Summary
Overview
Work History
Education
Skills
Affiliations
Timeline
Generic

Holly Schmidt

Hays,KS

Summary


Professional with strong background in loan management and customer service. Skilled in financial analysis, risk assessment, and regulatory compliance. Known for effective team collaboration and adaptability to changing needs. Consistently delivers results by leveraging problem-solving skills and attention to detail.

Overview

14
14
years of professional experience

Work History

Loan Specialist (Commercial) (Community Programs) GS-1165-12

USDA-Rural Development
03.2024 - Current
  • Responsible for over $200 Million in assets under management within Community Facilities and Water and Environmental Programs
  • Manage and oversee a portfolio of 75+ projects, ensuring timely program delivery, adherence to regulation and alignment with agency goals and priorities
  • Prepares financial analysis reports on the merits of a credit application, examining eligibility and all credit factors, and recommending approval or decline with supporting justification addressing mitigating terms and conditions suitable to protect the interest of the Government
  • Prepares written loan approval determinations or recommendations for loan approval and submits to approving official as appropriate.
  • Analyzes annual financial statements and reports on closed loans. Conducts security reviews on rural utility, community facility, and business projects. Reviews financial records to recommend loans for graduation and/or refinancing
  • Analyzes loan and grant applications for eligibility and conformance with Rural Development statutory regulations, policies, procedures and practices and inputs data into appropriate automated database systems
  • Counsels with financial customers, such as borrowers and lending partners, both orally and in writing, concerning financial position, eligibility, policy, procedures and practices bearing on the financial condition of financial assistance for small businesses.
  • Analysis of commercial loan applications characterized by limited financial data, complex corporate and financial structures with interlocking relationships with subsidiaries and other financial partners.
  • Assesses management skills to determine the potential for successful operation
  • Develops outreach and marketing strategic plans for assigned loan portfolio(s)
  • Manage project expenditures and oversees fund disbursements

Loan Specialist (Realty) (Single Family Housing) GS-1165-9

USDA-Rural Development
10.2021 - 03.2024
  • Works with loans and grants made or guaranteed by the government for very-low, low and moderate income families in rural areas to purchase, build or repair single family homes.
  • Reviews loan applications for completeness and conformance with all RD requirements
  • Analyzes and inputs data into appropriate automated database systems
  • Analyzes financial and credit data documents to make sound eligibility, feasibility, and credit-worthiness decisions
  • Prepares and approves conditional commitment, funding commitment and notification of loan closing, and certificate of eligibility
  • Provides applicants with the necessary credit counseling
  • Prepares draft loan closing documents and reviews these with the applicant
  • Reviews executed loan closing documents for completeness, accuracy, and adherence to all program requirements
  • Evaluates existing properties and proposed sites to assess environmental/historical impacts and to evaluate the suitability of structures and building lots for the program
  • Provided guidance to employees on proper TRID protocol
  • Responsible for mentoring new employees on 502 purchase loans

Mortgage Underwriter and Loan Operations Manager

ASTRA BANK
07.2019 - 10.2021
  • Review and analyze all loan documentation which include income, assets, credit, collateral, purchase contract, title and other required documentation.
  • Calculate accurate gross and net income, expenses, and ratios and assess borrower’s willingness and ability to repay loan and ensure they are within lending guidelines
  • Ensure all pertinent documents are properly executed and all documents are within guidelines
  • Provide loan decisions to include approval, counter-offer, or decline based on lending guidelines
  • Communicate with Loan Operations and Loan Officers in regards to loan decisions and additional documentation needed for loan applications
  • Review interest rates and rate locks
  • Managed and supervised database operations
  • Corrected errors caused the operations team
  • Assist in management of audits performed internally/externally in relations to Mortgage loans
  • Continuously reviewed guidelines to ensure loans were unwritten accordingly
  • Responsible for maintaining internal procedures and guidelines
  • Train new employees on current policy and procedures
  • Developed new manuals for new processors to use during training and onboarding
  • Managed and supervised 3-4 members of the operations team
  • Responsible for monthly employee reviews and progress

Residential Real Estate Loan Assistant II

ASTRA BANK
01.2015 - 07.2019
  • Review applications to verify that application data is complete and meets established standards.
  • Collect and track all documentation and information needed to send preliminary documents and closing documents in a timely manner.
  • Prepare all documentation needed from beginning to end of loan.
  • Organize closings with borrower, lender, title companies and sellers.
  • Contact appraisers, title companies and insurance agencies. Prepare HUDs, denials and withdrawals depending on outcome of loan.
  • Monitor for compliance with all state and federal regulations.
  • Upload new loan on system and check for accuracy.
  • Make sure all agencies have been paid and loan is funded.
  • Assist Mortgage Lender with any other duties to ensure loan is closed and customers are taken care of.

Teller/Customer Service Representative/Lender

SUNFLOWER BANK
10.2011 - 01.2015
  • Receive checks and cash for deposits and verify amounts.
  • Balance currency, coin and checks in cash drawers.
  • Carry out services such as making and/or ordering bank cards and checks.
  • Compile information about new accounts, enter account information into computers, and file related forms.
  • Explain, promote, or sell products or services such as checking accounts, savings account, certificate of deposits, and retirement accounts using computerized information about customers to tailor recommendations.
  • Process loan applications and work with qualified applicants on their loans.

Education

Bachelor of Science - Speech Language Pathology

Fort Hays State University
Hays, KS
05.2011

Skills

  • Telephone and email etiquette
  • Customer assistance
  • Documentation review
  • Loan underwriting
  • Credit analysis
  • Portfolio management
  • Credit assessment
  • Risk management assessments
  • Effective communication
  • Relationship building and management
  • Attention to detail
  • Problem-solving abilities

Affiliations

  • 2012-2022- Hays Area Young Professional member
  • 2015-2019-Soroptimist International of Hays member

Timeline

Loan Specialist (Commercial) (Community Programs) GS-1165-12

USDA-Rural Development
03.2024 - Current

Loan Specialist (Realty) (Single Family Housing) GS-1165-9

USDA-Rural Development
10.2021 - 03.2024

Mortgage Underwriter and Loan Operations Manager

ASTRA BANK
07.2019 - 10.2021

Residential Real Estate Loan Assistant II

ASTRA BANK
01.2015 - 07.2019

Teller/Customer Service Representative/Lender

SUNFLOWER BANK
10.2011 - 01.2015

Bachelor of Science - Speech Language Pathology

Fort Hays State University

Similar Profiles

CREATE PROFILE