Mortgage Underwriter III

Posted on: 2008-03-07

Valerie Paul 2137 Farmington Turn Westlake, Ohio 44145 216 410 3577 [email protected] Work Experience Officer, Underwriter III 4/2004 - 1/2008 RBS Citizens, N.A. dba Charter One, Consumer Finance Division, Cleveland, Ohio Underwrote first mortgage and home equity loan products through brokers and internet aggregators. Responsible for making credit decisions within policy up to approved lending authority limit of $250K. Responsibilities included review of all credit, income and collateral information; determining rate, LTV and appropriate mortgage product. Instrumental in helping to make National Home Equity the top lender on the Lending Tree network. Contributed to overall wholesale production in 2007 of 900mm in first and second mortgages and home equity lines of credit. Consistently ranked as one of the volume leaders in production with a personal average of 295 files underwritten per month. Sr. Residential Mortgage Loan Underwriter 8/1999 - 1/2004 Charter One Bank, Cleveland, Ohio Underwrote Retail residential first mortgages, second mortgages and home equity lines of credit. Effectively used FNMA\'s Desktop Underwriter and guided loan processors in their use of this software. Ability to weigh credit, income and asset information to determine credit worthiness and risk to bank. Contract Underwriter 7/1998 - 4/1999 United Guaranty Mortgage Insurance Corporation, Independence, Ohio Underwrote for a number of banks on a contract basis. Required to maintain and adhere to multiple sets of guidelines for several lenders. Underwriter I 4/1997 - 6/1998 Charter One Bank, Cleveland, Ohio Entry level underwriting position. Approved retail first and second mortgages, and home equity lines of credit consistent with published guidelines within lending authority limit of $500K. Loan processor III 8/1995 - 4/1997 Charter One Bank, Cleveland, Ohio Gathered and analyzed credit, income and asset information pertinent to loan approval. Education 9/1983 - 12/1988 Long Island University, Greenvale, New York Bachelor\'s Degree Skills Skill Name Skill Level Last Used/Experience MS Office,Outlook, Word, Excel Intermediate Currently used/10 Additional Info I have been in the banking industry for twenty years. In that time I have mastered organizational, communication and analytical skills with the proven ability to weigh risk through sound credit decisions and adherence to lender policies. References available upon request.