DE Underwriter / Processor / QC
Content
ANTHONY C. CIRAULO 1621 Mesa Dr. Newport Beach, CA 92660 Cell:( 714) 605-3266 Home: (714) 486-1797 [email protected] FHA, VA, CONVENTIONAL MORTGAGE UNDERWRITER/ AUDITOR / QUALITY CONTROL Career-Link, TX / Wells Fargo CA Contract Underwriter III Jun/2009 - Jul/2009
* Underwrote 5-6 level III Conventional Loans per day when 4-5 were required. * Responsibilities included the review of financial statements, credit reports, and applicable ratios. * Functions included the review of financial statements, credit reports, and app licable ratios ensuring all transactions followed lender guidelines. * Underwrote appraisals and ensured all loan documents were accurate, complete, and compliant. The Bohan Group, CA (June 06-Jan/08) Dec/2004 - Jan/2008 Due Diligence Underwriter QC (contract) Clayton Holdings, CT (Dec/04 - June/06) Due Diligence Underwriter QC (contract) * Consistently reviewed 14-17 loans per 8-hour day when 10 were required. * Reviewed all documentation, including loan applications, credit, compliance an d appraisals making decisions to approve or deny them based on risk, lender and investor and state regulatory guidelines. * Made credit risk decisions made based on the property as collateral and all cr edit information. * Made recommendations to investors and provided consultation for them based on allowable exceptions outside of guidelines. * Experienced in prime, sub-prime, conforming, non-conforming, first, second, Ju mbo Combo and HELOC loan transactions. * QC for job Leaders. Wells Fargo Home Mortgage, OH Underwriter III July/2003 - Nov/2004
* Responsible for the review, analysis, approval underwriting of large, unusual or complex individual consumer requests and products within company and industry guidelines. * Underwrote 5-6 referred FHA loans per day when 4-5 were required. * Reworked 1-2 additional loans per day when at lease one were required. * Review and evaluated all appraisals financial statements, credit reports and r atios involved with the transactions ensuring all documents upheld guidelines. * Assisted with re-negotiation of loans and made recommendations to for alternat ive loan products when appropriate. * Provided assistance to field personnel to restructure loan requests to meet gu idelines. * Directed and trained lower level team members. * Received the Wells Fargo service star award 5 times for above average company standards with an average of 17-19 extra loans underwritten per month in a timel y and efficient manner. Guardian Savings Bank (FSB), OH July/2002 - July/2003
FHA, VA Underwriter * Increased FHA, VA loan production approximately 125% from 15-20 loans per mont h to 20-25 loans per month while maintaining integrity. * I was Responsible for the review, analysis, approval, underwriting, and closin g of all FHA and VA loans. * Evaluated and reviewed all financial statements, credit reports, appraisals an d all other supporting documentation underwriting all referred loans. * Contacted customers and partners to gather information and make appropriate de cisions * Sent all documents to the Title Company, closing my loans in a timely professi onal manner. * Entered all appraisal property information and paid Upfront Mortgage Insurance Premiums online with FHA connection. * Personally submitted all loans to FHA to be insured and investor. * Worked with production to resolve any issues or questions. * Received Direct Endorsement from HUD (DE#AR83). * Developed a streamline process for loan closing that reduced errors. * Created an Excel worksheet that calculated loan amounts for FHA streamline ref inance loans, and VA Interest Rate Reductions loans helping to increase loan pro duction. * Trained bank branches to understand FHA and VA guidelines, documents and loan submissions that increased government loan volumes. Wells Fargo Home Mortgage, OH March 2000 - July 2002 Mortgage Loan Processor * Performed processing and pre-closing tasks required to manufacture a loan in c ompliance with company standards. * Verified accuracy of documents for compliance and eligibility. * I prepared and completed application packages ensuring any missing documentati on was obtained for submission to underwriting. * Underwrote level 1 conventional and level 2 (LP approved FHA loans) * Insured results and complied with measurable standards for above average borro wer satisfaction, speed and efficiency of file delivery for closing. * Consulted with loan officers and borrowers when needed. * Received the Wells Fargo Service Star Award 3 times for achieving above averag e company standards for volume, efficiency, and compliance. * Selected to personally process one of Wells Fargo's Top Regional (HMC's) Loan Officers. USN Nuclear Weapons Technician, Honorable Discharge 1990 - 1994 TECHNICAL PROFICIENCY, EDUCATION AND CERTIFICATES Genesee Community College, Batavia, NY 1994 - 1995 I am proficient in all Microsoft Office, Windows applications, Mac OS X , AUS, D U, LP, LIS, MLCS, CLAS, BRAIN PeopleSoft, Loan Quest, Edge, Lotus 123, Lotus Not es, and Calyx, BRAIN, Lexus Nexus and FHA Connection. * * * * * Manual and Automated Underwriting Capability. 10 key by touch, Type 45 WPM OHFA, KHC, Bond, Numerous Appraisal Training Classes Reverse Mortgage Auditing FHA DE #AR8 Sept 2003.
* Completed All Regs Advanced FHA Underwriting Course to refresh and keep up wit
h current FHA regulations, standards and policies.
* Underwrote 5-6 level III Conventional Loans per day when 4-5 were required. * Responsibilities included the review of financial statements, credit reports, and applicable ratios. * Functions included the review of financial statements, credit reports, and app licable ratios ensuring all transactions followed lender guidelines. * Underwrote appraisals and ensured all loan documents were accurate, complete, and compliant. The Bohan Group, CA (June 06-Jan/08) Dec/2004 - Jan/2008 Due Diligence Underwriter QC (contract) Clayton Holdings, CT (Dec/04 - June/06) Due Diligence Underwriter QC (contract) * Consistently reviewed 14-17 loans per 8-hour day when 10 were required. * Reviewed all documentation, including loan applications, credit, compliance an d appraisals making decisions to approve or deny them based on risk, lender and investor and state regulatory guidelines. * Made credit risk decisions made based on the property as collateral and all cr edit information. * Made recommendations to investors and provided consultation for them based on allowable exceptions outside of guidelines. * Experienced in prime, sub-prime, conforming, non-conforming, first, second, Ju mbo Combo and HELOC loan transactions. * QC for job Leaders. Wells Fargo Home Mortgage, OH Underwriter III July/2003 - Nov/2004
* Responsible for the review, analysis, approval underwriting of large, unusual or complex individual consumer requests and products within company and industry guidelines. * Underwrote 5-6 referred FHA loans per day when 4-5 were required. * Reworked 1-2 additional loans per day when at lease one were required. * Review and evaluated all appraisals financial statements, credit reports and r atios involved with the transactions ensuring all documents upheld guidelines. * Assisted with re-negotiation of loans and made recommendations to for alternat ive loan products when appropriate. * Provided assistance to field personnel to restructure loan requests to meet gu idelines. * Directed and trained lower level team members. * Received the Wells Fargo service star award 5 times for above average company standards with an average of 17-19 extra loans underwritten per month in a timel y and efficient manner. Guardian Savings Bank (FSB), OH July/2002 - July/2003
FHA, VA Underwriter * Increased FHA, VA loan production approximately 125% from 15-20 loans per mont h to 20-25 loans per month while maintaining integrity. * I was Responsible for the review, analysis, approval, underwriting, and closin g of all FHA and VA loans. * Evaluated and reviewed all financial statements, credit reports, appraisals an d all other supporting documentation underwriting all referred loans. * Contacted customers and partners to gather information and make appropriate de cisions * Sent all documents to the Title Company, closing my loans in a timely professi onal manner. * Entered all appraisal property information and paid Upfront Mortgage Insurance Premiums online with FHA connection. * Personally submitted all loans to FHA to be insured and investor. * Worked with production to resolve any issues or questions. * Received Direct Endorsement from HUD (DE#AR83). * Developed a streamline process for loan closing that reduced errors. * Created an Excel worksheet that calculated loan amounts for FHA streamline ref inance loans, and VA Interest Rate Reductions loans helping to increase loan pro duction. * Trained bank branches to understand FHA and VA guidelines, documents and loan submissions that increased government loan volumes. Wells Fargo Home Mortgage, OH March 2000 - July 2002 Mortgage Loan Processor * Performed processing and pre-closing tasks required to manufacture a loan in c ompliance with company standards. * Verified accuracy of documents for compliance and eligibility. * I prepared and completed application packages ensuring any missing documentati on was obtained for submission to underwriting. * Underwrote level 1 conventional and level 2 (LP approved FHA loans) * Insured results and complied with measurable standards for above average borro wer satisfaction, speed and efficiency of file delivery for closing. * Consulted with loan officers and borrowers when needed. * Received the Wells Fargo Service Star Award 3 times for achieving above averag e company standards for volume, efficiency, and compliance. * Selected to personally process one of Wells Fargo's Top Regional (HMC's) Loan Officers. USN Nuclear Weapons Technician, Honorable Discharge 1990 - 1994 TECHNICAL PROFICIENCY, EDUCATION AND CERTIFICATES Genesee Community College, Batavia, NY 1994 - 1995 I am proficient in all Microsoft Office, Windows applications, Mac OS X , AUS, D U, LP, LIS, MLCS, CLAS, BRAIN PeopleSoft, Loan Quest, Edge, Lotus 123, Lotus Not es, and Calyx, BRAIN, Lexus Nexus and FHA Connection. * * * * * Manual and Automated Underwriting Capability. 10 key by touch, Type 45 WPM OHFA, KHC, Bond, Numerous Appraisal Training Classes Reverse Mortgage Auditing FHA DE #AR8 Sept 2003.
* Completed All Regs Advanced FHA Underwriting Course to refresh and keep up wit
h current FHA regulations, standards and policies.
