Kara Korpela
Hinsdale
Summary
Results-driven professional seeking an opportunity to utilize my experience in underwriting and problem solving to enhance operational efficiency and deliver high quality outcomes.
Results-driven underwriting professional with solid background in risk assessment and financial analysis. Known for strong collaboration skills and commitment to achieving high-quality results. Effective at adapting to evolving market conditions and utilizing analytical tools to support decision-making.
Professional underwriter with comprehensive knowledge in risk assessment, policy development, and client relationship management. Proven track record in delivering high-quality results through collaborative efforts and adaptability to changing market conditions. Strong analytical skills, attention to detail, and strategic approach drive impactful decisions and foster team success.
Overview
24
24
years of professional experience
Work History
Sr Underwriter
Quontic Bank
Astoria, NY
12.2020 - Current
- Analyze borrower's creditworthiness by reviewing income, assets, credit history, and collateral to make sound lending decisions.
- Evaluate loan applications in accordance with company guidelines and regulatory requirements.
- Identify risk factors and apply compensating factors to support loan decisions.
- Insure loans meet investor guidelines.
- Maintain a high level of accuracy while meeting productivity and turnaround time expectations.
- Provide guidance and support to team members or processors as needed.
Manager
Peoples United Bank
Brattleboro, VT
03.2018 - 12.2020
- FHA/HUD DE license JB68
- Pipeline management
- Reviewed performance reports and used data to develop continuous improvement initiatives.
- Trained and mentored new employees to maximize team performance and achieve daily performance objectives.
- Led employee performance reviews and discussed improvement strategies with each team member.
- Manage 10 processing and underwriting staff to ensure compliance with the division's policies and procedures, along with investor guidelines.
- Manage and monitor daily pipelines. Preform monthly QC audits.
- Approve all outgoing wires.
- Responsible for reviewing /approving exceptions daily.
Sr. Underwriter-Residential
Peoples United Bank
Brattleboro, VT
03.2006 - 03.2018
- Underwrite FHA, VA, RD, State housing and secondary market loans.
- Issue commitment letters.
- Manage underwriting pipeline to stay within the established timeframes.
- Sign off on appraisals and conditions.
- Provide training to team members.
- Support processing and underwriting teams with questions.
- Mortgage Underwriter Peoples United Bank — Brattleboro, VT
- Underwrite FHA, VA, RD, State housing and secondary market loans. Review appraisals and issue commitment letters.
Loan Processor
Peoples United Bank
Brattleboro, VT
03.2003 - 03.2006
- Reviewed and verified borrowers' income, credit reports, property appraisals, and supplemental information to prepare documents for underwriting.
- Ensured compliance with company policies, underwriting guidelines, and lending program requirements.
- Maintained fast-paced schedule by consistently providing satisfactory application approval and turnaround times.
- Communicate with borrowers to obtain all required conditions.
Administrative Assistant
Chittenden Bank/Peoples United Bank
Brattleboro, VT
11.2002 - 03.2003
- Set up all loan files. Distribute all incoming mail.
- Fax all clear to close notices to the attorneys.
- Assist upper management.
Education
High School Diploma -
Brattleboro Senior Union High School
Brattleboro, VTClinical Psychology - undefined
Community College of Vermont
Brattleboro, VT08-2001
Skills
- Training and mentoring
- Analyzing data
- Risk evaluations
- Relationship building
- Credit analysis
- Underwriting guidelines
- Risk management
Timeline
Sr Underwriter
Quontic Bank
12.2020 - Current
Manager
Peoples United Bank
03.2018 - 12.2020
Sr. Underwriter-Residential
Peoples United Bank
03.2006 - 03.2018
Loan Processor
Peoples United Bank
03.2003 - 03.2006
Administrative Assistant
Chittenden Bank/Peoples United Bank
11.2002 - 03.2003
Clinical Psychology - undefined
Community College of Vermont
High School Diploma -
Brattleboro Senior Union High School