1. Carol A. DePonio Cell # 586 381 5454
21608 Trombly
St. Clair Shores Mi. 48080 cdeponio@yahoo.com
OBJECTIVE
Mortgage Underwriter/Post Closing Review
HIGHLIGHTS OF QUALIFICATIONS
• Designated as HUD/FHA Direct Endorsement (DE) Underwriter and VA Automatic Underwriter – December
2004.
• Designated as VA LAPP Staff Appraisal Reviewer (SAR) January 2008.
• Solid knowledge of FHA and VA lending guidelines.
• Excellent analytical and decision making skills with complex and difficult loans.
• Average 50+ loans per month plus reviewing/clearing conditions
• Strong verbal and written communication skills.
• Over 14 years of originating, processing and closing all types of mortgage loans
EXPERIENCE
First Independence Bank, Clinton Twp. Mi. March 2015 to June 2016
• Underwriter for all Conventional, FHA and VA loan products
• Success in use of Mortgage Bot system/Avista
• Underwrite to Fannie, Freddie, FHA, VA, Wells Fargo and various otherinvestors
• Lending authority to $2,105,100
Urban Settlement Services LLC AKA Prodovis Mortgage Co April 2014 to August 2014
Corporate Underwriter
• In March 2014 BOFA sold/transferred entire Troy mortgage processing/underwriting site to Urban Lending. We
became contract underwriters for Bank of America employing same tools and guidelines and considered a
seamless transition.
Bank of America January 2012 to April 2014
Corporate Underwriter
• Reinstated FHA and VA designations underBank of America guides
• Success in use of BOFA proprietary systems (EDGE and Status Smart)
• Achieved Level 6 corporate underwriter designations for conforming, non-conforming and second
mortgage products.
• Lending authority to $2,105,100
Talmer Bank & Trust FKA First Michigan Bank, Troy Michigan November 2010 to December
2011

2. Mortgage Underwriter
• Underwriter for all RD, FHA, conforming and non-conforming conventional1st and 2nd mortgage products
• Success in use of FMB proprietary system, Encompass
• Underwrote to Fannie, Freddie, Chase, Wells Fargo and GMAC guidelines
• Lending authority to $2,105,100
CitiMortgage Inc, Ann Arbor Michigan October 2009 to November 2010
Mortgage Underwriter 3
• Success in use of Citi’s proprietary systems,Citiworks, Citrix LPM
• Underwriting authority up to $3.5M
• Underwriter for conforming and non-conforming conventionalproducts
• Worked remotely from home
Envoy Mortgage Company, Houston Texas February 2009 to July 2009
Mortgage Underwriter 2
• Underwriter for all Conventional, RD, FHA, Manufactured Homes and VA Mortgage products
• Analyzed and review all appraisals for compliance with the various products
• Use of automated underwriting systems:Calyx Point, Data Track and E-File
• Underwrote to Fannie, Freddie and Chase Bank guidelines
• Lending authority to $2,105,100
Lasalle Bank Midwest by Merger NKA Bank of America Troy Michigan
Senior Government Underwriter/Officer August 1986 to April 2008
• Reviewed and analyzed FHA, VA and Conventional mortgage loan applications
and supporting documentation for completeness,accuracy and to ensure compliance
with HUD, VA and bank guidelines.
• Underwrote endorsement quality FHA and VA loans and rendered a loan decision within established turn times
while maintaining consistent production levels.
• Analyzed government loan appraisals to provide compliance with FHA and VA guidelines and to ensure value
had been properly established through the market approach.
• Audited closed loan files to confirm documents had been properly executed at closing and resolved exceptions
and deficiencies
• Provided exemplary customer service and accurate information to loan origination staff concerning all
government loan products to increase their knowledge and loan volume.
• Underwrote conventionalloans to secondary market guidelines and met all production goals.
• Additional experience includes document preparation and closing coordinator for all types of mortgage loans.
• Assembled case binders for submission/insuring on both FHA and VA loans.
EDUCATION
Completed Residential Mortgage Lending and Real Estate Law 1 & 2 through Detroit College of Business,
Now known as Davenport College
Word 2007 class in 2009 Through Katy ISD, Katy Texas