Real Estate Secondary Market Coordinator
About The Position
Responsible for administering and optimizing real estate lending systems while coordinating secondary market and portfolio loan activities. This role manages rate setting aligned with budgetary guidance, executes loan sale strategies, and ensures accurate and timely delivery of mortgage loans to investors. Serves as a liaison between Production and Servicing, supporting the funding, booking, and post-closing review of mortgage and home equity loans. Monitors loan pipelines, delivery reports, and system data to ensure accuracy, compliance, and operational efficiency across the real estate lending process.
Requirements
- High school diploma or equivalent
- 3+ years of real estate or related experience or related field
Nice To Haves
- Experience working in a credit union, banking, financial services, or other highly regulated environment
Responsibilities
- Develop, maintain, and distribute daily real estate loan rate sheets; ensure accuracy across systems and alignment with lending strategy
- Manage rate locks, extensions, and re-locks; execute loan sale strategies based on market conditions and organizational guidance
- Monitor secondary market activity and maintain forward commitments, whole loan sales, and portfolio loan commitments
- Coordinate delivery and sale of mortgage loans to investors, ensuring compliance with investor guidelines and timelines
- Review and audit loan files, delivery data, and transmissions for accuracy and completeness; resolve discrepancies prior to investor submission
- Perform pre-funding and post-closing reviews to ensure compliance with internal policies and regulatory requirements
- Fund and book closed mortgage and home equity loans; ensure accurate data transfer between origination and servicing systems
- Monitor pipeline reports (e.g., Loans to be Funded, Loans Pending Sale) to ensure timely processing, funding, and delivery
- Maintain and administer real estate lending systems (e.g., product & pricing systems), ensuring data integrity, compliance, and optimal performance
- Partner with system vendors to troubleshoot issues, implement updates, and enhance system functionality
- Prepare and distribute operational, compliance, and performance reports; identify and escalate exceptions
- Support HMDA reporting, regulatory compliance, and internal/external audits
- Coordinate with internal teams, title companies, and external partners to ensure timely and accurate loan processing and documentation
- Assist with departmental projects, third-party reviews, and new product/service evaluations
- Manage denial and withdrawal processes, ensuring proper documentation and compliance
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
High school or GED
Number of Employees
101-250 employees
