James E Lafferty
Jacksonville,FL
Summary
Accomplished Senior Mortgage Underwriter with a proven track record at Heartland Bank And Trust, adept in loan underwriting expertise and demonstrating exceptional teamwork. Excelled in assessing risk, ensuring compliance with federal agencies, and contributing to departmental improvements. Achieved high approval rates while maintaining loan quality, showcasing analytical thinking and multitasking abilities.
Overview
16
16
years of professional experience
1
1
Certificate
Work History
Senior Mortgage Underwriter Lll Remote
Heartland Bank And Trust
2018.03 - 2024.07
- Evaluated retail and wholesale loan applications, determining creditworthiness, assessing risk and establishing loan conditions.
- Reviewed credit, income, assets, appraisals and title documents to verify accuracy and completeness.
- Demonstrated sound decision-making in approving or denying loans based on comprehensive assessments of borrower's creditworthiness and risk factors.
- Maintained mortgage program compliance with federal agencies such as VA, HUD, FNMA, FHLMC, Portfolio, Community Lending and Down Payment Assistance Programs.
- Contributed to the development of departmental guidelines and procedures by actively participating in meetings and sharing expertise as needed.
- Managed a diverse portfolio of mortgage applications, consistently meeting strict deadlines while maintaining attention to detail.
- Proficient in use of DU, LP, Encompass, Word, Excel, FHAC, VA Weblgy and Jack Henry.
- Negotiated and communicated with loan officers, processors and loan applicants to reach satisfactory loan terms.
Senior Mortgage Underwriter II Remote
ResMac Mortgage
2016.01 - 2018.02
- Demonstrated sound decision-making in approving or denying wholesale loans in a multi state environment based on comprehensive assessments of borrower''s creditworthiness and risk factors.
- Mitigated risks associated with loan approvals, conducting thorough due diligence on borrower profiles and property valuations.
- Approved or denied loans based on established criteria and underwriting guidelines.
- Exercised daily mortgage program compliance with numerous agencies such as VA, HUD, FNMA, FHLMC, Jumbo, New Construction.
- Reviewed appraisals and title documents to verify accuracy and completeness. (VA SAR Underwriter)
- Balanced competing priorities and managed high volume of work, consistently meeting or exceeding performance metrics for approval rate, turnaround time, and loan quality.
Consumer Loan Underwriter III
Wells Fargo Home Mortgage
2008.11 - 2015.10
- Lead Mortgage Loan Underwriter in a large retail utility underwriting department responsible for a diverse portfolio of loans being offered, effectively balancing risk management with client needs for successful outcomes.
- Utility Department handled over-flow from all other departments including Conventional, FHA, VA, Jumbo, 203k, New Construction and In House Loans. ($1,000,000 Signing Authority)
- Served as a subject matter expert on loan products, advising colleagues and clients alike on appropriate options based on unique needs and financial situations.
- Analyzed potential risks and evaluated loan products to identify suitable options for customers.
- Maintained a deep understanding of market trends and regulatory updates to inform decision-making during the underwriting process.
- Balanced workload efficiently while meeting tight deadlines for loan processing, maintaining high standards of accuracy throughout all stages of underwriting.
Education
High School Diploma -
Skills
- Jumbo and Super Jumbo Loans
- Policy Adherence Awareness
- Adaptability and Flexibility
- Teamwork and Collaboration
- Quality control measures
- Financial analysis proficiency
- Customer service-focused
- Multitasking Abilities
- Analytical and Critical Thinking
- Problem-solving aptitude
Certification
- Certified VA SAR Underwriter
- FHA Direct Endorsement Certification
- Subject matter expert in reviewing and analyzing both individual and complex multiple business income tax returns (sole proprietorship, 1120S,1120,1065,1041)
Timeline
Senior Mortgage Underwriter Lll Remote
Heartland Bank And Trust
2018.03 - 2024.07
Senior Mortgage Underwriter II Remote
ResMac Mortgage
2016.01 - 2018.02
Consumer Loan Underwriter III
Wells Fargo Home Mortgage
2008.11 - 2015.10
High School Diploma -
- Certified VA SAR Underwriter
- FHA Direct Endorsement Certification
- Subject matter expert in reviewing and analyzing both individual and complex multiple business income tax returns (sole proprietorship, 1120S,1120,1065,1041)
Similar Profiles
Kyle BillingsKyle Billings
Relationship Banker at Heartland Bank And TrustRelationship Banker at Heartland Bank And Trust
Saul Morales MajalcaSaul Morales Majalca
Senior Personal Banker at Heartland Financial, New Mexico Bank & TrustSenior Personal Banker at Heartland Financial, New Mexico Bank & Trust
Amanda FultsAmanda Fults
Senior Relationship Banker at Heartland Bank & Trust CompanySenior Relationship Banker at Heartland Bank & Trust Company