Mortgage pricing specialist

2 - 6 years

0 Lacs

Posted:2 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Mortgage Deal Processor, your role involves reviewing and processing lock requests and change requests for mortgage deals while ensuring compliance with internal policies and investor guidelines. You will be responsible for comparing loan attributes, such as loan amount, rate, term, LTV, and property type, to determine pricing impact and validate compliance with lock terms. Your attention to detail will be crucial as you manually accept lock requests after a thorough review of loan details and supporting data. Additionally, you will utilize mortgage rate sheets to spot-check key data points, ensuring accuracy in pricing and lock terms. Collaboration with loan officers, underwriters, and pricing teams will be essential to resolve discrepancies and provide clarifications. Maintaining meticulous records of lock activity, changes, and approvals for audit and regulatory requirements will also be part of your responsibilities. Key Responsibilities: - Review and process lock requests and change requests for mortgage deals - Compare loan attributes to determine pricing impact and validate compliance with lock terms - Manually accept lock requests after thorough review of loan details - Utilize mortgage rate sheets to spot-check key data points - Collaborate with internal teams to resolve discrepancies and provide clarifications - Maintain detailed records of lock activity, changes, and approvals Qualifications Required: - Strong numerical and mathematical reasoning skills - Prior knowledge or exposure to mortgage lending, pricing, or lock desk operations preferred - Ability to interpret and apply mortgage rate sheets - High attention to detail and ability to identify discrepancies in loan data - Proficiency in Excel or similar tools for data analysis and validation - Excellent communication and problem-solving skills In case of any additional details about the company, they are not provided in the job description.,

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Information Technology and Services

Centennial

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