Michelle Lesniak
Orland Park,IL
Summary
Astute and methodical Senior Mortgage Underwriter with significant background working with FHA and Conventional customers. Proficient in reviewing extensive applications and supporting documentation. Maintains consistent pipelines and quick turnaround times with skilled handling of each customer's needs.
Overview
10
10
years of professional experience
Work History
Senior Corporate Underwriter
Cross Country Mortgage
Orland Park, IL
08.2020 - 08.2022
- Evaluated debt ratio, loan-to-value ratios, credit scores, property valuations and various other factors when making underwriting decisions.
- Made careful determinations based on skilled analyses of submitted documentation covering credit histories, employment records and current financial status.
- Maintained mortgage program compliance with federal agencies such as HUD, FNMA and FHMLC.
- Worked with processing team members to communicate errors and obtain missing information for current applications.
- Met 24-hour timeline consistently, turning around applications quickly with firm approval or denial decisions.
- Evaluated tax returns, both personal and business, 1040, 1065, 1120-S , 1120 and K-1s to determine feasibility of granting loans.
- Proactively identified solutions for customers experiencing credit issues and conveyed resolution to team.
- Examined credit, income and asset documents and reviewed title policy and appraisals.
- Conducted underwriting assessments according to multiple lender guidelines and requirements with experience in multiple bond programs.
- Established and maintained positive working relationships with co-workers, staff and external contacts.
- Upheld fair lending practices and met targets for productivity, quality and customer satisfaction.
Mortgage Underwriter II
JPMorgan Chase
Downers Grove, IL
09.2014 - 08.2020
- Verified integrity of applicants' information to minimize fraud.
- Determined credit risks by reviewing files in advance and comparing data against internal checklists and guidelines.
- Made careful determinations based on skilled analyses of submitted documentation covering credit histories, employment records and current financial status.
- Applied grades to each loan application based on established criteria to keep institutional risk low.
- Maintained mortgage program compliance with federal agencies such as VA, HUD and FNMA.
- Worked with processing team members to communicate errors and obtain missing information for current applications.
- Checked personal and team calculations to validate information and underwriting decisions as a mentor.
- Trained junior team members in underwriting procedures and loan quality grading standards.
- Reviewed team underwriting decisions to identify incorrect actions and reverse previous decisions when merited.
- Evaluated performance of less experienced underwriters and helped improve overall work quality by implementing improvement plans.
- Obtained copies of applicants' credit histories and reviewed paperwork to determine feasibility of granting loans.
Mortgage Banker
JPMorgan Chase
Downers Grove, IL
09.2012 - 09.2014
- Evaluated client financial positions and identified most appropriate banking products.
- Located and pre-qualified customers for mortgages.
- Produced and executed loan packages.
- Networked with realtors and current clients to generate referrals.
- Explained different types of loans pertaining to client situations.
- Worked with underwriters to fix application problems and resolve issues.
- Reviewed loan files and updated to match current standards.
- Oversaw scheduling of timely loan closing to satisfy home builder and borrower needs.
- Obtained copies of applicants' credit histories and reviewed paperwork to determine feasibility of granting loans.
- Monitored pipelines to track and log status of loans.
- Proactively identified solutions for customers experiencing credit issues.
- Assisted clients with improving financial health by counseling on issues such as excessive spending and borrowing.
- Developed prospects for new loans by conducting 100's of cold calls weekly.
Education
Bachelor of Arts - Education
Governor's State University
University Park06.1996
Skills
- DE underwriter
- Proficient in Encompass, Zippy &
- Production Goals
- Risk Evaluation
- Debt Ratios
- Consultation and Advisement
- Standard Operating Procedure
- Quality Management
- Production Logs
- Automated Underwriting Systems
Timeline
Senior Corporate Underwriter
Cross Country Mortgage
08.2020 - 08.2022
Mortgage Underwriter II
JPMorgan Chase
09.2014 - 08.2020
Mortgage Banker
JPMorgan Chase
09.2012 - 09.2014
Bachelor of Arts - Education
Governor's State University
Similar Profiles
Nathan SommersNathan Sommers
Sales Manager at Cross Country Mortgage / Maryland Mutual MortgageSales Manager at Cross Country Mortgage / Maryland Mutual Mortgage
Julia SnyderJulia Snyder
Loan Processor at Cross Country MortgageLoan Processor at Cross Country Mortgage
Anthony MooreAnthony Moore
Loan Originator at Cross Country MortgageLoan Originator at Cross Country Mortgage
Destin FergusonDestin Ferguson
System Administrator/Sales Associate at Cross Country MortgageSystem Administrator/Sales Associate at Cross Country Mortgage
Curtis CheshireCurtis Cheshire
Systems Support Specialist at PercipiaSystems Support Specialist at Percipia