Escrow PMI Specialist I

LoanCare; Oregon; Hybrid; USD 23,000 - 34,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401(k) match

Stock purchase plan

Mental health resources

Job summary

LoanCare is seeking an Escrow PMI Specialist I to support homeowners by ensuring PMI premiums are paid accurately in our mortgage servicing portfolio, coordinating with clients and internal teams. The role handles monthly MI payments, reviews termination reports, processes borrower requests, performs loan-level MI tasks, and maintains PMI documentation; remote-friendly with equipment provided.

Preferred candidates have a high school diploma and 1+ year of mortgage loan servicing experience, plus

Qualifications

• High School Diploma or equivalent.
• 1+ years of mortgage loan servicing or related role.
• Knowledge of tax due dates and delinquent dates.
• Ability to manage time and priorities.
• Strong written and verbal communication.
• Proficiency with Microsoft Office products.

Responsibilities

• Ensure MI premiums for conventional loans are paid promptly and correctly.
• Review monthly MI termination reports.
• Process borrower requests to terminate MI.
• Complete loan-level MI review tasks.
• Determine premature MI removals and take corrective steps.
• Update PMI cancellation documents with clients.
• Validate MI data during servicing transfers.
• Process MI mail and weekly validation reports.
• Perform other duties as assigned.

Skills

Mortgage loan servicing experience

Time management

Written and verbal communication

Confidentiality

Independent work

Team collaboration

Education

High School Diploma or equivalent

Tools

Microsoft Office

Job description

Overview

We are seeking to fill the role of Escrow PMI Specialist I. The ideal candidate enjoys collaborating with clients, industry partners and internal teams to maximize outcomes for homeowners.

Responsibilities

Ensure premiums for conventional loans with PMI in the mortgage servicing portfolio are paid promptly and correctly; ensure proper documentation within the servicing systemMonthly payment and disbursement of mortgage insurance (“MI”) premiums dueReview monthly mortgage insurance Termination Reports to ensure that mortgage insurance is removed on all qualifying loans in accordance with established guidelinesProcess requests from borrowers to have mortgage insurance terminated in accordance with established guidelinesLoan level review and completion of mortgage insurance open tasksDetermine if mortgage insurance has been removed prematurely and take the necessary corrective stepsUpdate and maintain PMI rescission/cancellation documents and work with internal/external clients to mitigate risk involvedValidate mortgage insurance data in the system of record on incoming and outgoing servicing transfersProcess all incoming mortgage insurance mailWeekly processing of validation reports to ensure that all MI lines are set up correctly in the system of record, including closing document reviewAll other duties as assigned.

Qualifications

High School Diploma or equivalent required.1+ years of experience in mortgage loan servicing/lending (insurance company, escrow department, accounts payable, accounting clerk, or similar role may be acceptable)Knowledge of taxing authority due dates, including delinquent and loss/reduction of discount datesAbility to manage time and priorities wiselyAbility to grasp concepts quickly, make sound decisions, and resolve issuesAbility to work in a high-volume and time-sensitive environmentAbility to work independently with minimal direction and effectively meet deadlinesAbility to collaborate with peers in a team environment to attain common goalsAbility to communicate effectively in writing, in person, and by telephoneAbility to use Microsoft Office products (Excel, Word, PowerPoint, etc.)Ability to maintain strict confidentiality

Desired Skills and Qualifications

• Knowledge of investor guidelines and processing systems preferred

Total RewardsLoanCare’s Total Rewards Package offers a comprehensive blend of health and welfare, financial, lifestyle and learning benefits to support employee well-being and engagement. Highlights include:

Health & Welfare Coverage:

• Optional medical, dental, vision, life, and disability insurance

Time Off:

• Paid holidays, vacation, and sick leave

Retirement & Investment:

• Fidelity National Financial matching 401(k) and employee stock purchase plans

Wellness Programs:

• Access to mental health resources, including free Calm memberships, and initiatives that promote physical and emotional well-being

Employee Recognition:

• Programs that celebrate achievements and milestones

Lifestyle & Learning Perks:

• Enjoy discounts on gym memberships, pet insurance, and employee purchasing programs, plus access to a tuition reimbursement program that supports your continued education and professional growth

Compensation Range:

• $16.54 - $24.71 per hour. Actual compensation may vary within the range provided, depending on a number of factors, including qualifications, skills and experience.

Build Your Future with LoanCare

At LoanCare, we don’t just service mortgage loans—we serve people. As a leading full-service mortgage loan subservicer, we deliver excellence to banks, credit unions, independent mortgage companies, investors, and the homeowners they support. Backed by the strength and stability of Fidelity National Financial (NYSE: FNF), a Fortune 500 company, we offer a career foundation built on integrity, innovation, and collaboration.

Here, you’ll find:

• A culture that helps you thrive, with resources and support to fuel your growth
• Flexibility to work remotely, while staying connected through virtual engagement
• Opportunities to make a real impact in an industry that touches millions of lives

About Remote Employment

We provide the necessary equipment; all you need is a quiet, private place in your home and a high-speed internet connection with a minimum network download speed of 25 megabits per second (MBPS) and a minimum network upload speed of 10 MBPS

WHO WE ARE

About us …LoanCare is a leading national provider of full service subservicing and interim subservicing to the mortgage industry and has offered its expertise and best practices in providing servicing solutions for others since 1991. At the present time, LoanCare subservices over 1.8 million loans in 50 states. LoanCare has a seasoned loan servicing team with senior managers averaging nearly 30 years of experience in the mortgage and financial services industry.LoanCare, its affiliates and subsidiaries, is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, protected veteran status, national origin, sexual orientation, gender identity or expression (including transgender status), genetic information or any other characteristic protected by applicable law.

WORK CONDITIONS

Working conditions are normal for an office environment. Ability to attend work and be productive during normal business hours and to work early, late or weekend hours as needed for successful job performance. Over time required as necessary.Essential functions are the basic job duties that an employee must be able to perform, with or without reasonable accommodation.

EQUAL EMPLOYMENT OPPORTUNITY

LoanCare, its affiliates and subsidiaries, is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, protected veteran status, national origin, sexual orientation, gender identity or expression (including transgender status), genetic information or any other characteristic protected by applicable law.