Mortgage Pricing & Validation Specialist

firstnationalbankofamerica; East Lansing (MI); On-site; USD 55,000 - 75,000; Full time

Job summary

First National Bank of America is seeking a Purchase Assurance Pricing Coordinator to support accurate pricing, validation, and purchase of residential mortgage loans within the Secondary Marketing team.

The role verifies pricing data, reviews loan disclosures, and coordinates with loan officers, operations staff, and investors to ensure timely and compliant transactions. Strong communication and attention to detail are essential.

Qualifications

• 2+ years of experience in loan pricing, secondary marketing, or mortgage operations.
• Working knowledge of pricing sheets, rate matrices, and investor guidelines.
• Strong attention to detail and organizational skills.
• Communicate effectively in written and verbal forms.
• Intermediate proficiency in Microsoft Office, including Excel.
• Experience with Encompass or a comparable loan origination system is a plus.

Responsibilities

• Validate loan pricing and eligibility as part of the loan purchase process.
• Review and enter purchase advice and settlement data with investors.
• Verify lock price, investor, and LLPAs on lock requests.
• Apply pricing adjustments for exception and change requests per guidelines.
• Update daily mortgage pricing and maintain rate data in the loan origination system.
• Coordinate with loan officers, operations staff, and investors to resolve pricing discrepancies.
• Provide daily, weekly, and monthly reporting support for Secondary Marketing activities.
• Communicate with loan partners preparing loan documents and update loan file status.

Skills

Attention to detail

Communication

MS Office proficiency

Tools

Excel

Encompass

Job description

First National Bank of America is seeking a Purchase Assurance Pricing Coordinator to support accurate pricing, validation, and purchase of residential mortgage loans within the Secondary Marketing team.

The role verifies pricing data, reviews loan disclosures, and coordinates with loan officers, operations staff, and investors to ensure timely and compliant transactions. Strong communication and attention to detail are essential.