Mortgage Credit Analyst jobs in Paramus, NJ

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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Mortgage Loan Processor
  • Ark Mortgage Inc
  • Montebello, NY FULL_TIME
  • Summary:

    Loan processors will provide support to one or more Mortgage Advisors (MA) to facilitate the timely review and submission of completed mortgage application packages, including the supporting documentation required to process the loan. Processors will track & update the MA on loan and pipeline status.

    Responsibilities:
    • Assist MA with new loan applications by entering information into the loan operating system (LOS).
    • Assist MA with prequalification documentation & submit loan requesting a certified pre-approval to underwriting.
    • Assist the Mortgage Advisors in structuring loans & requesting initial disclosures.
    • Follow up with the borrower for the signed disclosures and all outstanding documents necessary for submission to processing & underwriting approval.
    • Collect all supporting documentation from borrower in accordance with submission checklist & AUS Findings.
    • Order verifications from various third parties including but not limited to appraisal, title, homeowners’ insurance, flood certificates, social security verification and any written verifications of employment.
    • Review the application for accuracy and completeness prior to submitting the file to processing.
    • Ensure that approval falls within the established lending guidelines
    • Upon underwriting approval, review outstanding conditions with assigned processor & obtain same from borrower and/or any relevant third parties.
    • Upon receipt of all underwriting conditions, notify the assigned processor so that they can review & resubmit the file into underwriting.
    • Communicate to the processor regarding expected closing dates or the issuance of “Time of the Essence” (TOE) on purchase loans.
    • Answer calls from borrowers, title, or any agents regarding status & general questions throughout the loan process
    • Monitor the MA’s pipeline to ensure loans are moving through the various milestones & provide updates to the MA.
    • Additional duties as assigned, customized to the individual MA’s needs, enabling them to focus on sales.
    • Communicate with other professionals, including attorneys, county clerks and title companies
    Qualifications:
    • At least 1-2 years of experience in Residential Loan Processing
    • Excellent communication skills
    • Strong analytical skills
    • Must be good at multi-tasking and time management
    • Strong organizational skills to make sure that mortgage documents are filed with correct parties
    • Great proofreading skills and ability to quickly spot errors, typos, and miscalculations
    • Excellent customer service skills and desire to help people

    Benefits

    • Medical, Dental and Vision Plan
    • Flexible Paid Time Off
    • 401(k) Plan
    • Profit Sharing Plan
    • Employee Discount Program
    • Career Growth and Development

    Company Information

    Ark Mortgage is an independent, innovative full-service mortgage lender with expertise in every area of residential purchase and refinance mortgage lending. We have built a reputation as an outstanding mortgage banking firm, serving the lending needs of homebuyers, homeowners and real-estate investors throughout NY, NJ, FL, AZ, PA, and CT. Ark Mortgage, Inc. is a highly motivating employer that develops its employees to become long-term members of its team.

    _____________________________________________________________________

    Ark Mortgage Inc. supports and is committed to equal employment opportunity for all personnel. Ark Mortgage Inc. does not discriminate against applicants or employees because of actual or perceived race, color, religion, creed, national origin, ancestry, citizenship status, alienage, sex/gender, pregnancy, childbirth or related medical condition, sexual orientation, marital status, partnership status, predisposing genetic characteristics, genetic information, protected activity (i.e., opposition to prohibited discrimination or harassment, and participation in proceedings covered by the anti-discrimination statutes), age, uniformed service, veterans status, unemployment status, domestic violence victim status, disability or any other category protected by applicable law.

    All employment decisions are made on a non-discriminatory basis and in compliance with applicable federal, state and local laws prohibiting discrimination in employment. Ark Mortgage Inc. also provides reasonable accommodations, including to qualified individuals with known disabilities, who are pregnant or who suffer from a medical condition due to pregnancy or childbirth, upon request or when made aware of such a need, subject to applicable law.

  • 1 Month Ago

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Afternoon Behavior Technician: early childhood 3:30-6:30 PM: Starting May
  • Ascend Licensed Behavior Analyst PLLC
  • New, NY PART_TIME
  • GENERAL JOB DESCRIPTION: The Behavior Technician implements skills acquisition and behavior reduction protocols utilizing the principles of Applied Behavior Analysis (ABA) with children with autism an...
  • Just Posted

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(In-House ) Mortgage Loan Originator (Salary + Commission)
  • Xcellence Mortgage, Inc
  • Florida, NY FULL_TIME
  • Company: Xcellence MortgageLocation: Remote in FloridaAbout Us:Xcellence Mortgage, founded in 2017 and based in Miami, Florida, is at the forefront of revolutionizing the real estate industry. We are ...
  • Just Posted

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Talent Acquisition Specialist
  • Licensed behavior analyst professional Services PLLC
  • Airmont, NY CONTRACTOR
  • The Talent Acquisition Specialist will be responsible for identifying and attracting top talent for the organization. This individual will conduct virtual interviews, assess resumes, and determine sel...
  • 5 Days Ago

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Credit Manager
  • Clark Davis Associates
  • Saddle River, NJ FULL_TIME
  • Company DescriptionFortune 500 Manufacturing CompanyJob DescriptionPosition Summary: The Credit Manager sets and maintains credit limits on all companies that business is done with ,update and maintai...
  • 1 Month Ago

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On-site Bilingual (Spanish) Loan Officer Assistant- Licensed
  • National Mortgage Staffing
  • Mahwah, NJ FULL_TIME
  • Job Title: Bilingual (Spanish) Loan Officer Assistant Overview: We are currently seeking a highly motivated and bilingual (Spanish) Loan Officer Assistant to join our dynamic team. The ideal candidate...
  • 20 Days Ago

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0 Mortgage Credit Analyst jobs found in Paramus, NJ area

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Quantitative Analyst-FSRM-QAS-Banking Book-FSO-Mgr-Multiple Positions-1493482
  • EY
  • New York, NY
  • EY focuses on high-ethical standards and integrity among its employees and expects all candidates to demonstrate these q...
  • 4/24/2024 12:00:00 AM

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Finance Leaders Program Analyst - U.S. Based Remote
  • Realogy
  • Madison, NJ
  • Anywhere's Finance Emerging Leaders Program offers a powerful and unique experience for top undergraduates interested in...
  • 4/24/2024 12:00:00 AM

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Markets - Quantitative Analysis, Summer Analyst - New York City - US, 2025
  • Citigroup
  • New York, NY
  • **NAM Quantitative Analysis, Summer Analyst** **Program New York** **(North America - 202** **5** **)** **You're** **the...
  • 4/23/2024 12:00:00 AM

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Hedge Funds Credit Risk Analyst, Vice President
  • Taurus Search
  • New York, NY
  • My client is an international financial services company seeking a Hedge Funds Credit Risk Analyst at the VP-level. This...
  • 4/23/2024 12:00:00 AM

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Financial Analyst
  • Prophet Companies
  • West Caldwell, NJ
  • Job Description Job Description Job Overview Prophet Companies is an asset management firm located in West Caldwell, NJ....
  • 4/22/2024 12:00:00 AM

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Assistant Vice President, Quantitative Analyst
  • Morningstar, Inc.
  • New York, NY
  • Assistant Vice President, Quantitative Analyst The Organization: Morningstar DBRS is a global credit ratings business, c...
  • 4/22/2024 12:00:00 AM

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Finance Leaders Program Analyst - U.S. Based Remote
  • Anywhere Real Estate
  • Madison, NJ
  • 16307BR**Finance Leaders Program Analyst - U.S. Based Remote**MadisonNew Jersey**Job Description**Anywhere's Finance Eme...
  • 4/22/2024 12:00:00 AM

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Wealth Relationship Advisor SAFE Act - Bronxville
  • Citigroup, Inc.
  • Bronxville, NY
  • Citi Global Wealth brings together the full power of Citi to serve the entire continuum of wealth clients. The unified b...
  • 4/21/2024 12:00:00 AM

Paramus (/pəˈræməs/ pə-RAM-əs) is a borough in Bergen County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 26,342.. A suburb of New York City, Paramus is located 15 to 20 miles (24 to 32 km) northwest of Midtown Manhattan and approximately 8 miles (13 km) west of Upper Manhattan. The Wall Street Journal characterized Paramus as "quintessentially suburban".[21] Paramus was incorporated as a borough by an act of the New Jersey Legislature on March 2, 1922, and ratified by a referendum held on April 4, 1922, that passed by a vote of 238 to 10.[22][2...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Mortgage Credit Analyst jobs
$60,238 to $86,049
Paramus, New Jersey area prices
were up 1.5% from a year ago

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Analysts benefit from on-the-job training, online development tools and a culture that encourages continuing education.
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Become an expert on our internal credit and cash flow models.
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