Herbert Ibitola
About Candidate
¨ Review mortgage loan files, which includes Loan application, income documentation, appraisal report and other required documents, to ensure compliance with the department’s policies, as well as state and federal regulations.
¨ Underwrite individual mortgage loan applications to determine borrower affordability and eligibility under federal and State requirements.
¨ Review supporting documents submitted or requested from lenders, update loan tracking database systems. Issue an underwriting decision in compliance with the department/state /Federal guidelines.
¨ Review and approve/reject Lender-originated loans to ensure compliance with federal, State and Program requirements and borrower affordability per insurer/guarantor underwriting guidelines.
¨ Review and approve post-close documents in line with department, state and federal guidelines.
¨ Analyzes credit, income, assets, LTV/CLTVs in accordance with policies, procedures and guidelines. Makes decisions on the credit worthiness of the borrower based on underwriting guidelines.
¨ Communicate with processors and lenders as may be needed to ensure all parties are aware of loan status and any outstanding requirements.
Location
Work & Experience
• Review mortgage loan files, which includes Loan application, income documentation, appraisal report and other required documents, to ensure compliance with the department’s policies, as well as state and federal regulations. • Underwrite individual mortgage loan applications to determine borrower affordability and eligibility under federal and State requirements. • Review supporting documents submitted or requested from lenders, update loan tracking database systems. Issue an underwriting decision in compliance with the department/state /Federal guidelines. • Review and approve/reject Lender-originated loans to ensure compliance with federal, State and Program requirements and borrower affordability per insurer/guarantor underwriting guidelines. • Review and approve post-close documents in line with department, state and federal guidelines. • Analyzes credit, income, assets, LTV/CLTVs in accordance with policies, procedures and guidelines. Makes decisions on the credit worthiness of the borrower based on underwriting guidelines. • Communicate with processors and lenders as may be needed to ensure all parties are aware of loan status and any outstanding requirements.
