Mortgage Underwriter
Santander Bank Us
East Providence, RI
01/01/16 - 05/06/22
- Issued clear written conditions for approval of mortgage loans.
- Verified employment history and income of applicants.
- Resolved document mistakes and discrepancies and identified signs of fraudulent activity.
- Analyzed financial documents such as tax returns, bank statements, pay stubs, and credit reports to determine borrower's ability to repay the loan.
- Assessed risk levels associated with each loan application based on established criteria.
- Maintained up-to-date knowledge of changing laws and regulations related to mortgage lending.
- Determined whether or not to approve or deny a loan application in accordance with company guidelines.
- Requested additional information for applications and documents when necessary.
- Reviewed and evaluated loan applications and supporting documents.
- Researched historical data related to property values in order to evaluate potential risks associated with a loan request.
- Conducted due diligence reviews of loans prior to closing.
- Maintained compliance with company and regulatory policies.
- Determined loan eligibility and approved or rejected applications.
- Analyzed applicant assets and credit history to determine willingness and capacity to repay proposed mortgage obligation.
- Interpreted results from automated underwriting systems.
- Calculated debt-to-income ratios to ensure compliance with industry standards.
- Reviewed and analyzed loan applications for completeness and accuracy.
- Analyzed loan risk and reviewed loan conditions and requirements.
- Identified potential issues related to title, appraisals, insurance coverage.
- Collaborated with loan originators and processors to correctly review and assess applications and risks.
- Participated in professional development activities such as webinars and seminars.
- Approved or denied loan applications and explained reasoning behind decisions.
- Reviewed credit histories from applicants and determined feasibility of granting requested loans.
- Verified client financial information to determine creditworthiness and loan eligibility.
- Analyzed applicant financial and credit status, evaluating assets and risk to determine loan feasibility.