Huy Nguyen
Garden Grove
Summary
SUMMARY Mortgage underwriter known for strengths in risk assessment, income/credit analysis and documentation review. Consistently commended for the timely and accurate completion of compliant loan packages facilitating volume growth while preserving book-of-business quality. Comprehensive knowledge of underwriting guidelines and restrictions for conventional and government-insured loan programs for both conforming and nonconforming mortgages. Work collaboratively with team members to drive deals to successful funding and close.
Overview
14
14
years of professional experience
Work History
Senior Mortgage Underwriter
Better Mortgage
02.2020 - 04.2022
- Responsible for training of unit personnel to include new employee and existing staff
- Applied knowledge of underwriting guidelines to maintain compliance with applicable regulations and company standards.
- Made careful determinations based on skilled analyses of submitted documentation covering credit histories, employment records, and current financial status.
- Serves as subject matter expert in RE related projects and works collaboratively with multiple departments throughout project planning, development and implementation
- Maintained mortgage program compliance with federal agencies such as FHLMC, and FNMA.
- Lead Underwriter in VPAL Purchase Program & AMEX Preapproval.
Underwriting Supervisor
Wescom Federal Credit Union
01.2017 - 01.2020
- Supervised Underwriting team of 12 Underwriters which included responsibility for employee performance, customer service and expenditures
- Managed teams workflow/pipeline including running pipeline reports, assigning work, performing status checks and reassigning work in order to ensure customer service and unit procedures/metrics were met
- Prepared credit analysis write-up and presentation to credit committee for portfolio loan approval
- Implemented innovations in workflow processes and procedures to improve efficiencies and capitalize on strengths of individual team members consisting of underwriters to improve Member service levels
- Supported regulatory audits for HDMA, RESPA, S.A.F.E act, Regulation Z and internal audits
- Assist VP of Real Estate in gathering Real Estate Pipeline data and Market trend analysis for ALCO meeting
- Served as primary point of escalation for Partner Credit Unions questions related to investor guidelines and product specifications for CUSO Mortgage Channel
Real Estate Production Senior
UNIFY Financial Credit Union
08.2014 - 01.2017
- Motivate, coach and direct the team of mortgage loan originators, Processors and Underwriters
- Directs and oversees staff training, ensuring that all staff is properly trained on UNIFY Financial Credit Union policy and procedures as well as compliance with state and federal regulations
- Assists VP of Lending in creating & documenting mortgage processing/ LOS internal policies and procedures
- Builds, maintains good working relationships and interacts with vendors
- 2nd sign Jumbo loan with authority up to $1Million
- Prepared credit analysis write-up and presentation to credit committee for portfolio loan approval
- Supported regulatory audits for HDMA, RESPA, the S.A.F.E act, Regulation Z and internal audits
- Identify transaction components that indicate a potential for fraud and perform sufficient investigative work to resolve issues that are identified
- Provides continuous feedback to management in the form of reports, charts and statistics
- Assists in identifying and developing processes and training of functionality improving workflows and work queues of end-users
- 2nd sign on Recommend for Decline loan to ensure all possible counter offer been consider prior to issues Adverse Notice
- Prism Award’s nominee and winner for Rookie of the Year
- Increased funding’s per employee by 12% by streamlining processing flow
Loan Document Specialist 3/ Subject Matter Expert
Wells Fargo Home Mortgage
01.2013 - 10.2013
- Interpreting policies while analyzing and validating applicant, property and documentation
- Professional experience analyzing financial statements
- Professional experience processing conforming and non-conforming loan
- Analyze problems to identify significant factors
- Managed over 60 loans in pipeline per month
- Coordinate with Underwriters, Lending Managers and Lending Officers to close complex loans
- Strong knowledge of Fannie Mae/ Freddie Mac’s Conventional/Harp guidelines
Mortgage Loan Underwriter
Direct Lending LLC
01.2008 - 12.2012
- 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.
- Determined credit risks by reviewing files in advance and comparing data against internal checklists and guidelines.
- Worked with processing team members to communicate errors and obtain missing information for current applications.
- Evaluated performance of less experienced underwriters and helped improve overall work quality by implementing improvement plans.
Education
High School Diploma -
Ocean View High School
Huntington Beach, CA06.2008
Skills
- Lending & Underwriting Guidelines
- Credit & Income Analysis
- Self income Analysis
- Conventional Mortgages
- Conforming & Nonconforming Loans
- Risk management
- Analytical and Critical Thinking
- Teamwork and Collaboration
- Policy Development
Accomplishments
- Supervised team of 15 staff members.
- Successfully Setup a Credit Committee consistence of VP of Real Estate, Director of Origination , & Underwriting Manager
- Team Lead Project on new system implantation
- Successfully Launch Pilot Purchase Program to streamline the process of a Purchase transaction and increase COE Capture rate.
- Successfully Launch Underwriting HelpDesk Mail box to provide exceptional support to MLOs
- Decreased deficiencies on external audit findings by providing Common Error job aides to Underwriters
- Created Underwriting & Reserve guidelines for Jumbo loan products along with underwriting matrices, overlay’s, and job aides for GSE products
- Up to $2MM Jumbo Signing Authority
Timeline
Senior Mortgage Underwriter
Better Mortgage
02.2020 - 04.2022
Underwriting Supervisor
Wescom Federal Credit Union
01.2017 - 01.2020
Real Estate Production Senior
UNIFY Financial Credit Union
08.2014 - 01.2017
Loan Document Specialist 3/ Subject Matter Expert
Wells Fargo Home Mortgage
01.2013 - 10.2013
Mortgage Loan Underwriter
Direct Lending LLC
01.2008 - 12.2012
High School Diploma -
Ocean View High School
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