Tara Baker
Galt,CA
Summary
Top-notch Underwriter with solid experience in financial services. Proficient in determining level of risk for lenders using strong mathematical and statistical skills. Conscientious and committed to adhering to standards, underwriting guidelines and authority levels.
Overview
10
10
years of professional experience
Work History
Underwriter
International City Mortgage, INC DBA Genhome Mortgage
12.2022 - 02.2023
- Wholesale and retail Underwrite Conventional & FHA loans to investor and agency guidelines (DE Underwriter)
- Income & Asset analysis
- Ensure all documentation complies with guidelines
- Remote underwriting
- Underwriter loans to internal QC guidelines
- Check investors guidelines for overlays.
- Multi State Loan Underwriting & processing including but not limited to CA, OR, WA, FL, ID, NV, CO, AZ, TX, NM, SC, NC, MS, TN, UT, MT, WY, LA, VA, OH, HI
- Run appraisal logging and clear borrower validations through FHA connection.
- Assist with purchasing conditions
- Evaluated loan application and determined eligibility
- Extensive knowledge of online programs and guidelines
- CAIVRS
- Clear QM findings
- Reviewed appraisals and preliminary title reports
- Complete paperless underwriting
- Run Fraud guard.
- Post funding QC audits
- Analysis of defaulted loans
- Make sure all loans are in compliance according to new lending guides
- Excellent knowledge of Encompass, Caylx, DU/DO & LP systems
- Order flood certifications
- Order MI certs
- Achieved faster turnaround times in application processing by optimizing workflows within the underwriting department.
- Analyzed credit, income, compliance, title documents, and appraisals during underwriting process.
- Managed a portfolio of high-risk clients, implementing tailored underwriting guidelines to minimize losses while maintaining growth opportunities.
- Developed strong relationships with brokers, leading to a higher volume of quality submissions and successful underwritings.
- Increased customer satisfaction through timely communication and efficient handling of loan applications.
- Streamlined underwriting processes by creating standardized templates for evaluating applicant qualifications.
- Ensured compliance with regulatory requirements through diligent monitoring of industry changes and updating internal policies accordingly.
- Provided excellent customer service by addressing inquiries promptly and offering comprehensive explanations of underwriting decisions.
- Reduced company losses by identifying potential risks and recommending appropriate mitigating measures.
- Reviewed applications for insurance coverage and reports from loss control specialists to determine risks.
- Assessed and advised on loan applications utilizing in-depth underwriting process understanding.
- Built strong relationships with lenders, brokers and clients for constructive communications.
- Made approval and denial recommendations by determining accurate risk levels.
- Improved risk assessment accuracy by conducting thorough reviews of loan applications and financial documents.
- Provided professional services and support in a dynamic work environment.
- Cultivated interpersonal skills by building positive relationships with others.
- Adaptable and proficient in learning new concepts quickly and efficiently.
- Demonstrated strong organizational and time management skills while managing multiple projects.
- Self-motivated, with a strong sense of personal responsibility.
- Passionate about learning and committed to continual improvement.
- Demonstrated respect, friendliness and willingness to help wherever needed.
- Used strong analytical and problem-solving skills to develop effective solutions for challenging situations.
Underwriter, Processing & Underwriting Manager
West Coast Mortgage Group
02.2013 - 12.2022
- Underwrite Conventional & FHA loans to investor and agency guidelines (DE Underwriter)
- Income & Asset analysis
- Remote underwriting and processing
- Underwriter loans to internal QC guidelines
- Check investors guidelines for overlays
- Multi State Loan Underwriting & processing including but not limited to CA, OR, WA, FL, ID, NV, CO, AZ, TX, NM
- Run appraisal logging and clear borrower validations through FHA connection
- Upload loans into lenders lending websites
- Complete full-service processing of FHA, VA and CONV & Non-QM lending
- Conferred with lenders, title companies, and brokers to ensure that terms and conditions purchase/loan of agreements are met before closing dates
- Coordinated property closings, oversee signing of documents and disbursement of funds
- Evaluated loan application and determined eligibility
- Input loans
- Respond and answer customer problems and inquiries to provide total customer satisfaction
- Build and maintained strong business relationships before, during and after close of escrow to generate referrals and repeat business
- Extensive knowledge of online programs and guidelines
- Open/Order FHA case numbers and CAIVRS
- Processed loans from open to close
- Reviewed appraisals and preliminary title reports
- Complete paperless underwriting
- Ordered all loan documentation required by Investors
- Run online submissions for approval
- Pulled credit for prospective borrowers
- Make sure all loans are in compliance according to new lending guides
- Excellent knowledge of Calyx Point, DU/DO & LP systems
- Paperless processing
- Order flood certifications
- Order 4506 Tax transcripts
- Follow up on items needed to get loans purchased
- Order MI certs
- Complete are COC and re-disclosures
- Train new loan processors to disclose loans, process and procedure
- Train new employees
- Assisted Company with FHA test case in order to get approved to underwrite FHA loans.
- Documented underwriting decisions and provided evidence of compliance with applicable regulations.
- Managed a portfolio of high-risk clients, implementing tailored underwriting guidelines to minimize losses while maintaining growth opportunities.
- Examined credit reports, financial statements and tax returns to determine repayment capability.
Education
Graduated -
Elk Grove High School
01.1999
Skills
- Loss Prevention
- Asset Statements
- Documentation Review
- Credit analysis
- Risk Assessment
- Data Interpretation
- Underwriting guidelines
- Relationship Building
- Policy Development
- Loss Mitigation
- Sales Support
- Application Review
- Agent support
- Industry Trends
- Quality Control
- Client Relationship Building
- Loan Evaluation
- Caseload Management
- Analyzing data
- Analytical Thinking
- Interpersonal Communication
- MS Office
- Organizational Skills
- Dependable and Responsible
- Teamwork and Collaboration
- Organization and Time Management
- Self-Directed
- Excellent Communication
- Critical Thinking
- Team Management
- Supervision and leadership
- Customer Service
- Troubleshooting
Qualifications Summary
Highly talented and accomplished management professional with more than 20 years’ experience in loan processing and account management, sales and marketing. Proven ability to lead and direct successful sales-oriented businesses. Strong background in lending and business operation, with extensive skills and experience in training, and operations management. Able to produce dramatic increases in revenue. Familiar with creating and implementing policies and procedures. Efficient and meticulous, with strong entrepreneurial and leadership abilities. Extremely effective in stressful situations and fast-paced environments.
Training
- Principles of Real Estate
- Real Estate Practice
- Economics
- Financing
- Property Management
- Legal aspects of Real Estate
- Real Estate Appraisal
- Real Estate Investments, Exchanges, Taxation & Creative Financing
Community Service
Participated in Relay for Life Sponsored by the American Cancer Society, 2005–2011
Timeline
Underwriter
International City Mortgage, INC DBA Genhome Mortgage
12.2022 - 02.2023
Underwriter, Processing & Underwriting Manager
West Coast Mortgage Group
02.2013 - 12.2022
Graduated -
Elk Grove High School
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