Lommardrez Lee
West Haven,CT
Summary
Knowledgeable Loan Processor offering expertise in legal statutes and established lending guidelines. Excellent communication and negotiation skills. Offering 7-years history of successful loan and mortgage processing.
Overview
8
8
years of professional experience
Work History
Escrow Specialist
Planet Home Lending
11.2022 - Current
- Scheduled closing appointments for seller and buyer or arranged for delivery of documents for out of area closings.
- Prepared documents for closing and handled complete disbursement and follow up of escrow transactions.
- Returned executed loan packages to lender for review and approval in accordance with lender instructions.
- Set up escrow transactions, processed deposits and mailed out forms and preliminary title reports for review.
- Assist with banking stop payments, voids
- Assist escrow branch operations with the disbursement of escrow transactions by printing checks, issuing wires, creating cover letters, and issuing final HUDs
Deliver agreed sales and revenue targets for the region by acting in close coordination with the regional Escrow team the local Treasury Services, Corporate Bank, and Investment Bank businesses
Mortgage Loan Processor
JSW Mortgage Firm
08.2017 - 11.2022
- Handled any conditions sent from underwriting departments.
- Collaborated with Loan Officers to provide timely, accurate service for clients throughout entire mortgage process.
- Worked with customers in person and via telephone to answer questions, process transactions, and resolve issues.
- Set up and completed loan submission packages.
- Corroborated on-time payments and meeting of loan terms by assessing customer accounts.
- Communicated acceptance or rejection to applicants via mail, email, telephone or personal consultations.
- Liaised with credit bureaus, employers and other sources to check applicants' credit and personal references.
- Analyzed credit reports to assess risk and determine applicants' ability to repay loans.
- Confirmed applicants met lender requirements to repay loans by reviewing applications to determine eligibility.
- Calculated, reviewed and corrected errors on interest, principal and closing costs.
- Tracked loan status and updated applicant information to inform lenders of changes to applicants' financial situation.
- Calculated debt-to-income ratios to determine maximum loan amounts and avoid overextending applicants.
- Processed mortgage loan applications accurately and successfully for over 5 years.
- Analyzed borrower credit reports and income statements to verify accuracy.
Mortgage Loan Processor
Prime Lending
10.2015 - 08.2017
- Handled any conditions sent from underwriting departments.
- Collaborated with Loan Officers to provide timely, accurate service for clients throughout entire mortgage process.
- Worked with customers in person and via telephone to answer questions, process transactions, and resolve issues.
- Set up and completed loan submission packages.
- Maintained knowledge of all polices and modifications to the guidelines and standards of the company,federal housing programs, investors, and private mortgage insurers.
- Maintained and updated loan application information within loan origination software and other applications.
- As applicable, ordered appraisals, title, survey, verifications, and any other items required for loan approval; conducts regular follow-ups with outside sources regarding outstanding documents.
- Verified the data collected, analyzes, and decide whether it meets guidelines or if other documentation is needed; documents communication through the conversation log; ensures loan application is incompliance with underwriting, investor, RESPA, and HMDA guidelines.
- Calculated debt-to-income ratios to determine maximum loan amounts and avoid overextending applicants.
- Collected and compiled paperwork such as title abstracts, insurance paperwork, loan files and tax histories.
Education
Associate of Science - Accounting
Colorado Technical University
Colorado Springs, CO08.2023
High School Diploma -
Kolbe Cathedral
Bridgeport, CT06.2015
Skills
- Efficient Service
- Administrative Support
- Financial Model Develop
- Market Pricing
- Loan Records Filing and Maintenance
- Funds Disbursement Application
- Appoint Scheduling
- Closing HUD Loans
- Interviews
- Excel
- Word
- Microsoft Office
- Credit Applications
- Loan Paperwork
- Financial Document Review
Timeline
Escrow Specialist
Planet Home Lending
11.2022 - Current
Mortgage Loan Processor
JSW Mortgage Firm
08.2017 - 11.2022
Mortgage Loan Processor
Prime Lending
10.2015 - 08.2017
Associate of Science - Accounting
Colorado Technical University
High School Diploma -
Kolbe Cathedral
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