Roberta Lara has over 20 years of experience as a mortgage underwriter specializing in conventional, VA, FNMA, and FHLMC loans. She is currently a remote contract underwriter for California Mortgage Services, where she reviews loan files to ensure guidelines are met. Previous experience includes underwriting roles at Bank of America, JPMorgan Chase, and Countrywide Home Loans. She has comprehensive knowledge of underwriting guidelines and the ability to work collaboratively with lending teams.

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, Fraud guard/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
California Mortgage Services
Remote Contract rwriter-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 and VA 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