Sarah Baker
Royal Oak,AZ
Summary
Dynamic Underwriter Support Specialist with a proven track record at HomePointe, excelling in risk assessment and compliance. Expert in analyzing financial data and developing underwriting guidelines, I fostered strong broker relationships, enhancing submission quality. My attention to detail and collaborative approach significantly reduced company losses through effective loss mitigation strategies.
Overview
2024
2024
years of professional experience
Work History
Underwriter Support Specialist
HomePointe
08.2021 - 09.2023
- Analyzed financial data and credit reports to ensure accurate underwriting decisions.
- Analyzed credit, income, compliance, title documents, and appraisals during underwriting process.
- Documented underwriting decisions and provided evidence of compliance with applicable regulations.
- Developed strong relationships with brokers, leading to a higher volume of quality submissions and successful underwritings.
- Examined credit reports, financial statements and tax returns to determine repayment capability.
- Reduced company losses by identifying potential risks and recommending appropriate mitigating measures.
- Ensured compliance with regulatory requirements through diligent monitoring of industry changes and updating internal policies accordingly.
- Used DU and LP for findings as well as submitted to approproate MI companies when necessary.
- Reviewed FNMAE, FHLMC, VA, and FHA loans.
Senior Loan Processor
JFQ Lending
10.2019 - 08.2021
- Reviewed and analyzed loan applications for compliance and accuracy, ensuring adherence to lending guidelines.
- Coordinated communication between clients, underwriters, and lenders to facilitate smooth loan processing.
- Managed complex loan files, verifying documentation and resolving discrepancies efficiently.
- Developed streamlined processes for document collection, reducing turnaround times for approvals.
Loan Processor, Loss Mitigation Specialist
Flagstar Bank, FSB
2009 - 2019
- Evaluated loan applications for compliance with underwriting guidelines.
- Coordinated documentation requests to facilitate timely loan processing.
- Reviewed borrower credit reports to assess financial risk and eligibility.
- Collaborated with mortgage originators to streamline application workflows.
- Worked with down payment support grants to secure funding.
- Worked as in court liaison to defend banks position on workout options during foreclosure.
Education
Bachelor of Science - Business Administration
Central Michigan University
Mount Pleasant, Michigan, MI10.2021
Skills
- Underwriting guidelines
- Analyzing data
- Documentation review
- Risk assessment
- Quality control
- Sales support
- Loss mitigation
- Property appraisal review
- Underwriting calculations
- Loan approval & denial
- Encompass
- Condo Review
Timeline
Underwriter Support Specialist
HomePointe
08.2021 - 09.2023
Senior Loan Processor
JFQ Lending
10.2019 - 08.2021
Loan Processor, Loss Mitigation Specialist
Flagstar Bank, FSB
2009 - 2019
Bachelor of Science - Business Administration
Central Michigan University