Homer Hernandez
Carrollton
Summary
Experienced Vice President at Wells Fargo in Real Estate Securitization and Capital Markets (RESCM), specializing in origination, underwriting, closing, and portfolio management. With over 6 years in commercial real estate lending, I have managed portfolios of over $1 billion across diverse sectors, including land, multi-family, industrial, retail, hospitality, and office developments.
Overview
11
11
years of professional experience
Work History
Vice President- Lead Capital Markets Document Negotiator
WELLS FARGO BANK, N.A
Dallas
08.2022 - Current
- Support Real Estate Securitization & Capital Markets (RESCM) operations, including origination, underwriting, closing, and portfolio management.
- Prepare and negotiate legal agreements, such as term sheets and commercial mortgage loan repurchase agreements.
- Manage the closing, and funding of Real Estate Securitization & Capital Markets loans from receipt of application to final delivery and purchase.
- Collaborate with cross-functional teams to resolve complex issues and ensure proper document administration.
- Enhance portfolio reporting and client communication for improved transparency.
- Partner with internal teams (Legal, Operations) to streamline processes and strengthen relationships.
- Ensure compliance with standards and policies to mitigate risks.
- Contribute to strategic initiatives for process improvement and performance tracking.
- NCino/Salesforce Subject Matter Expert (Coach).
Vice President- Lead Commercial Loan Closing Specialist
WELLS FARGO BANK, N.A
Dallas
08.2022 - Current
- Manage the closing, and funding of commercial real estate loans from receipt of application to final delivery and purchase, proactively, being especially conscious of timeframes.
- Successfully closed over $1 billion in commercial real estate loans.
- Provide due diligence and other information to closing counsel following review and satisfaction of the condition of such due diligence.
- Review draft loan documents for accuracy and revise as necessary.
- Ensure all approved waivers are delivered to closing counsel, so all necessary and applicable conditions can be drafted into final loan documents.
- Oversee the funding process to ensure timely funding of each loan and ensure loans are delivered in a timely manner to meet their timing requirements.
- Conduct Compliance Due Diligence (CDD) for all loans.
- Maintain familiarity with the Flood Disaster Protection act (FDPA) and conduct reviews of flood insurance documents.
Senior Disbursement Analyst- Commercial Real Estate Loan Administration
JPMORGAN CHASE BANK, NA
Plano
02.2022 - 08.2022
- Managed a large portfolio of Real Estate Banking and Community Development banking, with an average loan size of $100 million.
- Interpret legal documentation and terminology relating to real estate transactions and Servicing.
- Working Closely with Construction Risk team to review, track and process monthly construction draws and ensure the construction budget is reconciled.
- Interact with insurance companies, monitor strict insurance requirements and update database with revised insurance information.
- Request and review title endorsements provided by title company for each draw submission.
- Reconciliation of Bank Controlled Accounts.
- Monthly setting and/or renewal of interest rates for clients: Fixed, LIBOR, PRIME, SOFR.
- Review, process and posting monthly interest advances on each loan.
First Level Officer-Commercial Real Estate Loan Closer
COMERICA BANK, N.A
Dallas
11.2019 - 02.2022
- Utilize knowledge of underwriting principals and the end-to-end loan process to review, analyze and interpret information in the Recap, to determine what is required to be captured in the system of record.
- Successfully managed the closing and funding of over 200 commercial real estate loans, totaling over $500 million.
- Determine required documentation based on the loan type and orders documentation from the appropriate source (National Document Preparation, Corporate Legal or outside legal counsel).
- Coordinate and execute all aspects of commercial loan closing from loan approval through closing. This includes communication with borrowers, engagement of third parties, communication with bank counsel, resolution of prerequisites to closing and capture of required data.
- Identify and resolve process or business-related obstacles to loan closing, escalate as needed.
Mortgage Loan Processor/Jr. Underwriter (NMLS 1203949)
HOME POINT FINANCIAL
Farmers Branch
01.2018 - 11.2019
- Review and verify borrowers' income, credit reports, employment histories, property appraisals and title insurance information to prepare loan applications for underwriting submittal.
- Evaluate the financial position of the mortgagor(s) to determine the appropriate workout options specific to the situation.
- Ensure compliance with company policies, underwriting guidelines, and lending-program requirements.
- Preparing and submitting a loan to QC Compliance once the sufficient conditions (appraisal has been received and all income, credit and assets conditions at a minimum) have been received within a reasonable time.
- Work files throughout the foreclosure process when workout options are not successful.
- Assist with short sales and deed in lieu.
Commercial Credit & Funding Analyst II
SANTANDER CONSUMER USA
Dallas
09.2014 - 06.2018
- Work directly with Santander's and Chrysler's Dealers, Funding, Sales Department and vendors, they ensure adherence to state, federal and internal credit regulations.
- Make decisions on credit applications quickly and accurately based on internal lending guidelines.
- Develop and maintain effective dealer relationships.
- Ensures credit decisions conform to credit guidelines regulatory expectations.
- Educate dealers on programs and funding requirement.
- Follow up with dealers on applications, approvals and pending contracts.
- Able to render competent credit-based decisions that mitigate risk and maximize profitability while conforming to overall portfolio performance review standards.
Mortgage Loan Processor S.A.F.E NMLS 1203949
WELLS FARGO BANK, NA
Westlake
05.2014 - 09.2014
- Timely and clear communication with customers, HMCs, settlement agents, brokers, and other counter parties to obtain missing information and documentation for the loan file.
- Obtaining and possibly clearing some approval stipulations.
- Submitting loan file to underwriting for review.
- Ensuring all compliance and underwriting guidelines are met.
- Entering loan information into the system.
- Prioritizing and/or managing assigned pipeline to meet anticipated closing date and performance metrics.
- S.A.F.E NMLS # 1203949.
Education
B.S - Business Administration/Management
Western Governors University
04-2027
Contract Law Certificate -
Harvard Law School
Skills
- Contract law
- Document negotiation
- Loan documentation
- Loan origination and underwriting
- Escrow management
- Support closings
- Real estate transactions
- Credit analysis
- Loan and transactions advisory
- Legal documentation
- Funds disbursement application
- Closing documentation
- Loan disbursement
- CRM proficiency
Timeline
Vice President- Lead Capital Markets Document Negotiator
WELLS FARGO BANK, N.A
08.2022 - Current
Vice President- Lead Commercial Loan Closing Specialist
WELLS FARGO BANK, N.A
08.2022 - Current
Senior Disbursement Analyst- Commercial Real Estate Loan Administration
JPMORGAN CHASE BANK, NA
02.2022 - 08.2022
First Level Officer-Commercial Real Estate Loan Closer
COMERICA BANK, N.A
11.2019 - 02.2022
Mortgage Loan Processor/Jr. Underwriter (NMLS 1203949)
HOME POINT FINANCIAL
01.2018 - 11.2019
Commercial Credit & Funding Analyst II
SANTANDER CONSUMER USA
09.2014 - 06.2018
Mortgage Loan Processor S.A.F.E NMLS 1203949
WELLS FARGO BANK, NA
05.2014 - 09.2014
B.S - Business Administration/Management
Western Governors University
Contract Law Certificate -
Harvard Law School