Swaleha Abbasi
Miami,FL
Summary
Seasoned Senior Mortgage Underwriter known for high productivity and efficient task completion. Possess specialized skills in risk assessment, regulatory compliance, and credit analysis. Excel in critical thinking, decision-making, and problem-solving to ensure smooth loan approval processes.
Overview
13
13
years of professional experience
Work History
Senior Mortgage Underwriter
Inter US Finance, LLC
03.2023 - Current
- Determined credit risks by reviewing files in advance and comparing data against internal checklists and guidelines.
- Verified integrity of applicants' information to minimize fraud.
- Worked with processing team members to communicate errors and obtain missing information for current applications.
- Maintained mortgage program compliance with federal agencies such as VA, HUD, and FNMA.
- Made careful determinations based on skilled analyses of submitted documentation covering credit histories, employment records, and current financial status.
- Reviewed and approved Conventional Fannie Mae, Freddie Mac, and Non-QM loans up to $7 million.
- Prepared final credit package for the closing team.
- Trained and managed the processing and junior underwriter
- Fostered a positive team environment by maintaining open lines of communication and supporting colleagues in their professional development.
Senior Mortgage Underwriter
A&D Mortgage, LLC
10.2016 - 01.2023
- Determined credit risks by reviewing files in advance and comparing data against internal checklists and guidelines.
- Reviewed appraisal reports according to the general and company guidelines
- Rendered final loan decisions and compiled comprehensive credit packages for Quality Control and Post-Closing departments.
- Trained and mentored newly hired underwriters, ensuring a thorough understanding of underwriting guidelines and procedures.
- Assisted the Closing and Post-Closing teams in retrieving and resolving any outstanding documentation requirements.
- Collaborated with Account Executives and Wholesale Brokers to address and resolve file discrepancies, ensuring a smooth underwriting process.
Mortgage Loan Processor/Assistant Underwriter
A&D Mortgage, LLC
10.2016 - 01.2023
- Analyzed borrower credit reports and income statements to verify accuracy.
- Managed a high volume of loan applications, consistently meeting or exceeding established processing timeframes for both new loans and refinancing.
- Successfully handled sensitive client information discreetly, ensuring full compliance with privacy regulations and company protocols.
- Improved turnaround times by promptly requesting necessary documents from clients and keeping them informed of progress throughout the process.
- Reduced company losses by identifying potential risks and recommending appropriate mitigating measures
- Served as liaison between borrowers, realtors, and lenders to foster strong relationships and enhance communication.
- Enhanced customer satisfaction by providing timely updates on loan application status and addressing inquiries.
- Collaborated with Loan Officers to provide timely, accurate service for clients throughout entire mortgage process.
- Collaborated with underwriters to ensure a smooth and efficient loan approval process, resulting in increased productivity.
- Collaborated with sales teams to develop competitive pricing strategies for new products, increasing market share.
- Assisted in developing training materials used to educate new hires on essential job functions, contributing to their successful onboarding and integration into the team.
Loan Processor
Network Capital Funding Corporation
03.2016 - 09.2016
- Reviewed loan files for completeness, identified missing documentation, and recorded documents requested by underwriting.
- Assisted clients in understanding complex financial documents required for completing their loan applications successfully.
- Improved loan processing efficiency by streamlining documentation and communication procedures.
- Facilitated successful loan closings by coordinating with underwriters, title companies, and attorneys throughout the process.
Personal Banker
Wells Fargo Bank
02.2014 - 02.2016
- Generated new business by conducting thorough financial needs assessments and offering tailored products to clients.
- Delivered comprehensive financial advice, strengthening client relationships and promoting long-term loyalty.
- Assisted customers with setting up or closing accounts, completing loan applications, and signing up for new services.
- Enhanced client retention with proactive follow-ups and timely resolution of account issues.
- Trained new personal bankers, elevating team performance and service quality.
Lead Teller
Wells Fargo Bank
12.2012 - 02.2014
- Balanced cash drawer daily and resolved discrepancies to provide accurate data regarding cash flow.
- Managed high-volume transactions efficiently while maintaining attention to detail, ensuring accurate processing for customers.
- Processed customer transactions promptly, minimizing wait times.
- Answered customer inquiries regarding account balances, transaction history, services charges, and interest rates.
- Mentored junior tellers, fostering professional growth and improved performance within the team.
- Supported branch management in conducting audits, demonstrating attention to detail while verifying transactional records for accuracy.
Education
Bachelor’s - Finance
Florida International University
Skills
- FNMA guidelines
- Credit analysis
- Residential loans
- Fraud detection
- Document analysis
- Leadership skills
- Client relationship building
- Excellent communication
- Analytical thinking
- Underwriting software
- Microsoft Office
Languages
English
Hindi
Urdu
Timeline
Senior Mortgage Underwriter
Inter US Finance, LLC
03.2023 - Current
Senior Mortgage Underwriter
A&D Mortgage, LLC
10.2016 - 01.2023
Mortgage Loan Processor/Assistant Underwriter
A&D Mortgage, LLC
10.2016 - 01.2023
Loan Processor
Network Capital Funding Corporation
03.2016 - 09.2016
Personal Banker
Wells Fargo Bank
02.2014 - 02.2016
Lead Teller
Wells Fargo Bank
12.2012 - 02.2014
Bachelor’s - Finance
Florida International University