Melvyn Thomas
Northridge,California
Summary
Strategic thinker with a big picture mindset, exceptional management skills, and the capacity to energize a team of professionals by creating a resilient and innovative team culture.
Overview
4
4
years of professional experience
Work History
Loan Document Specialist
PennyMac Loan Services
10.2023 - Current
- Document Review: Diligently review borrower's documents, ensuring and accuracy in accordance with company and regulatory requirements.
- Data Entry: Accurately input essential borrower information into the loan modification system, maintaining data integrity.
- File Organization: Organize and index loan modification files, ensuring that all documentation is easily accessible for subsequent processing stages.
- Quality Control: Conduct internal quality checks to identify and rectify any discrepancies or missing documents, ensuring that files are submission-ready.
- Data Management: Maintain accurate records and documentation of file preparation activities, prioritizing data security and confidentiality.
Loan Analyst / Processor
PeerStreet Inc
11.2021 - 06.2022
- Demonstrated perceptiveness and determination by evaluating clients’ loan and credit needs; highly skilled at identifying and considering all aspects of clients’ financial background in relation to policies and regulations
- Exhibited superior attention to detail while reviewing and processing individual loan and credit applications; provided borrowers with timely and informative application updates
- Selected Contributions: Ensured accurate assessment of loan conditions in close partnership with loan team
- Contributed to corporate financial health by closing over 45 properties to be funded
- Captured substantial gains in efficiency and productivity by assisting loan processor with essential administrative and clerical responsibilities.
Initial Underwriter
Intuit for QuickBooks
08.2021 - 11.2021
- Exercised sound judgment and discretion while analyzing customers’ creditworthiness; analyzed over 35 Business
- QuickBooks applications daily
- Highly experienced and skilled in making sound underwriting decisions
- Selected Contributions: Maximized productivity and provided vital structure by analyzing credit bureau information, information provided in applications, and third-party data to determine approve or decline applications
- Successfully analyzed risk flagged through the system hardware; able to fully understand guidelines within two months
- Streamlined processes, clarified expectations, and ensured consistency by improving credit and fraud underwriting models and policies in close partnership with risk modeling teams
- Generated energy and stability by executing end-to-end underwriting work flow from operational, fraud, and risk perspectives.
Loan Counselor
Penny Mac Loan Services
05.2020 - 03.2021
- Embraced responsibility for helping borrowers resolve early-stage default by identifying reasons for delinquencies; able to secure payment and offer sound alternatives to foreclosure
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- Selected Contributions: Exercised detailed analysis and judgment while reviewing loan agreements to ensure compliance with policies and practices
- Displayed refined relationship-building skills and collaborative mindset while communicating with other departments, including Home Retention, Customer Service, Property Resolution, Foreclosure, Bankruptcy, and Litigation
- Established solid foundation for success by performing all responsibilities in alignment with company policies and procedures and state and federal laws including FDCPA, CFPB, and ECOA regulations.
Education
Bachelor of Science - Business Management
Colorado State University Global
Courses include Business Management | Human Resources | Marketing | Finance | Accounting -
Skills
- Commercial Real Estate
- Real Estate Financing
- Credit Risk Evaluation
- Credit Application Review
- Verify Agreements
- Loan Portfolio Monitoring
- Processing Loan Applications
Additional Information
- Honors and Awards , Penny Mac, Simi Valley Awarded Achieve Client Excellence Award, June 2020, for excellence in servicing loans under Forbearance due to COVID-19
Timeline
Loan Document Specialist
PennyMac Loan Services
10.2023 - Current
Loan Analyst / Processor
PeerStreet Inc
11.2021 - 06.2022
Initial Underwriter
Intuit for QuickBooks
08.2021 - 11.2021
Loan Counselor
Penny Mac Loan Services
05.2020 - 03.2021
Bachelor of Science - Business Management
Colorado State University Global
Courses include Business Management | Human Resources | Marketing | Finance | Accounting -
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