Renee Tenhunfeld
North Ridgeville,OH
Summary
Junior Underwriter with 10+ years of experience in all aspects of residential and commercial mortgage underwriting and processing. Accurate and dedicated to evaluating financial documentation and promotes positive client interactions. Works exceptionally well in fast-paced environments driven by tight deadlines. Employs critical eye toward document details and customer information to avoid errors and promote efficiency.
Overview
7
7
years of professional experience
Work History
Senior Commercial Loan Processor
Constructive Loans
03.2023 - 08.2023
- Maintained a high level of accuracy when reviewing financial documents, including income statements, credit reports, and collateral evaluations.
- Facilitated smooth communication between borrowers, lenders, and third-party vendors to ensure timely completion of transactions.
- Delivered consistent results under tight deadlines using strong organizational skills and ability to prioritize tasks effectively.
- Increased efficiency in handling client inquiries by developing comprehensive knowledge of loan products and services.
- Collaborated with underwriters to expedite approval process for commercial loans.
- Calculated DSCR to determine maximum loan amounts and avoid overextending applicants on Non-QM loans.
Underwriter I
InterFirst Wholesale Mortgage
06.2022 - 01.2023
- Underwrote credit, income, compliance, title documents, and appraisals during underwriting process.
- Documented underwriting decisions and provided evidence of compliance with applicable state and federal regulations.
- Provided excellent customer service by addressing inquiries promptly and offering comprehensive explanations of underwriting decisions to sales, brokers, processors, etc.
- Conducted regular prioritization of underwriting files to ensure closing dates, conditions, compliance, and consistency in decision-making processes.
- Maintained strong relationships with third-party vendors involved in application process, ensuring smooth transactions for all parties involved.
- Determined income by analyzing both business and personal returns, P & L's, and calculating bank statement income.
- Made exception and compensating factor recommendations by determining accurate risk levels.
Senior Mortgage Loan Processor
Best Capital Funding, (BCF)
11.2021 - 04.2022
- Collaborated with team members to meet monthly targets, contributing to overall success of department.
- Reduced turnaround time for mortgage approvals through effective communication with underwriters and loan officers.
- Increased productivity by implementing time-saving strategies such as standardized checklists and document templates.
- Promoted teamwork within department by fostering inclusive environment and encouraging open communication among colleagues.
- Handled any conditions sent from underwriting departments.
- Enhanced loan processing efficiency by use of Excel (Microsoft Office) spreadsheets.
Senior Home Loan Processor
Wells Fargo
08.2016 - 06.2019
- Participated actively in continuous professional development opportunities for staying current on industry trends and compliance updates.
- Assisted underwriting department in performing quality control audits on closed loans, identifying areas for improvement in future processes as needed.
- Identified potential issues within loan files early in process, enabling quick resolution before delays could occur.
- Collaborated with underwriters, ensuring accurate submission of documentation for swift approval decisions.
Education
Associate of Science - Veterinary Technology
Columbus State Community College
Columbus, OH06.1999
Skills
- Loan structuring
- Documentation Review
- Loan Underwriting
- Cash Flow analysis
- Income Calculations
Timeline
Senior Commercial Loan Processor
Constructive Loans
03.2023 - 08.2023
Underwriter I
InterFirst Wholesale Mortgage
06.2022 - 01.2023
Senior Mortgage Loan Processor
Best Capital Funding, (BCF)
11.2021 - 04.2022
Senior Home Loan Processor
Wells Fargo
08.2016 - 06.2019
Associate of Science - Veterinary Technology
Columbus State Community College
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