Joanna D'Antonio

Serviced commercial real estate construction loans for large multi-family affordable housing buildings. Processed and funded monthly construction advances for multi-million dollar loans and performed budget reconciliations. Drafted closing letters and escrow worksheets and set up accounts receivable and new loan entry as well as other exhibits and post-closing documentation for all new business construction loan conversion closings and construction advance requisitions.

Organized initial document requests from members, as well as documents required by conditions on approved loans. Saved up to $ 8,000,000 over 10 months by observing strict credit union metrics to ensure only qualified mortgage loans were delivered to Fannie Mae. Documented accurate borrower income and assets. Identified recurrent issues and alerted the loan review committee to review high balance or exception loans.

Opened new loans from applications (home equities, refinances or purchases). Ordered flood certificates, appraisal inspections, and titlework; distributed disclosures and commitment approvals.