Secondary Market Lock Desk Analyst
First Horizon Bank•Plano, TX
1d•Onsite
About The Position
Provide quality, accurate and timely service to mortgage staff and establish and maintain relationships with loan officers.
Requirements
- Bachelor (4-year college) degree and 0-2 years of experience or equivalent combination of education and experience
Responsibilities
- Rate Lock Management: Process new rate locks, extensions, re-locks, and changes for mortgage loans in the Loan Origination System (LOS).
- Pricing & Compliance: Ensure all loans are locked accurately based on current, approved pricing, investor guidelines, and company policy.
- Communication: Serve as the primary point of contact for loan officers regarding rate lock inquiries, scenarios, and exceptions.
- Market Monitoring: Analyze daily market trends and provide data to support decision-making and optimal loan pricing.
- Investor Support: Assist with the pipeline of loans, coordinating between operations and secondary market counterparts for delivery.
- Reporting: Distribute daily rate sheets and reports on lock volume and pipeline activity.
Benefits
- Medical with wellness incentives, dental, and vision
- HSA with company match
- Maternity and parental leave
- Tuition reimbursement
- Mentor program
- 401(k) with 6% match
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Number of Employees
1,001-5,000 employees
