Loan Sale Transaction Coordinator
Corporate Support
Capital Markets
Loan Sale Transaction Coordinator-JO-1510-653
Dallas, TX

Loan Sale Transaction Coordinator 
Stearns Lending, LLC is a leading provider of mortgage lending services in Wholesale, Retail, Strategic Alliances and Consumer Direct sectors throughout the United States where licenses are held. The company was ranked as the #3 Wholesale Lender nationwide by Inside Mortgage Finance in 2016.*
If you are interested in joining an exciting team where excellence and customer service are a fundamental part of the culture, Stearns Lending, LLC is the place for you!
At Stearns, we consider all employees an everyday hero and we are always looking for OUTRAGEOUSLY TALENTED® individuals to join our team.
Job Summary:
Stearns is searching for a motivated Loan Sale Transaction Coordinator.  As a key member of the Capital Markets department, this position will focus on buying loans through direct trades and whole loan bid tapes.
Job Responsibilities:
  • Manage and negotiate mandatory commitments for Stearns Capital Market
  • Maintain internal pricing models and execute margin and pricing changes.
  • Gather and maintain market intelligence to ensure loan pricing competiveness.
  • Daily distribution, maintenance, and enhancement of rate sheets and external pricing in a timely and accurate manner. Create solutions for rectifying discrepancies.
  • Act as daily point of contact for capital markets department that will include interaction with external loan originators’ secondary marketing and loan delivery departments.
  • Develop, design, and automate new reports and analytical tools to meet the needs of Capital Markets, senior management, and the production sales force on an as needed basis.
  • Collaborate with IT on the testing and enhancement of internal trade portal.
Desired Skills, Experience, or Education:
  • Bachelor's Degree, preferably in finance, economics, accounting, or equivalent experience.
  • Requires a minimum of 5 years of experience in secondary marketing at a mortgage company, or a bank, with applicable experience in pricing GSE eligible loans.  Experience with industry hedging systems / software preferred.
  • Strong interpersonal and communication skills, both written and oral.
  • Technologically savvy, with the ability to work in varied systems.  Proficiency with Excel/Word/SQL. 
  • Strong analytical and critical thinking skills.
  • Comfortable working with large datasets.
  • Strong communication and client service skills.
  • Proven ability to thrive in a fast paced environment.
  • Must be organized, detail oriented, and have the ability to work independently.
  • Must be willing to work flexible hours.
  • Experience with loan origination systems, mortgage position management software (Compass/QRM/MIAC), or other mortgage-related processing systems preferred.
Stearns Lending is an equal housing lender and is licensed to conduct business in 49 states and the District of Columbia. Additionally, Stearns Lending is an approved HUD (United States Department of Housing and Urban Development) lender; a Single Family Issuer for Ginnie Mae (Government National Mortgage Association); an approved Seller/Servicer for Fannie Mae (Federal National Mortgage Association); and an approved Seller/Servicer for Freddie Mac (Federal Home Loan Mortgage Corporation). Stearns Lending is also approved as a VA (United States Department of Veterans Affairs) lender, a USDA (United States Department of Agriculture) lender, and is an approved lending institution with FHA (Federal Housing Administration). Stearns Lending, LLC is located at 4 Hutton Centre Drive, 10th Floor, Santa Ana, CA 92707. Company NMLS# 1854.
For more information, visit

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