Mortgage Credit Analyst assesses the risk and creditworthiness of loan applicants and recommends loan approval, terms, or application denial. Gathers necessary credit, income, and tax information to conduct financial assessments. Being a Mortgage Credit Analyst reviews and verifies property appraisals, collateral value, and key indicators such as debt-to-income and loan-to-value ratios. Prepares a detailed credit analysis and summary using underwriting guidelines, risk assessment frameworks, and following applicable regulatory compliance. Additionally, Mortgage Credit Analyst may require a bachelor's degree. Typically reports to a manager. The Mortgage Credit Analyst work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Mortgage Credit Analyst typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Compile and analyze financial records from tax returns, financial statements, and cash flow projections in order to determine credit worthiness of loan applicants.
Generate reports to compare liquidity, profitability, cash flow trends, and financial ratios for loan officers to use in analysis of their current and potential customers.
Assist loan officers in compiling information for loan committee presentations.
Maintain high level of service to lenders.
Ensure attention to details in preparing reports and memos.
EDUCATION, EXPERIENCE, SKILLS: Credit analysts should have the following basic knowledge and skills:
BankFirst is an EO employer- M/F/Veteran/Disability/Sexual Orientation/Gender Identity
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0 Mortgage Credit Analyst jobs found in Columbus, MS area