Socorro Murillo
Chicago,IL
Summary
Skilled Associate Underwriter/Senior Mortgage Loan Processor with 16 years of experience in guiding clients through the underwriting process, credit and financial analysis, and reviewing loan documentation in order to accurately process and finalize Loan Approvals. Delivered exceptional results under tight deadlines while maintaining a high standard of quality control throughout each stage of the loan process.
Overview
16
16
years of professional experience
1
1
Certification
Work History
Associate Underwriter/Senior Mortgage Loan Processor
Guaranteed Rate, Inc
11.2017 - 04.2024
- Analyzed loan applications, credit reports and other supporting documentation to determine creditworthiness of applicants.
- Analyzed borrower income statements and financial (bank) statements to verify accuracy.
- Reviewed sales contracts, appraisals, titles and deeds to effectively underwrite real estate loans.
- Responded to customer requests via telephone and email and effectively answered questions and inquiries.
- Ensured compliance with federal, state and local industry regulations.
- Handled any conditions sent from underwriting departments.
- Coordinated closing process with attorneys, title companies, and government clerks.
Mortgage Loan Processor/Loan Originator
Fairway Independent Mortgage Corporation
02.2017 - 09.2017
- Managed Pipeline of 40+ files per month
- Review applications to verify data is complete and meet underwriting standards
- Proficient in encompass
- Run and Review DU/DO and LP
- Pre-qualifying borrowers
- Order and review title insurance, homeowner's insurance, loan payoffs, flood and tax certificates; thoroughly review all documents
- Submission of loans to underwriting based on investor and/or AUS requirements
- Communicate with borrowers, Loan Officers, title companies, seller's attorneys and third parties to obtain necessary documents and information for clear to close
Mortgage Loan Processor/Loan Originator
Chicago Financial Services, Inc
10.2008 - 01.2017
- Verification, compilation and submission of mortgage loans to underwriting for approval.
- Managed a high volume of loan applications, consistently meeting or exceeding established processing timeframes for both new loans and refinancing.
- Reviewed loan applications to verify data was complete and met establishment standards.
- Assisted underwriters in approving loans by verifying financial information and ensuring accurate documentation.
- Scheduled and tracked closing dates, contingency dates and loan lock expirations.
- Communicated with borrowers, Loan Officers, title companies, seller's attorneys and third parties to obtain necessary documents and information for clear to close.
Education
High School Diploma -
Cosmopolitan High School
Chicago, ILSkills
- Proficient in DU/LP and Encompass
- Outlook, Microsoft Word, Excel
- Credit Analysis
- Financial Statement Analysis
- Loan Documentation Review
- Compliance and Regulatory Knowledge
- Underwriting Guidelines and Procedures
- Fluent in English and Spanish
Certification
- Licensed Loan Officer
Timeline
Associate Underwriter/Senior Mortgage Loan Processor
Guaranteed Rate, Inc
11.2017 - 04.2024
Mortgage Loan Processor/Loan Originator
Fairway Independent Mortgage Corporation
02.2017 - 09.2017
Mortgage Loan Processor/Loan Originator
Chicago Financial Services, Inc
10.2008 - 01.2017
High School Diploma -
Cosmopolitan High School