Prudhvi Raj O

• 4C’s of underwriting Credit, Capital, Collateral and Capacity
• Reviewing of Appraisal report, sales contract, Title commitment, borrower identification, property Taxes and property insurance.
• Calculating borrower Base income, overtime, Commission and other income from Paystubs, W2 and WVOE.
• Reviewing Credit Report to verify liabilities, bankrupts, foreclosure, judgments, alerts, public records
• Verifying Assets from Bank statement, supporting documentation for closing and reserve’s purpose.

• Analyzing the Bank Statements, 401k Accounts, Money Market Funds, Individual Retirement Account Statements on regular Basis.
• Verifying the Gift Letters, Earnest Money Documents, checks & Evidence of Bank Statements for Purchase Transactions

• 4C’s of underwriting Credit, Capital, Collateral and Capacity
• Reviewing of Appraisal report, sales contract, Title commitment, borrower identification, property Taxes and property insurance.
• Calculating borrower Base income, overtime, Commission and other income from Paystubs, W2 and WVOE.
• Reviewing Credit Report to verify liabilities, bankrupts, foreclosure, judgments, alerts, public records
• Verifying Assets from Bank statement, supporting documentation for closing and reserve’s purpose.
• Analysing the Initial-1003 and other U/W guidelines related documents to verify the accuracy and quality of documents.
• Evaluating the Credit Documents like Credit Report, Credit Supplement, Credit report Soft pull, Credit Misc and Letter of Explanations related to Credit inquiries & Previous Addresses of Borrower etc.

• Worked with client –Freedom mortgage for pre-underwriting of
  documents like bank statements, Appraisal , Paystubs, Payoff, W 2, Flood insurance , Condominium policy , Award letters Tax returns, Purchase agreement ect.
• Worked on Packages like complete & incomplete and
  Partial claim loans and handling CIT’s like 643 ,351,565and
  583
• Worked on document preparation, accounting and
  loan dispatching