Kimberly (Kim) Papuchis serves as FHA Chief Underwriter at NewPoint, where she is responsible for all healthcare and multifamily FHA insured loans. She has been in the mortgage banking business for over 40 years and has underwritten, analyzed, managed, approved and closed over $3.5 billion in HUD/FHA Loans.
Prior to joining NewPoint, Papuchis was FHA Chief Underwriter at HHC Finance, where she was employed since 2008. She has been a certified HUD/FHA LEAN underwriter since 2010, and was named FHA Deputy Chief Underwriter before being promoted to the FHA Chief Underwriter in 2017.
Prior to HHC Finance, Papuchis was with Capital Source Mortgage Finance, where she underwrote and analyzed various HUD/FHA MAP and LEAN loans. She spent her previous 27 years at Suburban Mortgage Associates Incorporated (SMAI), where she became a certified HUD/FHA MAP underwriter in 1997. During her years with SMAI, she held various positions, including Office Manager, Director of Operations, Executive Vice President, and Executive Assistant to the Chairman.
Papuchis underwrote and closed the second deal originated under the new HUD LEAN program introduced in 2008.