Loretta N. Weston
Kaysville,UT
Summary
Driven finance and banking professional effective at maximizing customer service opportunities, focused on providing leadership and guidance to company departments. Extensive experience in various Lending and Compliance sectors, currently looking for knowledge expansion and opportunities for growth in a team-driven environment.
Overview
10
10
years of professional experience
3
3
Languages
Work History
Mortgage Processor
Intercap Lending, Inc
South Ogden, UT
08.2019 - 08.2022
- Set up and evaluated loan submission packages for pre-approval or or denial.
- Acted as a liaison between customers and financial institutions who assist qualified applicants acquire loans in a timely manner.
- Evaluated clients' backgrounds with information collected from credit bureaus, employers and personal references.
- Obtained applicants' financial and personal information from credit bureaus and employers.
- Determined ratios and metrics to help set up debt payment plans for customers in financial hardship situations.
- Verified adequacy of customer collateral for loan security.
- Identified issues and solutions to eliminate backlog in pipeline and maximize workflows.
- Ensured compliance with corporate regulations, policies and procedures to maximize safety, security and overall trust in organization and employees.
Product Scenario Desk Consultant
Primary Residential Mortgage, Inc
Salt Lake City, UT
01.2019 - 08.2019
- Managed company's and brokered loan program database
- Compiled grant programs in multiple states -
outlined grant parameters and qualification/repayment requirements to branches company-wide. - Researched investor and agency guidelines, industry changes and requirements, introduced program and investor updates, communicated potential red flags and compliance issues
- Helped branches understand and leverage the best available programs for borrowers, and best practices for the branch
- Built impactful relationships between Branches, Originators, Division Leaders, Underwriting Team, Secondary Market and Management
- Evaluated complex mortgage scenarios and property requirements
- Developed in-depth knowledge of various loan programs and guidelines.
Mortgage Processor
Fairway Independent Mortgage Corporation
Farmington, UT
11.2017 - 11.2018
- Analyzed credit, assets and financials.
- Researched HUD laws and regulations to ensure loan
compliance with federal regulations. - Obtained supporting documentation - title
commitment, insurance certificates, property tax
valuation docs, etc. - Mastered Ellie Mae Encompass, Microsoft Office Suite,
generated reports. - Set up and evaluated loan submission packages for
pre-approval or denial. - Fostered impactful relationships between branch and
multiple company departments.
Mortgage Processor IV
Wells Fargo Bank
Layton, UT
03.2015 - 11.2017
- Prepared complete loan packages for underwriting,
completed loan approval process all the way to
closing and funding. - Analyzed customers' credit and financial documents.
- Managed extensive loan pipeline - 25-50 files per
month. - Focused on performance metrics and service
excellence. - Continuously achieved one of the highest scores in the
region on customer feedback and satisfaction. - Provided guidance and training to Loan Officers and other Mortgage Processors.
Small Business Loan Specialist
Zions Bancorporation
West Valley City, UT
03.2014 - 02.2015
- Managed pipeline of 30-50 SBA loans - used multiple
types of collateral, evaluated business and
individual credit and financials - Reviewed eligibility and legal documentation,
applied bank credit policy - Trained Loan Assistants on complete file preparation
- Produced and monitored reports
- Assisted Legal Review department in resolving compliance and
documentation issues.
Operations Manager
United Mortgage Services, LLC dba Republic Mortgage Home Loans
Murray, UT
04.2012 - 11.2013
- Managed appraisal order logistics, pricing, and completion deadlines in 10+ states
- Trained staff on federal regulations and appraisal quality review
- Provided staff performance evaluations
- Prepared accounting reports and budget reviews
- Negotiated and resolved conflicts and appraisal disputes
Education
Bachelor of Arts - Business Administration, Management, International Business and Economics
Weber State University
Associate of Science - International Business Management
Vytautas Magnus University
Skills
Financial and Credit Analysis
Compliance and Regulatory expertise
Multitasking and focus on accuracy
Project Management and deadline adherence
Analyze problems and recognize solutions
Analytical thinking and budgeting experience
Ability to work independently and in team environment
Affiliations
Member, Alumni Association
Member, Chamber of Commerce
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
swipe to browse
Quote
There is a powerful driving force inside every human being that, once unleashed, can make any vision, dream, or desire a reality.
Tony Robbins
Timeline
Mortgage Processor
Intercap Lending, Inc
08.2019 - 08.2022
Product Scenario Desk Consultant
Primary Residential Mortgage, Inc
01.2019 - 08.2019
Mortgage Processor
Fairway Independent Mortgage Corporation
11.2017 - 11.2018
Mortgage Processor IV
Wells Fargo Bank
03.2015 - 11.2017
Small Business Loan Specialist
Zions Bancorporation
03.2014 - 02.2015
Operations Manager
United Mortgage Services, LLC dba Republic Mortgage Home Loans
04.2012 - 11.2013
Bachelor of Arts - Business Administration, Management, International Business and Economics
Weber State University
Associate of Science - International Business Management
Vytautas Magnus University