Pricing Specialist
CrossCountry Mortgage, LLC
full-time
Posted on:
Location Type: Remote
Location: Ohio • United States
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Salary
💰 $65,000 - $70,000 per year
About the role
- Manage pricing and rate-lock process for Non-QM mortgage loans
- Issue lock confirmations, track lock expirations, and maintain compliance with lock policies
- Assess and price exception scenarios that fall outside standard rate sheets
- Work closely with Credit and Underwriting teams to evaluate factors and layered risk
- Issue accurate and timely pricing quotes for Non-QM products
- Analyze loan-level risk characteristics and determine appropriate pricing overlays or exceptions
- Collaborate with Secondary Marketing and Capital Markets teams
- Monitor pipeline health and manage pricing exceptions throughout loan lifecycle
- Keep abreast of market conditions and Non-QM trends
- Document pricing exceptions and justifications in loan origination system and CRM
- Provide insights and reporting on exception trends, investor hit rates, and margin impact
- Ensure compliance standards, investor requirements, and internal controls are adhered to
Requirements
- Bachelor’s degree in Finance, Economics, Business, or a related field preferred, or equivalent combination of education and experience in mortgage banking
- 3+ years of experience in Non-QM pricing or rate lock desk operations, with direct responsibility for exception pricing decisions
- Advanced experience with Non-QM guidelines, investor overlays, and borrower risk evaluation criteria
- Excellent analytical, quantitative, and decision-making skills
- Advanced collaboration and communication skills to interact effectively with Sales, Credit, Capital Markets, and external partners
- Excellent organizational, task-management, and attention-to-detail skills applied consistently to achieve objectives
- Experience with pricing engines such as Optimal Blue and LoanSifter
- Experience with Encompass loan origination system
Benefits
- medical
- dental
- vision
- 401K
- company-provided short-term disability
- employee assistance program
- wellness program
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
Non-QM pricingrate lock operationsexception pricingloan-level risk analysispricing overlaysmarket analysiscompliance standardsinvestor requirementsquantitative analysisdecision-making
Soft Skills
analytical skillscollaborationcommunicationorganizational skillstask managementattention to detail