A professional Loan Modification Underwriter provides the company with evaluating loan modification requests. The job duties listed on the Loan Modification Underwriter Resume are – expedite modification approvals with strict attention taken on adherence to institutions modification standards, policies, and loss mitigation goals; facilitating the collection of all pertinent documentation, analyzing and reviewing the circumstances which justify loan modification; evaluating and assessing the borrower’s financial status, current income, and asset situation; and ferret out fraud issues and determining the borrower’s eligibility for various types of modification programs.
The nature of the job demands the following skills and abilities from potential candidates – a wide knowledge of investor, insurer, and client guidelines; familiarity with insurer workout guidelines, solid grasp over residential mortgage documents; and strong negotiation skills. A bachelor’s degree is mandatory for this role. Related experience and training are as well needed.
Headline : Disaster Response Specialist offering versatile oral and written skills, analyzes data for decision making process, able to overcome challenges, and thrives in an ever changing environment. Certified Expert in Microsoft Office Programs MS Word, MS Excel, MS PowerPoint. Strong planner and problem solver who readily adapts to change, works independently and exceeds expectations.
Skills : Microsoft Excel, Multitaking.
Description :
Responded to a variety of customer financial inquiries and provided financial information to the public.
Analyzed/Prepared various financial documents such as tax returns (1040, 1120, 1120(S), and 1065), income (profit and loss) statements, personal financial statements, schedule of liabilities, and balance sheets for individuals, sole proprietors, and businesses (Corporations, Limited Partnerships, LLCs, General Partnerships).
Performed financial computations/analyses to determine applicants' ability to repay home loans by reviewing applicants financial documents.
Used computer programs such as Microsoft Office Word (word processing), Excel (Spreadsheet), Outlook (e-mail), and Internet Explorer.
Performed financial and credit analyses.
Responded to inquiries from applicants about home loan documentation requirements.
Communicated directly with borrowers to help them complete their loan modification application; screened home loans for completeness before being forwarding to the processing center.
Experience
5-7 Years
Level
Executive
Education
Bachelors Of Arts
Loan Modification Underwriter Resume
Objective : Loan Modification Underwriter seeking a position where I will provide best service practices to corporate/consumer clients. I possess a solid technical background incorporating computer systems, security and SAAS platforms. Additionally, I maintain a passion and demonstrated stellar record in finding solutions to complex, highly technical issues.
Identified any discrepancies in the file regarding income, occupancy assets etc.
Communicated with processors for any underwriting conditions needed.
Expected to maintain a quality rate of 95% or higher on all decisioned loans.
Reviewed, analyzed and made final determination on loan applications for HAMP and NON HAMP loan modifications.
Identified any discrepancied in the file regarding income, occupancy assets etc.
Communicated with processors for any underwriting conditions needed.
Expected to maintain a quality rate of 95% or higher on all decisioned loans.
Experience
2-5 Years
Level
Junior
Education
BA In Finance
Loan Modification Underwriter Resume
Objective : Loan Modification Underwriter professional lead for StateFarm. I have the highest sales ratio for my operation across all sites. I also assist in transitioning new associate to their new roles. Interested is building my own book of business and opening a insurance agency. I'm very dedicated to my craft and a very fast learner.
Skills : Microsoft Office, Typing 50 Wpm, Ten Key, As400, Siebel, Customer Service, Data Entry, Detail Oriented, Editing.
Description :
Gathered and verified documents to ensure they are in compliance with investor guidelines.
Requested missing documentation through internal customer relationship manager.
Accurately and completely documented client information into internal systems of record.
Determined the occupancy status of the property and the hardship reason.
Calculated borrower and co-borrower's income.
In-line Auditor - Default Servicing Customer Resolution (DSCR) Served as quality control in producing quality written correspondence to borrowers, authorized third parties and political officials in response to escalated concerns.
Responsible for assurance in following policies and procedures set forth by the bank and Regulators (Consumer Financial Protection Bureau, Office of the Comptroller of the Currency and Attorneys General).
Experience
2-5 Years
Level
Junior
Education
MA
Loan Modification Underwriter Resume
Summary : A detail-oriented Loan Modification Underwriter professional with over 25 years experience in the Wholesale and Retail Mortgage Business includes: Regional UW Manager, Processing Manager, Closing Dept. Assistant Manager, Contract Underwriter, Personal Sales Assistant, Loan Modification Underwriter, and New Loan Origination Underwriter.
Skills : Microsoft Office Applications, Writing Skills.
Description :
Collected Home Owners documents.
Performed Credit Analysis's.
Analyzed Taxes.
Ordered BPO's.
Calculated/Verified Income.
Determined DTI Ratio's.
Set up Trial Plan.
Experience
10+ Years
Level
Senior
Education
BS In Criminal Justice
Loan Modification Underwriter Resume
Summary : Over 20 years in the Legal, Mortgage, and Financial Industries. During this time I have acquired excellent legal, customer service, people, and financial skills. Through the years, I have worked as a Paralegal, Underwriter, Loan Processor, Loan Originator, and Mortgage Bankruptcy Manger handling Conventional, FHA, and VA loans.
Skills : Paperless U/W, As400, Microsoft Excel, Ten Key.
Description :
Evaluated US Treasury Make Home Affordable Loan Modification applications for compliance with company guidelines to issue underwriting approval or denial using an automated system such as LP and DU.
Calculated Income for Salaried, Commissioned, and Self Employed Borrowers by reviewing pay studs, 1099s, W2s, personal and Business Tax Returns, to determine income stability and consistency.
Reviewed documents for Red Flags that may indicate fraud.
Reviewed Credit Reports and Bank Statements for financial stability.
Calculated debt-to-income ratios to insure that they meet product guidelines.
Reviewed Title Reports, Appraisals, and Purchase Contracts to insure that the collateral is sufficient, Investigating items of the application with web searches such as Salary.
Made final decision on Loan Mod file, ex.
Experience
10+ Years
Level
Senior
Education
Bachelor Of Science
Loan Modification Underwriter Resume
Objective : Successful, achievement-oriented business professional with over 15 years of progressive positions requiring knowledge and execution of a variety of administrative principles. Excited by new challenges and seeking a position where exceptional skills can be put to good use.
Skills : Microsoft Excel, Managing Skills.
Description :
Completed review of loan files to ensure compliance with guidelines.
Gathered required financial information, performed modification eligibility and accurate income calculations.
Performed eligibility analysis per investor guidelines on FHA, GSE, and NGSE loans.
Continued education on current banking products and services through Bank of America online courses.
Obtained top performer on team with highest quality and productivity.
Obtained top performer on my team with highest quality and productivity for 2 different months Skills Used Time Management Attention to Detail Team Player Problem Solving Skills.
Assigned individual special project to in-line Customer Escalations Resolution Team (CERT) files to ensure that the previous resolution adequately addressed the borrower's concerns and followed all policies and procedures.
Experience
2-5 Years
Level
Executive
Education
Associate's
Loan Modification Underwriter Resume
Objective : To obtain a challenging and rewarding role in which I can utilize my skills and abilities, provide a high quality of service, and produce results exceeding expectations while expanding and advancing professionally within a strong company.
Skills : Interpersonal Skills, Time Management.
Description :
Reviewed escalated accounts to determine if all qualifications have been met in order for the mod to be booked.
Consulted negotiations with investors to provide the most accurate modifications available according to the requirements needed.
Generated and submitted data for final modification docs: Non Gse, Fannie and Freddie.
Reviewed final mod docs once received in order to determine if notary and signatures are completed correctly and review dates and terms to ensure calculations match the mod case in remedy.
Ran sequel queries in order to assign work to my peers each day.
Reviewed timelines within CFPB guidelines.
Developed and implemented department funds needed to book tool to streamline process of resolving back dated loan modifications.
Experience
2-5 Years
Level
Junior
Education
MS
Loan Modification Underwriter Resume
Objective : More than 10 years experience in customer service field Innovative and task-driven, determined to add value to organizations and teams Problem solver and conflict manager Demonstrate ability to work and communicate effectively with a diverse team of individuals Able to multi-task and detail-oriented Proficient in Microsoft Office and very knowledgeable about computers.
Skills : Communication Skills, Loan Management.
Description :
Reviewed loan documentation, pay stubs, P & L statements, tax forms, credit report, hardship letters.
Entered information into systems to determine approval or denial of income requirements for loan modification.
Entered financial information into systems.
Updated loan modification system.
Entered approval/denial into systems.
Used of Microsoft products such as Word, Excel, Outlook, Powerpoint.
Collected documentation from processors.
Experience
2-5 Years
Level
Junior
Education
GED
Loan Modification Underwriter Resume
Objective : An expert level of proficiency in the lending and legal environments. Strengths include a high level of knowledge in various areas, excellent communication, and writing skills, and can adapt to a variety of situations with relative ease.
Skills : Writing Skills, Inventory Control.
Description :
Reviewed and analyzed borrower documentation to determine income and repayment ability.
Reviewed recommended foreclosure prevention alternatives offered to the homeowner in order to ensure compliance with all investor and insurer guidelines.
Analyzed delinquency and performed escrow analysis modification scenarios.
Obtained all investor, insurer and any pertinent third party approvals.
Processed FHA and Short sale claims for MI companies.
Indianapolis, IN Underwrote loans to ensure soundness, business value and compliance with company and investors standards.
Worked with delinquent customers or authorized third parties to effectively execute short sales for homeowners.
Experience
2-5 Years
Level
Executive
Education
BS In Juris Doctorate
Loan Modification Underwriter Resume
Objective : Seeking a Loan Modification Underwriter position with an outstanding career opportunity that will offer a rewarding work environment along with a winning team that will fully utilize management skills.
Skills : Managing Skills, Planning Skills.
Description :
Earned sign off authority up to $500k FHA and perform Underwriting files from start to closing.
Examined Tri Merge credit bureaus for any discrepancies, public records, and for any fraud alerts.
Determined if borrower qualifies for a loan modification, repay program or decline.
Navigated of various lender systems worksheets and websites.
Utilized expertise to process loan documentation and income calculation for modification loans.
Calculated income with wages, pension, rental partnership, social security, disability per guidelines.
Reviewed files to maximize recovery on behalf of the investor within a predefined time-line for the customer.
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