Key Responsibilities:
- Review loan file data and documents in accordance with investor and lender guidelines.
- Analyze credit documents, including, but not limited to, mortgage applications, property appraisals, credit history, income documentation, title documents and all other applicable compliance documents to ensure borrower met qualification guidelines.
- Knowledge of TIL, HUD, CD/LE and other legal disclosure documents.
- Maintain confidentiality and security of applicant/borrower information and data at all times.
- Verify data and report findings in our proprietary diligence systems.
Attributes/Experience:
- 2+ years of relevant experience in the mortgage industry, familiarity with best practices for post-close underwriting compliance and quality control on newly originated mortgages required.
- Understanding of residential mortgage FNMA/FHLMC, VA FHA and USDA guidelines, QM/ATR.
- Knowledge of NQM, non-agency and investor specific programs and guideline overlays.
- Proficiency with a variety of computer software applications, including Microsoft Office Suite, particularly Excel.
- High attention to detail in analytical assessments and valuations.
- Ability to handle multiple tasks accurately and productively during time sensitive situations.
- Strong verbal and written communication skills.
- Independent worker with a team player attitude.
- Flexible attitude with the ability to handle change effectively.
- Ability to work well and manage time remotely and to create a self-motivating work environment.
Mission Capital is a leading national loan sale advisory, due diligence and capital markets firm providing an integrated platform of secondary market loan portfolio brokerage, valuation, transaction management and data/document curative services for the commercial and residential loan markets. Mission Capital was acquired in 2020 by Marcus & Millichap (NYSE:MMI), a real estate and finance services firm with ~2,000 investment sales and capital markets professionals located in more than 80 offices across the U.S. and Canada. With a market cap of nearly $1.8B and $40B to $50B of closed transactions annually, Marcus & Millichap adds deep capital markets expertise, investment sales, market intelligence, and extensive research to Mission Capital's resources.
Mission Capital Advisors, LLC is an equal opportunity employer and values diversity. All employment is decided on the basis of qualifications, merit, and business need.