Note: The job is a remote job and is open to candidates in USA. Mission Loans, LLC is a customer-centric company dedicated to transforming the home lending experience. They are seeking a Lending Product and Credit Policy Analyst to manage and develop product lending guidelines, research potential offerings, and ensure compliance with investor guidelines while delivering exceptional customer service.
Responsibilities
- Manage and develop product lending guidelines and matrices by designing, testing, and updating lending criteria (e.g. LTV, credit score thresholds, and DTI limits)
- Organize launch of new lending products while maintaining investor or secondary market guidelines
- Provide product assessments and comparisons
- Coordinate and manage new product rollout
- Maintain investor guidelines and coordinate announcements of changes to the floor
- Poll investors for guideline clarification
- Review “Ask the UW” questions for first level response
- Review exception queue for first level response
- Acting as the bridge between sales, underwriting, compliance, and secondary markets to roll out program changes seamlessly
Skills
- High School Diploma or GED required; Bachelor's degree preferred
- This is a remote position; you MUST reside in the United States
- 2-3 years' experience in mortgage lending product development, credit risk, policy analysis or secondary marketing
- Underwriting experience a plus
- Must have deep understanding of the mortgage industry, including market trends and regulatory requirements
- Thorough understanding of agency & investor underwriting guidelines, policies and procedures
- Proven ability to manage project timelines
- Experience working with cross-functional teams
- Basic math skills: ability to add, subtract, multiply, and divide in all units of measure
- Strong proficiency in Microsoft Excel (data modeling/exception tracking)
- Familiarity with Loan Origination Systems (LOS) and policy management platforms
Company Overview
Whether you’ve been dreaming of buying your first home with your young family or of diversifying your investment portfolio with real estate, you’re in the right place. It was founded in undefined, and is headquartered in Irvine, California, USA, with a workforce of 51-200 employees. Its website is https://missionloans.com.