Roberta Lara is a mortgage underwriter with over 20 years of experience underwriting conventional, VA, FNMA, FHLMC, and HAMP loans. She is currently a remote contract underwriter for Mortgage Recovery Services, where she reviews loan files to ensure they meet program requirements. Previously, she has held underwriting roles at Bank of America, JPMorgan Chase, Countrywide Home Loans, Lehman Bros, and Washington Mutual. She has extensive experience underwriting various loan types, including conventional, government-insured, conforming, non-conforming, and subprime loans. She is proficient in various underwriting systems and guidelines.

1. Roberta
Lara
6201 Coldwater Canyon
Apt. #31
North Hollywood, CA 91606
323-356-9528
robertalara.rl@gmail.com
NMLS #956170
MORTGAGE UNDERWRITER
Expertise in Conventional, VA, FNMA,FHLMC & HAMP
Mortgage underwriter known for strengths in risk assessment income/credit
analysis and documentation review. Consistently commended for the timely and
accurate completion of compliant loan packages facilitating volume growth
while preserving book-of-business quality.
Comprehensive knowledge of underwriting guidelines and restrictions for
conventional and government-insured loan programs for both conforming and
nonconforming mortgages. Work collaboratively with team members to drive
deals to successful funding and close.
Currently Licensed Loan Originator-updated and active in current regulations
and guidelines in 5 States both Federal UST Licensed and state licensed in CA,
Fraudguard/Statusmart/AS400/Citrix/Lending QB Underwriting System Texas,
Virginia, Maryland and Idaho
Skills
20 + years mortgage underwriting experience | Credit & Income Analysis | Cash-
Flow Analysis | Risk Assessment | self employed tax analysis| Conventional, VA,
Conventional, Conforming & Non conforming Mortgages |Forensic and Quality
Control Underwriting/ AUS, DU, LP and Manual Underwriting/ Underwriting
Refinance and Purchase transactions | Loan Closing, Funding & Documentation |
Account Service Excellence/License Mortgage Loan Originator/Encompass/
Professional Underwriting Experience
Mortgage Recovery Services
Remote Contract Underwriter-1/2014 to current
 Reviews and analyzes loan file submitted for borrower to ensure file
meets loan program requirements. Includes individual analysis of
application, credit profile, Debt to income, assets, income, financial
statements, Loan to value ratios, appraisal reports and collateral
supporting documentation.
 Identifies and calculates risk to company and industry standards to give
meticulous evaluation of loan applications and determine credit
worthiness and risk assessment.
 Underwrite Fannie Mae & Freddie Mac Conventional Purchases and
Refinances using DU or LP.
 Possess and Maintain updated Investor Guideline Policies and
Procedures.
 Approves, counters or denies loan file. Conditions files accordingly for
supporting or missing documentation. Reviews loan to clear conditions
reanalyzes income if necessary and prepares file for final approval.

2. Bank of America- Pasadena, CA
Mortgage Underwriter-3/2011 to 11/2013
 Ensured loan submittals met internal and external eligibility
requirements. Gained extensive experience in underwriting VA, FHLMC,
FNMA ,HAMP, Conforming and Non-Conforming loans. SASE III
underwriting level andVA auto with further experience in DU and LP
underwriting.
 Provided meticulous attention to detail in underwriting mortgages.
Evaluated the financial strength of borrowers to determine risk and
repayment capacity.
 Leveraged knowledge of loan products to help restructure turned-down
loans for subsequent approvals. Maintained compliance with lending,
underwriting and government requirements.
 Underwriting VA, MHA, Conforming and Non- Conforming loans.
JPMorgan Chase, Irvine, CA
Mortgage Underwriter,6/2009 to 3/2011
 Responsibilities include underwriting modification in Loss Mitigations
thru HAMP and CHAMP programs current in Legacy trial and 10-1
programs. Platform included Chase, Washington Mutual, FNMA, FHLMC,
VA and USDA. Signing authority up to $400k.
Mortgage Recovery Services Los Angeles, CA
Loss Mitigation Consultant,1/2008 to 6/2009
 Responsibilities included assisting Borrowers in application for
repayment plans by proposing several options or strategies to the
Bank of Lender’s. Such as modification, short sales or deed in lieu of.
Further responsibilities included pre-underwriting for various Brokers
and Law firms and submitting loans to Lender’s nationwide.
Countrywide Home Loans, Rosemead CA
Sr. Credit Manager,11/2005 to 11/2007
 Responsibilities included assisting exceptions, Risk assessment and
re-pricing loans. Exception authority up to $2million on 100% LTV on
1st and 2nd liens.
Lehman Bros-BNC Mortgage,Irvine CA
Sr. Underwriter,8/2003 to 11/2005
 Responsibilities included underwriting subprime loans for Wholesale
mortgage division; along with signing off all conditions and suspense
items. Signing Authority up to $500k.

3. Washington Mutual, Northridge, CA
Sr. Underwriter,2/2002 to 8/2003
 Responsibilities included underwriting construction loans and project
reviews in Retail Banking division with signing authority up to
$1million in portfolio and A paper products.
Education & Technology
ProSchools
NMLS Licensing Safe Course
Allied Real Estate School
Real Estate Salesperson and Brokering Licensing Courses
Fannie Mae’s Housing Finance Institute
Managing Delinquencies, Foreclosures, Bankruptcies, acquired properties and Loss
mitigation
NAMU (National Association of Mortgage Underwriters)
FHA DE Underwriting and Case File Underwriting Review
Arroyo Grande High School, Arroyo Grande, CA
General Education graduated June 1984
Computer Proficiencies:
Edge, Status Mart, DU, LP, Encompass, Clues, LP, AS400,MS Word, and Excel;
Windows version 8.
References
 Available upon request