Chaitanya Kulkarni

Processing and Loan coordination -

• Processed 50-60 loans monthly for multiple US mortgage brokers and loan officers, achieving 25-30 closings each month
• Review & monitoring daily loan pipeline to ensure all tasks are completed and loan is on target to meet closing date expectations
• Delivered key milestones for each loan, including CD, docs out, notary assignment, closing, funding confirmation, and verification of disbursed funds against broker check detail
• Monitoring preparation of mortgage loan file by reviewing, clarifying, or obtaining additional information
• Supported loan officer and underwriter teams by ensuring timely and accurate mortgage processing
• Ordered third-party documents including title, homeowners insurance, VOE, and payoff information.
• Review conventional, submissions for completeness and compliance, including 1003, credit report, income, and asset documentation, purchase agreement, and title report.
• Reviewed underwriting conditions and gathered documentation needed for underwriting.
• Credit Risk Assessment- Reviewed Credit report to evaluate the borrower’s ability and willingness to make timely payments.
• Reviewed Credit Report for Bankruptcies, foreclosures, tax liens, late mortgage payments
• Income Analysis- Reviewed and analyzed Income documents. Calculated Debt-to-Income (DTI) Ratio.
• Reviewed Salaried and Self-Employment income documents.
• Calculated Loan-to-Value (LTV) Ratio.

Closing-

• Full examination of loan documentation to ensure accuracy and completeness.
• Review Closing Disclosure, DU Finding, credit report, Title report, Appraisal report, Purchase Contract, Payoff Statement submitted by the loan officers.
• Prepared Closing Disclosure document.
• Managed client email correspondence to ensure timely responses and satisfaction.
• Achieved productivity targets while maintaining quality and efficiency.
• Following HR policy of the company.
• Attending training session which is conducted by the company.
• Fostered positive relationships within team to enhance collaboration.

Prepared Loan Estimate and initial disclosures to facilitate informed borrowing decisions.

• Delivered initial disclosure package to borrower promptly, supporting compliance with regulatory timelines.
• Disclosed initial loan information to borrower, ensuring understanding of loan terms.