Teresa Salazar
Riverside,CA
Summary
MORTGAGE CLOSER/CUSTOMER SERVICE/DATA ENTRY/ADMINISTRATION Highly efficient mortgage-closer specialist offering 10 years experience in drawing loan docs and assisting with funding. Well versed in FHA, CONV, VA, RESPA and regulation Z guidelines. Meticulous in delivering error-free documents, and ensuring compliance with company policies and regulatory requirements. Providing 20 years in CUSTOMER SERVICE, DATA ENTRY and PROBLEM SOLVING. Works well as a Team and Individual.
Overview
17
17
years of professional experience
Work History
Disclosure Specialist
Secure Choice Lending
02.2024 - Current
- Set up loan file with accurate fees according to selected loan program and other loan parameters through several different TPO systems.
- Managed approximately 50/100 incoming calls, emails and faxes per day from Employers, HOI Agents and sales team.
- Prepared loan estimate with new loan application and sent initial disclosures.
- Streamlined the disclosure process by implementing efficient document management systems.
- Reduced errors in disclosure documentation through meticulous attention to detail and thorough proofreading.
- Order all VOES
- Order all evidence of insurance and review accuracy and coverage of policies.
Processing & Loan Document Specialist
Mountain West Financial
11.2016 - 05.2022
- Generate initial disclosure packet verify all files are in compliance of TRID/RESPA
- Run various reports such as LDPGSA, Data Verify, IRS Transcripts, Verification of Employment, order evidence of insurance and review coverage.
- Order prelim and escrow instructions.
- Order Appraisals
- Ensured timely completion of appraisal reports by closely monitoring deadlines and tracking progress
- Communicated with fee appraisers regarding orders, reports and assignment schedules.
- Ordered FHA Case Numbers
- Request Appraisal Transfer (when applies)
- Review Appraisal for value and required inspections
- Review Inspection reports such as 104D,1007 & Termite Report
- Identify missing documents and generate a condition list for applicants.
- Issue all Loan Estimates.
- Issue Closing Disclosure.
- Insure Borrower is meeting the minimum down payment requirements and seller is not exceeding allowable contributions.
- Issue loan DOCS and set up signing appointment
- Balance with the Funder and close the file out
- Coordinated with buyer, real estate agent, escrow, title companies and sales team for a fast and accurate closing
Loan Document Specialist
Mountain West Financial
03.2010 - 11.2016
- Performed regular audits of document ensuring the accuracy and integrity of all stored information.
- Managed approximately 50/100 incoming calls, emails and faxes per day from borrowers, Escrows and sales team.
- Demonstrated adaptability by effectively managing various types of loans, including Conventional, FHA, VA, and USDA loans.
- Managed high volumes of documents efficiently, .
- Checked accuracy and completeness of documents to identify deficiencies and recommend corrective actions.
- Balance with escrow
- Coordinated document exchange and signing appointment between escrow and borrower.
- Generate Loan DOCS
Underwriting Assistant
Mountain West Financial
03.2008 - 11.2010
- Take inbound calls and direct them to the appropriate department
- Entering customer and account data from source documents
- Compiling, verifying accuracy and sorting information to prepare sources for data computer entry
- Assist the Underwriting team in all items that were necessary for approval
- Analyze Credit Report
- Create a condition list and run various reports
- Review Appraisal for value and inspections
- Review Inspection reports such as 104D,1007 & Termite Report
- Reviewed policy documents for completeness and accuracy before submission, minimizing the need for revisions or cancellations due to errors.
- Work with Brokers, Branches and the processing team for missing items to complete the checklist for loan docs
- Coordinate with buyers, processors, sales team for complete submission and loan closing with an accurate and fast turnaround time
Skills
- Teamwork
- Problem-solving
- Time management
- Attention to detail
- Multitasking
- Self motivation
Timeline
Disclosure Specialist
Secure Choice Lending
02.2024 - Current
Processing & Loan Document Specialist
Mountain West Financial
11.2016 - 05.2022
Loan Document Specialist
Mountain West Financial
03.2010 - 11.2016
Underwriting Assistant
Mountain West Financial
03.2008 - 11.2010
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