MANDY DelCollo
Wilmington,DE
Summary
Knowledgeable Real Estate Paralegal with extensive experience in Title research, legal document preparation and managing real estate transactions. Strengths include high productivity, efficiency in task completion, effective communication abilities, and strong interpersonal skills to collaborate effectively with clients and legal teams.
Overview
12
12
years of professional experience
Work History
Real Estate Paralegal
Schmittinger & Rodriguez
Dover, DE
12.2022 - Current
- Drafted legal documents for property transactions and real estate agreements.
- Conducted title searches to confirm property ownership and identify encumbrances, ensuring compliance for transactions.
- Reviewed and organized real estate documents, including title commitments, surveys, deeds, and mortgages, streamlining document access for legal processes.
- Drafted contracts and closing documents for review by attorneys.
- Assisted in preparation of rental and purchase agreements, contracts, and closing documents to facilitate smooth transactions.
- Assisted in preparing closing packages and handled post-closing matters.
- Checked liens for accuracy on properties prior to sale.
- Facilitated communications between clients, lenders, brokers and other parties involved in a transaction.
- Coordinated with clients, lenders, and government agencies for document processing.
- Assisted in the preparation of loan documentation packages for lenders.
- Completed research via a wide range of public databases and utilized tax office and deed record systems.
- Researched zoning ordinances, deed restrictions and other legal documents related to properties.
Post-Closing Specialist / Mortgage Loan Closer
Mid Penn Bank
Conshohocken, PA
12.2018 - 08.2022
- Reviewed records for accuracy and completeness to maximize compliance and prevent errors.
- Examined and verified information in loan application and closing documents.
- Analyzed and confirmed borrowers' income, credit reports, and property appraisals to facilitate accurate underwriting documentation.
- Calculated income, assets and liabilities to meet lender requirements.
- Submitted loan applications to underwriter for verification and recommendations.
- Supported loan officiant and underwriter teams by ensuring timely, judicious and accurate loan processing.
- Created and completed loan submission packages.
- Managed conditions sent from underwriting departments.
- Collaborated with title companies to ensure timely receipt and provision of all necessary documentation.
- Disbursed funds, cut checks and mailed out documents.
- Consulted with warehouse bank personnel to handle collateral document shipments.
- Worked with third-party vendors (Investors) to address and clear loan closing requirements.
- Organized loan files, updated databases, prepared general correspondence and communicated with stakeholders.
- Inspected loan package documentation to spot suspicious or fraudulent documentation.
- Interfaced with borrowers to obtain needed items and prepare applications for underwriting review.
- Tracked and managed new leads and followed up on referral business.
- Worked closely with team members to deliver project requirements, develop solutions and meet deadlines.
- Evaluated financial statements and contacted institutions and customers to clarify details.
- Managed loan origination process by ordering credit reports, appraisals, and preliminary title reports efficiently.
- Researched investor guidelines and kept up to date on program changes that affected loan processing or origination.
- Managed pipeline for originated loans through closing and completed required management reports.
- Researched investor guidelines and kept up to date on program changes that affected loan processing or origination.
- Managed pipeline for originated loans through closing and completed required management reports.
Loan Opener and Processor
Waterstone Mortgage
Pewaukee, WI
05.2014 - 12.2018
- Executed loan origination process, ordered credit reports, appraisals, and preliminary title reports to facilitate timely loan approvals.
- Processed loan applications for accuracy and compliance with company standards.
- Coordinated with underwriters to ensure smooth loan approval workflows.
- Prepared loan documents for submission to underwriting department.
- Verified borrower's income, assets, liabilities, and credit history.
- Communicated with clients to explain loan terms and requirements clearly.
- Ensured compliance with company policies and local regulatory requirements throughout the entire process.
- Analyzed financial statements and tax returns of applicants.
- Managed pipeline of originated loans through closing, ensuring accurate completion of management reports.
- Assisted senior management in developing strategies to enhance efficiency in loan processing workflows.
- Stayed abreast of lending regulations, industry trends and market rates.
Education
High School Diploma -
Thomas McKean High School
Wilmington, DE05-2003
Some College (No Degree) -
University of Delaware
Newark, DESkills
- Title search
- Familiarity with Title Software
- Document drafting
- Real estate settlements
- Real Estate Regulations
- Problem solving
- Attention to detail
- Time Management
- Verbal and Written Communication
- Strong Customer Communication
- Comprehension skills
Timeline
Real Estate Paralegal
Schmittinger & Rodriguez
12.2022 - Current
Post-Closing Specialist / Mortgage Loan Closer
Mid Penn Bank
12.2018 - 08.2022
Loan Opener and Processor
Waterstone Mortgage
05.2014 - 12.2018
High School Diploma -
Thomas McKean High School
Some College (No Degree) -
University of Delaware