Summary
Overview
Work History
Education
Skills
Timeline
Generic

LaDonna Loftin

Mesa,AZ

Summary

Experienced mortgage underwriter with a deep understanding of conventional and conforming lending guidelines. Proficient in FNMA, FHLMC, GNMA, DU/LP underwriting guidelines. Skilled in reviewing and analyzing real estate appraisals. Strong ability to analyze policies, procedures, and guidelines to maximize productivity and manage risk effectively. Expertise in analyzing personal and business tax returns and financial statements. Collaborative team player with strong analytical skills, attention to detail, and effective communication abilities. A valuable asset to any underwriting team.

Overview

17
17
years of professional experience

Work History

Sr. Mortgage Underwriter

Homeowners Financial Group
07.2021 - Current
  • Underwrite Conventional/FHA/Bond/Jumbo/Reno and VA (with supervision under a SAR’s underwriter) to investor, and industry guidelines per day with a standard turnaround time of 24 - 48 hours. Analyze and issues credit decisions. Review and make informed decisions on financial statements, credit reports and applicable ratios (i.e., DTI and LTV). Evaluate/examine transactions to ensure accuracy and completeness. Ensure documents are consistent and compliant. Identify red flags on documentation. Analyze risk appropriately by assessing property information including, but not limited to purchase contract, escrow instructions, and preliminary title report. Communicate effectively with internal staff to maintain a high level of customer service. Perform other duties and projects as assigned.

Credit Risk Analyst (Affordable Housing)

loanDepot
10.2018 - 07.2021
  • Maintain and develop product matrices reflecting the program guidelines on all offered products and lending guidelines of all investors. Mentors Develops new or revises existing credit risk policies; responsible for the accuracy, updating and maintenance of credit policies, procedures & matrices. Maintains strong working knowledge of regulations to ensure compliance. Remains abreast of financial regulatory developments in credit risk management and best practices within the industry. Monitors investor policy changes and evaluates impact to policies.

Mortgage Underwriter II (DE Certified)

loanDepot
07.2016 - 10.2018
  • Underwrite Conventional and FHA, and industry guidelines per day with a standard turnaround time of 24 - 48 hours. Analyzes and issues credit decisions. Review and make informed decisions on financial statements, credit reports and applicable ratios (i.e., DTI and LTV). Evaluate/examine transactions to ensure accuracy and completeness. Ensure documents are consistent and compliant. Identify red flags on documentation. Analyze risk appropriately by assessing property information including, but not limited to purchase contract, escrow instructions, and preliminary title report. Communicate effectively with internal staff to maintain high level of customer service. Perform other duties and projects as assigned.

City Carrier (Carrier Technician)

United States Postal Service
05.2014 - 07.2016
  • Preforming for or directly with the public. Handling and moving objects, preforming general physical activities. Operating vehicle, mechanized devices, or equipment. Provide customer service in postal or mail service setting. Communicating with supervisors, peers, or subordinates. Communicating with persons outside the organization. Identifying objects, actions, and events. Establishing and maintaining interpersonal relationships. Updating and using relevant knowledge, keeping up-to-date technically and applying new knowledge to my job. Making decisions and solving problems, analyzing information, and evaluating results to choose the best solution and solve the problem.

Sr. Mortgage Underwriter ($1,000,000 Lending Authority)

SunTrust Mortgage
04.2012 - 01.2014
  • Approve or deny mortgage loans, following mortgage standards. Review and evaluate information on mortgage loan documents to determine if buyer, property, and loan conditions meet establishment and FNMA/FHLMC guidelines. Conducts credit analyses by verifying employment history, income (paystubs, tax returns), monthly housing expense total monthly obligation and payment history. Review all assets to make sure funds that are required have been verified. Review and analyze appraisals. Make sure all guidelines are met.

Sr. Mortgage Underwriter ($550,000 Lending Authority)

JPMorgan Chase
07.2009 - 04.2012
  • Approve or deny mortgage loans, following mortgage standards. Review and evaluate information on mortgage loan documents to determine if buyer, property, and loan conditions meet establishment and FNMA/FHLMC guidelines.

3 Step Underwriter (L4)

Wells Fargo / Aerotek Temp Agency
12.2008 - 04.2009
  • I am responsible for the approval or denial of all loan applications to assure they meet all Wells Fargo guidelines.

Sr. Loan Processor

GMAC Mortgage/Ditech.com
03.2008 - 11.2008
  • I am currently pre-underwriting, processing and closing FHA/VA, and Conforming loans. I am experienced with DU/LP. I maintained a pipeline of 50-60 loans monthly.

Education

Associates -

Professional Careers Inst.
Oak Park, MI
01.1994

East Catholic High
Detroit, MI
01.1988

Skills

  • Analytical decision-making skills
  • Prioritization of tasks
  • Proficient in ratio evaluation
  • Experience in assessing lending risks
  • Policy evaluation standards

Timeline

Sr. Mortgage Underwriter

Homeowners Financial Group
07.2021 - Current

Credit Risk Analyst (Affordable Housing)

loanDepot
10.2018 - 07.2021

Mortgage Underwriter II (DE Certified)

loanDepot
07.2016 - 10.2018

City Carrier (Carrier Technician)

United States Postal Service
05.2014 - 07.2016

Sr. Mortgage Underwriter ($1,000,000 Lending Authority)

SunTrust Mortgage
04.2012 - 01.2014

Sr. Mortgage Underwriter ($550,000 Lending Authority)

JPMorgan Chase
07.2009 - 04.2012

3 Step Underwriter (L4)

Wells Fargo / Aerotek Temp Agency
12.2008 - 04.2009

Sr. Loan Processor

GMAC Mortgage/Ditech.com
03.2008 - 11.2008

Associates -

Professional Careers Inst.

East Catholic High

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