Overview
This role supports the development and maintenance of mortgage lending product guidelines and credit policy. You will manage lending criteria, evaluate and compare potential product offerings, and coordinate new product rollouts while ensuring alignment with investor/secondary market requirements.
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
- Serve as a bridge between sales, underwriting, compliance, and secondary markets to roll out program changes seamlessly
Requirements
- High School Diploma or GED required; Bachelor’s degree preferred
- 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
Preferred Qualifications
Compensation & Benefits
Location
Additional Information
- This position profile is not intended to be an all-inclusive list of job duties and responsibilities; additional related duties may be assigned to meet organizational needs.
- This is not a contract of employment.
- The employer is an Equal Opportunity Employer and prohibits discrimination and harassment based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic outlined by federal, state, and local laws.