Stacey Cremen
Bel Air,Maryland
Summary
Accomplished loan processor, auditor, and underwriter with 20 years’ experience in the financial industry. Proven record of profitable lending transactions with a fortune 500 company. Proficient with mortgage documents combining in-depth industry knowledge and effective multi-tasking abilities to promote and secure new and repeat business. Earned two separate promotions to a lead processing position acquiring leadership status in my region.
Overview
20
20
years of professional experience
Work History
FHA Underwriter
First Home Mortgage
Baltimore, MD
08.2021 - 07.2024
- Handled underwriting for various types of FHA loans including FHA bond loans and FHA Buydown
- Underwrote credit and collateral for new files, accurately calculating income, assets, ratios, and credit to ensure loan conformity with FHA and investor overlays.
- Responsible for managing a daily flow of new underwriting files and conditions with the ability to meet turn times
Conventional Underwriter
First Home Mortgage
Baltimore, MD
12.2016 - 07.2024
- Demonstrated expertise in underwriting a diverse range of loans including HomeReady, Home Possible, Conventional Bond loans, Buydown, and BorrowerSmart
- Applied fundamental knowledge of Agency guidelines and investor overlays in job role.
- Facilitated effective communication between processors, loan officers, and myself to address challenging concerns and ensure clarity.
- Maintained high levels of task completion and offered support whenever possible.
Pre-Funding Auditor/Quality Assurance Auditor
First Home Mortgage
Baltimore, MD
09.2010 - 12.2016
- Demonstrated ability to prioritize and maintain quality, compliant loans without supervision.
- Successfully mentored and empowered colleagues for increased productivity
- Analyzed, identified and corrected problems related to credit, AUS, change of circumstances, and loan documentation on Conventional, FHA and VA loans
- Compiled information from potential and current vendors to enhance cost control and risk mitigation via our vendor management system.
- Contributed to branch audits, verifying compliance with regulations.
Loan Document Specialist 3
Wells Fargo
Bel Air, MD
04.2008 - 08.2010
- Processed sub-prime and FHA real estate loans for multiple offices, managing the entire loan process from initial income document submission to final approval.
- Performed underwriting duties by utilizing strong analytical skills to review and confer loan files before final approval.
- Managed team of junior processors at four district offices, consistently exceeding monthly and quarterly goals set by regional manager.
- Promoted to Loan Document Specialist III, responsible for maintaining primary contact with managers of surrounding branches and our central loan approval office.
Lead Processor
Wells Fargo Financial
Nottingham, MD
12.2004 - 04.2008
- Successfully performed various processing tasks in multiple offices within my region to ensure all present real estate and unsecured loans were accurately and timely processed.
- Conducted all major processing duties including income documents, titling, appraisals, home-owners insurance, accounts receivables and file organization.
- Built relationships with customers contacting and guiding to ensure a smooth loan transaction.
- Collaborated with all sales teams in effective and ethical processing practices to make certain a timely and efficient loan transaction.
- Recognized through promotion from loan processor to lead processor receiving two weeks real estate processing training in Des Moines, IA.
Education
High School Diploma -
Bel Air High School
Bel Air, MD06-2002
Some College (No Degree) - General Studies
Harford Community College, 2002-2004
Bel Air, MDSkills
- Analyzing data
- Renewing policies
- Caseload Management
- Quality Control
- Application Review
- Documentation Review
- Credit analysis
- Quality Assurance
Timeline
FHA Underwriter
First Home Mortgage
08.2021 - 07.2024
Conventional Underwriter
First Home Mortgage
12.2016 - 07.2024
Pre-Funding Auditor/Quality Assurance Auditor
First Home Mortgage
09.2010 - 12.2016
Loan Document Specialist 3
Wells Fargo
04.2008 - 08.2010
Lead Processor
Wells Fargo Financial
12.2004 - 04.2008
High School Diploma -
Bel Air High School
Some College (No Degree) - General Studies
Harford Community College, 2002-2004
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