Nicole Drummond
Woodbury,MN
Summary
Detail-oriented mortgage loan officer with eight years of experience. Adept at planning and working with clients for long periods of time. Committed to accuracy and financial success. Seasoned Mortgage Loan Officer with comprehensive understanding of loan origination, processing and closing procedures. Skilled in building strong relationships with clients to understand needs and provide appropriate financial solutions. Demonstrated track record in achieving lending goals while maintaining strict compliance with regulatory standards. Success noted in improving application approval rates through insightful risk assessment and thorough documentation review.
Overview
9
9
years of professional experience
Work History
Mortgage Loan Officer
Luminate Home Loans
Savage, MN
04.2024 - Current
- Assessed customer financial status and credit worthiness to determine eligibility for mortgage loans.
- Conducted interviews with prospective clients to gather information regarding loan applications.
- Analyzed financial data obtained from customers including income, assets and liabilities to determine loan feasibility.
- Prepared loan documents such as commitment letters, closing statements, promissory notes and deed of trust.
- Ensured compliance with all federal, state and local regulations related to mortgage lending.
- Negotiated terms and conditions of loan agreements with borrowers.
- Maintained current knowledge of secondary market trends, government programs and other available financing sources.
- Processed new loan applications in accordance with established guidelines.
- Evaluated existing customer accounts for refinancing opportunities or additional services offered by the company.
Senior Loan Officer
Granite Bank
Champlin, MN
09.2023 - 04.2024
- Provided guidance to customers regarding loan products, eligibility requirements, application processes, documentation requirements.
- Researched potential new markets for loan product sales opportunities.
- Maintained strong knowledge base of lending regulations, best practices and industry trends.
- Performed ongoing analysis of customer needs in order to develop tailored solutions that meet their objectives.
- Collaborated with internal teams such as underwriting, legal, operations and marketing in order to ensure timely completion of loan transactions according to established standards and procedures.
- Evaluated all relevant documents associated with each loan application prior to submission for approval.
- Monitored changes in borrower's credit profiles over the life of the loan in order to identify any potential areas of concern or delinquency.
Senior Mortgage Loan Officer
Tradition Mortgage
Woodbury, MN
01.2022 - 09.2023
- Communicated regularly with customers about status updates or changes in their loan product options.
- Monitored progress of each loan application throughout the entire processing cycle.
- Attended relevant conferences or seminars in order to stay abreast of new developments within the industry.
- Performed quality control checks on all completed loans prior to final approval.
- Resolved concerns and answered questions for parties involved with each transaction to promote successful outcomes.
- Created marketing materials outlining various types of mortgages available at the company.
- Gathered pertinent documents required for closing a mortgage loan transaction.
- Maintained updated knowledge of current industry standards and trends related to mortgage products offered by the company.
Mortgage Loan Officer
Edina Realty Mortgage
Hastings, MN
04.2016 - 01.2022
- Assessed customer financial status and credit worthiness to determine eligibility for mortgage loans.
- Conducted interviews with prospective clients to gather information regarding loan applications.
- Analyzed financial data obtained from customers including income, assets and liabilities to determine loan feasibility.
- Prepared loan documents such as commitment letters, closing statements, promissory notes and deed of trust.
- Negotiated terms and conditions of loan agreements with borrowers.
- Ensured compliance with all federal, state and local regulations related to mortgage lending.
- Maintained current knowledge of secondary market trends, government programs and other available financing sources.
- Reviewed appraisals to ensure accuracy and completeness prior to submission to underwriting department.
- Processed new loan applications in accordance with established guidelines.
Education
Associate of Applied Science - Business
Inver Hills
Inver Grove Heights04-2012
Skills
- Loan management
- Sales Development
- Relationship selling
- Financial Analysis
- Refinancing options
- Loan product promotion
- Document analysis
- Business referral management
Timeline
Mortgage Loan Officer
Luminate Home Loans
04.2024 - Current
Senior Loan Officer
Granite Bank
09.2023 - 04.2024
Senior Mortgage Loan Officer
Tradition Mortgage
01.2022 - 09.2023
Mortgage Loan Officer
Edina Realty Mortgage
04.2016 - 01.2022
Associate of Applied Science - Business
Inver Hills
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