Pat Motley
Grapevine,Texas
Summary
Analytical Conventional Underwriter known for high productivity and efficient task completion. Specialize in risk assessment, financial analysis, and regulatory compliance to ensure thorough loan evaluations. Excel in critical thinking, decision-making, and communication, leveraging these soft skills to navigate complex scenarios successfully.
Overview
21
21
years of professional experience
Work History
Conventional Underwriter and FHA Credit Underwriter
Bay Equity Home Loans
07.2020 - 07.2022
- Reviewed refinance and purchase loans for Conventional and FHA Credit Approval
- Underwrote files to FHA, FNMA, FLMA along with request to close in a Trust
- Reviewed and analyzed loan applications to ensure accuracy of information, completeness of documentation and compliance with applicable regulations.
- Ensured that loans met all requirements of investor guidelines, government regulations, and credit policy.
- Analyzed financial data including income, assets and liabilities in order to determine borrower's ability to repay the loan.
- Verified employment history, collateral valuation and other relevant documents to ensure validity of the loan application.
- Assessed overall creditworthiness of borrowers by evaluating credit reports from major bureaus.
Conventional Underwriter
LenderLive Network, Inc
, CO
12.2010 - 11.2013
- Reviewed and analyzed loan applications to ensure accuracy of information, completeness of documentation and compliance with applicable regulations.
- Ensured that loans met all requirements of investor guidelines, government regulations, and credit policy.
- Analyzed financial data including income, assets and liabilities in order to determine borrower's ability to repay the loan.
- Verified employment history, collateral valuation and other relevant documents to ensure validity of the loan application.
- Assessed overall creditworthiness of borrowers by evaluating credit reports from major bureaus.
- Maintained current knowledge of industry trends and changes in regulations affecting mortgage lending operations.
- Identified potential fraudulent activities in loan applications and took necessary action.
Conventional Underwriter Correspondent Lending
Franklin American Mortgage
, TX
05.2010 - 12.2010
- Reviewed and analyzed loan applications to ensure accuracy of information, completeness of documentation and compliance with applicable regulations.
- Ensured that loans met all requirements of investor guidelines, government regulations, and credit policy.
- Analyzed financial data including income, assets and liabilities in order to determine borrower's ability to repay the loan.
- Verified employment history, collateral valuation and other relevant documents to ensure validity of the loan application.
- Assessed overall creditworthiness of borrowers by evaluating credit reports from major bureaus.
Underwriter/Operations Manager
Bank of America (formerly Countrywide)
04.2004 - 12.2004
- Reviewed and evaluated loan applications to assess creditworthiness, risk and eligibility for approval.
- Analyzed financial information including income, assets, liabilities and credit history of applicants.
- Verified accuracy of documentation such as income statements, tax returns, bank statements and other related documents.
- Established maximum loan amounts according to underwriting standards and communicated decisions to customers.
- Maintained up-to-date knowledge of industry trends, regulations and compliance requirements.
Sr. Loan Officer
Nationstar Mortgage (formerly Centex Home Equity)
01.2004 - 12.2004
- Maintained strong knowledge base of lending regulations, best practices and industry trends.
- Researched potential new markets for loan product sales opportunities.
- 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.
- Ensured accuracy of all data entered into the bank's database system related to loan origination activities.
Sr. Loan Officer
Advantage Investors Mtg
12.2001 - 02.2004
- Provided guidance to customers regarding loan products, eligibility requirements, application processes, documentation requirements.
- Developed relationships with prospective borrowers through cold-calling activities and referrals from other sources.
- Maintained strong knowledge base of lending regulations, best practices and industry trends.
- Researched potential new markets for loan product sales opportunities.
- 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.
- Ensured accuracy of all data entered into the bank's database system related to loan origination activities.
- Attended networking events and conferences in order to build relationships within the industry.
Education
High School Diploma -
Cooper High School
Abilene, TX06-1990
Skills
- Encompass
- Supervisor Skills
- Communications (internal/external)
- Documentation Review
- Calyx Point
- Debt Restructuring and Refinancing
- Teamwork and Collaboration
- Microsoft Office
Accomplishments
- Top Underwriter throughout the company for over 6 mos
- Maintained a high quality of loans funded
- Met and exceeded SLAs
- SAFE ACT Compliance
- Information Security
- Conflicts of Interest
Timeline
Conventional Underwriter and FHA Credit Underwriter
Bay Equity Home Loans
07.2020 - 07.2022
Conventional Underwriter
LenderLive Network, Inc
12.2010 - 11.2013
Conventional Underwriter Correspondent Lending
Franklin American Mortgage
05.2010 - 12.2010
Underwriter/Operations Manager
Bank of America (formerly Countrywide)
04.2004 - 12.2004
Sr. Loan Officer
Nationstar Mortgage (formerly Centex Home Equity)
01.2004 - 12.2004
Sr. Loan Officer
Advantage Investors Mtg
12.2001 - 02.2004
High School Diploma -
Cooper High School
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