Laura Herron
La Vista
Summary
Credit professional with extensive experience analyzing financials, underwriting loans, and making sound lending decisions in high-volume environments. Skilled in risk assessment, compliance, and managing multi-million-dollar loan portfolios with accuracy and operational excellence.
Overview
13
13
years of professional experience
Work History
Senior Credit Analyst
First National Bank of Omaha
Omaha
10.2022 - Current
- Analyze debt, income, and cash flow to make sound credit decisions while staying aligned with company policies and regulatory requirements.
- Review loan applications, financial statements, credit reports, and tax returns to assess borrower eligibility, risk, and overall loan quality.
- Supported credit decisions, including approvals, denials, and counteroffers, through consistent judgment and adherence to underwriting standards.
- Ensure all loan data and documentation are accurate, complete, and properly entered before finalizing decisions.
- Collaborated with sales and internal teams to gather missing information, clear conditions, and ensure timely loan processing.
- Identify red flags, discrepancies, or exceptions early and resolve them to maintain strong, compliant loan files.
- Stay up to date on lending guidelines, company policies, and regulations to make consistent, compliant decisions.
- Contribute to the origination and underwriting of $500M+ in new loan volume.
- Helped fund $702.2M in HIL originations, supporting company growth and performance goals.
Home Equity Underwriter
Bank of the West
Omaha
05.2020 - 10.2022
- Evaluate monthly housing expenses, total debt obligations, monthly income, and loan ratios to determine the creditworthiness of the borrower.
- Analyze loan applications, credit reports, financial statements, tax returns, preliminary title reports and compensating factors in order to make a consistent and accurate credit decision.
- Communicated with loan officers and processors to resolve outstanding documentation issues for credit decisions, including conditional approvals, denials, and counteroffers.
- Reviewed files with loan officers and processors to clarify scenarios and conditions.
- Complied with all lending guidelines and compliance regulations while maintaining a satisfactory quality level on loan decisions with few QC findings or errors.
- Maintained service level agreements for decisions and conducted timely reviews of submitted conditions.
Senior Mortgage Processor
Bank of the West
Omaha
06.2019 - 05.2020
- Processed loan applications from initial submission to final approval, ensuring thorough documentation and compliance.
- Review loan documents and financial information for accuracy and completeness.
- Prepare loan files for underwriting and ensure compliance with all regulations and guidelines.
- Reviewed conditional loan approvals and coordinated transactions from approval to close, facilitating timely funding.
- Communicate with borrowers, loan officers, and underwriters to gather necessary documentation and resolve any issues.
- Coordinate with title companies, appraisers, and other third parties to facilitate the closing process.
- Met company goals and deadlines while adhering to investor guidelines, contributing to overall operational efficiency.
Loss Mitigation Analyst
Bank of the West
Omaha
02.2018 - 05.2020
- Analyzed credit history, financial information, property evaluations, and senior liens to approve or deny forbearance, modifications, short sales, or deeds in lieu.
- Analyze and understand customers' financial status to determine if customers qualify for retention or non-retention options.
- Ensure compliance of loss mitigation procedures and goals set forth by management, investors and insurers.
- Understand and adhere to the Fair Debt Collection Practice Act, Collection Laws, Fair Credit Reporting Act and all requirements for investors and insurers.
- Communicate credit decision and requests for additional information via telephone, email and fax.
- Corresponded with borrowers, attorneys, realtors, and dealers to evaluate loss mitigation programs offered by the bank.
- Evaluated and processed claims to HUD, monitored claim filings, and followed up to resolve delays or disputes in payment.
- Followed up to confirm all paperwork was received and completed, and ensured documents were signed and recorded.
Mortgage Processor
Guild Mortgage, Core Bank, Bank of the West
Omaha
01.2013 - 01.2018
- Review loan documents and financial information for accuracy and completeness.
- Verify borrower information, employment history, and creditworthiness.
- Calculate and assess Income, Including self-employed Income analysis, to determine qualification.
- Communicated with borrowers, loan officers, and underwriters to gather necessary documentation and resolve issues, ensuring smooth processing.
- Prepared loan files for underwriting, ensuring compliance with regulations and guidelines to facilitate timely approvals.
- Reviewed conditional loan approvals and managed transactions from approval to close, maintaining accuracy and adherence to protocols.
- Process loan applications from initial submission to final approval.
- Coordinate with title companies, appraisers, and other third parties to facilitate the closing process.
Education
High School Diploma -
Papillion La Vista High School
Papillion, NE05-2005
Some College (No Degree) -
University of Nebraska At Omaha
Omaha, NESkills
- Credit Analysis
- Loan Structuring
- Credit Decisioning
- Risk Assessment
- Financial Statement Analysis
- Cash Flow Analysis
- Due Diligence
- Lending Regulations
- Underwriting Compliance
- Loan Documentation
- Regulatory Compliance
- Negotiation
Title
Senior Credit Analyst
Timeline
Senior Credit Analyst
First National Bank of Omaha
10.2022 - Current
Home Equity Underwriter
Bank of the West
05.2020 - 10.2022
Senior Mortgage Processor
Bank of the West
06.2019 - 05.2020
Loss Mitigation Analyst
Bank of the West
02.2018 - 05.2020
Mortgage Processor
Guild Mortgage, Core Bank, Bank of the West
01.2013 - 01.2018
High School Diploma -
Papillion La Vista High School
Some College (No Degree) -
University of Nebraska At Omaha