Mortgage Loan Underwriter Resume Samples

A Mortgage Loan Underwriter is responsible for evaluating loan applications and approving/denying mortgage loans. A well-drafted Mortgage Loan Underwriter Resume mentions the following core duties and tasks – authorizing and underwriting loans, reviewing and verifying loan applications, analyzing loan risks, preparing reports on assessment findings; making loan eligibility decisions and approving applications; reviewing and specifying loan conditions, ensuring compliance with regulatory standards and company policies; documenting and effectively communicating reasons for approval or rejection; and returning applications with needed documents to the loan officer.

To be successful in this line, the following skills are required – experience in loan underwriting, good communication skills, high mathematical aptitude, good working knowledge of mortgage loan processing and relevant legal regulations; and proficiency in MS Office and automated underwriting systems. A degree in banking, finance or business is the needed qualification.

 

Mortgage Loan Underwriter Resume example

Mortgage Loan Underwriter Resume

Objective : Performance-driven Senior Underwriter with 8+ years experience in the financial industry. Exceeds in the ability to adapt and execute new systems in an ever changing work environment. Organized, forward-thinking group leader with exceptional verbal and written communication skills.

Skills : Microsoft Word, Microsoft Office, Marketing, Management Experience.

Description :

    1. Responsible for reviewing mortgage applications and coming to resolution while upholding internal, client and investor policies.
    2. Analyzed income stability, credit risk, current assets, property value, and other information pertinent to the credit decision process.
    3. Automated underwriting output to ensure loan parameters meet guidelines, appraisals to confirm satisfactory collateral and identify unusual circumstances.
    4. Provided options when outside of policy.
    5. Identified fraud and risk to the bank.
    6. Responsible for productivity goals certifying the highest quality of customer satisfaction and loyalty.
    7. Corresponded with loan officers and processors to attain outstanding documentation needed to complete requirements as stipulated on the commitment.
    8. Maintained open lines of communication resulting in a respectful work environment and prompt file completion.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Junior
Education
Education
BS


Sr. Mortgage Loan Underwriter Resume

Objective : To excellent, social, interpersonal and communication skills while, bringing over 15 years of vast knowledge to the industry. Well qualified and proficient in various areas of the financial and mortgage industry, including disclosing and reviewing state and federal compliance regulations.

Skills : Proficient In Fannie Mae/Freddie Mac Guidelines, FHA/VA, And HAMP/MHA Guidelines.

Description :

    1. Evaluated loan risk by making sound credit decisions per underwriting guidelines and loan program parameters.
    2. Analyzed loan submission documents for accuracy and completeness including disclosures and other credit related documents.
    3. Reviewed accuracy of information in the system and update as needed.
    4. Determined if loan submission is approved, denied or suspended.
    5. Issued and authorized the appropriate forms for each decision.
    6. Assessed all of the underwriting conditions needed for clearance for closing.
    7. Examined final HUD to verify terms meet requirements of closing instructions.
    8. Offered expertise to the closing department to assist with resolving issues related to risk.
    9. Assisted mortgage loan originators in determining loan submission qualifications for program.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Junior
Education
Education
Insurance


Jr. Mortgage Loan Underwriter Resume

Objective : To showcase excellent, social, interpersonal and communication skills while, bringing over 15 years of vast knowledge to the industry. Well qualified and proficient in various areas of the mortgage industry, including disclosing and reviewing state and federal compliance regulations and disclosures, underwriting (originations and loss mitigation) and bankruptcy procedures.

Skills : FHA/VA, And HAMP/MHA Guidelines, Expert On Income.

Description :

    1. Evaluated loan risk by making sound credit decisions per underwriting guidelines and loan program parameters.
    2. Analyzed loan submission documents for accuracy and completeness including disclosures and other credit related documents.
    3. Reviewed accuracy of information in the system and update as needed.
    4. Determined if loan submission is approved, denied or suspended.
    5. Issued and authorized the appropriate forms for each decision.
    6. Assessed all of the underwriting conditions needed for clearance for closing.
    7. Examined final HUD to verify terms meet requirements of closing instructions.
    8. Offered expertise to the closing department to assist with resolving issues related to risk.
    9. Assisted mortgage loan originators in determining loan submission qualifications for program.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Junior
Education
Education
Insurance

Mortgage Loan Underwriter III Resume

Summary : Mortgage Loan Underwriter includes pre-funding and post-closing quality control functions such as: timely and accurate file reviews, issue identification, action planning, remediation, communication and thorough reporting.

Skills : Proficient In Fannie Mae/Freddie Mac Guidelines, FHA/VA, And HAMP/MHA Guidelines Expert On Income And.

Description :

    1. Experienced in underwriting FHA, VA, and Conventional mortgage loans.
    2. Responsible for accurately reviewing loan files and providing a loan decision of approval or denial in a timely manner.
    3. Applied all agency guidelines, investor guidelines, aggregator requirements and federal regulations to the decision process to ensure loan quality and stability.
    4. Reviewed loan applications and all documentation provided in the file to ensure data integrity and confirm the accuracy of automated underwriting findings.
    5. Analyzed the employment profile, credit strength, property characteristics, assets and income stability along with all other information pertinent to the loan application to issue initial and final loan decision.
    6. Assisted managers, sales staff, and operations staff by providing options in structuring loans to meet guidelines and answering general questions.
    7. Provided clear communications to the mortgage team regarding regulatory and industry changes that would affect the underwriting of loans.
Years of Experience
Experience
7-10 Years
Experience Level
Level
Management
Education
Education
Education

Mortgage Loan Underwriter II Resume

Headline : Goal-oriented individual with strong leadership capabilities. Organized, highly motivated, and detail-directed Proven ability to work in unison with staff, volunteers, and board of directors.

Skills : SharePoint, AS400, Bi Query, SQL, Siebel CRM, Remedy, StatusMart, CLUES, Calyx, Encompass.

Description :

    1. Reviewed and validated financial information and documentation provided by customers.
    2. Analyzed financial data and credit reports in order to calculate accurate gross and net income, expenses, ratios, net disposable income, and assess borrower willingness and ability to repay the loan.
    3. Provided technical assistance to other underwriters, CRMs, and workout specialists in order to enhance production, quality, efficiency, and maintain superior customer service.
    4. Completed all required underwriter training assessments for FNMA, FHLMC FHA, DOJ, and proprietary modifications.
    5. Prepared and conducted training sessions for negotiators/counselors.
    6. Provided OJT sessions for underwriters at various Customer Assistance Centers and vendor sites.
    7. Adapted very well to the ever-changing duties and demands of the position.
Years of Experience
Experience
5-7 Years
Experience Level
Level
Executive
Education
Education
B. S. In Accounting

Mortgage Loan Underwriter I Resume

Summary : To obtain a leadership position within the company in a business area that will benefit from work experience, educational background and propensity to be successful, while allowing room for professional growth and advancement opportunities.

Skills : Word, Ten Key, Windows 7, Internet Research.

Description :

    1. Consulted with clients seeking to modify their mortgage; pre-evaluate applications, and review credit history to determine loan risk or factors that may prevent a modification.
    2. Monitored loans carefully from initiation pipeline to track deals in progress.
    3. Ensured collection of all pertinent information to prevent foreclosure while adhering to investor and company guidelines.
    4. Exceeded goals of modifying loans with 5 files per day on a requirement of 3 per day.
    5. Placed outbound calls to follow up with customers whose file is in the review or to deliver the results of their request for a modification Setting up special forbearance plans.
    6. Resolved escalated issues from internal specialist, clients and 3rd parties to remedy outstanding concerns duties included receiving incoming calls to address our clients with questions, payments and inquires on their reverse mortgage financial product.
    7. Responsible for keeping the team motivated, moral high and to instill camaraderie.
    8. Responsible for helping the department meeting service levels.
    9. Assisted in achieving service level by participating in the Special Loan dept.
Years of Experience
Experience
10+ Years
Experience Level
Level
Senior
Education
Education
Bachelor Of Science

Mortgage Loan Underwriter/Processor Resume

Summary : Over 30 years of experience as a Lender, Underwriter and Auditor of mortgage and consumer loans. Experience includes over 10 years in upper management positions in local banks.

Skills : Underwriting, Microsoft Office, Customer Service, Management, Sales.

Description :

    1. Responsible for a daily pipeline of loans that consisted of purchase and refinance mortgage loans.
    2. Approved, denied or made a counteroffer regarding mortgage loan applications.
    3. Worked with loan processors to obtain the required documents for proper loan analysis and approval.
    4. Performed a thorough analysis of credit, income, assets, appraisal, title commitment, and Fannie Mae DU and Freddie Mac LP findings.
    5. Performed in-depth appraisal analysis, including review of comparable properties (age, proximity to the subject, line, net & gross adjustments).
    6. Issued conditional approval on mortgage loan applications Provided meticulous attention to detail in underwriting mortgages.
    7. Evaluated the financial strength of borrowers to determine risk and repayment capacity.
    8. Ensured loan submittals met internal and external eligibility requirements Leveraged knowledge of loan products to help restructure turned-down loans for subsequent approvals.
    9. Balanced the need for loan-volume with the equally important necessity of optimum underwriting quality to minimize risk while maximizing profitability.
Years of Experience
Experience
7-10 Years
Experience Level
Level
Management
Education
Education
Bachelor Of Science

Associate Mortgage Loan Underwriter Resume

Headline : Results-oriented professional that drives growth in organizations. Excellent motivational leader, communicator and planner, with proven results building winning teams that exceed objectives.

Skills : Finance And Legal Studies, Real Estate And Corporate Management.

Description :

    1. Gathered required financial documentation and request missing documentation through the client.
    2. Managed email communication from internal and external sources and respond in a timely, professional manner.
    3. Performed accurate and complete input into client systems while adhering to investor guidelines.
    4. Determined the occupancy status of the property.
    5. Calculated borrower's and co-borrower's income.
    6. Calculated debt-to-income ratios.
    7. Determined the hardship reasons.
    8. Performed modification eligibility analysis per investor guidelines.
Years of Experience
Experience
5-7 Years
Experience Level
Level
Executive
Education
Education
Diploma

Mortgage Loan Underwriter/Specialist Resume

Summary : Over 30 years of banking, real estate and municipal redevelopment experience through several economic cycles and a great recession. Worked within guidelines of 42 USC Ch. 61: Uniform Relocation Assistance and real property acquisition policies for federal and federally assisted programs. Worked with non-profit CDBG administrators relating to transit development itself.

Skills : Leadership Training, Management Experience, Real Estate Multiple Listing Services.

Description :

    1. Reviewed consumer loan and mortgage loan requests forwarded from branches, interviewed applicants transferred by Loan by Phone underwritten to bank guidelines, Federal regulations and credit score.
    2. Provided supervision to loan processors and second signature.
    3. Helped ensure compliance with fair lending laws and secondary market requirements.
    4. Built a $750,000 signing authority.
    5. Used sales talent and personable qualities to increase the volume of applications from branches and approved loans and booked businesses using innovative alternative approval conditions.
    6. Increased personal production of booked loans 78% in one year.
    7. Received financial analysis training from the bank along with customer service and supervisory training from the bank.
Years of Experience
Experience
7-10 Years
Experience Level
Level
Management
Education
Education
MBA In FInance

Mortgage Loan Underwriter Resume

Objective : Able to make decisions independently and quickly with minimal escalations while maintaining emphasis on the highest quality of consumer service. Extensive and diverse customer service experience to involve coaching, conflict resolution, compliance, and agency regulations.

Skills : ProSystem Fx Engagement, ACL Analytics, TeamMate.

Description :

    1. Reviewed and analyzed asset documentation.
    2. Performed appraisal reviews to ensure sufficient support for market value.
    3. Performed and reviewed AUS decisions to ensure that proper loan documentation has been obtained.
    4. Reviewed credit reports confirming liabilities and debt-to-income ratios are within lending guidelines.
    5. Reviewed all loan documentation and address any inconsistencies.
    6. Provided loan decisions to include approval, counter-offer, or declines based on lending guidelines.
    7. Communicated with Loan Specialists and Loan Officers in regards to loan decisions and additional documentation needed for loan applications.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Junior
Education
Education
A.S. In Include