Summary
Overview
Work History
Skills
Timeline
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Ms. Jones

Ms. Jones

Mortgage Underwriter
Houston,TX

Summary

Senior Underwriter with extensive experience in the mortgage and banking industry, emphasizing risk assessment and underwriting expertise. Skilled in team leadership and mentoring, with a solid background in financial data analysis for strategic outcomes. Knowledge of conforming and non-conforming underwriting guidelines with strengthened compliance and improved loan processing efficiency, driving operational success while mitigating risks.

Overview

12
12
years of professional experience

Work History

Sr. Underwriter

Exxon Mobil Oil Credit Union
05.2023 - Current
  • Analyzed credit, collateral and capacity to determine the borrower's ability to repay the mortgage utilizing credit union guidelines, policies and procedures for Conforming and Non-conforming mortgages as well as land loans
  • Analyzed and evaluated complex financial data, including asset based income to determine risk levels and make informed underwriting decisions for home and land loans.
  • Conducted thorough risk assessments by reviewing applicant's financial statements, credit reports, and other relevant documents
  • Provided guidance, support and training to junior underwriters pertaining to mitigating risks.

Associate Level VI Underwriter

Digital Risk, LLC
12.2019 - 09.2020
  • Analyzed Conforming and Non-conforming mortgages utilizing RICACO method.
  • Review of Non-QM mortgage loans, MI loans, Seconds, Helocs and Heloans.
  • Analyzed and evaluated complex financial statements and assets to determine risk levels and make informed underwriting decisions within 24 hours.
  • Utilized underwriting guidelines, company policies and procedures to assess the borrowers ability to repay the debt.
  • Conducted thorough risk assessments by reviewing applicant's financial statements, credit reports, and other relevant documents
  • Maintained accurate records of all underwriting activities including correspondence, decisions made, and supporting documentation
  • Analyzed and evaluated complex financial data to determine risk levels and make informed underwriting decisions
  • Utilized underwriting guidelines and company policies to assess the insurability of applicants
  • Conducted thorough risk assessments by reviewing applicant's financial statements, credit reports, and other relevant documents, i.e., 1120s, Partnerships, lease agreements and proof of business existence to determine stabilized income and assets.

Jumbo Underwriter

Caliber Home Loans
10.2013 - 03.2015
  • Analyzed and evaluated complex financial data to determine risk levels and make informed underwriting decisions on Jumbo non-conforming mortgage loans.
  • Conducted thorough risk assessments by reviewing applicant's financial statements, credit reports, and other relevant documents
  • Provided guidance and support to junior underwriters in evaluating risks associated with new business opportunities
  • Supported the growth of the mortgage portfolio by accurately assessing borrower eligibility for conventional loans.
  • Managed a pipeline of loan applications, prioritizing tasks effectively to meet deadlines and maintain productivity levels.
  • Developed a comprehensive understanding of various loan programs, enabling accurate assessments of applicant qualifications across different products.

Corporate Trainer/Underwriter

Mr. Cooper Mortgage
03.2015 - 12.2019
  • Evaluated mortgage applications to determine borrower eligibility and creditworthiness for conforming and non-conforming residential home loans.
  • Analyzed and verified applicant financial documents, including income statements, tax returns, and credit reports.
  • Reviewed loan applications for accuracy and completeness, requesting additional information when necessary
  • Calculated debt-to-income ratios and loan-to-value ratios to assess loan affordability and risk
  • Developed and delivered training programs to enhance underwriters skills and performance.
  • Assessed training needs through surveys, interviews, and performance evaluations with managers.
  • Collaborated with department heads to tailor content for specific underwriting requirements.
  • Created engaging instructional materials using multimedia tools and learning mortgage software systems, i.e. Encompass, AVM.

Skills

  • Fair housing regulations
  • Microsoft Office Suite
  • Analytical skills
  • Loan processing and underwriting
  • Cash flow management
  • Contract negotiation
  • Organizational abilities
  • Customer service excellence
  • Banking operations
  • Credit and pricing analysis

Timeline

Sr. Underwriter

Exxon Mobil Oil Credit Union
05.2023 - Current

Associate Level VI Underwriter

Digital Risk, LLC
12.2019 - 09.2020

Corporate Trainer/Underwriter

Mr. Cooper Mortgage
03.2015 - 12.2019

Jumbo Underwriter

Caliber Home Loans
10.2013 - 03.2015

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Ms. JonesMortgage Underwriter