Patricia Famure
Houston
Summary
A Mortgage Underwriter experienced with assessing loan applications and ensuring compliance with financial regulations. Utilizes analytical skills to evaluate borrower creditworthiness and financial documents. Knowledge of industry standards and keen attention to detail in mitigating risk and approving loans. Proven ability to collaborate with team members and achieving results.
Overview
4
4
years of professional experience
Work History
Mortgage Underwriter
Evaino
12.2021 - Current
- Approve or denies loans based on established criteria and underwriting guidelines.
- Identify possible fraud risks through meticulous evaluation of application materials, protecting both lenders and homebuyers from potential losses.
- Analyze and verify applicant income, assets and credit history to support compliance with underwriting guidelines.
- Determine credit risks by reviewing files in advance and comparing data against internal checklists and guidelines.
- Communicates effectively, courteously and proactively with customers which includes both internal retail/wholesale staff and external customers.
- Collaborate with loan officers to clarify applicant information and expedite the underwriting process.
- Identified possible fraud risks through meticulous evaluation of application materials, protecting both lenders and homebuyers from potential losses.
- Adheres to established department policies and procedures relative to the underwriting, approval and closing of consumer loans.
- Played key role in successful navigation of regulatory audits, preparing detailed documentation and reports.
- Improved loan approval rates by meticulously reviewing and verifying application documentation.
- Makes credit decisions on consumer direct load products with strong focus on Home Equity Lines of Credit in adherence to Bank Credit Policies and department procedures.
- Improve team's productivity with development and implementation of standardized underwriting guidelines.
- Prepare individual portion of monthly/quarterly reports of the findings revealed during the quality control review of residential loan files and Fail Lending reviews.
- Establish strong relationships with business partners (i.e Salesforce, Risk Management, Contact Centers and Fulfillment teams etc.)
- Review Transmittal & 1003 to make sure it is accurate and complete.
- Optimize underwriting decisions, leveraging deep understanding of market trends and financial analysis techniques.
Loan Processor
Evaino
09.2020 - 12.2021
- Assisted clients in understanding complex financial documents required for completing their loan applications successfully.
- Reviewed loan files for completeness, identified missing documentation, and generated condition lists for applicants.
- Ensured accuracy of client information, verifying data collected during the application process and updating records as needed.
- Assisted customers with moderately complex inquiries.
- Prepared documents for underwriting by verifying client income, credit reports, and other information.
- Managed multiple loans simultaneously ensuring timely completion of each task assigned without compromising on compliance or quality standards.
- Ensured compliance with company policies, underwriting guidelines and lending-program requirements.
- Provided quick turnaround times to maintain fast-past schedule.
- Analyzed credit reports to determine eligibility of applicants and capacity for loan products.
- Ability to obtain relevant information from clients, realtors, builders, title companies, appraisers, bankers, accountants or anyone associated with the origination process.
- Improved customer satisfaction by providing timely updates and clear communication throughout loan application process.
- Evaluated loan requests and documents to verify accuracy and completeness.
- Performed pre-closing, post-closing, or whole laon due diligence review of legal agreements and other closing documents to terms of loan commitment.
- Conducted credit analyses on applicants to assess risk levels prior to approval decisions.
Education
Computer Systems Networking
Houston Community College
Houston, TXBachelor of Science - Mathematics
Federal Univerisity of Technology
NigeriaSkills
- Documentation review
- Underwriting guidelines
- Risk Assessment
- Application analysis
- Loan evaluation
- Income evaluation
- Conforming & Non-Conforming loans
- ARMs
- Cash-Flow Analysis
- Market analysis
- Financial history review
- Regulatory compliance
- Loan-to-Value Ratios
Timeline
Mortgage Underwriter
Evaino
12.2021 - Current
Loan Processor
Evaino
09.2020 - 12.2021
Computer Systems Networking
Houston Community College
Bachelor of Science - Mathematics
Federal Univerisity of Technology
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