Teri Todd

Provide contract underwriting and loan audit services for multiple national mortgage lenders while maintaining compliance with agency, investor, and regulatory guidelines.

• Underwrite FHA, VA, Conventional, Jumbo, Non-QM, HELOC, and agency loan products for both retail and wholesale.
• Perform comprehensive credit analysis involving complex borrower profiles, investment assets, rental properties, in addition to Trust's and POA's reviews that meet guidelines.
• Review tax returns, P&L statements, bank statements, pay documentation, retirement income, and asset documentation to determine repayment ability.
• Evaluate property appraisals, inspections, UCDP risk reports, and appraisal quality to ensure investor compliance.
• Analyze title commitments from all States, liens, vesting, ownership issues, and legal documentation prior to final underwriting approval.
• Utilize DU and Loan Product Advisor findings while applying independent underwriting judgment on complex transactions.
• Collaborate with processors, closers and auditors to resolve underwriting conditions and expedite loan closings.

Supported commercial lending operations by reviewing loan documentation, ensuring compliance with bank policies, and accurate loan processing within established risk parameters, draws and wires up to $10,000,000.00.

• Underwrote FHA Direct Endorsement loans, including Reverse Mortgages, USDA, VA, Conventional, HELOC, FNMA, and FHLMC loan products.
• Rendered sound credit decisions while ensuring compliance with HUD, VA, agency, investor, and company underwriting guidelines.
• Evaluated complex borrower financial profiles, credit history, collateral, and repayment capacity.
• Worked closely with loan officers and processors to resolve underwriting conditions and facilitate timely loan approvals.

Progressed into executive leadership while overseeing underwriting operations, conventional and construction lending, servicing, funding, and portfolio management.

Selected Accomplishments

• Underwrote residential mortgage loans nationwide, including FHA, Conventional, VA, Construction, Jumbo, HELOC, Hard Money, and agency loan products.
• Successfully managed production pipelines of up to 140 loans per month while maintaining quality and compliance standards.
• Performed manual underwriting on complex transactions involving self-employed borrowers, multiple entities, rental portfolios, and challenging credit profiles.
• Evaluated tax returns, financial statements, business returns, cash flow, assets, liabilities, and compensating factors to determine borrower eligibility.
• Reviewed condominium documentation, CPM reports for agency compliance, title reports, appraisal reports, inspections, UCDP risk assessment reports and compliance.
• Oversaw construction lending operations, including draw requests, inspections, contractor coordination, project funding, and risk management.
• Prepared construction loan advances up to $5 million, with management approval authority supporting projects valued up to $100 million.
• Managed loan funding, closings, servicing, client portfolio management, appraisal reviews, and property inspections.
• Ensured adherence to investor overlays, agency requirements, internal lending policies, and regulatory compliance standards.
• Partnered with executive leadership, operations teams, loan officers, processors, inspectors, and builders to successfully close complex residential and construction loans.