Stephen P. Hovart
Burlington,New Jersey
Summary
Meticulous loan underwriter / credit analyst (DE Certified) with over 20 years of experience in evaluating mortgage loan applications with respect to FNMA, FHLMC, FHA, QM and Non-QM programs.
Overview
12
12
years of professional experience
Work History
Senior Underwriter
LoanStream Mortgage
11.2023 - Current
- Made careful determinations based on skilled analyses of submitted documentation covering credit histories, employment records, and current financial status. Currently decisioning 2 new applications per day as well as reviewing conditions, QC and Second Level Reviews.
- Maintained mortgage program compliance with federal agencies such as FHA, FNMA and FHLMC as well as QM and Non-QM.
- Determined credit risks by reviewing files in advance and comparing data against internal checklists and guidelines.
Senior Underwriter
ARC Home Loans, LLC
02.2022 - 09.2023
- Applied knowledge of underwriting guidelines to maintain compliance with applicable regulations and company standards.
- Supported review, acceptance or denial of new or renewal business after carefully reviewing all information.
- Controlled loss by assessing risk, conducting system analysis, and recommending policy solutions.
Senior Mortgage Correspondent Underwriter
Freedom Mortgage
12.2011 - 01.2022
- Verified integrity of applicants' information to minimize risk
- Maintained mortgage program compliance with federal agencies such as FHA, FNMA and FHLMC
- Communicated with correspondents daily to apprise of status' and decisions.
Education
Bachelor of Arts - Applied Economics
Rider University
Lawrenceville, NJ02.1991
Timeline
Senior Underwriter
LoanStream Mortgage
11.2023 - Current
Senior Underwriter
ARC Home Loans, LLC
02.2022 - 09.2023
Senior Mortgage Correspondent Underwriter
Freedom Mortgage
12.2011 - 01.2022
Bachelor of Arts - Applied Economics
Rider University
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