Petra Mortgage - Loan Processor Resume Example

Process pipeline ranging from 15 to 30 loans. Analyzes DU/LP findings and determine bare minimum documentation necessary. Analyze income, tax returns, bank statements, & credit reports.

•  Provide dispute resolution for underwriting requests. 
•  Analyze / critique closing disclosure prior to distribution. 
•  Serve as central communicator for all involved parties.

Provided support to loan officer and underwriter teams by ensuring the timely, judicious, and accurate processing of mortgages. Reviewed and verified borrowers' income, credit reports, employment histories, property appraisals and title insurance information.

• Prepared loan applications for underwriting submittal.
• Ensured compliance with company policies, underwriting guidelines and lending-program requirements.

Processed loans, verified and compiled information provided by borrowers and updated Encompass according to TRID. Reviewed loan application files, verified all data was complete and met standards. Verified and analyzed loan documentation including income, credit, appraisal, and title through communication with partners and borrowers.

• Submitted loan application files to underwriting for approval, and created and mailed approval or denial letters to applicants.

Reviewed auto finance loan applications submissions from dealers of potential vehicle purchases and rendered appropriate credit decisions within credit policy and in compliance with all regulations. Structured approvals to maximize profits and enhanced dealer relationships.

• Communicated decisions to the dealers in a concise and timely manner.
• Negotiated rate and fees with dealer client.

Approved or declined auto loan applications. Nurtured daily relationship with the dealer clients while executing proper credit underwriting strategy for the region. Maintained a processing pipeline of 50+ loans. Analyzed income, assets, credit and collateral documentation. Collected missing stipulations from borrowers for final loan approval.

• Reviewed credit or funding exception request.
• Provided training to junior staff.