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Correspondent Account Executive Jobs (NOW HIRING)

Deephaven

OR

Job Overview The Correspondent Account Executive is responsible for developing and maintaining relationships with correspondent lending partners to drive the origination and funding of non-QM loans.

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Correspondent Account Executive information

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$30K

$79.2K

$143K

How much do correspondent account executive jobs pay per year?

As of Jul 30, 2026, the average yearly pay for correspondent account executive in the United States is $79,235.00, according to ZipRecruiter salary data. Most workers in this role earn between $54,000.00 and $95,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Correspondent Account Executive, and why are they important?

To thrive as a Correspondent Account Executive, you need expertise in mortgage lending, account management, and a solid understanding of financial products, often supported by a degree in finance or business. Familiarity with loan origination systems (LOS), CRM platforms, and industry compliance standards such as FHA, VA, and Fannie Mae guidelines is crucial. Outstanding communication, relationship-building, and negotiation skills help differentiate top performers in this client-focused role. These skills ensure strong client partnerships, regulatory compliance, and consistent loan pipeline growth in a competitive mortgage market.

How does a Correspondent Account Executive typically collaborate with lenders and internal teams to ensure smooth loan processing?

As a Correspondent Account Executive, you will serve as the primary liaison between correspondent lenders and your organization, ensuring loans are processed efficiently and in compliance with guidelines. You will work closely with underwriting, funding, and secondary marketing teams to resolve issues, answer questions, and manage pipeline status. Regular communication, both internally and externally, is essential to address documentation needs and maintain high service levels. Success in this role relies on strong relationship-building skills and the ability to coordinate across multiple departments to deliver timely and accurate loan closings.

Is an account executive a high position?

An account executive is a mid- to senior-level role responsible for managing client accounts, sales, and relationships. While it can be a stepping stone to higher management positions, it is generally considered a professional role with significant responsibility but not among the highest executive levels.

What is the difference between Correspondent Account Executive vs Loan Officer?

AspectCorrespondent Account ExecutiveLoan Officer
CredentialsRelevant sales and finance certifications, sometimes a degree in finance or businessLoan origination licenses, such as NMLS certification, and financial knowledge
Work EnvironmentBanking or financial institutions, often in sales or client management rolesMortgage or lending companies, working directly with clients to process loans
Employer & IndustryFinancial services, banking, mortgage industryMortgage lenders, banks, credit unions
Search & Comparison IntentUnderstanding roles in banking sales and client managementLearning about mortgage lending and loan processing

The main difference is that a Correspondent Account Executive focuses on managing banking relationships and sales within financial institutions, while a Loan Officer primarily assists clients in obtaining loans, especially mortgages. Both roles require financial knowledge and certifications but serve different functions within the banking and lending industry.

What jobs in the US pay 300,000 a year?

A Correspondent Account Executive typically does not earn $300,000 annually; such high salaries are more common in executive roles like CEOs, investment bankers, or specialized medical professionals. High-paying jobs often require extensive experience, advanced skills, or leadership positions. Compensation varies widely based on industry, location, and level of responsibility.

What is the role of a correspondent bank?

A correspondent bank acts as an intermediary that provides banking services on behalf of another financial institution, often in different countries. Correspondent banking involves activities such as wire transfers, currency exchange, and payment processing, requiring knowledge of international banking regulations and compliance standards.

What company pays account executives the most?

Among companies that employ account executives, large technology firms, financial institutions, and advertising agencies tend to offer the highest salaries. Compensation varies based on experience, location, and performance, with top earners often working in competitive markets or specialized roles. Overall, top-tier firms and those with high revenue tend to pay the most for account executive positions.

What is a Correspondent Account Executive?

A Correspondent Account Executive is a professional in the mortgage or banking industry who manages relationships between a lender and correspondent partners—typically smaller banks, credit unions, or mortgage brokers. Their primary role is to facilitate the sale and delivery of mortgage loans from the correspondent to the larger lender, ensuring compliance with underwriting guidelines and company policies. They also provide training and support to partners, help resolve issues, and work to grow loan production. This position requires strong communication, analytical, and sales skills, as well as a thorough understanding of mortgage lending processes.
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Correspondent Account Executive jobs near you
Infographic showing various Correspondent Account Executive job openings in the United States as of July 2026, with employment types broken down into 87% Full Time, 9% Part Time, and 4% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $79,235 per year, or $38.1 per hour.

Correspondent Account Executive

Deephaven

OR

Full-time

Medical, Retirement

Re-posted 5 days ago

Job description

Why Deephaven Mortgage?

Deephaven Mortgage has been a pioneer and leader in non-QM since our origin in 2012. Our longevity and strength in the non-QM space has allowed a significant number of borrowers to achieve homeownership who otherwise would not have under traditional requirements. Deephaven champions mortgage borrowers whose independence, entrepreneurial drive and determination are often the very reason they cannot qualify for a traditional loan.

We continuously and responsibly innovate new mortgage products and programs that put homeownership within reach of millions of borrowers and investors that need and deserve financing through lending ingenuity that is supported by common-sense underwriting.

Deephaven is comprised of two lending platforms. Our wholesale channel offers loans through a network of over 1,000 independent mortgage brokers. Our correspondent channel buys loans from over 200 correspondent partners.

Deephaven's headquarters are in Charlotte, North Carolina. To learn more about our innovative loan solutions please visit www.deephavenmortgage.com or email us at info@deephavenmortgage.com.

Why Deephaven Mortgage?

Deephaven Mortgage has been a pioneer and leader in non-QM since our origin in 2012. Our longevity and strength in the non-QM space has allowed a significant number of borrowers to achieve homeownership who otherwise would not have under traditional requirements. Deephaven champions mortgage borrowers whose independence, entrepreneurial drive and determination are often the very reason they cannot qualify for a traditional loan.


We continuously and responsibly innovate new mortgage products and programs that put homeownership within reach of millions of borrowers and investors that need and deserve financing through lending ingenuity that is supported by common-sense underwriting.


Deephaven is comprised of two lending platforms. Our wholesale channel offers loans through a network of over 1,000 independent mortgage brokers. Our correspondent channel buys loans from over 200 correspondent partners.
Deephaven's headquarters are in Charlotte, North Carolina. To learn more about our innovative loan solutions please visit www.deephavenmortgage.com or email us at info@deephavenmortgage.com.

Job Overview

The Correspondent Account Executive is responsible for developing and maintaining relationships with correspondent lending partners to drive the origination and funding of non-QM loans. This role involved identifying new business opportunities, managing accounts, and providing exceptional support to correspondent lenders. The Correspondent Account Executive serves as a trusted advisor, ensuring partners understand our products and guidelines, while meeting production goals and maintaining compliance standards.

What You'll Do

Business Development:

  • Identify and recruit new correspondent lenders to expand the company's portfolio
  • Build and maintain strong relationships with existing correspondent accounts to maximize production
  • Develop and execute strategies to meet and exceed sales targets

Account Management:

  • Serve as the primary point of contact for assigned accounts, providing guidance on loan scenarios, products, and guidelines.
  • Monitor and manage the loan pipeline to ensure timely submissions, approvals, and fundings
  • Collaborate with operations, underwriting, and closing teams to resolve issues and ensure a smooth process

Product Expertise:

  • Maintain in-depth knowledge of non-QM products, guidelines, and industry trends
  • Educate correspondent lenders on non-QM offerings and how to effectively market them to their borrowers
  • Provide training and support on the company's processes, technology platforms

Compliance and Quality Assurance:

  • Ensure all loans submitted by correspondent lenders meet company policies, investor requirements, and regulatory standards
  • Assist in resolving deficiencies or compliance issues identified during the loan process
  • Monitor account performance and address any quality control concerns

Reporting and Communication:

  • Provide regular updates to management on account performance, market trends, and competitive intelligence
  • Deliver detailed reporting on production metrics, pipeline status, and business development activities

What We Need

  • Bachelor's degree in business, finance, or related field (preferred)
  • Minimum 3 plus years of experience in mortgage sales, account management, or correspondent lending, preferably with non-QM products
  • Strong understanding of non-QM mortgage programs, underwriting guidelines, and industry regulations
  • Proven ability to develop and maintain successful business relationships
  • Excellent communication, negotiation, and presentation skills
  • Self-motivated, goal- oriented, and capable of working independently
  • Proficiency in CRM tools and mortgage software platforms

Our Perks

Flexible Time to Recharge - Personalized Time Off for What Matters (because rest isn't one-size fits all)
Future Finance Focused - Generous employer-matched 401(k) plan
Community Connect- Philanthropy Committee that creates charitable initiatives
Health from Day One - Comprehensive health insurance starting on day one of employment
Family Matters - Competitive maternity and paternity leave
Culture & Celebrations - Culture Committee with team-building events and celebrations
Ideas Welcome - Encouraging thought leadership and innovation
Guidance & Growth - Mentorship opportunities for career development
Perk Up - Exclusive discounts on travel, tech, pets, legal, and more

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Our Perks

Flexible Time to Recharge - Personalized Time Off for What Matters (because rest isn't one-size fits all)

Future Finance Focused - Generous employer-matched 401(k) plan

Community Connect- Philanthropy Committee that creates charitable initiatives

Health from Day One - Comprehensive health insurance starting on day one of employment

Family Matters - Competitive maternity and paternity leave

Culture & Celebrations - Culture Committee with team-building events and celebrations

Ideas Welcome - Encouraging thought leadership and innovation

Guidance & Growth - Mentorship opportunities for career development

Perk Up - Exclusive discounts on travel, tech, pets, legal, and more

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