Frances Stigger
Financial (310) 349-6766
City of Los Angeles,CA
Summary
Enthusiastic Sr. Underwriter/Credit Analyst eager to contribute to team success through hard work, attention to detail and excellent organizational skills. Clear understanding of an Underwriter and training in FHA, VA, Commercial, Constructional, Jumbo and Conventional loans. Motivated to learn, grow and excel in the financial industry. .
Overview
18
18
years of professional experience
Work History
Sr. Underwriter
PennyMac Wholesale
Westlake Village, CA
08.2020 - 03.2022
- Underwriting (review, calculate all types of income, condition loans, review full appraisals, communicate approvals or declines with processors, brokers and management)
- 1st , 2nd , investment properties and construction to perm loans
- My average underwrite per day is 3to 5 loans depending on the loan.
Sr. Underwriter
Northrop Grumman Federal Credit Union
Gardena, CA
07.2018 - 12.2020
Sr. Underwriter
UNIFY Financial Credit Union
Torrance, CA
02.2016 - 06.2018
Mortgage Loan Specialist. Sr. Loan Processor
Mortgage Capital Partners
Los Angeles, CA
11.2012 - 08.2014
- Verify and examine information and accuracy of loan application and closing documents
- Interview loan applicants in order to obtain personal and financial data, and to assist in completing applications
- Assemble and compile documents for loan closings, such as title abstracts, insurance forms, loan forms, and tax receipts
- Record applications for loan and credit, loan information, and disbursements of funds, using computers
- Check value of customer collateral to be held as loan security
- Contact credit bureaus, employers, and other sources in order to check applicants' credit and personal references
- Submit loan applications with recommendation for underwriting approval
- Review customer accounts in order to determine whether payments are made on time and that other loan terms are being followed
- Interview loan applicants in order to obtain personal and financial data, and to assist in completing applications.
4/HMA/Processor/Underwriter
HLP, Wells Fargo Home Mortgage
Beverly Hills, CA
06.2003 - 11.2012
- Verify and examine information and accuracy of loan application and closing documents
- Assemble and compile documents for loan closings, such as title abstracts, insurance forms, loan forms, and tax receipts
- Interview loan applicants in order to obtain personal and financial data, and to assist in completing applications
- Answer questions and advise customers regarding loans and transactions
- Contact customers by mail, telephone, or in person concerning acceptance or rejection of applications
- Record applications for loan and credit, loan information, and disbursements of funds, using computers
- Prepare and type loan applications, closing documents, legal documents, letters, forms, government notices, and checks, using computers
- Present loan and repayment schedules to customers
- Calculate, review, and correct errors on interest, principal, payment, and closing costs, using computers or calculators
- Check value of customer collateral to be held as loan security
- Contact credit bureaus, employers, and other sources in order to check applicants' credit and personal references
- Schedule and conduct closings of mortgage transactions
- Submit loan applications with recommendation for underwriting approval
- Order property insurance or mortgage insurance policies in order to ensure protection against loss on mortgaged property
- Review customer accounts in order to determine whether payments are made on time and that other loan terms are being followed
- Establish credit limits and grant extensions of credit on overdue accounts
- Verify and examine information and accuracy of loan application and closing documents
- Interview loan applicants in order to obtain personal and financial data, and to assist in completing applications
- Answer questions and advise customers regarding loans and transactions.
Education
Associate Of Applied Arts - Biblical Studies
Fredrick KC Price School of Ministry
City Of Los Angeles, CASkills
- Trainer, Teacher, Leader and great Team Builder, Excellent Problem Solver, Mentor, Negotiator and Communicators (10 years)
- Additional Information
- I assisted in the training of the Loan Processors on the LIS system Trained new Loan Officers on how to look at income documentation such as tax returns (K1s, 1065, 1120 1120s, 1040), pay stubs, employee contracts, award letters, assets, credit reports, purchase contracts, prelims and escrow Complete 1084 forms and rental income I have managed 50 files a month and closed jumbo refinances and purchases in 10 to 30 days
- Underwriting Understanding
- Financial Advisement
- Automated Underwriting Systems
- Managing Risk
- Managing Multiple Priorities
- Desktop Underwriter
- Government Lending
- Property Appraisals
- Production Goals
- Customer Satisfaction
- Analyzing Data
- Customer Interaction
- Negotiation Proficiency
- Loss Protection
- Commercial Real Estate
- Issue Resolution
- Correspondence Writing
- Meeting Support
- Appraisal Verification
- Change Request Processing
- Payment Collection
- Closing Disclosures
- Asset Protection
- Payment Method
- Banking Standards
- Inquiry Requests
- Information Updates
- Data Integrity
- Creative Solutions
- Eligibility Requirements
- Program Requirements
- Underwriting Process Expertise
- Accounts Payable and Accounts Receivable
- Reading Comprehension
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Quote
Either write something worth reading or do something worth writing.
Benjamin Franklin
Timeline
Sr. Underwriter
PennyMac Wholesale
08.2020 - 03.2022
Sr. Underwriter
Northrop Grumman Federal Credit Union
07.2018 - 12.2020
Sr. Underwriter
UNIFY Financial Credit Union
02.2016 - 06.2018
Mortgage Loan Specialist. Sr. Loan Processor
Mortgage Capital Partners
11.2012 - 08.2014
4/HMA/Processor/Underwriter
HLP, Wells Fargo Home Mortgage
06.2003 - 11.2012
Associate Of Applied Arts - Biblical Studies
Fredrick KC Price School of Ministry
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