Lending Product & Credit Policy Analyst

Mission Loans • Irvine, CA

18d • $31 - $34 • Remote

About The Position

Our customer-centric team is changing the home lending game with fierce loyalty and a dedication to delivering an extraordinary home loan experience. We empower our team members by engaging and immersing them in a fun, positive, and energetic atmosphere that places emphasis on the customer experience above all else. If you love coming to work every day and winning, hold yourself to high goals and standards, subscribe to a no drama workplace and live to serve your customers as much as each other…we want you on our team. Mission Loans is seeking experienced mortgage professionals who thrive in a fast-paced environment without losing focus on quality of work and delivering an exceptional customer experience. As the Lending Product & Credit Policy Analyst, your primary mission is to manage and develop product lending guidelines and research potential product offerings that meet the needs of both the company and its customers.

Requirements

• High School Diploma or GED required
• 2-3 years’ experience in mortgage lending product development, credit risk, policy analysis or secondary marketing
• 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.

Nice To Haves

• Bachelor’s degree preferred
• Underwriting experience a plus

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED