Sandip Kumar Parida

CURRICULUM VITAE NAME: SANDIP KUMAR PARIDA Phone: - Email:- SUMMARY: 12 years of experience in US Commercial Mortgage, Residential Mortgage, Appraisal Underwriting, Hard Money Lending, Post Closing, Escrow, Tax, Insurance, Reserves, Asset Management, Financial Statement Analysis, Payoff, Invoice Processing, Payment Processing, Research, handling Client Queries along with QC, Training and Mentoring new hires. Seeking to leverage my technical and professional expertise to learn and grow in the new role at your company. WORK EXPERIENCE: BMTG Advisors India Pvt. Ltd. Analyst - Valuation R & C July 2024 – January 2025 Review appraisal report following multiple guidelines including Lender, FNMA, Investor, and other mortgage underwriting guidelines. Transfer appraisal to and from external lenders. Review Property Condition Report for properties affected by any natural disaster. Ensure remediation of any issues on the property and completion of repairs if any. Work on different loan types including new purchase, refinance and HELOC. Work on multiple property types including single family, PUD and Condominium. Deal with borrowers, Underwriters and Appraisal Management Companies whenever necessary. Coordinate internally with different departments to make the loan closing process smooth and seamless. Maintained up-to-date knowledge on appraisal underwriting and FNMA guidelines. Mokopali Mortgage Outsourcing Senior Mortgage Processor May 2022 – July 2024 Prepare loan purchase documents like Allonge, AOM etc. and send them for recording once the loan is sold to an Investor. Board the loan with the servicer. Track the monthly payments for all the loans every month. Contact the Borrower through email, text or call if monthly payment is not made on time. Monitor insurance for all of the loans and get new coverage before it is expired. Contact Borrower for payoff or extension before maturity date. Request payoff demand from Servicer, approve the payoff after review and send it to Borrower when the Borrower wants to go for payoff. Prepare Loan Extension Agreement and process the extension before maturity if the Borrower wants to go for extension. Prepare Satisfaction of Mortgage and send it for recording when the loan is paid off. Deal with IRA department to get funds from Investor’s IRA account when an Investor wants to purchase a note. Get the Loan Purchase and Sale Agreement, W9 and ACH signed from new Investor. Deal with Borrowers, Investors and Servicers through email, text ad call whenever necessary. Berkadia Services India Pvt. Ltd. Senior Analyst April 2012 – April 2022 Review different documents like Loan Agreement, Mortgage Deed of Trust, Appraisal etc. and extract required information from them. Review Evidence of Insurance, Certificate of Liability Insurance, insurance policy pages to make sure they are compliant as per Loan Agreement. Update database with information from Loan Agreement, Appraisal, Reserve Agreement etc. Make sure taxes are paid for all the properties before due date. Research through websites of different Tax Authorities to find the details and download the paid receipt. Make calls to tax office of different state and counties to confirm if the taxes are paid and collect the additional details like amount, date paid, next due date etc. Make payments from escrow account for invoices received towards Insurance Premium, Property Protection Advance etc. Review reserve requests received from Borrower and disburse funds from different reserve accounts like Replacement Reserve, Repair Reserve, Green Improvement Reserve etc. Send the surplus amount from escrow accounts to borrower once the loan is paid off. Transfer funds through wires, ACH or check and create FedEx label or USPS label to send the check. Order flood certificate to determine flood zone for all properties so that flood insurance can be taken accordingly. Review financial statement to calculate Debt Service Coverage Ratio and perform different type of analysis like Variance Analysis and Root Cause Analysis etc. Prepare transfer package to be sent to Special Servicer when loan goes into default. Prepare certain reports in excel, reconcile them and send them to client as per their request. Handle process issues/queries pertaining to bank reconciliation, cashiering and provide payment status to Borrower. Resolve Borrower queries and disputes over phone and email as and when required. SKILLS: Have worked on applications like Salesforce, Zoho CRM, Jira, Confluence, NETROnline, Teamwork, McCracken, Strategy CS, Cognos & Outlook. Proficient in MS Office (excel, word and power point) Ownership and accountability for deliverables Strong attention to detail and accuracy Excellent written and verbal communication skills and ability to summarize and explain complex concepts to others Strong problem-solving skills and attention to detail Strong analytical and review skills Highly organized ACADEMIC QUALIFICATION: M.B.A. from Biju Patnaik Institute of IT & Management Studies, Bhubaneswar under BPUT in 2011. Specialization: Finance B.Sc. from M.S. Ramaiah College of Arts, Science & Commerce, Bangalore under Bangalore University in 2008. I.Sc. from R.I.H.S. College, Balasore under C.H.S.E. Odisha in 2004. H.S.C. from M.R.S. High School, Kamarsalia under B.S.E. Odisha in 2002. PERSONAL VITAE: Father’s Name:Basanta Kumar Parida Date of Birth:15th November 1987 Gender:Male Marital Status:Married Address:Bhubaneswar, Odisha, India Name: Sandip Kumar Parida Place: Bhubaneswar Date: -