JOE CONVER
Vancouver,WA
Summary
Highly experienced Mortgage Underwriter Manager with over a decade of expertise in mortgage underwriting, risk assessment, and team management. Adept at developing and implementing underwriting strategies that ensure compliance, mitigate risk, and enhance overall profitability. Known for meticulous attention to detail, exceptional analytical skills, and the ability to make informed decisions under pressure. Proven ability to lead, mentor, and develop high-performing underwriting teams while maintaining strong relationships with lenders, and regulatory agencies. Willingness to take on added responsibilities to meet team goals.
Overview
11
11
years of professional experience
Work History
Branch Underwriting Manager
AIG Inc
09.2023 - Current
- Oversee all day-to-day operations of the Underwriting Department. Ensured efficient workflow management by establishing clear priorities and monitoring progress regularly.
- Expert knowledge in complex income calculation, specifically all types of tax return analysis (1120S, 1065, 1120, Schedule C, Schedule E)
- Managed a high-performing team of 10 underwriters, providing guidance and support to ensure consistent results.
- Excellent critical thinking, problem-solving, mathematical and decision-making skills
- Balanced competing priorities and managed a high volume of work, consistently meeting or exceeding performance metrics for approval rate, turnaround time, and loan quality.
- Support and effectively work with production staff
- Mentored junior underwriters, contributing to their professional growth and enhancing team performance.
- Complete second reviews and resolve issues.
- Managed a diverse portfolio of mortgage applications, consistently meeting strict deadlines while maintaining attention to detail.
- 2nd review complex files by analyzing rent rolls, bank statements, Tax Returns, credit reports, background reports, rehab budgets, scope of work, appraisals, title, and additional items documents continent on loan submission.
Senior Mortgage Underwriter
CITI Bank USA
02.2022 - 07.2023
- Thoroughly and accurately analyze all loan documents, which include following; AUS decision report, credit report, all sources of income including complex personal and business returns, assets, preliminary title report, appraisal, purchase agreement, escrow instructions, occupancy verification, red flags and fraud check.
- Signing Authority up to $1.5 Million for non-agency. Evaluate the creditworthiness of borrowers to render a final credit decision. This includes but is not limited to the review of credit reports, paystubs, W2'S, personal & Business Tax Returns, financial statements, asset statements via task-based system.
- Recognize risk factors that may compromise overall quality of loan file. Able to handle multiple investors guidelines and great knowledge of Appendix Q. Extensive knowledge of complex tax returns including multiple businesses and multiple financed properties
- Demonstrated sound decision-making in approving or denying loans based on comprehensive assessments of borrower's creditworthiness and risk factors, while Verified integrity of applicants' information to minimize fraud.
- Managed diverse portfolio of mortgage applications, consistently meeting strict deadlines while maintaining attention to detail.
- Analyze rent rolls, bank statements, credit reports, background reports, rehab budgets, scope of work, appraisals and additional items depending on loan submission for Jumbo, NON-QM, and conventional
- Ensured compliance with federal regulations and company policies through diligent examination of mortgage documentation.
- Balanced competing priorities and managed high volume of work, consistently meeting or exceeding performance metrics for approval rate, turnaround time, and loan quality.
- Effectively communicated underwriting decisions to relevant parties, providing clear explanations for any required conditions or stipulations.
- Work in a faced paced environment and adhere to minimum standards of underwrites of 3 per day, ability to muti-task, clear conditions, and underwrite new files with limited supervision.
Team Lead Underwriter
Texana Bank
01.2021 - 02.2022
- Validated credit, income, assets, title, and appraisals for one to four-unit residential properties, while ensuring adherence to Agency guidelines. Reviewed analysis of tax returns, financial statements, and real estate schedules with multiple properties and businesses.
- Complete 2nd reviews for Jumbo, NON-QM, and conventional loans for Jr. underwriters.
- Demonstrated sound decision-making in approving or denying loans based on comprehensive assessments of borrower's creditworthiness and risk factors.
- Managed diverse portfolio of mortgage applications, consistently meeting strict deadlines while maintaining attention to detail.
- Conducted post-closing reviews to ensure accuracy in documentation and compliance with lending guidelines.
- Ensured compliance with federal regulations and company policies through diligent examination of mortgage documentation.
- Balanced competing priorities and managed high volume of work, consistently meeting or exceeding performance metrics for approval rate, turnaround time, and loan quality.
- Effectively communicated underwriting decisions to relevant parties, providing clear explanations for required conditions or stipulations.
- Increased team productivity by mentoring junior underwriters, sharing industry knowledge, and providing constructive feedback on their work.
Senior Mortgage Underwriter
Loandepot
09.2019 - 01.2021
- Demonstrated sound decision-making in approving or denying loans 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 valuation.
- Ensured compliance with federal regulations and company policies through diligent examination of mortgage documentation.
- Maintained high level of customer satisfaction by providing timely responses to inquiries and addressing concerns promptly.
- Work in a faced paced environment and adhere to minimum standards of underwrites of 3 per day, ability to multi-task, clear conditions, and underwrite new files with limited supervision.
- Highest-level underwriter designation within the underwriting team
- Effectively communicated underwriting decisions to relevant parties, providing clear explanations for any required conditions or stipulations.
- Consistently surpassed monthly expectations and finished in the top 10 for least amount of QC issues or buy backs from investors ( FNMA, FHLMC, )
Senior Underwriter
Caliber Home Loans
06.2013 - 12.2018
- Thoroughly and accurately analyze all loan documents, which include following: AUS decision report, credit report, all sources of income including complex personal and business returns, assets, preliminary title report, appraisal, purchase agreement, escrow instructions, occupancy verification, red flags and fraud check
- Underwriter files and clear conditions on loans with attention to detail as well as with a sense of urgency for our customers. Input loan data and decisions accurately into current operating system.
- Demonstrated sound decision-making in approving or denying loans based on comprehensive assessments of borrower's creditworthiness and risk factors.
- Managed diverse portfolio of mortgage applications, consistently meeting strict deadlines while maintaining attention to detail.
- Ensured compliance with federal regulations and company policies through diligent examination of mortgage documentation.
- Maintained high level of customer satisfaction by providing timely responses to inquiries and addressing concerns promptly.
- Continuously updated industry knowledge through professional training sessions, seminars, and self-directed learning efforts.
- Effectively communicated underwriting decisions to relevant parties, providing clear explanations for any required conditions or stipulations.
- Upheld data privacy standards by securely handling confidential client information during underwriting process.
- Monitored pipelines to track and log status of loans.
Education
No Degree - General Studies
Mt San Antonio College
Walnut, CASkills
- Strong problem solving and decision-making
- Loan Underwriting Expertise
- Fraud Detection Abilities
- Manual Underwriting proficiency
- Expert Tax Return Analysis
- Underwriting guidelines
- Residential mortgage lending regulations
- Attention to Detail
- Regulatory Compliance
- Teamwork and Collaboration
- Portfolio Management
- Excellent Communication
- Team building
- Goal Setting
- Professionalism
- Effective Communicator
- Problem-solving abilities
- Staff Development
- Time Management
- Multitasking Abilities
Additional Experience
Senior Underwriter-Cashcall -Anaheim CA
Branch Manager - Assured Mortgage Corporation, Upland CA
Senior Production Manager - Countrywide Home Loans - Rosemead CA
Technical Proficiencies
Microsoft Application / Encompass / Empower / MGIC - Mi Certs / LexisNexis / Corelogic / Calyx Point / Doc Magic / Running DU & LP / AS-400 / PC- Lender / Data Trac / Prop-stream
Timeline
Branch Underwriting Manager
AIG Inc
09.2023 - Current
Senior Mortgage Underwriter
CITI Bank USA
02.2022 - 07.2023
Team Lead Underwriter
Texana Bank
01.2021 - 02.2022
Senior Mortgage Underwriter
Loandepot
09.2019 - 01.2021
Senior Underwriter
Caliber Home Loans
06.2013 - 12.2018
No Degree - General Studies
Mt San Antonio College