Thomas Ballor
Macomb,MI
Summary
Dynamic Senior Mortgage Underwriter with a proven track record at Freedom Mortgage Corporation, excelling in credit analysis and customer service. Achieved a 25% increase in productivity by implementing streamlined underwriting processes. Adept at problem-solving and fostering relationships with loan officers, ensuring compliance and enhancing borrower satisfaction.
Overview
10
10
years of professional experience
4026
4026
years of post-secondary education
Work History
Senior Mortgage Underwriter
Freedom Mortgage Corporation
Boca Raton, Florida
01.2024 - Current
- Evaluated borrower creditworthiness through comprehensive financial assessments and documentation review to support lending decisions.
- Analyzed mortgage applications ensuring compliance with company guidelines and regulations to mitigate risk.
- Collaborated with loan officers to clarify application requirements and streamline processing, enhancing overall efficiency.
Senior Mortgage Underwriter
Homesite Mortgage
Shelby Township, MI
03.2023 - 11.2023
- Developed and implemented underwriting policies and procedures to streamline loan approval process, resulting in a 25% increase in productivity and a reduction of errors by 15%.
- Evaluated and assessed mortgage loan applications, ensuring compliance with underwriting guidelines and regulatory standards, resulting in a 15% reduction in loan processing time.
- Collaborated with loan officers and real estate agents to gather necessary documentation and resolve complex underwriting issues, fostering strong relationships and improving customer satisfaction 20%.
- Analyzed mortgage applications for compliance with company guidelines, ensuring adherence to regulatory standards.
Senior Mortgage Underwriter
Freedom Mortgage
Boca Raton, FL
11.2021 - 11.2022
- Evaluated complex financial statements, credit reports, and loan documents to determine borrower eligibility for mortgage approvals.
- Collaborated with loan officers, appraisers, and title companies to ensure accurate and efficient processing of mortgage applications, resulting in a reduction of processing time by 30%.
- Conducted risk assessments and reviewed loan documents to identify potential fraud, ensuring compliance with regulations and reducing risk of default.
Senior Mortgage Underwriter
United Wholesale Mortgage
Pontiac, MI
04.2016 - 11.2021
- Evaluated complex income scenarios, ensuring accurate debt-to-income ratio calculations and adherence to industry guidelines, enhancing overall loan assessment accuracy.
- Analyzed loan applications, assessing financial documents and credit history to determine risk levels and loan eligibility, contributing to informed lending decisions.
- Mentored junior underwriters by sharing industry knowledge and best practices, fostering skill development and maintaining high loan quality standards.
Education
MBA - Finance
Walsh College of Accountancy And Business Administration
Troy, MI12-2013
Bachelor of Science - Business Administration
Oakland University
Rochester, MI12-2007
Skills
- Loan Documentation
- Underwriting guidelines
- Non-Conforming loans
- FHA VA processing
- Income Calculations
- Financial Ratios
- Credit Analysis
- Pipeline Management
- Lexis Nexis
- Problem Solving
- Client Relations
Web
linkedin.com/in/thomasballor
Timeline
Senior Mortgage Underwriter
Freedom Mortgage Corporation
01.2024 - Current
Senior Mortgage Underwriter
Homesite Mortgage
03.2023 - 11.2023
Senior Mortgage Underwriter
Freedom Mortgage
11.2021 - 11.2022
Senior Mortgage Underwriter
United Wholesale Mortgage
04.2016 - 11.2021
MBA - Finance
Walsh College of Accountancy And Business Administration
Bachelor of Science - Business Administration
Oakland University