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Renovation Lending Analyst

PREMIUM MORTGAGE CORPORATION
Rochester, NY Full Time
POSTED ON 6/4/2026
AVAILABLE BEFORE 8/4/2026

Renovation Lending Analyst Job Description

Full Time | Hybrid | 

Salary Range: $24.00/ hr - $27.50/ hr 

Pay Transparency: Compensation may vary outside of this range depending on a number of factors, including a candidate’s qualifications, skills, competencies and experience, and location. Base pay is one part of the total package that is provided to compensate and recognize employees for their work.


About Premium Mortgage

Since 1999, Premium Mortgage Corporation has been providing residential mortgages across New York State and beyond, offering competitive interest rates and a wide variety of loan programs to fit the needs of homebuyers. As a mortgage lender, our number one goal is for every customer to feel comfortable, informed, and well taken care of. 

After all, a mortgage isn’t just a transaction to us. It's a partnership for life.

We accomplish this level of customer satisfaction by employing top tier talent—all of whom take part in our employee engagement program called the Premium Experience. This program allows our team members to live out our core values, while supporting them with opportunities for professional and personal growth. With hundreds of team members living out the Premium Experience every day, they are the driving force in making Premium Mortgage Corporation a leading lender in the communities we serve.

All positions with Premium Mortgage operate on a Hybrid work schedule unless an exception has been granted by Upper Management.

Why us?

Benefits offered by Premium Mortgage:

  • Insurance: Medical, Dental, Vision, Company Paid Life Insurance
  • Time Off: Paid Time Off, Sick Time, Federal Holidays, Birthday PTO
  • Additional Perks: Employee Referral Fee, HSA Employer Contribution, Employee Mortgage Loans

 

Role & Responsibilities

The Renovation Lending Analyst supports the Renovation Lending Division by overseeing loan origination through clear to close, with cross-training to provide coverage for renovation escrow administration and draw processing when needed. This role ensures compliance with company and regulatory standards, and drives timely, high-quality customer outcomes. The position reports to the Head of Renovation Lending.

Loan Processing

  • Reviews all documentation necessary for loan approval for accuracy, completeness, and tracks all data in origination software 
  • Processes verifications for credit items including, but not limited to: employment, asset information, rental history, and credit reports.
  • Reviews conditions and ensures borrower(s) are providing the correct documentation needed to achieve a Clear to Close
  • Stays current on changing rules and regulations pertaining to Conventional, Government-insured mortgages, and all specialty products offered
  • Works closely with Underwriting and Closing departments to ensure timely processing and quality loan file flow
  • Responds quickly and efficiently to borrower inquiries throughout the mortgage process


Renovation 

  • Reviews Loan Estimates (LE) and Closing Disclosures (CD) to ensure proper accounting for all renovation-related fees and line items
  • Sets up loans in the Renovation Lending System (RLS) to enable pre-closing renovation collateral documentation and configure for post-closing draw administration
  • Assists in gathering and reviewing contractor documentation, including licenses, insurance, bids, and executed contracts
  • Cross-trains on post-closing draw administration processes, including draw request review, inspection coordination, and disbursement workflows
  • Maintains expertise in renovation guidelines and credit criteria for FHA (203k), Fannie Mae (HomeStyle), Freddie Mac (CHOICERenovation), VA renovation, and SONYMA RemodelNY
  • Provides training and support as needed within the renovation lending team

This job description reflects management’s assignment of essential functions; and nothing in this herein restricts management’s right to assign or reassign duties and responsibilities to this job at any time.

Qualifications for this position

Education

  • A college degree with two years related experience and/or training. A combination of equivalent education and experience is acceptable

Experience

  • Previous experience in the mortgage industry with understanding of loan processing
  • Familiarity with Encompass 

Transferable Skills

  • Customer service skills
  • Time management skills
  • Written communication skills
  • Verbal communication skills
  • Team player
  • Multi-tasking
  • Detail orientated
  • Organizational skills 
  • Problem solving skills
  • Independent Judgement 

 

Working Conditions

The Renovation Lending Analyst is primarily in an office setting and may be exposed to outdoor conditions.

The working conditions are classified as Sedentary work:

  • Sedentary work - Exerting up to 10 pounds of force occasionally, and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time. 


Salary : $24 - $28

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