Mortgage Loan Processor - Non-QM

Job Title: Part Time Loan Processor – DSCR & Foreign National Loans:

Rateplicity Mortgage Corp.

https://www.rateplicity.com/

• Review DSCR and foreign national loan applications to ensure all required documents are complete, accurate, and compliant with state and federal regulations.
• Analyze rental income, property cash flow, and financial documents to determine DSCR loan eligibility.
• Evaluate and verify borrower information, including international identification and income documentation for foreign nationals.
• Collaborate with borrowers, real estate agents, and brokers to collect necessary information, ensuring compliance with relevant laws and lending guidelines.
• Calculate DSCR ratios and assess borrower creditworthiness based on non-traditional financial metrics.
• Ensure compliance with Fair Housing regulations, anti-money laundering laws, and other applicable policies.
• Prepare and organize complete loan packages for submission to underwriting.
• Communicate effectively with borrowers, lenders, and third-party service providers to address inquiries, collect missing documents, and provide updates on loan progress.
• Maintain organized records while managing multiple DSCR and foreign national loan files simultaneously.

Skills & Qualifications:

• Minimum of 3 years’ experience in administering and/or processing DSCR and foreign national loans (no exceptions).
• 3 years of experience using Arive required.
• Strong understanding of DSCR calculations, rental income analysis, and cash flow assessment for investment properties.
• Experience working with international clients and processing non-U.S. financial documentation.
• Knowledge of relevant regulations, including Fair Housing laws and anti-money laundering compliance.
• Proficiency in math, financial calculations, and 10-key typing.
• Familiarity with loan origination systems (LOS) and financial services workflows.
• Exceptional attention to detail and accuracy in data entry, documentation, and compliance review.
• Strong organizational and time-management skills to handle multiple loan applications efficiently.

Work Conditions:

• Annual salary is based on base hourly pay of $20/hours plus commission of $300 per completed file.
• This position may require a background check, employment verification, and/or reference checks prior to hire.
• This position allows for remote work.
• Flexible hours are available, but all client correspondence must occur during standard business hours

Job Type: Part-time

Pay: $24,400.00 - $31,600.00 per year

Benefits:

• Flexible schedule

Experience:

• Non-QM loans: 3 years (Required)
• ARIVE: Loan Origination Platform: 3 years (Preferred)

Work Location: Remote