Summary
Overview
Work History
Education
Skills
Timeline
Generic

Tracey Walters

Pennsville,NJ

Summary

Astute and methodical Senior Mortgage Underwriter with significant background working with residuntial customers. Proficient in reviewing extensive applications and supporting documentation. Maintains consistent pipelines and quick turnaround times with skilled handling of each customer's needs. Focused on mitigating company risks while meeting profit goals by making strategic decisions based on sound criteria as skilled [Job Title]. Successful in leading underwriting teams and training junior staff to handle high workload with impeccable accuracy. Proven expertise in identifying unacceptable risk and preventing fraud. Talented mortgage underwriter with proven track record of providing financial services to clients while managing complex loan transactions. Possesses deep understanding of credit analysis, loan origination and closing. Offers great time management and task prioritization skills. Highly skilled Loan Specialist with expertise in data accuracy and security. Hardworking professional with over 10 years of assisting clients, scheduling payments and reviewing credit histories. Knowledgeable in all credit procedures. Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals. Detail-oriented team player with strong organizational skills. Ability to handle multiple projects simultaneously with a high degree of accuracy. To seek and maintain full-time position that offers professional challenges utilizing interpersonal skills, excellent time management and problem-solving skills.

Overview

17
17
years of professional experience

Work History

Mortgage Underwriter III

Wells Fargo
05.2010 - 06.2023
  • Manual and automated underwriting of conforming loan products to Fannie Mae and Freddie Mac guidelines
  • Determining if the profile of the credit, income, assets, and collateral meet the lender risk requirements for the loan product selected
  • Evaluation of appraisal reports to ensure appropriate value was supported and the property meets the lender requirements
  • Determination if exceptions could be granted outside of standard guidelines on a case-to-case basis
  • Collaborating with home mortgage consultants and processing in the restructuring of files to obtain financing for our customers
  • Proficient in pipeline management without direct supervision needed which allows me to handle larger pipelines
  • Maintained exceptional relationships with sales to assist in customer communication along with clarification when needed
  • Trained processors and underwriters along with peer reviews for team mates looking to increase their lending authority or processers moving into an underwriting role.

Associate Contract Underwriter

RMIC
07.2007 - 01.2009
  • Underwrite various loan products and determine of Mortgage Insurance could be granted with contracted company/investor guidelines
  • Review loan conditions on my personal files along with the teams’ loans
  • Peer quality reviews and assisting in the onboarding process of new employees
  • Experience working in a paperless and telecommute environment.

Mortgage Master/Underwriter

ComUnity Lending
03.2006 - 07.2007
  • Wholesale and retail-based underwriting
  • We had in house loan officers which loans were underwritten on site for along with broker submissions
  • The unique aspect of this position was that all the underwriters were able to underwrite, fund and close transactions to ensure closing deadlines were met
  • Assisted the sales staff in broker visits to educate them about our unique programs.

Education

Cumberland Regional High School
Bridgeton, NJ

Skills

  • Risk analysis of collateral, income, assets, and credit including manual high-risk evaluations Mortgage based lending experience in training, processing, underwriting, closing & management
  • Application Analysis
  • Debt-to-Income Ratios
  • Asset Statements
  • Residential Loans
  • Residual Incomes
  • Residential Mortgage Lending Regulations
  • FNMA Guidelines
  • LTV Calculations
  • Ethical Conduct
  • Organizational Skills
  • Loan Evaluation
  • Asset Appraisal
  • Data Interpretation
  • Effective Communication
  • Adaptability
  • Attention to Detail
  • Decision Making
  • Interpersonal Skills
  • Time Management
  • Income Verification
  • Critical Thinking
  • Analytical Thinking
  • Financial Analysis
  • Underwriting Guidelines
  • Loan Origination Software
  • Problem Solving
  • Regulatory Compliance
  • Customer Service
  • Computer Proficiency
  • Risk Assessment
  • Market Knowledge
  • Fraud Detection
  • Documentation Review
  • Collateral Valuation
  • Credit Analysis
  • Application Review
  • Complaint Handling
  • Corporate Financial Statements
  • Product Education
  • Credit History Review
  • Creditworthiness Determination
  • Automated Underwriting System (AUS)
  • Loan Processing Coordination
  • Loan Feasibility Assessment
  • Income Evaluation
  • Financial History Analysis
  • Property Evaluation
  • Credit File Updating
  • Customer Relations
  • Eligibility Determination

Timeline

Mortgage Underwriter III

Wells Fargo
05.2010 - 06.2023

Associate Contract Underwriter

RMIC
07.2007 - 01.2009

Mortgage Master/Underwriter

ComUnity Lending
03.2006 - 07.2007

Cumberland Regional High School
Tracey Walters