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)
Credit Analyst
Los Angeles, CA | On-site role
Job Description:
Responsible for all aspects of underwriting in the Originations unit to affect maximum possible profitability on a Westlake Direct deal. Focus on process and performance improvement and assume leadership responsibilities of the team as needed. Reports to the Director of Operations and Vice President.
All aspects of underwriting including credit report analysis, income calculation, book value calculation, scoring of the Buy Program, analyzing stips for validity (not fraudulent) and in general assuring that the deal “makes sense” for Westlake to put on the books.
Work Experience Requirements:
Knowledge, Skills, Licenses:
Education Requirements:
FULL TIME BENEFITS
ACKNOWLEDGMENTS
We will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.
We are an equal opportunity employer and do not unlawfully discriminate in employment. No question on this application is used for the purpose of limiting or excluding any applicant from consideration for employment on a basis prohibited by local, state, or federal law. Equal access to employment, services, and programs is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify a representative of the organization.
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