How much does a Mortgage Credit Analyst make in Texas? The average Mortgage Credit Analyst salary in Texas is $55,792 as of March 26, 2024, but the range typically falls between $48,633 and $69,798. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.

Mortgage Credit Analyst Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Mortgage Credit Analyst Salary $42,116 TX March 26, 2024
25th Percentile Mortgage Credit Analyst Salary $48,633 TX March 26, 2024
50th Percentile Mortgage Credit Analyst Salary $55,792 TX March 26, 2024
75th Percentile Mortgage Credit Analyst Salary $69,798 TX March 26, 2024
90th Percentile Mortgage Credit Analyst Salary $82,549 TX March 26, 2024
25% $48,633 10% $42,116 90% $82,549 75% $69,798 $55,792 50%(Median) Didn’t find job title? Click
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Mortgage Loan Officer

North Star Austin - Austin, TX

QUALITY CONTROL ANALYST

Golden Empire Mortgage Inc - Bakersfield, CA

Project Manager

Mortgage Solutions Financial - Colorado Springs, CO

Loan Officer Outside Sales

Primary Residential Mortgage - Fort Collins, CO

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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Job Openings for Mortgage Credit Analyst in Texas

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Location Avg. Salary Date Updated
Location Abbott, TX Avg. Salary $50,606 Date Updated March 26, 2024
Location Abernathy, TX Avg. Salary $50,663 Date Updated March 26, 2024
Location Abilene, TX Avg. Salary $50,948 Date Updated March 26, 2024
Location Ace, TX Avg. Salary $54,538 Date Updated March 26, 2024
Location Ackerly, TX Avg. Salary $50,435 Date Updated March 26, 2024
Location Addison, TX Avg. Salary $56,248 Date Updated March 26, 2024
Location Adkins, TX Avg. Salary $53,740 Date Updated March 26, 2024
Location Adrian, TX Avg. Salary $51,347 Date Updated March 26, 2024
Location Afton, TX Avg. Salary $50,435 Date Updated March 26, 2024
Location Agua Dulce, TX Avg. Salary $53,056 Date Updated March 26, 2024

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.

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Mortgage Credit Analyst Salary in Texas
Mortgage Credit Analyst Salary Graph, Regional Distribution and Summary