Secondary Market Coordinator

3 weeks ago


Sacramento, United States Summit Funding Full time

Job Description

Secondary Market Coordinator

Starting pay ranges $20-$23/hr DOE

This position reports out of the Sacramento corporate office with a hybrid remote schedule requiring 2 days in office per week. The hours are 8:30am-5pm PST.

The Secondary Coordinator will oversee all new locks, loans that are locked but are expiring on our hedge and non-hedge pipeline, and cancel any lock not closing. The Secondary Coordinator works collaboratively with their team and provides support to Summit's nationwide branches.

What you would be doing:

  • Update daily Generic Master rate sheet and upload to The Peak.
  • Assist in Locking all loans within our Pricing Engine Optimal Blue and LOS system Encompass.
  • Manage pipeline views for different job functions.
  • Extend all locks expiring 1 day prior to expiration date, thru Optimal Blue and update Encompass.
  • Cancel locked loans in Optimal Blue and Encompass when necessary.
  • Pull expiring lock report daily and email Loan officer teams for status on all locked loans expiring within 3-5 business days.
  • Know how to run reports in Encompass
  • Adding Pricing Exceptions/Concessions on competitive and Lock extensions to locked loans in Optimal Blue and approving them in LOS system.

Qualifications:
Qualifications

  • 0-2 Years related experience or equivalent.
  • Must be proficient in Microsoft Office software. (Excel/Word)
  • Must be able to work a 40 hour work week based out of the Sacramento office.

Additional Information

All your information will be kept confidential according to EEO guidelines.



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