Summary
Overview
Work History
Skills
Timeline
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Christelle Suh Nchungong

Winter Springs

Summary

Dynamic Mortgage Underwriter with proven expertise at M & T Bank, excelling in loan risk assessment and compliance. Adept at leveraging analytical skills and decision-making to enhance underwriting efficiency, consistently meeting production goals. Proficient in automated underwriting systems, ensuring loans align with investor standards while delivering exceptional customer service.

Overview

11
11
years of professional experience

Work History

MORTGAGE UNDERWRITER

M & T BANK
01.2018 - Current
  • Analyze loan-to-value ratio, debt-to-income ratio, credit report, application, income and asset documentation, appraisal, etc., to ensure that each loan meets secondary market, investor, and company standards.
  • Demonstrates proficiency in automated underwriting systems (DU, LP).
  • Hands on experience with various fraud tools such as fraud guard and data verified also having hands on experience in compliance tools such as Mavent.
  • Make sure the appraisal meets the investor guidelines and supports value.
  • Underwrite residential mortgage loans in accordance with Jumbo, FNMA, FHA, and VA internal guidelines ensuring compliance with company and investor standards.
  • Review Appraisals and the SSR from Fannie and Freddie Mac to know the risk assessment and determine if it is acceptable to Fannie Mae and Freddie Mac.
  • Review and analyze borrower profiles, credit reports, title reports, income documentation and assets, including complex business returns and financials.
  • Experienced in income calculation for W2 Wage earners and self-employed borrowers.
  • Carry Credit analysis based on borrower’s Capital, Income/employment, Credit history and Collateral to determine the credit worthiness of a customer.
  • Review and evaluate information and documentation on mortgage loans, home equity loans, and home equity lines of credit to determine if borrower and/or property meets prescribed loan standards.
  • Underwrites mortgage loan applications and evaluates loans to maximize organizational profit and minimize risk or loss.
  • Working effectively with loan officers to ensure every option available is made to find best loan programs available to the borrower.
  • Evaluate the financial strength of borrowers to determine risk and repayment capacity.
  • Maintains a pipeline of loan file audit/review inventory, meet production requirements, and communicate status to management.
  • Work closely with loan processors to request additional documentation.
  • Manage loans by using all functions of Encompass.
  • Hands on experience on confirming Loans and non-confirming loans.
  • Escalates fraud files to Risk Management department.
  • Used DU and LP to determine whether a loan meets Fannie Mae or Freddie Mac’s eligibility requirements.
  • Analyzing the risk involved in granting a loan to a borrower and determine whether it is acceptable to the lender.
  • Frequently underwrite Conventional Loans and Jumbo loans while working on VA and FHA partially.
  • Communicate clearly with loan processing staff and loan officers to procure appropriate information necessary to finalize incomplete loan files.

Credit Due Diligence Underwriter

Clayton / Covius Solutions
03.2017 - 01.2018
  • Perform review of the residential mortgage loan application and documentations submitted to ensure loans meet agency and client underwriting guidelines along with all AUS requirements.
  • Analys credit, collateral, capacity, and ability to repay the loan.
  • Adding applicable conditions on the loan and accurately calculate income.
  • Provide quality control responses in a timely manner.
  • Meet the daily production goal.

LOAN PROCESSOR / Junior Mortgage Underwriter

MOVEMENT MORTGAGE
04.2014 - 03.2017
  • Maintained In and outbound calls with customers for requirement gathering and providing solutions to customer queries.
  • Gathering information for the loan application and summiting to the underwriter.
  • Evaluating credit histories for applications.
  • Collecting data from clients such as their assets, salaries, debts, and employment status to fill in information for the loan application.
  • Calculating income and performing initial underwriting.
  • Researching and correcting mistakes in applications to ease the work of the underwriter.
  • Reviewing file documentation for missing or erroneous information.
  • Assisting loan officer with request and needed to complete and process loan applications.
  • Clear basic condition like VOE.

Skills

  • Loan to value calculation
  • Debt-to-income calculation
  • Analytical skills
  • Proficiency in Word
  • Proficiency in Excel
  • Proficiency in PowerPoint
  • Proficiency in Outlook
  • Decision making
  • Problem solving
  • Communication skills
  • Customer service skills
  • Mortgage Underwriting Credit Skills
  • Commercial awareness

Timeline

MORTGAGE UNDERWRITER

M & T BANK
01.2018 - Current

Credit Due Diligence Underwriter

Clayton / Covius Solutions
03.2017 - 01.2018

LOAN PROCESSOR / Junior Mortgage Underwriter

MOVEMENT MORTGAGE
04.2014 - 03.2017

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Christelle Suh Nchungong