Job DescriptionCome join our amazing team and work Remote !The Correspondent Account Executive is responsible for developing and maintaining Correspondent mortgage loan production for various loan products. Calls on potential or existing customers as assigned to develop new business or retain existing business. Acts as liaison between Sellers and loan operations to facilitate the purchase of closed loans. Perform all duties in accordance with the company's policies and procedures, all US state and federal laws and regulations, wherein the company operates. Incumbents are outside sales associates responsible for making outside sales calls, and generating and following up on leads outside of the office and are expected and required to spend more than half of their working time outside of any office, which includes a home office.
The target pay range for this position is $43,100.00 to $65,000.00+ Monthly Incentive plan.
What you'll do: - Contacts and sets appointments with new and existing Correspondent Accounts.
- Advises Sellers of Company programs, pricing and submission policies and procedures.
- Advises Sellers of any changes to Company's policies or procedures
- Assists Sellers in loan submission process.
- Trains Sellers on use of available online systems for loan submissions, automated underwriting, rate sheets and loan lock procedures.
- Acts as liaison with Sellers, and internal correspondent coordinator, relationship manager, underwriting, and funding to ensure timely purchase of a loan.
- Manages loan pipeline to achieve departmental goals and objectives
What you'll need: - Demonstrated sales skills
- Must demonstrate thorough knowledge of all aspects of correspondent loan production. Verification of past employment including income is required.
- Knowledge of state and federal lending regulations
- Excellent verbal, written and presentation communications skills
- Excellent organizational skills with ability to adapt quickly and effectively to change
- Knowledge of loan program development, mortgage program marketing materials, loan servicing and origination systems required
- Ability to communicate effectively both verbally and in writing.
- Bachelor's degree or equivalent work experience.
- 1 - 5 years of experience as a wholesale and/or correspondent account executive with multiple Sellers, investors and loan products
Our Company:Carrington Mortgage Services-Correspondent Lending is part of The Carrington Companies. We are dedicated to bringing the highest value to non-delegated correspondent lending; we work diligently with our valued Sellers in establishing an on-going partnership to build growth and profitability. We hope you'll consider joining our growing team of uniquely talented professionals as we transform residential real estate. To read more visit: www.carringtoncorrespondent.com.
What is the value proposition to joining the team? - Increased earning capacity due to access to our 48 state territory.
- Ability to market faster and more efficiently inside the operation.
- Superior service levels offered to the Seller as you're inside presence ensures every step of the loan process is handled in the most efficient manner possible.
- Professional account manager's partner with you and your brokers to add value every step of the way.
- Base pay plus an industry leading commission plan.
- Take over existing accounts.
What We Offer: - Comprehensive healthcare plans for you and your family. Plus, a discretionary 401(k) match of 50% of the first 4% of pay contributed.
- Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
- Customized training programs to help you advance your career.
- Employee referral bonuses so you'll get paid to help Carrington and Vylla grow.
- Educational Reimbursement.
- Carrington Charitable Foundation contributes to the community through causes that reflect the interests of Carrington Associates. For more information about Carrington Charitable Foundation, and the organizations and programs, it supports through specific fundraising efforts, please visit: carringtoncf.org.
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