Job Description
Note: The job is a remote job and is open to candidates in USA. Carrington Wholesale is a part of The Carrington Companies, focusing on providing access to mortgage loan programs for brokers and financial institutions. The Account Executive role involves developing and maintaining relationships with brokers/sellers, facilitating loan processes, and ensuring compliance with regulations.
Responsibilities
- Responsible for developing and maintaining broker/seller relationships to sell wholesale and correspondent mortgage loan products
- Calls on potential or existing brokers/sellers as assigned to develop new business or retain existing business
- Acts as liaison between brokers/sellers and loan operations to facilitate the closing of wholesale loans and the purchase of correspondent loans
- Responsible for identifying, contacting, and gaining approval for new mortgage brokers and sellers
- Establishes and continues the broker/seller relationship and ensure a steady flow of loan applications and purchases for existing and newly approved Carrington customers
- Advises brokers/sellers of Company programs, pricing and submission policies and procedures
- Advises brokers/sellers of any changes to Company’s policies or procedures
- Assists brokers/sellers in loan submission process
- Trains brokers/sellers on use of available online systems for loan submissions, automated underwriting, rate sheets and loan lock procedures
- Acts as liaison with outside broker, and internal broker coordinator, processor, processing, underwriting, and closing to ensure timely loan closings
- Ensures compliance deadlines are met with regards to pre-disclosures, approval letters and denial notices
- Work, maintain and update contacts in the CRM system
- Maintain all customer confidential information in accordance with all company policies and all laws
- 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
- Provide a high level of customer service to brokers/sellers during the loan process
Skills
- Demonstrated sales performance with a concentration developing and maintaining broker/seller relationships
- Proven ability to set and reach sales goals
- Knowledge of state and federal lending regulations
- Experience selling NonQM Mortgage Products
- Knowledge of purchase transactions
- 1 – 5 years of experience as a wholesale and/or correspondent account executive with multiple brokers, investors and loan products
Benefits
- Comprehensive healthcare plans for you and your family.
- 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.
Company Overview
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