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Case Study Mason-Mcduffie

Satisfactory Essays

Dane currently is working at Mason-Mcduffie they fund about 90mm a month, underwriting about 2 loans a day, been very slow. He gets reworks and new conditions to keep him busy , these are reasons he is concerned about the volume. This is supporting about 50 Loan officers with 15 Underwriters supporting. He feels it's a little slow, he prefers to be busy and keep the process moving.

Dane is well-versed ion conventional and Conforming loans. Analyzing and calculation debt ratios, financials , income, IRA and pension income ETC.

Dane works with the appraisal reports, and the processing team to ensure file meets and maintains investors standards and guidelines.

Dane spent 3 years Underwriting with RPM, RPM was closing upwards of 750 mm a month; Underwriting about 3-4 files a day. …show more content…

Really wants more exposure to these loans and guidelines.

During his career, he has been at 625 just under jumbo , for signing authority at RPM.

McDuffie is working on getting Jumbo products but they are not Delegated to receive these loans right

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