Rhonda Zamarripa
Ontario ,CA
Summary
Skilled Loan Underwriter with comprehensive knowledge in credit and risk assessment, financial analysis, and regulatory compliance. Possess strong critical thinking skills for making sound decisions based on detailed review of complex financial data. Previous roles highlighted ability to increase efficiency and accuracy in loan underwriting processes, demonstrating keen understanding of mortgage industry standards and guidelines. Known for maintaining high level of integrity and professionalism, while contributing to team success through collaborative problem solving.
Overview
10
10
years of professional experience
Work History
FHA DE & NonQM Underwriter
Ameritrust Mortgage Corp
Tustin, CA
06.2023 - Current
- Analyzed financial documents such as tax returns, bank statements, pay stubs, and credit reports to determine borrower's ability to repay the loan.
- Managed multiple tasks simultaneously while meeting tight deadlines.
- Resolved document mistakes and discrepancies and identified signs of fraudulent activity.
- Utilized automated underwriting systems (AUS) to expedite loan approval decisions.
- Provided support and guidance to junior underwriters and other team members.
- Reviewed and verified loan application documents for compliance with lender criteria and federal regulations.
- Reviewed titles and appraisals to validate properties to meet insurer and guarantor guidelines.
- Performed detailed asset analysis to prevent fraud and verify sources of funds for closing.
- Evaluated loans against portfolio and investor guidelines.
FHA DE Underwriter
PacWest Home Loans
Rancho Cucamonga, CA
06.2022 - 06.2023
- Determined the eligibility of mortgage applications based on government lending regulations and internal policies.
- Utilized automated underwriting systems (AUS) to expedite loan approval decisions.
- Collaborated with loan originators and processors to correctly review and assess applications and risks.
- Participated in meetings with lenders, brokers, customers as needed addressing any questions or concerns about the underwriting process.
- Analyzed property appraisals to ensure value and condition meet loan requirements.
- Reviewed and analyzed loan documents such as credit reports, income documents, appraisals, title reports, and other related items to determine compliance with FHA guidelines.
- Ensured loans met all underwriting guidelines for government-sponsored entities (GSEs) such as Fannie Mae and Freddie Mac.
FHA DE Underwriter
Best Captial Funding
Rancho Cucamonga, CA
05.2016 - 06.2022
- Developed a thorough understanding of federal regulations pertaining to fair housing practices and anti-discrimination laws.
- Evaluated and approved loan applications based on established criteria.
- Analyzed applicant financial and credit status, evaluating assets and risk to determine loan feasibility.
- Assisted in training new staff members on applicable laws and regulations governing the underwriting process.
- Managed loan pipeline to ensure timely processing and adherence to deadlines.
- Collaborated closely with processors and loan officers throughout the entire transaction cycle ensuring all required documentation was received timely.
- Maintained up-to-date knowledge of changing lending regulations and guidelines.
- Evaluated loans against portfolio and investor guidelines.
Education
Associate of Arts - Business
Chaffey College
Rancho Cucamonga, CA05-1993
Skills
- Strong analytical skills
- FHA guidelines expertise
- Credit analysis proficiency
- DE certification
- FNMA guidelines
- Appraisal review
- Skilled in Analyzing Financial Reports
Timeline
FHA DE & NonQM Underwriter
Ameritrust Mortgage Corp
06.2023 - Current
FHA DE Underwriter
PacWest Home Loans
06.2022 - 06.2023
FHA DE Underwriter
Best Captial Funding
05.2016 - 06.2022
Associate of Arts - Business
Chaffey College