JOHN MCLAUGHLIN
QUEEN CREEK
Summary
Mortgage Underwriter with over 20 years of extensive expertise in mortgage finance, underwriting, income/asset analysis, and risk assessment.
Overview
7
7
years of professional experience
Work History
Underwriter
Morgan Stanley
08.2022 - 01.2025
- Analyzed and verified applicant income, assets and credit history to support compliance with underwriting guidelines.
- Worked with processing team members to communicate errors and obtain missing information for current applications.
- Supported the loan origination team by providing expert knowledge and guidance on complex underwriting scenarios, enabling well-informed decisions in challenging cases.
COLLATERAL UNDERWRITER
Guaranteed Rate
05.2020 - 02.2022
- Review and approve/suspend/ or decline all home loan applications per investor guidelines
- (Conforming/Non-Conforming, DU, and LP, Encompass)
- Ensuring property type, condition and value conforms with applicable agency guidelines
- Interfacing with Appraisal Management Companies, Loan Coordinators, and Sales
- Reviewing income, assets, and Title documents for potential red flags and accuracy
- Assess overall risk for the secondary market (Freddie Mac, Fannie Mae, and other investors)
- Approved and/or reviewed a minimum of 12 loans per day w/ no QA findings
HOME EQUITY UNDERWRITER
Bank of America Home Loans
12.2019 - 04.2020
- Ensuring loan applications are complete and accurate (ACAPS, Encompass)
- Analyzed credit, income, compliance, title documents, and appraisals during underwriting process.
- Calculating and analyzing overall credit worthiness and risk to the bank
- Reviewing all aspects of the loan for any and any potential fraud and overall credit risk
SR. LOAN PROCESSOR
Lennar Homes
05.2018 - 11.2019
- Ensuring the customer is informed about the loan process from start to finish (Encompass)
- Reviewed all income and asset documentation for funds to close requirements, reserves, debt to income ratios, and compliance
- Experienced with new build / USDA / DPA loans as well as FHA and VA loan applications
- Responsible for reviewing title and appraisal for completeness and accuracy
- Analyzed credit reports for credit worthiness based on Fannie Mae/Freddie Mac/VA/FHA guidelines
- Ordered title commitments, appraisals, surveys, insurance, and MI certificates
Education
BACHELORS OF SCIENCE - INFORMATION TECHNOLOGY
University of Phoenix
Mesa, AZ08.2008
Skills
- Encompass
- ACAPS
- DU
- LP
- FHA Connection
- VA Portal
- Excel
- Word
Additional Information - Professional Certification
NMLS ID: 629932
Affiliations
- United States Marine Corps Foundation
Timeline
Underwriter
Morgan Stanley
08.2022 - 01.2025
COLLATERAL UNDERWRITER
Guaranteed Rate
05.2020 - 02.2022
HOME EQUITY UNDERWRITER
Bank of America Home Loans
12.2019 - 04.2020
SR. LOAN PROCESSOR
Lennar Homes
05.2018 - 11.2019
BACHELORS OF SCIENCE - INFORMATION TECHNOLOGY
University of Phoenix
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