Lavita Peterson

• Determine financial responsibility of borrowers and/or guarantors following detailed financial analysis
  
• Prepares releases of borrowers and notice of fully paid account where certified funds are received
  
• Respond in writing to a full range of inquiries from borrowers concerning residential and commercial loan
  servicing and liquidation to assist in the liquidation of delinquent loans

• Review and evaluate loan documentation, to determine willingness to repay
• Manually underwriting non-conforming loans and escalations
• Render approval or decline decisions
• Performed in-depth collateral reviews
• Delivered a consistent daily production of 4.0 loans with error ratio under 5%
• Completed FHA Direct Endorsement Authority Training for credit authority

NOTE: Part of a start up team that opened Jacksonville site. Transitioned from Funding Manger role to Underwriting
in 2014.

• Accurately prepare closing packages on a minimum of 8-10 daily
• Complete wire request for funding of loans
• Liaison for broker and closing agent correspondence
• Responsible for training and organization of the team
• Responsible for addressing weekly compliance reports and obtaining any/all corrections necessary for investor
  delivery
• Completing and maintaining RESPA 2010 guidelines and updates and properly informing the team

• Prepared FHA/Texas home equity and conventional closing packages the guardian system
• Prepared deed for purchase loans and release of lien documents for refinances
• Reviewed title commitment to ensure proper title insurance coverage, endorsements and request necessary
  deletions
• Approved Hud-1 settlement statement and necessary documents to issue funding number or send wire
  request: 3% fee cap worksheet completed on Texas home equity loans

• Processed one-time close construction loans
• Analyzed tax returns, credit reports, and verified employment
• Obtained and reviewed documentation in accordance with guidelines
• Compiled necessary documentation for builder approval
• Prepared corresponding draw schedule for disbursement of construction loans
• Prepared construction closing packages