A Consumer Loan Underwriter will make decisions on loan applications after evaluating its legal capacity. A well-drafted Consumer Loan Underwriter Resume gives a bullet list of the following core tasks – processing and underwriting consumer loans, originating and processing home equity loan applications; processing loan applications that are submitted through indirect lending channels, collaborating with branch personnel to ensure the loan applications are completed fully, analyzing the application financial status, approving loans that are within the authorized limits, and performing all other duties as required.
Skills expected on job description include – familiarity with fair lending processes and procedures, good working knowledge of loan operations, current knowledge of underwriting and credit risk principles, and knowledge of unique property vesting. Most of the underwriters come from varying educational backgrounds and depict a combination of formal education and experience in their resumes.
Summary : Accomplished professional with over ten years of training, education, skills and experience in the Financial Services industry, desires opportunity to work in the operations area of a stable progressive financial company and become an effective member of a team in helping to achieve goals and objectives set forth by the department and company.
Skills : Mortgage Underwriting.
Description :
Reviewing, analyzing and approving complex appraisal products within company and industry guidelines.
Reviewing title work, market analysis reports, collateral valuation, and or other supporting documentation to help provide a decision on approving appraisals.
Keeping the lines of communication open between a processor, loan officers, and management.
Ability to perform duties with limited supervision.
Utilizing time management and organization skills to effectively prioritize multiple objectives and achieve volume goals.
Proficiency in CORE, LIS, LPS mainframe systems.
Managed a complex delinquent investor portfolio of over 100 loans for retention options Reviewed, analyzed, approved and underwrote complex to unusual consumer requests and products.
Experience
7-10 Years
Level
Consultant
Education
Banking
Sr. Consumer Loan Underwriter Resume
Objective : Detail oriented professional with over 6 years' experience with a Fortune 500 company in Sales, Customer Service, Loan Processing, Underwriting and Risk Management. Extensive skills in documentation review, customer service, loan processing and underwriting. Strengths include problem solving skills, attention to detail and accuracy. Additional experience in reviewing conventional and non-conventional loans.
Responsible for reviewing, analyzing, approving and underwriting moderate individual consumer requests and products within company and industry guidelines.
Evaluate and ensure overall loan documents are accurate, complete, and compliant with policy during the review of financial statements, credit reports, and other supporting documentation.
Contact customers and partners to gather information to make an appropriate decision, and to explain the rationale behind decisions.
Strong attention to detail in written and verbal communication to ensure the best decision for the borrower and Wells Fargo is made.
Ability to adapt to a constantly evolving process due to regulatory and internal guidelines that are driven by numerous deadlines.
Complete income analysis and cash flow process on loans to determine the affordability of the home.
Analyzed credit applications by researching past history, stability factors, income, etc.
Experience
2-5 Years
Level
Senior
Education
Associate Of Arts
Consumer Loan Underwriter III Resume
Summary : Secure a career in a professional atmosphere that utilizes experience and expertise, which allows to be an asset to an organization and allow for the opportunity for professional growth.
Skills : Excellent Computer Skills, Multi Tasking, Speaking and Dealing with customers, Excel's in high paced stressfull environment.
Description :
Responsible for reviewing, analyzing, approving, declining, and underwriting, unusual or complex individual, consumer request and products within company and industry guidelines and practices in a timely manner.
Analyze borrower's credit profile, collateral, and capacity to repay the proposed mortgage obligation.
Analyze all documents to ensure completeness and accuracy to make an informed lending decision within compliance with policies and guidelines.
Assist with re-negotiation of loans based on lending guidelines Maintain and cultivate an effective working relationship with customers and partners to gather information to make appropriate decisions, explain the rationale behind credit decision.
Calculate borrower's income and debt-to-income ratios based on acceptable and agency practices.
Run, read and interpret automated underwriting decision results from both desktop Underwriter and Loan Prospector Review conditions submitted on loans and sign off on conditions where appropriate in a timely manner.
Communicate loan decisions to a client and internal department in a timely manner to ensure compliance deadlines are met with regards to pre-disclosures, approval letters, denial notices and counteroffers.
Experience
7-10 Years
Level
Management
Education
Contract Management
Consumer Loan Underwriter I Resume
Headline : Dedicated professional focused on team work, efficiency, and achievement. Goal-oriented multi-tasker with strong analytical skills. Experienced at working under tight deadlines while maintaining professionalism and integrity.
Skills : Microsoft Office, Mortgage Banking, Compliance, Customer Relations, Collections.
Description :
Analyze information received from credit applications and credit reporting agencies to make prudent credit decisions Negotiate terms and conditions of loan decisions with dealerships, leveraging risk versus reward to ensure credit quality and profitability.
Make credit exceptions to normal guidelines when necessary providing full-spectrum lending activity within the territory.
Developed, established and maintained dealer relationships by building rapport through telephone calls and dealership visits.
Analyzed and developed credit goals and communicated a strategy for dealerships to accomplish monthly targets.
Coordinate with the operations department to examine and evaluate proper documentation for funding as well as partnering with the collections department to resolve dealer collection issues.
Interpret credit reports and analyze potential risks in order to extend credit under risk-based lending policies of the consumer lending program.
Decision loans with discretion for the benefit of the lender and member by underwriting with the correct amounts, terms, and interest rates.
Experience
5-7 Years
Level
Executive
Education
Business Administration
Consumer Loan Underwriter I Resume
Objective : To work in a positive and professional environment that will allow me to utilize leadership skills, financial accounting abilities, and to show underwriting skills and ability that will allows to thrive within a company with great advancement opportunities.
Skills : Detail-oriented with ability to manage multiple projects simultaneously Customer-focused problem solver, who effectively handles difficult situations Exceptional analytical skills Effective communication skills.
Description :
Responsible for reviewing, analyzing, approving and denying unusual or complex consumer loan applications and contracts for mortgage and real estate products within the company against industry guidelines for Conventional loans.
Reviewed personal and business financial documents, as well as residential and commercial documents such as bank statements, tax returns, lease agreements for residential and commercial properties, Profit and Loss statements (P&L), credit reports, appraisals, and debt ratios.
Reviewed all other Documents such as preliminary title work, HUD 1 Settlement, and 1003 applications documents.
Maintained Escrow taxes and insurance on loans.
Evaluated the consumers debt management and conducted income analysis on the consumer to access the companies risk factor.
Implemented fraud asset detection techniques, performed financial accounting compliance reviews, and ensured the accuracy and authenticity of all documentation provided.
Assisted with re-negotiations of loans based on banking and lending guidelines, contacted customers and partners to gather information to make appropriate decision and explained rationale behind credit decision.
Experienced with Automated Underwriting Systems (AUS), Desktop Originator (DO), and Loan Prospector (LP).
Experience
2-5 Years
Level
Executive
Education
Diploma
Lead Consumer Loan Underwriter Resume
Headline : Adaptive to any situation or environment. Detail oriented individual with a strong work ethic. Takes pride in producing high quality of work. Attentive and provides high level of customer service.
Order credit reports and notify the applicant of the decision.
Assembles and verifies the accuracy of documentation for loans.
Checks documents for proper Contribute to the Bank's profitability by making consumer loans that meet Bank standards for economic value and safety.
Contribute to the Bank's profitability by making consumer loans that meet Bank standards for economic value and safety.
Contribute to the Bank's favorable image in the community by carrying out loan activities in a manner promoting customer goodwill.
Assisted with re-negotiations of loans based on lending guidelines, serving as a consultant/technical resource on difficult problems, questions, and ultimate solutions.
Achieved advanced asset and income analysis experience, in addition to extensive experience in evaluating layered risk involving credit, income, assets, collateral.
Experience
5-7 Years
Level
Executive
Education
Masters In Business
Asst. Consumer Loan Underwriter Resume
Summary : To continue advancement in the Legal field in which can fully utilize research and analytical skills. Confident and poised in interactions with individuals at all levels.
Skills : Loan Administrator.
Description :
Provide underwriting when necessary documentation was provided by the homeowner to help with options in remaining in their property while maintaining compliance within the state and federal guidelines.
Correspond with our legal counsel to prepare for mediation by obtaining fees and costs, suspending foreclosure actions, or giving authority to move forward with foreclosure litigation.
Accountable for loans in foreclosure mediation in 26 states which have mediation programs.
Responsible for reviewing and adjusting collection portfolios to reduce delinquent/problem loans within the framework of company or investor guidelines and Pooling & Servicing guidelines.
Receive daily spreadsheets with case trial dates, organized each loan matter to prepare for cases based on priority.
Provided research in certain cases to help with the decision of an account review.
Reviewing financial statements, credit reports, and applicable ratios (i.e.Debt ratios, loan-to-value) and appraisals.
Experience
7-10 Years
Level
Consultant
Education
Business Management
Consumer Loan Underwriter III Resume
Headline : Dynamic, enthusiastic individual, with experience in building and managing lifelong customer relationships, analyzing current customer relationships and proactively contacting customers with recommendations to help them achieve financial success, understanding customers' financial needs and showing them how to get the greatest possible value from products and services, developing and maintaining relationships with banking partners to maximize sales opportunities.
Skills : Banking, Loan Administrator.
Description :
Interviewing members in order to compile critical information regarding loan needs, earnings and financial condition to determine creditworthiness and processing requests for consumer and real estate loans via phone, online, and in-branch.
Analyzing and determining the creditworthiness of members applying for credit and providing credit guidance as appropriate.
Contacting members to explain loan decisions, including denials, approvals, and counteroffers.
Discussing, as appropriate, loan alternatives, credit criteria, interest rates, and loan documentation.
Collecting and preparing the documentation needed to fund and disburse loans.
Analyzing and determining the credit worthiness of members applying for credit and providing credit guidance as appropriate.
Contacting members to explain loan decisions, including denials, approvals, and counteroffers.
Experience
5-7 Years
Level
Executive
Education
Business Management
Consumer Loan Underwriter/Administrator Resume
Headline : Consumer Loan Underwriter with 14 years of experience in assessing and managing risk in the mortgage, insurance and unsecured credit industries. Cross functional champion with strong analytical skills and high attention to detail and accuracy with ability to take initiative and work independently.
Skills : Mortgage Underwriting, Banking.
Description :
Analyze the client's financial statements to determine the customer's ability to repay loans.
Experienced with personal tax returns, corporate tax returns, credit reports, insurance, collateral valuations, and paystub documentation.
Evaluate residential mortgage documents to ensure each loan meets government and company guidelines.
Collaborate with sales associates from all reaches of the United States to facilitate high volumes of loan applications.
Lead intra-department meetings to discuss ways to improve deficiency and implement new processes to improve the departments' efficiency.
Collaborate with senior leaders and our implementation team to create manual underwriting processes to aide in the transition from an obsolete operating system to an advanced underwriting operating system.
Acted as Team Lead for 16 team members when my manager was out of the office or needed assistance.
Included pulling daily and monthly reports, balancing the teams' daily workload and attending department meetings.
Experience
5-7 Years
Level
Executive
Education
Bachelor Of Arts
Associate Consumer Loan Underwriter Resume
Headline : Consumer Loan Underwriter with 9 years of combined experience in mortgage and consumer underwriting. Experienced working in high volume, fast-paced environments that have demanded strong organizational, problem solving and interpersonal skills. Consistently commended for the timely and accurately completion of compliant loan packages facilitating volume growth while preserving quality.
Skills : Loan Processor, Loan Originator.
Description :
Include reviewing, analyzing, approving and underwriting unusual or complex individual consumer mortgage requests and products within company and industry guidelines.
Review hardship packages, determine length and impact of financial hardship, conduct loan level cash flows for borrower to determine affordability, including self-employed borrowers, wage earners, and multiple rental properties.
Utilize investor guidelines and delegated authority to decision customer hardships with related home retention strategy.
Verify accuracy of supporting employment, down payment, appraisal and financial documentation received.
Approve or deny requests within decisioning authority levels by way of automated scoring system and manual underwriting.
Maintain knowledge of current underwriting procedures, creditor financial analysis techniques, and investor requirements.
Work in a team environment in an effort to achieve business and volume goals.
Handle confidential material in a professional, highly ethical manner.
Experience
5-7 Years
Level
Executive
Education
Education
Consumer Loan Underwriter/Processor Resume
Summary : Self-motivated banking professional offering strong communication and cognitive skills. Works efficiently on teams, as well as independently, in fast-paced environments. Excels most in a structured environment with clear channels of correct procedure and policy.
Skills : MS Office, MS Excel.
Description :
Evaluate, authorize and make sound lending decisions based on internal standard operating procedures, board policies and as governed by Federal and State regulations.
Interview members to develop information concerning their loan needs, earnings, and financial condition.
Analyze current member's financial position to determine the degree of risk to extend credit or lend money.
Provide consultative services to members regarding credit union products and services by assessing the member's needs, addressing their concerns gaining agreement.
Assist with loan processor training and provide technical guidance to less-experienced personnel.
Discuss disputed loan decisions, including alternate solutions for the members.
Research and resolve member disputes in all aspects of member service goodwill.
Analytical ability to make high quality loans within consumer loan policy, credit granting criteria, interest rates and how they are computed and required documentation for each type of loans.
Experience
7-10 Years
Level
Management
Education
HRM
Consumer Loan Underwriter Resume
Objective : To obtain a responsible and challenging position, with an organization that recognizes and appreciates hard work, and will allow me to utilize strong leadership, communication and interpersonal skills and allow room for future advancement.
Skills : Microsoft Office, Conventional Confirming Underwriting.
Description :
Responsible for credit approving home mortgage applications for customers being relocated by their existing or new employers.
Review documents related to the customer's income, asset, credit profile as well as appraisal reports, homeowner's insurance, and title insurance policies.
Pinpoint potential areas of risk and offsetting, compensating factors and interpret in a broad, comprehensive manner.
Develop and maintain relationships with other teammates, team leads, sales partners, and managers to maintain a strong, functional, team-working environment.
Work closely with colleagues and managers to research and recommend solutions to suspense items.
Strong understanding of interpreting financial statements, personal credit reports, and financial ratios.
Strong and growing understanding of conventional conforming consumer lending guidelines, including FNMA and FHMLC program specific guidelines with new Joint Venture parent, Stearns.
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