Kimberley Terpolilli
Senior Government Underwriter
Hammonton,NJ
Summary
A qualified, knowledgeable and hard working individual with over 20 years of experience in all aspects of Credit risk, Finance, Credit analysis, mortgage underwriting and loan operations. A seasoned professional with experience that ranges from evaluating credit risk, loan underwriting, processing, quality control, compliance, audit, documentation review, construction loan underwriting and liability assessment. Individual that has exceptional leadership skills with the ability to educate and guide employees in all aspects of Credit risk, data analysis and Mortgage Operations. Proficient in adapting to data programs and quick to learn new modalities and interface/computer language. Skilled FHA DE/ VA Credit Underwriter with Va Sar Government review authority. Maintains consistent pipelines and quick turnaround times with skilled handling of ach customers needs.
Overview
12
12
years of professional experience
3
3
years of post-secondary education
Work History
Senior FHA DE/ VA Sar Credit Underwriter
Freedom Mortgage Corporation
Orlando, Florida
03.2014 - 11.2022
- Determined credit risks by reviewing files in advance and comparing data against internal checklists and guidelines.
- Applied grades to each loan application based on established criteria to keep institutional risk low.
- Reviewed team underwriting decisions to identify incorrect actions and reverse previous decisions when merited.
- Verified integrity of applicants' information to minimize fraud.
- Balanced risk against profitability to make optimal business decisions and guided junior team members in making similar critical decisions.
- Evaluated performance of less experienced underwriters and helped improve overall work quality by implementing improvement plans.
- Maintained mortgage program compliance with federal agencies such as VA, HUD and FNMA.
- Met 1-hour timeline consistently, turning around applications quickly with firm approval or denial decisions.
- Checked personal and team calculations to validate information and underwriting decisions.
- Worked with processing team members to communicate errors and obtain missing information for current applications.
- Made careful determinations based on skilled analyses of submitted documentation covering credit histories, employment records and current financial status.
- Trained junior team members in underwriting procedures and loan quality grading standards.
- Monitored pipelines to track and log status of loans.
- Proactively identified solutions for customers experiencing credit issues.
Retail - DE Credit Underwriter
Bank of America
Marlton, NJ
05.2013 - 12.2013
- Evaluated investment potential of companies with thorough assessments of historical data, operational activities and future objectives.
- Promoted successful investment plans with well-organized and smooth presentations.
- Developed and deepened client relationships to cement profitable partnerships.
- Orchestrated client-centered financial packages factoring in current market trends.
- Kept pace with economic, industrial and corporate developments impacting clients' financial wellbeing.
- Presented results of financial analyses to clients verbally and in written form.
- Improved financial status by analyzing results, monitoring variances and recommending actions to management staff.
- Created and maintained precise and accurate models, charts and reports.
Retail - DE Credit Underwriter
Sun Home Loans
Turnersville, NJ
02.2012 - 05.2013
- Evaluated investment potential of companies with thorough assessments of historical data, operational activities and future objectives.
- Promoted successful investment plans with well-organized and smooth presentations.
- Developed and deepened client relationships to cement profitable partnerships.
- Orchestrated client-centered financial packages factoring in current market trends.
- Kept pace with economic, industrial and corporate developments impacting clients' financial wellbeing.
- Solved financial problems with use of diverse analytical and modeling techniques.
Senior Loan Processor/DE Underwriter
Met Life Home Loans
Marlton, NJ
11.2010 - 02.2012
- Shut down Mortgage Op)
- Evaluated approvals against established bank and government lending standards.
- Reviewed financial statements and contacted institutions and customers to clarify details.
- Set up and completed loan submission packages.
- Worked with customers in person and via telephone to answer questions, process transactions and resolve issues.
- Coordinated closing process with attorneys, title companies and government clerks.
- Maintained compliance with privacy and security requirements, as well as federal statutes covering [Type] loans.
- Upheld complete confidentiality of all submitted information according to release guidelines.
- Provided quick turnaround times to maintain fast-past schedule.
- Maintained long-term relationships with customers to provide best-in-class customer service.
- Reviewed loan files for completeness, identified missing documentation and generated condition lists for applicants.
Education
Associate of Science - Business Communication
Monmouth University
West Long Branch, NJ 09.1989 - 05.1992
Skills
Review and Underwrite Va ,FHA, USDANJHMFA loans
Manually underwrite loans and skilled in use of DU (Desktop Underwriter) and LP (Loan Prospector)
Review business and individual consumer credit worthinessAnalyze borrower debt to income & business asset/debt portfoliosReview approved loans prior to closing to ensure compliance with all investor guidelinesProvide awareness to all team members of any regulatory changesOrganized, decisive and quality focused to deliver exceptional transactions with minimal credit riskCustomer service oriented with decisive yet understanding communication skillsProficient inMicrosoft Office Suite, Word, Excel, Access, Desktop Underwriter, EDGE, Caylx, Loan QuestPointe, Loan Track, Lakewood, EDMSApplication Analysis
Asset Statements
Residential Loans
FNMA Guidelines
Jumbo and Super Jumbo Loans
Residual Incomes
Non-Prime Markets
Non-QM Markets
FHLMC Guidelines
Debt-to-Income Ratios
Loan to Value Ratio Calculations
Deep knowledge of bankruptcy processes
Practiced at FHA loan process
Financial transactions expertise
Financial analysis aptitude
VA loan underwriting expert and Sar
Timeline
Senior FHA DE/ VA Sar Credit Underwriter
Freedom Mortgage Corporation
03.2014 - 11.2022
Retail - DE Credit Underwriter
Bank of America
05.2013 - 12.2013
Retail - DE Credit Underwriter
Sun Home Loans
02.2012 - 05.2013
Senior Loan Processor/DE Underwriter
Met Life Home Loans
11.2010 - 02.2012
Associate of Science - Business Communication
Monmouth University
09.1989 - 05.1992