Demonstrated ability to communicate, both verbally and in writing, to fellow
employees, customers, and external vendors in a professional, articulate, and respectful manner until the loan proceeds to Underwriting
Proven experience meeting deadlines, while producing error-free work
A passion and desire to continuously improve their style and work productivity
Strong technical skills and ability to work in a paperless environment
Bachelorxe2x80x99s degree in finance, accounting or related field is preferred
Job Role Responsible for locking loans via phone or Email lock request and tracking all lock expiration dates for retail, correspondent, wholesale, and delegated channels.
Verify lock price, Investor, and loan level price adjustment (LLPA) on all lock requests
Provide appropriate pricing to loan officers or correspondents based on different
scenarios
Re-price locked loans based on applicable changes through the loan process
Follow-up on expiring loan locks and extend or cancel as needed
Stay informed of investor requirement changes and ensure adherence to all
applicable requirements
Confirm data integrity of loans in Loan Origination System
Identify process errors throughout the mortgage process that hinder or prevent the
timely delivery and purchase of loans by investors
Confirm accuracy of documents required for investor delivery, including the note,
allonge, and assignment
Confirm locks are completed in an accurate and efficient manner
Stay up to date with all agency and investor guidelines, including Fannie Mae,
Freddie Mac, HUD, Federal Home Loan Bank, and Private Investors
Communicate with the Mortgage Loan Originators to determine loan and lock status