Karyn O'Neill
Davisburg
Summary
Seasoned Senior Underwriter known for high productivity and efficient task completion. Possess in-depth knowledge of risk assessment, policy development, and regulatory compliance. Skilled at financial analysis, negotiation, and decision-making. Excel in communication, problem-solving, and teamwork to ensure optimal outcomes in underwriting processes.
Overview
13
13
years of professional experience
1
1
Certification
Work History
Senior Underwriter
Bank of Ann Arbor
Birmingham
10.2017 - 05.2024
- Company Overview: (Previously 1st National Bank in Howell/1st National Home Mortgage)
- Conventional, FHA endorsed, VA SAR, Port, Jumbo, USDA, employee loans
- Assessed risk factors associated with loan requests to determine whether they meet established criteria for approval.
- Maintained knowledge of changing regulations and guidelines in the mortgage industry.
- Ensured all underwriting activities complied with company policies and external regulations.
- Evaluated applicant financial status, credit, and property evaluation to determine feasibility of granting loans.
- Utilized understanding of underwriting guidelines to keep work in line with government regulations and company requirements.
- Conducted detailed analysis of borrower creditworthiness by evaluating financial statements, tax returns and other related documents.
- Participated in meetings with external auditors regarding the progress of audits being performed.
- Utilized underwriting software to determine loan risk and make approval decisions.
- Analyzed debt-to-income ratios to ensure borrowers met the requirements of underwriting guidelines.
- Reviewed property appraisals to ensure accurate valuation and compliance with standards.
- Documented all decisions made during the underwriting process in accordance with regulatory requirements.
Senior Underwriter
Michigan 1st Credit Union
07.2014 - 10.2017
- Conventional, FHA-endorsed, VA SAR designation, Port, Jumbo, USDA, Employee loans.
- Interpreted underwriting guidelines and assessed risks according to company policies.
- Tracked changes in underwriting guidelines issued by investors or agencies such as Fannie Mae or Freddie Mac.
- Documented all decisions made during the underwriting process in accordance with regulatory requirements.
- Reviewed property appraisals to ensure accurate valuation and compliance with standards.
- Analyzed debt-to-income ratios to ensure borrowers met the requirements of underwriting guidelines.
- Conducted detailed analysis of borrower creditworthiness by evaluating financial statements, tax returns and other related documents.
- Managed workload to ensure timely and accurate processing of loan applications.
- Ensured all underwriting activities complied with company policies and external regulations.
Senior Underwriter
JP Morgan Chase
12.2010 - 12.2013
- Company Overview: (Office closed)
- Conventional, Jumbo, employee loans
- Assessed risk factors associated with loan requests to determine whether they meet established criteria for approval.
- Maintained knowledge of changing regulations and guidelines in the mortgage industry.
- Gathered and analyzed information to determine risk acceptability.
- Monitored pipeline activity to ensure timely processing of all loans.
- Ensured all underwriting activities complied with company policies and external regulations.
- Evaluated applicant financial status, credit, and property evaluation to determine feasibility of granting loans.
Skills
- Credit analysis
- Underwriting guidelines
- Quality control
- Risk assessments
- Property appraisal
- Time management
- Task prioritization
- Organizational skills
- Critical thinking
Certification
- VA SAR
- FHA endorsed
References
Jackqueline Irwin
586-942-2023
Elizabeth Flynn
248-586-2137
Cecilia Ritter
586-909-2281
Timeline
Senior Underwriter
Bank of Ann Arbor
10.2017 - 05.2024
Senior Underwriter
Michigan 1st Credit Union
07.2014 - 10.2017
Senior Underwriter
JP Morgan Chase
12.2010 - 12.2013
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