Moe ALGASID
Dearborn,MI
Summary
Seasoned Mortgage Underwriter skilled in mortgage risk assessment and credit portfolio evaluation. Proficient in analyzing income, debt, collateral, assets, and property documentation. Well-versed in Freddie Mac, Fannie Mae, and non-agency guidelines. Demonstrated expertise in various mortgage products, including specialized offerings like Home Possible/Home Ready.
Overview
4
4
years of professional experience
Work History
Sr. Underwriter
UWM
Pontiac, MI
10.2023 - Current
- Evaluated and reviewed credit portfolios of mortgage applicants, including analysis of income, debt, collateral, and documentation, ensuring adherence to Freddie Mac, Fannie Mae, and non-agency guidelines
- Underwrote a variety of mortgage products, including conventional loans and specialized offerings, while ensuring compliance with industry standards
- Mentored new hires through comprehensive training, enhancing their underwriting process understanding for successful team integration
- Promoted underwriters' growth through interactive classroom instruction and hands-on loan training
- Ensure compliance with regulatory requirements and underwriting guidelines
- Conduct thorough reviews of applicant credit histories to evaluate risk and assess repayment capability
- Review title commitments for potential liens and judgments affecting property ownership or insurance eligibility, particularly for the primary lien holder
- Conducted comprehensive audits of team members' files to ensure adherence to company policies, underwriting guidelines, and regulatory requirements.
Customer Lending - Jr Underwriter
LoanDepot
Dearborn, MI
11.2022 - 10.2023
- Assist senior underwriters in analyzing applicant financial documents and assessing creditworthiness
- Assist in evaluating property appraisals and title reports for potential issues
- Provided excellent client service via phone and email
- Assisted brokers
- Demonstrate a strong attention to detail and accuracy in all aspects of underwriting tasks and responsibilities
- Participate in training sessions and workshops to enhance underwriting skills and knowledge
- Assisted Verbal Verification teams by calling applicants' employers and using third-party systems to confirm current employment, ensuring strict verification and compliance standards
- Conducted calls to applicants' employers to verify current employment status and details.
Sr, Loan Servicing Specialist
Rocket Mortgage
Detroit, MI
03.2022 - 11.2022
- Delivered prompt, knowledgeable solutions to address customers' loan service issues
- Handled routine and complex inquiries from customers, title companies and vendors each day
- Examined and verified information in loan application and closing documents
- Demonstrated empathy and active listening skills to understand customer needs and concerns
- Efficiently managing multiple tasks, loans, and deadlines to meet servicing requirements
- Clear and concise communication with borrowers, colleagues, and management, both in writing and verbally
- Building and maintaining positive relationships with borrowers
- Skill in de-escalating challenging situations, addressing customer complaints, and finding mutually satisfactory solutions.
Presidents Club Payoff Specialist
Rocket Mortgage
Detroit, MI
10.2020 - 03.2022
- Handling and organizing loan payoff documentation, ensuring completeness and accuracy
- Juggled multiple projects and tasks to ensure high-quality and timely delivery
- Demonstrated self-reliance by meeting and exceeding workflow needs
- Provided excellent service and attention to clients via email and phone
- Worked closely with team members to deliver project requirements, develop solutions, and meet daily turn time.
- Conducting thorough research to identify all outstanding balances, liens, and other obligations associated with the loan to be paid off
- Worked closely with leadership to continuously improve best practices for new hires
- Worked alongside IT to update team member workflow for a faster more efficient process.
Education
Manual Quality Assurance Tester: Technology Education, Software Testing & Quality Assurance Course -
Careerist
Dearborn, MI04.2022
High School Diploma -
Henry Ford College
Dearborn, MI08-2020
Skills
- Mortgage Underwriting
- Risk Management
- Attention to Detail
- Time Management
- Team Collaboration
- Credit Analysis
- Adaptability
- Client Relationship Management
- Microsoft Office
- Data Analysis
- Compliance
- Mentoring
- Guidelines knowledge
- Data Collection
- Risk Assessments
- Quoting and pricing policies
Timeline
Sr. Underwriter
UWM
10.2023 - Current
Customer Lending - Jr Underwriter
LoanDepot
11.2022 - 10.2023
Sr, Loan Servicing Specialist
Rocket Mortgage
03.2022 - 11.2022
Presidents Club Payoff Specialist
Rocket Mortgage
10.2020 - 03.2022
Manual Quality Assurance Tester: Technology Education, Software Testing & Quality Assurance Course -
Careerist
High School Diploma -
Henry Ford College