee.
- Developed systems to protect company assets and report accurate financial results.
- Excellent customer service skills.
- Coordinated financial statement reviews to coordinate variance reporting, analysis of year-to-date and forecast performance against expectations.
- Guided internal audits, risk assessments and compliance monitoring.
Sr Conventional Consumer Underwriter
Wells Fargo Home Loans
Sacramento, CA
Lead Credit Underwriter
Euro International Mortgage Corp
Boca Raton, FL
Consumer III Loan Mortgage Underwriter
Bank of America Home Loans
Cocoa Beach, FL
Consumer III Home Loan Underwriter
Wachovia Mortgage
Melbourne, IA
Education
Bachelor of Science - Mathematics Education
Slippery Rock University of Pennsylvania
Slippery Rock, PA05.1996
Skills
- Designated Endorsement Underwriter by HUD/ since 1998
- Knowledge of new construction and draw mortgage underwriting required (FHA 203K & Conventional), wholesale non-QM loans
- Credit Risk/Fraud Detection (LexisNexis) and Quality Control Awareness
- Forensic Underwriting – Audit for FNMA/FHMLC Loans in default & foreclosure
- Expert HVCC & Appraisal review
- Knowledge of VA loan process
- knowledgeable in CRA, HMDA, ECOA, FHA, Truth in Lending and FCRA and compliance
- 2nd Level review through Quality Control Audit
- Credit coach for Jr underwriters & processors
- Knowledge of portfolio , Commercial , Multifamily and SBA loans
- Complex Tax return Income calculation accuracy
- Strong analytical and decision making/problem solving skills
- Proven analytical and organizational skills and demonstrated ability to prioritize and multi-task
Timeline
Mortgage Loan Analyst
Freelance Consultant
09.2021 - Current
Sr FHA & Conventional Mortgage Underwriter
Freedom mortgage
03.2020 - 06.2021
Sr Government FHA Underwriter
Golden 1 Credit Union
02.2016 - 09.2019
Sr. FHA & Conventional Underwriter
Homestreet Bank- Wholesale Lending
06.2015 - 01.2016
Sr Underwriter -SASE IV Level
Bank of America Home Loans
09.2013 - 06.2015
Sr Wholesale Non-QM/Conventional Mortgage Underwriter
Ever Bank Wholesale Lending
09.2012 - 09.2013
Commercial Credit Officer
Hanna Homes Construction Inc.
09.1996 - 05.2009
Sr Conventional Consumer Underwriter
Wells Fargo Home Loans
Lead Credit Underwriter
Euro International Mortgage Corp
Consumer III Loan Mortgage Underwriter
Bank of America Home Loans
Consumer III Home Loan Underwriter
Wachovia Mortgage
Bachelor of Science - Mathematics Education
Slippery Rock University of Pennsylvania