Paramount Residential Mortgage Group
Secondary Marketing Associate
Paramount Residential Mortgage Group, Corona, California, us, 92878
OverviewThis individual will have a fundamental understanding of secondary market operations and loan documentation criteria and good analytical, management and interpersonal skills.
The duties for Secondary Marketing Associate include, but are not limited to, those described below.
Responsibilities
Processing of all lock related inquiries.
Such as, new lock requests, lock extension requests, relock requests, recommitment requests, price quotes, etc…
Determines company’s best-execution utilizing a pricing model in doing so, prior to committing loans for sale into secondary market.
Committing loans for sale into secondary market. Ensuring accurate and prompt data entry into investor’s website to produce accurate gain-on-sale figures and secure set profit spreads. Transferring all commitment data into FastTrac for proper record keeping.
Responsible for identifying investor rate sheet changes and notifying Secondary, Automation, Operational, and Sales Management personnel of upcoming rate sheet changes and/or guideline changes.
Responsible for reviewing and ensuring proper loan/lock/sale placement and pricing of loan scenarios. Including, but not limited to Non-PRMG products.
Assist clients in review, credit grading, pricing and structuring of loan submissions, ensuring compliance with underwriting standards.
Establish and maintain customer service goals and standards with internal staff and external customers, including investor relationships.
Follow any other job-related instructions and perform any other job-related duties.
Qualifications
One year minimum mortgage and/or secondary marketing experience.
Experience working in a fast-paced team environment.
Strong interpersonal-communication and business-relationship skills.
Detail oriented with strong organizational and follow-through skills.
Technologically proficient in MS Excel software.
Min
USD $24.00/Hr.Max
USD $26.00/Hr.
The duties for Secondary Marketing Associate include, but are not limited to, those described below.
Responsibilities
Processing of all lock related inquiries.
Such as, new lock requests, lock extension requests, relock requests, recommitment requests, price quotes, etc…
Determines company’s best-execution utilizing a pricing model in doing so, prior to committing loans for sale into secondary market.
Committing loans for sale into secondary market. Ensuring accurate and prompt data entry into investor’s website to produce accurate gain-on-sale figures and secure set profit spreads. Transferring all commitment data into FastTrac for proper record keeping.
Responsible for identifying investor rate sheet changes and notifying Secondary, Automation, Operational, and Sales Management personnel of upcoming rate sheet changes and/or guideline changes.
Responsible for reviewing and ensuring proper loan/lock/sale placement and pricing of loan scenarios. Including, but not limited to Non-PRMG products.
Assist clients in review, credit grading, pricing and structuring of loan submissions, ensuring compliance with underwriting standards.
Establish and maintain customer service goals and standards with internal staff and external customers, including investor relationships.
Follow any other job-related instructions and perform any other job-related duties.
Qualifications
One year minimum mortgage and/or secondary marketing experience.
Experience working in a fast-paced team environment.
Strong interpersonal-communication and business-relationship skills.
Detail oriented with strong organizational and follow-through skills.
Technologically proficient in MS Excel software.
Min
USD $24.00/Hr.Max
USD $26.00/Hr.