SeniorMortgage Underwriter

Shandala L. Bell

Dallas, TX 214-***-**** ad8ce0@r.postjobfree.com

Professional Summary

Senior Mortgage Underwriter with 10+ years of FHA, VA, Conventional, Wholesale, USDA, Bond, and New Construction Loans underwriting experience. Skilled at assessing borrower credit strength, and mitigating loan risks to protect lender investments. Proficient in navigating federal and state regulations, including the Bank Secrecy Act, Community Reinvestment Act, TRID, TILA, RESPA,OFAC and Equal Credit Opportunity Act.

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Work Experience

Davies Coppell, TX

Property Adjuster July 2023 – Present

●Investigate homeowner losses, assessing damage to ensure fair claim settlements in compliance with the policy coverage and industry regulations

●Deliver exceptional customer service by resolving client issues promptly, enhancing overall satisfaction

●Prepare structure damage estimates, using market value research to negotiate fair settlements

●Resolve claim processes on time through daily collaboration with agents and vendors

Career Break May 2022 – June 2023

●Transitioned to diverse roles during the industry downturn, boosting skills in residential property

Mr. Cooper Irving, TX

Underwriter III August 2020 – December 2021

●Analyzed complex financial credit information for over 100 loans per month to uphold adherence to internal underwriting standards, investor guidelines, and federal regulations.

●Aggregated and evaluated credit and credit risk data using automated underwriting systems such as DU and LP to support decision-making

●Applied Mr. Cooper's internal overlay procedures in underwriting processes to manage risks.

Equity Prime Mortgage Atlanta, GA

SAR Underwriter June 2020 – August 2020

●Conducted analysis of 85% new construction VA loan files, reviewing and identifying necessary conditions to meet compliance

●Verified accuracy of loan disclosures and documentation, maintaining attention to detail to limit risk

●Evaluated loan risks by reviewing borrower’s financial documents, credit profiles, debt-to-income ratios, and collateral positions

Iconma Troy, MI

Remote Quality Control Auditor (Contract) March 2020 – June 2020

●Validated loan documents for FNMA, Freddie Mac, FHA, VA, and USDA products to identify deficiencies and assign risk ratings

●Executed monthly analysis on 75+ loans, following agency guidelines and state and federal regulations to guarantee integrity in loan origination

●Gathered loan data, addressing deficiencies to improve decision-making processes in loan origination

Sourcepoint Mortgage Palm Bay, FL

Remote Underwriter 2 (Contract) September 2019 – December 2019

●Revised and underwrote conventional refinance mortgage loans using automated and manual underwriting engines, adhering to FHA, VA, Fannie Mae and Freddie Mac lenders' guidelines

●Scrutinized loan documentation, including appraisal reports, credit reports, financial statements, and tax returns to weigh borrower financial condition

●Influenced loan eligibility, reviewing and specifying loan conditions to warrant approval or rejection

Supreme Lending Dallas, TX

Senior Underwriter April 2017 – May 2018

●Led underwriting team in meeting adherence across High Net Worth, VA, Conventional, Bonds, and New Construction loans to maximize profitability

●Implemented a credit assessment framework for loan approvals, achieving a minimum daily output of analyzing 4 new submissions and 7 resubmissions of credit reports

●Mentored 10+ new underwriters to uphold quality standards within underwriting processes

Bank of Texas Plano TX

Underwriter September 2016 – April 2017

●Partnered with relationship managers to determine interest levels for new credit opportunities

●Designed loan lending solutions through research to resolve business partner underwriter queries

●Underwrote conventional and VA loan applications using expert knowledge of BOK Lending, LLC underwriting procedures to achieve standards

Supreme Lending Dallas TX

Senior Mortgage Underwriter October 2015 – June 2016

●Deliberated with supervisor on underwriting decisions and complex conventional and VA loan file assessments to maintain banking credit quality standards

●Assessed 83 credit applications per month to enhance loan approvals with zero fraudulent activity

●Concluded credit application decisions for First Mortgage loan opportunities by assessing borrower credit strength and associated risks, safeguarding lender’s investment

Additional Experience

Staffing Solutions Remote Due Diligence, Underwriter, PennyMac Senior Underwriter, USAA FSB VA Underwriter Team Lead, JP Morgan Chase SRU SME Mortgage Underwriter

Skills

Communication, Mortgage Underwriting, Risk Analysis, Loss Mitigation, QC and Compliance, Fair Lending Practices, Loan Eligibility Assessment, Loan Processing, Appraisal Review, Escrow Knowledge. Cash Flow Analysis, Pipeline Management, Manual Underwriting

Technologies

Encompass, Desktop Underwriter (DU), GUS, Loan Prospector, Microsoft Office Suite, Adobe Acrobat Pro, LAPP SAR, Windows, WEGLY, IVAULT, Valeri, FHA Connection, Fraud Guard, Collateral Underwriter Day 1 Certainty, NexisLexis, WVD,

Education

Business Entrepreneurship Ecornell University

Certifications

VA SAR/LAPP Certification Department of Veterans Affairs (VA)

FHA CHUMS Certification Federal Housing Authority

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