Summary
Overview
Work History
Education
Skills
References
Certification
Timeline
Generic

LaRissa M Butler

Canon City,CO

Summary

Experienced FHA/DE VA/SAR Mortgage Loan Underwriter skilled in evaluating credit histories and identifying tailored solutions for clients. Proven track record in loan assessment and risk analysis. Seeking to leverage expertise in a new role to enhance loan processing efficiency.

Overview

28
28
years of professional experience
1
1
Certification

Work History

Senior Mortgage Loan Underwriter

American Liberty Mortgage
DENVER, CO
04.2023 - Current
  • Evaluated loans against portfolio and investor guidelines to ensure compliance and risk management.
  • Determined loan eligibility by analyzing applicant assets and credit history for repayment capacity.
  • Approved or rejected applications based on thorough analysis of risk and financial statements.
  • Requested additional information for applications when necessary to complete assessments.
  • Maintained compliance with company policies and regulatory standards throughout loan evaluation process.
  • Analyzed tax returns and financial statements to assess ongoing cash flow for loan repayment support.

Senior Mortgage Underwriter/Post Closer

The Mortgage Company
Centennial
06.2016 - 02.2023
  • Executed delegated underwriting and appraisal review with loan approval authority for Conventional conforming, Jumbo, VA, USDA, and FHA loans.
  • Analyzed applicant financials and credit status to assess asset risk and loan feasibility
  • Reviewed and monitored closed loans ensuring compliance for secondary market purchases.
  • Managed government insuring processes and payment of fees for government loans.

Vice President/Mortgage Department Manager

Bank of the San Juans
Canon City, CO
11.2004 - 06.2016
  • Prudent management of Secondary Market operation
  • Perform delegated underwriting and appraisal review with loan approval authority on Conventional, VA, RD and FHA loans with correspondent lenders
  • Closing of approved loans including the funding of the loan on the internal bank system
  • Responsible for budgets, loan in process and income reports to senior staff.
  • Monitored staff performance and addressed issues.
  • Trained employees on additional job positions to maintain coverage of roles.
  • Enforced customer service standards and resolved customer problems to uphold quality service.
  • Recruited and hired qualified candidates to fill open positions.

Loan Processor/Mortgage Underwriter

Rocky Mountain Bank & Trust
Colorado Springs, CO
04.2001 - 11.2004
  • Senior processor for this FNMA/FHLMC, VA, and FHA approved lender
  • Processed up to 80 loans at one time consisting of conventional, FHA, VA sub-prime, and construction loan take outs with a 95% approval rate
  • Facilitated our transformation from a correspondent lender to a wholesale loanbroker
  • Interface with customers, underwriters, closers, title companies, Realtors, builders, and investors
  • Significant customer service and problem resolution functions
  • Experienced with FNMA, FHLMA, FHA, RD, and VA underwriting guidelines
  • Approved FHA DE underwriter
  • CLUES, DU and LP automated underwriting and EllieMae Doc preparation software proficient

Loan Processor/Closer

Real Estate Lending Network
Canon City, CO
08.1997 - 04.2001
  • Only processor for small 3 person broker office which allowed me tolearn a fullspectrum of mortgage origination, lending, processing, andclosing
  • Turned files from origination to closing in less than 30 days with a 90% approvalrate
  • Processed conventional, FHA and VA home loans as well as BC paper
  • Interfaced with customers, underwriters, closers, title companies, realtors, andother
  • Significant customer service andproblem resolution functions
  • Experienced with FNMA, FHLMA, FHA, and VA underwriting guidelines.

Education

High School Diploma -

Canon City High School
Cañon City, CO
05.1992

Skills

  • Automated underwriting system expertise
  • FHA/DE
  • VA/SAR
  • Problem solving
  • Loan file management
  • Product education
  • Property evaluation
  • Payment schedule analysis
  • Financial history assessment
  • Credit history evaluation
  • Application assessment
  • Creditworthiness analysis
  • Income assessment
  • Attention to detail

References

Available upon request.

Certification

  • FHA DE UNDERWRITER
  • VA SAR

Timeline

Senior Mortgage Loan Underwriter

American Liberty Mortgage
04.2023 - Current

Senior Mortgage Underwriter/Post Closer

The Mortgage Company
06.2016 - 02.2023

Vice President/Mortgage Department Manager

Bank of the San Juans
11.2004 - 06.2016

Loan Processor/Mortgage Underwriter

Rocky Mountain Bank & Trust
04.2001 - 11.2004

Loan Processor/Closer

Real Estate Lending Network
08.1997 - 04.2001

High School Diploma -

Canon City High School

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