Summary
Overview
Work History
Education
Skills
Training / Certifications
Computer Proficiencies
References
Timeline
Generic

Rita Sanchez

Waxahachie,TX

Summary

Over twenty-eight years of experience in Banking and Mortgage sectors, specializing in VA, FHA, and Conventional Loans. Proven expertise in risk assessment, income and credit analysis, and documentation review. Consistently delivers compliant loan packages on time, enhancing volume growth while maintaining high file quality. In-depth understanding of underwriting guidelines for both conventional and government-insured loan programs, fostering successful team collaboration for deal closures.

Overview

17
17
years of professional experience

Work History

Sr Underwriter

American Portfolio Mortgage Corporation
Dallas , TX
04.2025 - Current
  • Evaluated loan applications for adherence to underwriting guidelines.
  • Analyzed borrower creditworthiness through financial documentation and credit reports.
  • Calculated debt-to-income ratios to meet industry compliance standards.
  • Reviewed property appraisals to verify accurate valuations.
  • Maintained current knowledge of mortgage regulations and policies.
  • Issued clear written conditions for mortgage loan approvals.
  • Requested additional information to support incomplete applications when necessary.
  • Communicated loan decisions, including approvals, suspensions, or denials, to relevant parties clearly.

Government Underwriter III / Underwriting Manager

Bay Equity LLC
Concord, CA
03.2024 - 04.2025
  • Executed thorough underwriting of VA, FHA, and Conventional loans with strong attention to detail.
  • Calculated accurate debt-to-income ratios to ensure adherence to industry standards.
  • Conducted comprehensive reviews of loan applications for risk assessment and credit evaluation.
  • Analyzed applicant financials including income, assets, liabilities, and credit history for informed decisions.
  • Verified completeness and accuracy of necessary documentation throughout the process.
  • Interpreted automated underwriting system results to guide underwriting decisions.
  • Led a dedicated team of underwriters aimed at timely application processing.
  • Collaborated with Loan Processors and Originators to resolve issues during the underwriting process.

Sr. Mortgage Underwriter

American Mortgage Bank
Oklahoma City, OK
07.2023 - 01.2024
  • Executed detailed underwriting of VA, FHA, and Conventional loans while ensuring compliance.
  • Calculated debt-to-income ratios and assessed risk according to established criteria.
  • Reviewed financial documents like tax returns and credit reports for borrower qualification.
  • Interpreted automated underwriting system outputs for effective loan processing.
  • Sought additional information for incomplete applications to facilitate assessment.
  • Maintained up-to-date knowledge of compliance requirements for loan products.
  • Worked closely with Loan Processors, Loan Originators, and Management throughout the underwriting process.
  • Completed underwriting of FHA test cases to achieve HUD approval.

Sr. Mortgage Underwriter

Aspire Financial Inc.
Dallas, TX
08.2020 - 05.2023
  • Executed detailed underwriting for VA, FHA, and Conventional loans.
  • Evaluated risk levels for loan applications based on established criteria.
  • Calculated debt-to-income ratios to maintain compliance with industry standards.
  • Analyzed financial documents to assess borrower's repayment capability.
  • Interpreted results from automated underwriting systems for informed decision-making.
  • Assessed market value of collateral properties during evaluations.
  • Requested additional information to complete applications when necessary.
  • Maintained expert knowledge of compliance requirements for Government and Conventional loans.

Sr. Underwriter

Midwest Equity Mortgage LLC.
Oakbrook Terrace, IL
05.2019 - 08.2020
  • Conducted thorough analysis of loan applications for VA, FHA, and Conventional loans.
  • Assessed risk levels associated with loans by reviewing established underwriting criteria.
  • Evaluated collateral properties to accurately determine their market values.
  • Utilized automated underwriting system results to guide loan approval decisions.
  • Examined financial documents such as credit reports and pay stubs to assess borrowers' financial health.
  • Communicated needs for additional documentation to support application completeness.
  • Developed comprehensive understanding of compliance requirements for various loan products.
  • Engaged with Loan Processors and Management during all stages of the underwriting process.

Sr. Underwriter

Security National Mortgage Company
Austin, TX
07.2018 - 05.2019
  • Performed comprehensive underwriting for VA, FHA, and Conventional loans with a focus on detail.
  • Analyzed risk levels linked to loan applications against set criteria for informed decisions.
  • Scrutinized financial records like tax returns and bank statements to verify borrowers' capacity to repay.
  • Interpreted data from automated underwriting tools to guide approval processes.
  • Appraised collateral properties to establish accurate market values for lending.
  • Requested further information on applications as needed to ensure thorough evaluations.

VP Underwriting Manager (Promoted)

Aspire Financial Advisors
Dallas, TX
05.2016 - 06.2018
  • Led underwriting team by providing support and guidance, aligning efforts with company standards.
  • Monitored team performance, addressing challenges to ensure productivity.
  • Facilitated meetings to clarify guidelines for the underwriting process.
  • Assisted underwriters with VA, FHA, and Conventional loan file overflow management.
  • Conducted risk assessments for Credit Committee reviews as required.
  • Recruited qualified personnel to fill vacancies within the team.
  • Maintained detailed records of attendance, payroll data, and vacation requests for employees.
  • Collaborated on resolving post-closing issues with relevant departments.

Sr. Underwriter

Aspire Financial Inc.
Dallas, TX
06.2008 - 05.2016
  • Gained VA SAR/LAPP designation and acquired underwriting experience for VA loans.
  • Underwrote FHA and conventional loans, assessing risk levels based on established criteria.
  • Analyzed financial documents to evaluate borrower's repayment capability.
  • Interpreted results from automated underwriting systems to inform decisions.
  • Reviewed appraisals for accuracy and compliance with company standards.
  • Requested additional information from borrowers to evaluate loan risks effectively.
  • Maintained expert knowledge of compliance with government and conventional underwriting requirements.
  • Collaborated with Loan Processors, Loan Originators, and Management throughout underwriting phases.

Education

Red Oak High School
Red Oak, TX

Skills

  • Management of staff
  • Expertise in underwriting loans
  • Analysis of credit and income
  • Assessment of cash flow
  • Risk assessment capabilities
  • Post-closing review processes
  • Determination of creditworthiness
  • Proficient with AUS tools
  • Attention to detail focus
  • Decisive decision making skills
  • Problem-solving abilities in finance
  • Processing and underwriting support

Training / Certifications

HUD, VA, FNMA and Freddie Mac, Training classes/ Seminars. 

Computer Proficiencies

Encompass; Calix/Point; Datatrac/Docutrac; PC Lender; Lending QB; MS Word/Excel.

References

References available upon request.

Timeline

Sr Underwriter

American Portfolio Mortgage Corporation
04.2025 - Current

Government Underwriter III / Underwriting Manager

Bay Equity LLC
03.2024 - 04.2025

Sr. Mortgage Underwriter

American Mortgage Bank
07.2023 - 01.2024

Sr. Mortgage Underwriter

Aspire Financial Inc.
08.2020 - 05.2023

Sr. Underwriter

Midwest Equity Mortgage LLC.
05.2019 - 08.2020

Sr. Underwriter

Security National Mortgage Company
07.2018 - 05.2019

VP Underwriting Manager (Promoted)

Aspire Financial Advisors
05.2016 - 06.2018

Sr. Underwriter

Aspire Financial Inc.
06.2008 - 05.2016

Red Oak High School

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