Ginamarie Kaminski
Corona Del Mar
Summary
Detailed Senior Mortgage Underwriter offering extensive background reviewing real estate loan applications for accurate and necessary information. In-depth knowledge of income calculations, tax returns, and credit reports. Analytical and flexible professional comfortable working in high stress environment while delivering excellent customer service. Proficient.
Overview
16
16
years of professional experience
3
3
years of post-secondary education
1
1
Certification
Work History
Senior Mortgage Underwriter
TKC Holdings
Corona Del Mar
04.2024 - Current
- Evaluated mortgage applications for compliance with company and regulatory standards.
- Analyzed borrower creditworthiness to ensure sound lending decisions.
- Reviewed loan documentation to verify accuracy and completeness.
- Conducted risk assessments on mortgage transactions to identify potential concerns.
- Communicated with clients to gather necessary information for application processing.
- Mentored junior underwriters on best practices and policy interpretations.
- Analyzed financial data, such as income statements, balance sheets, and tax returns to determine applicants' eligibility for mortgage loans.
- Prepared detailed reports on underwriting findings and recommendations.
- Conducted preliminary analysis of loan products and services offered by the company.
- Negotiated terms of mortgages when appropriate to maximize profits while minimizing risk exposure.
- Ensured compliance with all federal, state, and local regulations related to mortgage lending practices.
- Developed relationships with external vendors such as title companies, appraisers, surveyors, insurance agents.
- Explained complex loan terms and conditions to customers in a clear manner.
- Generated letters of denial or commitment based on approved and declined decisions.
- Evaluated mortgage loan risk based on sound underwriting decisions.
- Determined loan completeness and accuracy by thoroughly analyzing mortgage applications, appraisals and property valuations.
- Ensured loans met all underwriting guidelines for government-sponsored entities (GSEs) such as Fannie Mae and Freddie Mac.
Senior Mortgage Underwriter
Bank of the West
Irvine
04.2022 - 04.2024
- Evaluated mortgage applications for compliance with company and regulatory standards.
- Analyzed borrower creditworthiness to ensure sound lending decisions.
- Reviewed loan documentation to verify accuracy and completeness.
- Analyzed financial data, such as income statements, balance sheets, and tax returns to determine applicants' eligibility for mortgage loans.
- Ensured compliance with all federal, state, and local regulations related to mortgage lending practices.
- Evaluated loan applications and creditworthiness of potential borrowers.
- Explained complex loan terms and conditions to customers in a clear manner.
- Generated letters of denial or commitment based on approved and declined decisions.
- Evaluated mortgage loan risk based on sound underwriting decisions.
- Performed quality control review of completed loans prior to funding approval.
- Reviewed appraisals to ensure accuracy and compliance with company standards.
- Resolved pre and post-closing issues relating to underwriting such as issues.
- Determined loan completeness and accuracy by thoroughly analyzing mortgage applications, appraisals and property valuations.
- Analyzed capacity, credit, cash and collateral to determine loan approval, counteroffer, or denial.
- Reviewed titles and appraisals to validate properties to meet insurer and guarantor guidelines.
- Analyzed applicant assets and credit history to determine willingness and capacity to repay proposed mortgage obligation.
- Liaised with lenders, appraisers, and other third parties to communicate needs and requirements.
- Ensured loans met all underwriting guidelines for government-sponsored entities (GSEs) such as Fannie Mae and Freddie Mac.
- Monitored and complied with all federal, state, and local regulatory requirements.
- Analyzed property appraisals to ensure value and condition meet loan requirements.
- Maintained up-to-date knowledge of changing lending regulations and guidelines.
- Communicated loan decisions, including approvals, suspensions, or denials, clearly to all relevant parties.
- Interpreted complex financial statements and tax returns to assess borrowers' financial stability.
- Advised on structuring loans to meet both borrower needs and lender guidelines.
- Implemented risk assessment techniques to minimize potential losses.
- Approved or denied loan applications and explained reasoning behind decisions.
Underwriter Risk Manager
Pacific Union Financial
Irvine
04.2012 - 04.2018
- Evaluated loan applications for creditworthiness and risk assessment.
- Collaborated with loan officers to clarify underwriting decisions and requirements.
- Reviewed property appraisals to ensure accuracy and alignment with loan guidelines.
- Managed workflow processes to enhance efficiency in application reviews.
- Provided training and guidance to junior underwriters on industry standards.
- Utilized underwriting software to streamline application processing and documentation.
- Maintained up-to-date knowledge of lending regulations and market trends.
- Verified accuracy of documentation such as income statements, tax returns, bank statements and other related documents.
- Determined level of acceptable risk by reviewing applications for coverage and loss control reports.
- Analyzed financial information including income, assets, liabilities and credit history of applicants.
- Utilized underwriter authority to correspond with corporate risk appetite and strategy.
- Underwrote renewals by reviewing premium history, claims history and company financial condition to determine action.
- Resolved discrepancies between customer documentation and internal records.
- Maintained up-to-date knowledge of industry trends, regulations and compliance requirements.
- Established maximum loan amounts according to underwriting standards and communicated decisions to customers.
- Liaised with field, gathering information to base and defend underwriting decisions.
- Participated in regular training sessions regarding updates in relevant laws or regulations.
- Inspected financial statements, credit information and title data to complete underwriting process.
- Reviewed and evaluated loan applications to assess creditworthiness, risk and eligibility for approval.
- Ensured timely submission of all documents needed for closing transactions.
- Followed underwriting guidelines in developing rates for new and renewal groups.
- Provided guidance on underwriting procedures to junior staff members.
- Determined appropriate loan structure based on customer needs, company policy and regulatory guidelines.
- Prepared reports summarizing analysis results for management review.
- Worked with colleagues to review, accept or deny new and renewal business.
- Performed periodic reviews of existing loans to ensure continued compliance with established policies.
- Implemented underwriting strategies to minimize risk and maximize profitability.
- Reviewed and modified loan agreements to ensure compliance with federal and state regulations.
- Reviewed property appraisals to ensure accurate valuation and compliance with standards.
- Prepared and presented reports on loan activities and performance to senior management.
- Managed workload to ensure timely and accurate processing of loan applications.
- Interpreted underwriting guidelines and assessed risks according to company policies.
- Analyzed client's financial records and statements to assess creditworthiness.
- Conducted risk assessments on loan applications using detailed financial analysis.
- Ensured all underwriting activities complied with company policies and external regulations.
- Utilized underwriting software to determine loan risk and make approval decisions.
- Evaluated applicant financial status, credit, and property evaluation to determine feasibility of granting loans.
- Entered and maintained risk information in various information systems.
- Analyzed risk exposure across various financial products and services.
- Collaborated with cross-functional teams to identify and mitigate potential risks.
- Managed risk assessment reports for senior leadership review and decision-making.
- Identified, assessed, and reported on risk management issues.
- Reviewed risk management database reports for compliance and fraud prevention.
Senior Mortgage Loan Underwriter
Wells Fargo
Irvine
04.2010 - 04.2012
- Reviewed mortgage loan applications for compliance with regulations and company policies.
- Analyzed borrower financial information to assess creditworthiness and risk levels.
- Collaborated with loan officers to clarify documentation requirements for underwriting decisions.
- Evaluated property appraisals to ensure accurate valuation and adherence to guidelines.
- Mentored junior underwriters on best practices and underwriting standards at Wells Fargo.
- Communicated with clients regarding loan status and required documentation updates.
- Identified discrepancies in loan files and resolved issues before final approval.
- Implemented process improvements to enhance efficiency in the underwriting workflow.
- Reviewed borrower's financial documents such as income statements, tax returns, bank statements, and other relevant information.
- Developed strategies to minimize risks related to mortgage loans.
- Maintained up-to-date knowledge of federal regulations pertaining to mortgages and consumer protection laws.
- Drafted presentations summarizing key points from underwriting decisions for senior management review.
- Assessed risk factors associated with each loan application.
- Determined the appropriate loan amount based on established lending guidelines.
- Reviewed title reports for accuracy and completeness before approving a loan package.
- Negotiated terms of loans with lenders when discrepancies were found in submitted documentation or appraisal reports.
- Researched market conditions, economic trends, and industry standards regarding current mortgage rates and programs.
- Advised management on changes needed within the organization's underwriting process.
- Verified employment history and reviewed appraisals for accuracy.
- Conducted comprehensive reviews of existing loan portfolios to identify areas of improvement or risk.
- Created detailed reports outlining findings from underwriting processes.
- Attended meetings with clients to discuss specific details about their loan request.
- Collaborated with other departments within the organization such as accounting, sales, and operations when necessary.
- Evaluated customer satisfaction levels through surveys and feedback forms.
- Coached junior staff members on proper techniques for evaluating applicants' financial profiles.
- Performed quality assurance checks on all loan packages prior to submission to lenders.
- Provided guidance and assistance to junior underwriters in their daily tasks.
- Organized files containing all necessary documents related to approved loans.
- Ensured compliance with all applicable state and federal laws governing mortgage origination activities.
- Analyzed and evaluated loan applications to determine creditworthiness of potential borrowers.
- Reviewed and evaluated loan applications and supporting documents.
- Resolved document mistakes and discrepancies and identified signs of fraudulent activity.
Education
Bachelor of Arts -
Ucla
Los Angeles, CA 04.1985 - 03.1988
Walden Prep School
Anaheim, CASkills
- Risk assessment
- Underwriting guidelines
- Loan processing
Certification
- De, sar, lapp, jumbo expert, Manuel down grades expert
Timeline
Senior Mortgage Underwriter
TKC Holdings
04.2024 - Current
Senior Mortgage Underwriter
Bank of the West
04.2022 - 04.2024
Underwriter Risk Manager
Pacific Union Financial
04.2012 - 04.2018
Senior Mortgage Loan Underwriter
Wells Fargo
04.2010 - 04.2012
Bachelor of Arts -
Ucla
04.1985 - 03.1988
Walden Prep School