Sheryl Shane
Lakewood,CA
Summary
Accomplished and dynamic professional with over 10 years of experience as a Senior Mortgage Underwriter and over 25 years in the industry. A Top-notch Underwriter with solid experience in financial services. Proficient in determining level of risk for lenders using strong mathematical skills and experience. Conscientious and committed to adhering to standards, underwriting guidelines and authority levels.
Overview
12
12
years of professional experience
Work History
Senior Underwriter
ResiCentral
05.2024 - Current
- Underwrite FHA files (95% of pipeline) and conventional files (5% of pipeline)
- Responsible for reviewing income, assets, title, collateral and condo documents
- Maintain daily minimum underwriting quota while keeping condition reviews within posted turn times
- Work directly with broker partners and internal sales staff to resolve any issues
- Provide mentoring and coaching for less experienced underwriters to enhance overall team performance
- Keep up with ever changing guidelines and investor overlays
Senior Underwriter
KIND LENDING
03.2023 - 05.2024
- Underwrote FHA and conventional loans
- Review all aspects of loan files including credit, income, assets, collateral and investor overlays
- Work directly with brokers and processors to resolve any issues with files including restructuring if needed
- Maintain a large pipeline within posted turn times while also keeping quality control defects at a minimum
- Provide excellent customer service to external and internal partners
Senior Underwriter
ANNIE MAC HOME MORTGAGE
08.2021 - 10.2022
- Underwrite conventional and FHA mortgage loans
- Knowledge of agency guidelines and investor overlays
- Work with mortgage brokers and account executives to find solutions to difficult files
- Review credit reports, fraud reports, title reports, appraisal reports to ensure compliance
- Work with and facilitate any post close and/or audit requests during or after loan closing
- Review and clear all prior to doc underwriting conditions within posted turn times.
Underwriting Manager
HOMEPOINT FINANCIAL
08.2020 - 08.2021
- Responsible for the management of a team of 12 underwriters
- Responsible for regularly reviewing and auditing work of staff for accuracy, compliance with established guidelines are being provided
- Handles underwriting referrals on decisions exceeding underwriter levels of authority
- Advise underwriters on complex risk evaluations.
Senior Underwriter
HOMEPOINT FINANCIAL
08.2019 - 08.2020
- Ensure that loan requests meeting program and product specifications
- Counter-offer to different product and/or program when appropriate
- Remain current and knowledgeable on all HomePoint policies and procedures
- Evaluate creditworthiness of borrowers in order to render a credit decision
- This includes but is not limited to the review of pays tubs, W2's, financial statements, tax returns, asset statements, bank account statements, credit reports, etc.
Senior Underwriter
ETHOS LENDING
11.2017 - 08.2019
- Responsible for assessing the credit risk of loans and making an approval or decline decision based on internal underwriting guidelines, investor requirements, and federal regulations to ensure loan quality and production standards
- Analyzed the employment profile, credit strength and property characteristics to ensure compliance with the banks internal guidelines and borrowers capacity for repayment
- Ensured loan documents were accurate, complete and sufficient to clear all conditions for final approval within delegated authority; routinely passed internal/external quality control audits with no major deficiencies and no repurchase requests.
FHA Underwriter
PARKSIDE LENDING
07.2012 - 11.2017
- Analyzed all loan documents which include income, assets, credit, collateral, purchase contract, title, and other required documentation
- Performed underwriting decisions based on FHA guidelines
- Discussed loan conditions and decisions with processors and/or sales team.
Education
BA - Criminal Justice Administration
California State University
01.1997
Skills
- Mortgage Loan Underwriting
- FHA DE and Conventional
- Management
- Risk evaluation
- Ability to calculate complex income types and tax returns
- Ability to prioritize and organize functions on a daily basis
- DU/LP/Manual UW
- Maintain minimum file requirements and complete condition reviews within posted turn times
Timeline
Senior Underwriter
ResiCentral
05.2024 - Current
Senior Underwriter
KIND LENDING
03.2023 - 05.2024
Senior Underwriter
ANNIE MAC HOME MORTGAGE
08.2021 - 10.2022
Underwriting Manager
HOMEPOINT FINANCIAL
08.2020 - 08.2021
Senior Underwriter
HOMEPOINT FINANCIAL
08.2019 - 08.2020
Senior Underwriter
ETHOS LENDING
11.2017 - 08.2019
FHA Underwriter
PARKSIDE LENDING
07.2012 - 11.2017
BA - Criminal Justice Administration
California State University
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