Michael Maynes
Peoria
Summary
With a proven track record at Wells Fargo, I excel in credit analysis and leadership, enhancing loan processing efficiency and accuracy. Expert in risk assessment and financial evaluations, I've significantly mitigated risks through strategic guidance and training, embodying strong decision-making and communication skills.
Consumer finance professional with comprehensive background in loan underwriting, delivering precise and timely loan evaluations. Known for strong collaboration within teams and focus on achieving targeted outcomes. Recognized for adapting to evolving industry requirements and utilizing critical thinking and analytical skills to support financial objectives.
Overview
27
27
years of professional experience
Work History
Consumer Loan Underwriter
USAA
05.2025 - Current
- Evaluated consumer loan applications for risk and compliance with lending policies.
- Collaborated with cross-functional teams to streamline underwriting processes and enhance efficiency.
- Analyzed credit reports and financial statements to determine borrowers' creditworthiness.
- Provided mentorship and training to junior underwriters on best practices and regulatory guidelines.
- Ranked #1 (production + quality) using USAA metric system.
Senior Underwriter
Wells Fargo
03.1999 - 04.2024
- Conducted detailed analysis of borrower creditworthiness by evaluating financial statements, tax returns and other related documents.
- Tracked changes in underwriting guidelines issued by investors or agencies such as Fannie Mae or Freddie Mac.
- Performed quality control reviews on all approved and declined loans prior to closing.
- Developed and implemented strategies for mitigating risks associated with higher risk loans.
- Assessed risk factors associated with loan requests to determine whether they meet established criteria for approval.
- Analyzed debt-to-income ratios to ensure borrowers met the requirements of underwriting guidelines.
- Provided guidance and assistance to junior underwriters regarding loan underwriting processes and procedures.
- Monitored pipeline activity to ensure timely processing of all loans within established service level agreements.
- Monitored underwriters' workflows to boost accuracy, align procedures and improve efficiencies.
- Collaborated with multiple agents, brokers, and partners to obtain underwriting information.
- Trained junior underwriters and support staff in underwriting processes and policies.
- Reviewed property appraisals to ensure accurate valuation and compliance with standards.
Education
Some College (No Degree) -
Eastern New Mexico University
Skills
- Credit analysis
- Risk assessment
- Underwriting guidelines
- Financial statement evaluation
- Debt-to-income analysis
- Loan quality control
- Training and mentoring
- Problem solving
- Decision making
- Quality control
- Risk assessments
- Policy interpretation
- Communication skills
- Course development
- Employee training
Timeline
Consumer Loan Underwriter
USAA
05.2025 - Current
Senior Underwriter
Wells Fargo
03.1999 - 04.2024
Some College (No Degree) -
Eastern New Mexico University
References
References available upon request.
Education and Training
other