Builder Forward Specialist

Cornerstone Capital Bank•Houston, TX

About The Position

Cornerstone Home Lending, a division of Cornerstone Capital Bank, is a unique national home lender with a reputation for amazing service, customer satisfaction, employee retention, and happiness. We employ people who are passionately committed to Cornerstone’s Mission, Vision & Core Convictions. Our brand is known for on-time closings - a key core conviction of Cornerstone. We have successfully navigated our company through many industry cycles and changes in regulations. We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us. The Builder Forward Specialist is responsible for pricing, committing, tracking and billing builder forward commitments. This position also serves as point of contact for the branches and JV’s for all things related to builder forward commitments.

Requirements

2 years prior experience in Secondary Marketing or Mortgage Capital Markets.
Proficient with Microsoft products; Excel, Word, Outlook, PowerPoint, Teams
Organized with good problem-solving, analytical, and multi-tasking skills
High attention to detail

Nice To Haves

Prior experience with builder forwards preferred.

Responsibilities

Price and commit builder forward commitments.
Invoice and track payments for commitments.
Maintain forward commitment data in QRM for the hedge.
Provide reporting for Secondary, Capital Markets, and the branches/JVs.
Price, execute, and invoice for extensions on the commitment level.
Assist branches/JVs in maintaining their commitments through loan moves, extensions, and pair offs.
Track and bill commitment overages.
Engage with branches/JVs to provide support for builder relationships.
Improve efficiencies in the various processes associated with the position.