What are the responsibilities and job description for the Product and Pricing Specialist position at Cornerstone Capital Bank?
***No agencies or 3rd party Recruiters please. Thank you! ***
Who we are:
Cornerstone Home Lending, a division of Cornerstone Capital Bank, is a unique national home lender with a reputation of 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.
Who we are looking for:
Cornerstone Home Lending is seeking an experienced Product and Pricing Specialist to support our teams nationally. The Product and Pricing Specialist will assist Loan Officers and Teams with Pricing scenarios. Success in this job relies on your time management skills, industry knowledge, organization, and positive attitude.
Key Responsibilities:
- Assist Loan Officers & Teams with Pricing, Relocks, Renegotiations, and Lock Extensions
- Assist Loan Officers with finding the right product for a borrower’s scenario
- Work with all departments throughout the Company
- Facilitate lock cancellations, as well as program and term changes as directed, in accordance with pricing policies.
- Review loan programs, branch margins, and pricing adjustments for accuracy and confirm locks for the production staff
- Assist with renegotiating pricing and terms on individual loans as requested by Production under the guidance of department management.
- Ability to navigate investor websites, and read and understand product guidelines
- Produce internal reports to assist management in pricing loans and managing loans in the pipeline from within company BI systems.
- Stay up‑to‑date on pricing reports, program changes, and internal policies.
- Work efficiently with heavy phone and email volume on a help desk
- Constantly operate a computer and other office productivity machinery as needed, such as a calculator, copy machine, and computer printer
- Frequently communicate with internal customers to exchange accurate information via telephone and through written communication
What you’ll need to be successful:
- Minimum of 2 years’ experience working in similar position w/ the Mortgage industry
- Experience with loan products and pricing is required
- Up to date on current mortgage products including FHA, VA, CONV, and USDA
- Knowledge of non-QM products is a positive factor
- Experience with Empower LOS is a positive factor
- Must be able to display and consistently provide strong Customer Service to clients and team members
What we offer:
Because we recognize and reward hard work, we offer a competitive salary, a full benefits package, and the potential for a performance-based bonus.
What to do next:
If Cornerstone sounds like the place for you (and if you have the qualifications, drive, and passion to match), we invite you to become a member of our winning team! And remember, once you're a part of our Cornerstone team, we'll continue to invest in you as a valuable asset to our company. As many of our team members can tell you, there's something special about working at Cornerstone.