Work Preference
Summary
Overview
Work History
Education
Skills
Accomplishments
Timeline
AdministrativeAssistant
Terra Munger
Open To Work

Terra Munger

Mortgage Loan Processor
Vancouver,WA

Work Preference

Job Search Status

Open to work
Desired start date: Open to discussion

Desired Job Title

Sr. Mortgage Loan Processor

Work Type

Full Time

Location Preference

Remote

Salary Range

$38/hr - $45/hr

Important To Me

Work-life balanceFlexible work hoursCareer advancementHealthcare benefitsWork from home optionPaid time offPaid sick leave401k matchStock Options / Equity / Profit SharingCompany CulturePersonal development programsTeam Building / Company Retreats

Summary

Dynamic Sr. Mortgage Loan Processor with a proven track record at Mechanics Bank, adept at reducing approval turnaround times and enhancing productivity through innovative strategies. Skilled in evaluating mortgage applications and fostering team collaboration, I excel in maintaining regulatory compliance while delivering exceptional results under pressure. Committed to supporting diverse communities in securing home financing.

Overview

13
13
years of professional experience

Work History

Sr. Mortgage Loan Processor

Mechanics Bank Formerly HomeStreet Bank
05.2012 - Current
  • Process mortgage applications by collecting and verifying necessary documentation.
  • Utilize mortgage software to track loan progress and manage documentation.
  • Reduced turnaround time for mortgage approvals through effective communication with underwriters and loan officers.
  • Increased productivity by implementing time-saving strategies such as standardized checklists and document templates.
  • Improved interdepartmental communication by establishing clear protocols for sharing information among team members.
  • Supported company initiatives aimed at increasing diversity within our client base, working closely with underrepresented communities in securing home financing options.
  • Reviewed financial statements and contacted institutions and customers to clarify details.
  • Provided comprehensive support to loan officers, ensuring they had all necessary information to make informed decisions on mortgage applications.
  • Played an instrumental role in reducing errors through thorough review processes and attention to detail in reviewing applicant information.
  • Adapted quickly to changing market conditions, effectively adjusting workflow priorities based on fluctuating application volumes or regulatory shifts.
  • Managed a large pipeline of loans, prioritizing tasks to ensure deadlines were met consistently.
  • Maintained a high level of accuracy in data entry, ensuring all loan applications were processed without errors.
  • Delivered exceptional results under tight deadlines while maintaining a high standard of quality control throughout each stage of the loan process.
  • Analyzed borrower credit reports and income statements to verify accuracy.
  • Set up and completed loan submission packages.
  • Collaborated with Loan Officers to provide timely, accurate service for clients throughout entire mortgage process.
  • Reviewed and validated details of loan applications and closing documentation.
  • Stayed up to date on loan regulation changes, processing loan applications in compliance with current laws.
  • Coordinate with underwriters to ensure timely reviews of mortgage files.
  • Proficient in Encompass® Loan Origination System (LOS) with hands-on experience in configuring workflows, managing loan pipelines, and optimizing system performance.

Education

Associate of Science - Business Administration

Clark College
Vancouver, WA

Skills

  • Clear written communication
  • Team collaboration
  • Strong organizational skills
  • Skilled in evaluating mortgage applications
  • Detailed assessment of documents
  • Strong organizational skills
  • Extensive knowledge and experience in Special Programs including WSHFC, CalHFA, Habitat for Humanity, Proud Ground, Oregon State Bond, Home$tart, Map 80, and IDA
  • Conforming & Nonconforming loans, Fannie Mae and Freddie Mac, ARMs, Jumbo Loans, VA, FHA, & USDA Rural Development loans
  • Outperformed company average of achieving loan-processing turn-around times of 12 days or less (compared to typical 15-20 days)
  • Regarded one of the company's most productive loan processors, handling an average of 25 files monthly
  • Processed challenging loan applications (eg, first-time borrowers, self-employed applicants, and borrowers with problematic credit histories)

Accomplishments

    Maintains 100% Quality Assurance rating on all files for over 10 years

Timeline

Sr. Mortgage Loan Processor

Mechanics Bank Formerly HomeStreet Bank
05.2012 - Current

Associate of Science - Business Administration

Clark College

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