Sarah Jones
Las Vegas,NV
Summary
Disciplined Mortgage Underwriter pays attention to details by analyzing risks and potential problems within mortgage applications. Team player collaborates well with other underwriters, originators and processors to produce quality results. Acts with fair and ethical behavior and complies with federal regulations and Fair Housing Act requirements.
Overview
2
2
Languages
1
1
Certification
7
7
years of post-secondary education
16
16
years of professional experience
Work History
Mortgage Underwriter
Bullard Financial
Portland, Oregon
08.2020 - 08.2026
- Reviewed mortgage applications for compliance with underwriting guidelines.
- Analyzed credit reports to assess borrower risk and financial stability.
- Analyzed financial documents such as tax returns, bank statements, pay stubs, and credit reports to determine borrower's ability to repay the loan.
- Calculated debt-to-income ratios to ensure compliance with industry standards.
- Assessed risk levels associated with each loan application based on established criteria.
- Evaluated property appraisals to determine market value and loan eligibility.
- Identified potential fraud indicators during the underwriting process.
- Verified employment history and income of applicants.
- Collaborated with loan officers to gather necessary documentation for approvals.
- Issued clear written conditions for approval of mortgage loans.
- Maintained up-to-date knowledge of changing laws and regulations related to mortgage lending.
- Collaborated with cross-functional teams on special projects involving underwriting initiatives.
Senior Loan Processor
Innergy Lending
Portland, Oregon
11.2010 - 08.2020
- Reviewed borrower documentation for accuracy and completeness.
- Analyzed income documentation including pay stubs, W2s, tax returns, bank statements. to determine borrower's ability to repay the loan.
- Reviewed and verified borrowers' income, credit reports and property appraisals to prepare documents for underwriting.
- Collaborated closely with underwriters when reviewing files for final approval.
- Processed loan documents in a timely manner to meet closing deadlines.
- Managed loan files in compliance with regulatory requirements and company policy.
- Monitored progress of loans throughout the entire origination process from pre-qualification through post-closing activities.
- Coordinated closing processes with title companies and real estate agents.
- Created and completed loan submission packages.
- Coordinated document preparation with attorneys, title companies, lenders, and other third parties as needed.
- Collaborated with underwriting team to resolve loan discrepancies.
- Managed conditions sent from underwriting departments.
- Utilized various software programs such as Encompass360 Loan Origination System for data entry purposes.
- Maintained accurate records of all closed loans in accordance with company policy.
- Verified credit reports for accuracy and completeness prior to loan approval.
- Evaluated financial statements and contacted institutions and customers to clarify details.
- Conducted due diligence on potential borrowers prior to approving a loan request.
- Trained junior processors on best practices and workflow procedures.
- Assisted junior staff members with any questions they may have had about the loan process or procedures.
- Developed relationships with real estate agents and brokers to increase referral business.
- Responded promptly to customer inquiries regarding their loan status and requirements.
- Maintained complete confidentiality of submitted information according to release guidelines.
- Upheld compliance with privacy and security requirements, as well as federal statutes covering VA loans.
- Maintained fast-paced schedule by consistently providing satisfactory application approval turnaround times.
- Supported loan officiant and underwriter teams by ensuring timely, judicious and accurate loan processing.
- Calculated income, assets and liabilities to meet lender requirements.
- Reviewed appraisals for accuracy before underwriting loans for approval or denial.
- Reviewed initial client documentation to structure and submit loan package.
- Organized loan files, updated databases, prepared general correspondence and communicated with stakeholders.
Education
BBA - Business Administration And Management
Portland Community College
Portland, OR 09.2004 - 06.2010
Real Estate Brokers License - Real Estate Brokerage
Portland Community College
Portland, OR 09.2005 - 09.2006
Skills
- Regulatory knowledge
- Market analysis
- Attention to detail
- Time management
- Conflict resolution
- Training and mentoring
- FNMA guidelines
- Credit analysis
- Asset appraisal
- LTV calculations
- Residual incomes
- Loan origination software
- Underwriting guidelines
- Application analysis
- Loan evaluation
- Documentation review
- Residential loans
- Jumbo and super jumbo loans
- Debt-to-income ratios
- Contract negotiation
- Calculate payments
- Multitasking
- Professional demeanor
- Loan structuring
- Document analysis
- Report preparation
- PeopleSoft
- Effective communication
- Multitasking Abilities
- Commercial lending
- Loan portfolio monitoring
- Mortgage underwriting
- Loan processing
- Compliance management
- Cross-functional collaboration
- Regulatory compliance
- Team collaboration
- Asset verification methods
- Appraisal review expertise
- Credit risk assessment
- Credit report interpretation
- Closing document review
- Escrow account management
- Loan modification experience
- Debt-to-income ratio analysis
- Underwriting software
- Loan underwriting expertise
- Mortgage industry awareness
- Residential mortgage lending regulations
- Risk mitigation
- Task prioritization
Certification
- Real Estate Brokers Licensing Certification Completion
Languages
English
Native/ Bilingual
Spanish
Elementary
Timeline
Mortgage Underwriter
Bullard Financial
08.2020 - 08.2026
Senior Loan Processor
Innergy Lending
11.2010 - 08.2020
Real Estate Brokers License - Real Estate Brokerage
Portland Community College
09.2005 - 09.2006
BBA - Business Administration And Management
Portland Community College
09.2004 - 06.2010