GENERAL FUNCTIONS:

The position is responsible for ensuring accurate pricing on all mortgage loans.

PRINCIPAL ACCOUNTABILITIES:

1. Process lock requests from loan officers and ensure accurate pricing before granting the request.
2. Review all investor’s guideline updates and disseminate information to appropriate management, staff and LO’s.
3. Daily analysis of all investor rates upon morning releases and any updates throughout the day.
4. Daily update & production of rate sheets to all staff and LO’s within guidelines and margins as set by management.
5. Work with LO’s in determining pricing scenarios and negotiating price adjustments as necessary within the parameters as set by management.
6. Maximize gross margin to TruHome Solutions, and the clients of TruHome Solutions on all investor sales by identifying best price offered from multiple investors and locking in the price at the appropriate time.
7. Managing investor lock pipelines and monitor loan movement & closings/lock expiration to maximize profit.
8. Place single loan best-efforts commitments with investors to hedge interest-rate risk.
9. Contact and facilitate error resolution with investors as needed. Other duties as assigned

KNOWLEDGE, SKILLS AND ABILITIES:

1. Ability to communicate effectively in writing and orally.
2. Ability to resolve interpersonal conflict and miscommunications.
3. Keenly aware of timing to fulfill required deadlines
4. Knowledge of spreadsheet software and ability to use word processing software.
5. Must be able to be bonded.

PHYSICAL ACTIVITIES:

In this position, individual will be expected to lift up to 20 pounds from time to time.  Also, must be able to stoop, bend, reach or stand for extended periods of time.  Must be able to sit and use a computer for extended periods of time.

WORKING CONDITIONS:

This position is expected to work in general office environment and may have to travel for visits to other credit union facilities or travel for training purposes.

EXPERIENCE/EDUCATIONAL REQUIREMENTS:

Mortgage lending experience is required.  Must be self-motivating and task oriented.  

EOE