How much does a Mortgage Credit Analyst make in Alamogordo, NM? The average Mortgage Credit Analyst salary in Alamogordo, NM is $50,966 as of April 24, 2024, but the range typically falls between $44,429 and $63,764. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Mortgage Credit Analyst Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Credit Analyst Salary $38,477 Alamogordo,NM April 24, 2024
25th Percentile Mortgage Credit Analyst Salary $44,429 Alamogordo,NM April 24, 2024
50th Percentile Mortgage Credit Analyst Salary $50,966 Alamogordo,NM April 24, 2024
75th Percentile Mortgage Credit Analyst Salary $63,764 Alamogordo,NM April 24, 2024
90th Percentile Mortgage Credit Analyst Salary $75,416 Alamogordo,NM April 24, 2024
25% $44,429 10% $38,477 90% $75,416 75% $63,764 $50,966 50%(Median) Didn’t find job title? Click
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What skills does a Mortgage Credit Analyst need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Analysis: Analysis is the process of considering something carefully or using statistical methods in order to understand it or explain it.

2.

Microsoft Office: Microsoft Office is a suite of desktop productivity applications that is designed by Microsoft for business use. You can create documents containing text and images, work with data in spreadsheets and databases, create presentations and posters.

3.

Loan Review: Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a technique to translate loan review results into the balance sheet.

Analysis 17.72%
Microsoft Office 2.1%
Loan Review 1.13%
Others 79.05%

Job Description for Mortgage Credit Analyst

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)... View full job description

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Salary.com job board provides millions of Mortgage Credit Analyst information for you to search for. Click on search button below to see Mortgage Credit Analyst job openings or enter a new job title here.

Job Openings for Mortgage Credit Analyst in Alamogordo, NM
  • US LBM is one of the leading and fastest growing distributors of specialty building materials in the United States, with a team of over 15,000 employees lo...
    - 4 Days Ago
  • Are you tired of crunching numbers in a boring office all day. Do you have a knack for analyzing credit risk and want to put your skills to the test in a d...
    - 1 Day Ago
  • Obtain and analyze financial information on current and potential customers across all Medline core business units. Determine the degree of risk involved f...
    - 4 Days Ago
  • The position supports the VP of Finance in partnering with various corporate and support functions across the company. This role will provide financial and...
    - 2 Months Ago
  • Benefits Overview. A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. When you ...
    - 2 Months Ago

Career Path for Mortgage Credit Analyst

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Mortgage Credit Analyst, the upper level is Mortgage Underwriter II and then progresses to Mortgage Underwriter IV.

Those that have already made the climb...
Pamela J. Shelley-Kessler, Co-President, Chief Financial Officer and Corporate Secretary
LTC is a real estate investment trust (REIT) investing in seniors housing and health care properties primarily through sale-leasebacks, mortgage financing, joint-ventures and structured finance solutions including preferred equity and mezzanine lending. LTC's investment portfolio includes 208 properties in 27 states wi... More
Fiscal Year Ended in 2022
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Mortgage Credit Analyst salary varies from city to city. Compared with national average salary of Mortgage Credit Analyst, the highest Mortgage Credit Analyst salary is in San Francisco, CA, where the Mortgage Credit Analyst salary is 25.0% above. The lowest Mortgage Credit Analyst salary is in Miami, FL, where the Mortgage Credit Analyst salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

Step 1 of 3

Understand the total compensation opportunity for a Mortgage Credit Analyst, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
44429
63764
50966

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
46769
66801
53043
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Mortgage Credit Analyst in Alamogordo, NM. The base salary for Mortgage Credit Analyst ranges from $44,429 to $63,764 with the average base salary of $50,966. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $46,769 to $66,801 with the average total cash compensation of $53,043.
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Discover how your pay is adjusted for skills, experience, and other factors

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For a real-time salary target, tell us more about your role in the four categories below.

44429
63764

 

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About Alamogordo, New Mexico    As of 2010, Alamogordo had a total area of 19.3 square miles (50.0 km2), all of it land. The city is located at an elevation of 4,336 feet (1,322 m) o....More

Alamogordo, New Mexico  area prices were up 2.5% from a year ago    View the Cost of Living in Alamogordo, New Mexico

Mortgage Credit Analyst Salary in popular cities: AlbuquerqueLas CrucesRio Rancho

Skills associated with Mortgage Credit Analyst: Regulatory Compliance, Banking Software, Loan Underwriting, Credit Analysis ...More

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