Liz Allison
Glendora,CA
Summary
Dedicated Underwriting professional with history of meeting company goals utilizing consistent and organized practices. Skilled in working under pressure and adapting to new situations and challenges to best enhance the organizational brand.
Overview
9
9
years of professional experience
Work History
Sr Loan Underwriter
Texana Bank
Texarkana, TX
06.2021 - Current
- Made careful determinations based on skilled analyses of submitted documentation covering credit histories, employment records and current financial status.
- Underwrite concurrent close with piggy back to ensure salability
- Completed full analysis for construction loans 2 x close for both initial and permanent financing.
- FHA delegated
- Collateral review includes SFR, Manufactured homes, updated on new Condo review process.
- Reviewed team underwriting decisions to identify incorrect actions and reverse previous decisions when merited.
- Worked with processing team members to communicate errors and obtain missing information for current applications.
Underwriter
Ladera
Lake Forest, CA
01.2021 - 06.2021
- Evaluated debt ratio, loan-to-value ratios, credit scores property valuations and various other factors when making underwriting decisions.
- Insured investor overlays were met utilizing All Regs FNMA/FHLMC/ HUD matrix for most recent events.
- Completed condo review's full/ limited review
- Reviewed and cleared third party reporting
- Review post closing mortgages and defended lender's from FNMA, FHLMC and MI claims. as needed
Senior Underwriter
Supreme Lending
Dallas , Texas
07.2020 - 01.2021
- Regional purchases with MI and construction to permanent financing
- FNMA Home Ready FHLMC Home Possible reviewed and determined if borrowers qualified
- Investor loans multi packs reviewed structured for concurrent closings
- Thorough review and calculation wage earner, self-employed, 1120, 1120’s 1065 REO schedules, asset-based income and fixed income
- Cleared third party reports Fraud Guard – Transcripts – Collateral Underwriter…
Senior Underwriter
LoanDepot
Lake Forest, CA
08.2019 - 07.2020
- Underwrite daily work assignments to ensure Credit, income Asset and collateral were sufficient and within guidelines
- Thorough knowledge of self-employed 1120C 1120 / 1120S 1065
- Complete asset / liquidity when needed
- VA IRRL Validation and approval
- Cleared condition for final within same day
- Completed tile review and cleared and issues
- Assist with pipeline back up when necessary
- Ran and cleared third party reports
Senior Underwriter
LoanPal / Paramount
Irvine, Ca
08.2016 - 08.2019
- Review and analyze financial statements, tax returns, bank statements and other sources of income.
- Loan types included FNMA, FHLMC, High balance, Energy Efficient Texas, 50 (a) (6,) , and MI loans.
- Ability to accurately analyze tax returns and all schedules to determine income.
- Completed collateral risk assessment, reviewed and addressed scorecards ULDD for FNMA and FHLMC. SSR. updating collateral underwriter.
- Review and cleared third party reports.
- Oversee loan process to ensure timelines were met and Closing Disclosures were sent out in order to meet TRID regulations
Loan Underwriter
Mr. Cooper/Nationstar
Irvine, Ca
10.2014 - 08.2016
- Responsible for reviewing, analyzing, underwriting, and approving loans within company and investor guidelines including :
- Review of credit reports, financial statements, applicable ratios for DTI and CLTV/LTV
- Full income documents including personal and business tax returns
- Multi Pack concurrent closings
- Collateral review SFR , Manufactured homes, complete condo review .
- Review and clear loan conditions timely maintained clean pipeline,
- Collaborated with team members to achieve target results.
Loan Underwriter
MGIC / US BANK
Milwaukee, Wi.
01.2014 - 03.2014
- Analyzed applicants' financial status, credit and property evaluation to determine feasibility of granting loan
- Determined appropriate rate locks, issuance of disclosures, overage and underage waivers and fee waivers
- Adhered to all federal and state compliance guidelines relative to retail mortgage lending Full credit and collateral review of Conforming, Non-Conforming, High Balance, HARP and Open Access loans
- Review and clear loan conditions.
Purchase Team
PHH Mortgage/Ocwen
Mt Laurel, NJ
11.2012 - 01.2014
- Assisted senior-level credit officers with complex loan applications
- Reviewed purchase contract validating down payment and contingencies met
- Third party review for full execution.
- Identified issues, analyzed information and provided solutions to problems
Education
Associate of Arts - Paralegal
Pasadena City College
Pasadena, CASkills
- Automated Underwriting System (AUS)
- Encompass , Empower , AXIS , Cash
- LexisNexis Software
- Microsoft Office
- Attention to Detail
- Multitasking and Prioritization
Timeline
Sr Loan Underwriter
Texana Bank
06.2021 - Current
Underwriter
Ladera
01.2021 - 06.2021
Senior Underwriter
Supreme Lending
07.2020 - 01.2021
Senior Underwriter
LoanDepot
08.2019 - 07.2020
Senior Underwriter
LoanPal / Paramount
08.2016 - 08.2019
Loan Underwriter
Mr. Cooper/Nationstar
10.2014 - 08.2016
Loan Underwriter
MGIC / US BANK
01.2014 - 03.2014
Purchase Team
PHH Mortgage/Ocwen
11.2012 - 01.2014
Associate of Arts - Paralegal
Pasadena City College
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