Policy Processing Clerk, Sr. jobs in Providence, RI

NOTE: If you are applying for this position without 2-years of residential mortgage loan processing experience, your application will be automatically rejected. This is a firm requirement.

**Overview:**

We are seeking a detail-oriented Mortgage Loan Processor to join our team. The ideal candidate will have a strong background in mortgage loan processing including Conventional, FHA, and VA loans. Experience with Non-QM or Commercial Loans a plus.

**Responsibilities:**

- Analyze credit reports and financial documentation to determine borrower's creditworthiness

- Calculate income, assets, and liabilities to ensure compliance with lending guidelines

- Communicate with borrowers, loan officers, underwriters, and other stakeholders to facilitate the loan process

- Ensure all loan files meet regulatory and compliance standards

- Assist in resolving any issues that may arise during the loan approval process

**Qualifications:**

- Knowledge of mortgage guidelines

- Familiarity with various mortgage products

- Strong attention to detail and organizational skills

- Ability to work efficiently in a fast-paced environment

- Excellent communication and interpersonal abilities

**Key Information:**

The information below is intended to offer additional information about the company and qualifications we are looking for:

- This position is a hybrid position and almost all time is remote.

- Our company is unique in that the Mortgage Loan Processors do not do the initial review of the loans, submit the loans to underwriting, or handle any of the closing process. They work on the loans from approval with conditions through clear-to-close and during that time period handle all communication, document gathering, document review, underwriting collaboration, and business partner communication so the loan officer does not have to be involved at all.

- Strong preference given to candidates with mortgage broker experience or a proven track record of quick pipeline movement. Our company's average CTC time is 12.4 days.

- Preference given to candidates where their response includes the top 5-6 investor portals they are comfortable working in and top mortgage products they have strong knowledge of.

Job Type: Full-time

Pay: $72,000.00 - $95,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off

Schedule:

• Monday to Friday

Experience:

• Loan processing: 2 years (Required)

Work Location: Hybrid remote in Warwick, RI