Mortgage Credit Analyst jobs in Harrington, DE

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)

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CREDIT ANALYST
  • Dover Federal Credit Union
  • Dover, DE FULL_TIME
  • Description

    The primary function of this position is to analyze information and credit reports to evaluate degree of risk of business loans and prepare recommendations for the AVP of Commercial Loan Department, Chief Executive Officer, Senior Credit Analyst and Loan Committee.  A key component of this service is to identify the financial needs of the member and recommend an appropriate credit union solution. In addition, assist with the daily operations for the Commercial Loan Department.

    Requirements

    • Review loan packages to insure all financial information has been obtained with appropriate signatures and analyze credit information to make a general assessment of member’s creditworthiness.
    • Conduct in-depth review of balance sheet and profit and loss statements presented by applicants for commercial loans or lines of credit, and evaluate.
    • Assess liquidity, quality of management, market position, and overall business climate to estimate future profitability of business.
    • Complete industry research.
    • Analyze and review appraisals of real estate used as loan collateral.
    • Complete risk rating analysis to determine appropriate risk ratings on credit requests, existing credits and annual reviews.
    • Compile and structure loan package for presentation. Prepare report-summarizing findings.
    • Monitor payment practices to protect credit union from bad debt losses.
    • Spread financial statements.
    • Complete financial analysis on financial statements and tax returns to include annual reviews.
    • Assist AVP of the Commercial Loan Department. Chief Executive Officer, and Senior Credit Analyst in preparing Credit Proposal Summaries.
    • Work with accountants to obtain and/or review financial information.
    • Monitor portfolio to insure all financials, aging reports and other required documents are up to date.
    • Monitor portfolio to include tracking for annual financial reviews.
    • Assist in preparing closing loan documents.
    • Create opportunities for expanding existing business member relationship by cross selling product and determining additional products and services for both the member’s business and personal needs.
    • Participate in Community events.
    • Serve as Notary

    Job Specifications

    • Requires education equivalent to a Bachelor’s degree.
    • Requires minimum of five years of related experience and or training in services at a bank, credit union, and/or other financial institution. Corporate, industry training, or continuing education on the business market, small business target market, etc. desirable.
    • Must possess a valid state driver’s license & insurance. Duties are performed in an office environment but also may require travel to other credit union facilities to provide assistance and/or attend meetings, training and networking events.  Duties may also require travel to business meetings within the local community and out of the state.
    • Professional, well-developed interpersonal skills essential to maintain courteousness, tactfulness, and diplomacy with the Board of Directors, members, management, a diverse group of callers, visitors, and vendors.
    • Ability to read and understand business financial statements.
    • Effective oral, written, and interpersonal communication skills with the ability to apply common sense to carry out instructions, interpret documents, understand procedures, write reports and correspondence, and speak clearly to members and employees.
    • Strong organizational ability, versatility, time management, with ability to work with minimal or no supervision.
    • Proficient in math and calculations related to lending (calculations and concepts involving decimals, percentages, fractions, etc.)
    • Work requires proficient computer skills (MSWord, Excel, PowerPoint, and Microsoft Outlook) and the ability to learn new software applications. Must have ability to operate standard office equipment such as copier and calculator. (Testing prior to interview)
    • The ability to have considerable discretion and judgment when working with confidential and sensitive information.
    • NMLS required, or ability to get within six months of hire.

    Physical Requirements

    The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

    While performing the duties of this job, the employee is frequently required to sit, use hands to finger, handle or feel, reach with hands and arms, and talk or hear. The employee is occasionally required to stand, walk, bend, kneel, and reach above or at shoulder level. The employee must occasionally lift/push/pull and/or carries up to 10 pounds.

  • 19 Days Ago

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Credit analyst ii
  • TD Bank Group
  • Wilmington, DE FULL_TIME
  • We are working to deliver a legendary mobile experience. If your experience is less than optimal, please visit us on a desktop or laptop. QA Analyst II Credit Cards & Unsecured Lending Delivery Operat...
  • 18 Days Ago

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SBO Payment and Credit Analyst
  • Bayhealth
  • Dover, DE FULL_TIME
  • Position Description 30 Old Rudnick Ln STATUS: Full Time 80 Hours SHIFT: GENERAL SUMMARY: Summary: This position is accountable for processing Provider Level Adjustments (PLBs) received from insurance...
  • 22 Days Ago

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Collections Analyst
  • Citadel Federal Credit Union
  • Exton, PA FULL_TIME
  • The Collections Analyst is responsible for mitigating loss to the Credit Union by contacting members with delinquent loans and negative checking accounts and negotiating appropriate arrangements to cu...
  • 9 Days Ago

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Risk Analyst - Internal Monitoring
  • Citadel Federal Credit Union
  • Exton, PA FULL_TIME
  • Job Overview Risk Management diligently strives to mitigate risks impacting the financial stability and overall reputation of the organization. The Internal Monitoring Analyst will dedicate a signific...
  • Just Posted

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Information Security Analyst
  • Farm Credit Network
  • Dover, DE FULL_TIME
  • Are you looking for a career opportunity that offers a good work/life balance, the opportunity for career growth, and the ability to work in a collaborative team environment? Overview Horizon Farm Cre...
  • 3 Days Ago

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0 Mortgage Credit Analyst jobs found in Harrington, DE area

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Remote Regulatory Compliance Analyst (Insurance Industry)
  • National General Insurance
  • Dover, DE
  • Job Description Position/Title: Remote Regulatory Compliance Analyst (Insurance Industry) ** NOTES: Ideal candidate will...
  • 3/28/2024 12:00:00 AM

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Recovery Support Specialist
  • brsihouston.com
  • Dover, DE
  • Recovery Support Specialist **Apply Now** *chevron_left* **Sign In** Welcome ! It looks like you have an account with th...
  • 3/28/2024 12:00:00 AM

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106 - Dover - Assistant Branch Manager I
  • Kennebunk Savings
  • Dover, DE
  • **106 - Dover - Assistant Branch Manager I** Dover, NH, USA Req #282 Thursday, August 12, 2021 *All incumbents will embr...
  • 3/28/2024 12:00:00 AM

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Assistant Branch Manager
  • County Bank
  • Lewes, DE
  • Job Description Job Description JOB TITLE: Personal Banker IV, Assistant Manager DEPARTMENT: Branch Banking FLSA STATUS:...
  • 3/28/2024 12:00:00 AM

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Reporting Manager
  • The Judge Group
  • Millsboro, DE
  • Job Description Primary PurposeProvide professional accounting and finance reporting design and analysis services to the...
  • 3/28/2024 12:00:00 AM

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Director Agri-Business Accounting
  • The Judge Group
  • Millsboro, DE
  • Job Description Primary PurposeThis position will be focused on ensuring the accuracy of financial information to safegu...
  • 3/28/2024 12:00:00 AM

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Director, International Risk Management
  • Capital One
  • Dover, DE
  • West Creek 4 (12074), United States of America, Richmond, Virginia Director, International Risk Management Capital One i...
  • 3/26/2024 12:00:00 AM

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Recovery Learning Specialist (Part Time)
  • Mental Health Partnerships
  • Georgetown, DE
  • Job Type Part-time Description COME BUILD HOPE WITH US! MHP hiring a full time Recovery Learning Specialist who will fac...
  • 3/26/2024 12:00:00 AM

Harrington is a city in Kent County, Delaware, United States. It is part of the Dover, Delaware Metropolitan Statistical Area. Harrington hosts the annual Delaware State Fair each July. The population was 3,562 at the 2010 census. Harrington is located at 38°55′25″N 75°34′40″W / 38.92361°N 75.57778°W / 38.92361; -75.57778 (38.9237244, -75.5777033). According to the United States Census Bureau, the city has a total area of 2.0 square miles (5.2 km2), of which, 2.0 square miles (5.2 km2) of it is land and 0.04 square miles (0.10 km2) of it (1.48%) is water....
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Mortgage Credit Analyst jobs
$55,196 to $78,838
Harrington, Delaware area prices
were up 1.0% from a year ago

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