Joan Kisthart
Litchfield,CT
Summary
Top-notch Underwriter with solid experience in financial services. Proficient in determining level of risk for lenders using strong mathematical and statistical skills. Conscientious and committed to adhering to standards, underwriting guidelines and authority levels.
Overview
26
26
years of professional experience
Work History
Underwriter III
Flagstar Bank
07.2015 - 02.2024
- Underwriting FHA, VA and USDA and Conventional Wholesale Retail and Correspondent Loans
- Reviewed and evaluated loan applications to assess creditworthiness, risk and eligibility for approval
- Inspected financial statements, credit information and title data to complete the underwriting process
- Verified accuracy of documentation such as income statements, tax returns, bank statements and other related documents
- Reviewed appraisal verifying product guidelines are met, value supported.
Remote Mortgage Underwriter
Loan Simple Inc
03.2015 - 07.2015
- Remotely underwriting from my home for correspondent lender
- Underwrote FHA, Fanne Mae, Freddie Mac loans
- Reviewing appraisals and title reports
- Worked on Encompass Operating system.
Mortgage Underwriter
Primary Residential Mortgage
07.2014 - 03.2015
- Underwrote Correspondent Mortgage Loan Application to lender specific guidelines
- Underwrote FHA, Fannie Mae, Freddie Mac, USDA and Jumbo loans
- Reviewed appraisals and titles
- Worked directly with sales and processing team to expedite the loan process
- Utilized LP, DU, GUS and AUS systems
- Ordered Mortgage Insurance from 3rd party companies
- Worked on Data Trac, Blitz Docs and Encompass Operating Systems.
Mortgage Underwriter
Radius Financial
05.2013 - 02.2014
- Underwrote Correspondent Mortgage Loan Applications
- Underwrote Loan Files to specific Investor Guidelines
- Underwrote FHA, Fannie Mae, Freddie Mac, Jumbo and USDA loan files
- Reviewed titles and appraisals
- Worked directly with sales associates on files
- Worked on Radius Operating System and Blitz Docs
- Utilized LP, DU and GUS AUS systems
- Mentored and worked directly with Processing Team
- Assigned a pipeline in excess of 50 loan files
- Ordered Mortgage Insurance with 3rd party companies.
Mortgage Underwriter III
EverBank
11.2012 - 05.2013
- Worked in EverBank's Retail Lending Division
- Underwrote Preferred (Portfolio) Loans
- Interacted with clients, Loan Officers and Processors, as needed
- Mentored Processing Team
- Assessed Preferred Loan applications for potential performance
- Utilized LP, DU and GUS AUS systems
- Underwrote Jumbo Loans
- Underwrote loans designated for sale to Freddie Mac and Fannie Mae
- Underwrote FHA Loans
- Worked on Encompass Loan Origination System
- Underwrote loans from all 50 States
- Reviewed titles and appraisals
- Ordered Mortgage Insurance with 3rd party companies.
Mortgage Underwriter
Sierra Pacific Mortgage
05.2012 - 11.2012
- Underwrote Wholesale and Retail Mortgage Loan Applications
- Worked as a remote Underwriter assigned to the Columbia, MD office
- Reviewed titles and appraisals
- Underwrote loans to FHA, USDA, Fannie Mae, Freddie Mac and Sierra Pacific guidelines
- Communicated with Wholesale Brokers, CSR's and the closing department to ensure the accuracy of loan file for closing
- Worked with Blitz Doc's
- Utilized LP, DU and GUS AUS systems
- Ordered Mortgage Insurance with 3rd party companies.
Senior Mortgage Underwriter
Bank of America
12.2009 - 05.2012
- Worked in Bank of America's Retail Lending Division
- Recipient of Top Underwriter Dispositions Award
- Recipient of Underwriter Quality Award
- Underwrote loans from all 50 states
- Underwrote to FHA, Fannie Mae, Freddie Mac and USDA guideline
- Reviewed title and appraisal reports
- Carried a pipeline of up to 50 loans
- Dispositioned over 50 loans files per month
- Utilized LP and DU AUS systems.
Mortgage Underwriter
Poli Mortgage
09.2009 - 12.2009
- Underwrote Correspondent Mortgage Loan applications
- Underwrote loans to FHA, Fannie Mae, Freddie Mac and Investor Specific guidelines
- Reviewed Title and Appraisals
- Utilized LP, DU AUS systems.
Senior Underwriter
Dynamic Capital Mortgage
06.2009 - 09.2009
- Underwrote loans for Dynamic Capital, a Correspondent Lender
- Underwrote loans to FHA, Fannie Mac, Freddie Mae Guidelines and investor specific guidelines
- Worked with the post closing department to gather and identify necessary documents to sell the loans to specific investors
- Communicated with HUD and Investors on suspended files to ensure salability
- Utilized LP and DU AUS systems.
Senior Underwriter
Taylor Bean & Whitaker
04.2006 - 06.2009
- Worked in Wholesale Lending Department
- Responsible for underwriting loans from wholesale division
- Underwrote files to FHA, USDA, Fannie Mae and Freddie Mac guidelines
- Underwrote conforming and non-conforming loan files
- Analyzed credit, income and appraisal documents to ensure loan quality
- Cleared underwriting conditions and issued a clear to close on loan files
- Utilized DU, LP and GUS operating systems
- Received Direct Endorsement approval from HUD
- Reviewed title and appraisal reports.
Senior Underwriter
Washington Mutual Retail
07.2005 - 04.2006
- Responsible for manually underwriting stated income and full documentation conforming and jumbo loans
- Underwrote and reviewed loans to assess investor salability
- Underwrote and reviewed portfolio products for performance
- Reviewed cross-collateralizations loan applications for risk performance
- Achieved sign off authority $1.5 million and $2 million aggregate.
Underwriter
Wasington Mutual Retail
02.2003 - 07.2005
- Processed and Underwrote AUS approved loan applications
- Responsible for the pipeline of three loan officers based in Manhattan
- Submitted loans through DU and LP for AUS approval
- Analyzed credit and income documents clearing all underwriting conditions.
Mortgage Underwriter
Consolidated Mortgage
09.2002 - 02.2003
- Underwrote loan submissions to companies investor specific guidelines
- Communicated with loan officers, borrowers and the investors to obtain all necessary documentation required for loan closing.
Junior Mortgage Underwriter
Washington Mutual Wholesale
09.2001 - 09.2002
- Worked in Washington Mutual's Wholesale Mortgage Division
- Processed and underwrote automated approved loans for two account reps
- Achieved sign off authority up to $1,000,000.
Loan Coordinator III
Washington Mutual Wholesale
05.2001 - 09.2001
- Processed the pipeline of two account reps
- Carried a pipeline in excess of 50 loan files
- Analyzed income, asset and credit
- Gathered needed loan conditions from the borrower
- Submitted loans through LP and DU systems for final approval
- Worked with the underwriting department to obtain all necessary documentation required for loans that did not receive an approve AUS finding.
Broker Service Rep
Greenpoint Mortgage
08.2000 - 05.2001
- Served as the liaison between the account executive, broker, processor, underwriter, closer and attorney to ensure the accuracy of loan files.
Senior Government Loan Processor
Bank of America
10.1997 - 08.2000
- Processed a pipeline in excess of 50 loans
- Processed FHA, VA, VHDA and Farmers Home Loans
- Supported a regional territory of Virginia, Kentucky, Maryland and Washington DC.
Education
Marywood College
Scranton, PASkills
- Underwriting
- Quality Control
- Documentation Review
- Asset Statements
- Underwriting guidelines
- Credit analysis
- Application Review
- Caseload Management
- Time Management
- Organizational Skills
Personal Information
- Title: Senior Mortgage Underwriter (Remote)
- Work Permit: Authorized to work in the US for any employer.
Timeline
Underwriter III
Flagstar Bank
07.2015 - 02.2024
Remote Mortgage Underwriter
Loan Simple Inc
03.2015 - 07.2015
Mortgage Underwriter
Primary Residential Mortgage
07.2014 - 03.2015
Mortgage Underwriter
Radius Financial
05.2013 - 02.2014
Mortgage Underwriter III
EverBank
11.2012 - 05.2013
Mortgage Underwriter
Sierra Pacific Mortgage
05.2012 - 11.2012
Senior Mortgage Underwriter
Bank of America
12.2009 - 05.2012
Mortgage Underwriter
Poli Mortgage
09.2009 - 12.2009
Senior Underwriter
Dynamic Capital Mortgage
06.2009 - 09.2009
Senior Underwriter
Taylor Bean & Whitaker
04.2006 - 06.2009
Senior Underwriter
Washington Mutual Retail
07.2005 - 04.2006
Underwriter
Wasington Mutual Retail
02.2003 - 07.2005
Mortgage Underwriter
Consolidated Mortgage
09.2002 - 02.2003
Junior Mortgage Underwriter
Washington Mutual Wholesale
09.2001 - 09.2002
Loan Coordinator III
Washington Mutual Wholesale
05.2001 - 09.2001
Broker Service Rep
Greenpoint Mortgage
08.2000 - 05.2001
Senior Government Loan Processor
Bank of America
10.1997 - 08.2000
Marywood College