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Correspondent Funder Jobs (NOW HIRING)

Citigroup Inc

Correspondent Client Services Consultant

$71K - $99K/yr

... funding issues, and consumer servicing inquiries. * Responsible for the initial setup/maintenance ... Qualifications * 2-5 years correspondent lending originations experience (specifically sales ...

acralending

Correspondent Purchaser

Dallas, TX

Education and/or Experience • High School graduate or equivalent. • Three (3) to five (5) years purchasing closed Correspondent and/or Funding experience. • Knowledge of TRID, RESPA, TILA and ...

acralending

Correspondent Purchaser

Irvine, CA

Education and/or Experience • High School graduate or equivalent. • Three (3) to five (5) years purchasing closed Correspondent and/or Funding experience. • Knowledge of TRID, RESPA, TILA and ...

Acra Lending

Correspondent Purchaser

Dallas, TX · On-site

Education and/or Experience • High School graduate or equivalent. • Three (3) to five (5) years purchasing closed Correspondent and/or Funding experience. • Knowledge of TRID, RESPA, TILA and ...

STI

Encompass Senior Program Manager - Remote

$118K - $119K/yr

Map current/future-state workflows for Delegated Correspondent (loan delivery, purchase review, funding). * Define portal roles, access, SLAs, statuses, and conditions aligned to investor policies.

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Correspondent Funder information

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$5

$19

$24

How much do correspondent funder jobs pay per hour?

As of Jul 5, 2026, the average hourly pay for correspondent funder in the United States is $19.38, according to ZipRecruiter salary data. Most workers in this role earn between $16.83 and $21.63 per hour, depending on experience, location, and employer.

What are Correspondent Funders?

Correspondent Funders are professionals in the mortgage industry who review, approve, and fund loans originated by correspondent lenders. They ensure all loan documents are accurate, verify compliance with investor and regulatory guidelines, and release funds to close the loan transaction. Their role is critical in facilitating the purchase or refinancing of homes, maintaining quality control, and minimizing risk for lenders and investors.

What are the common challenges faced by a Correspondent Funder when managing multiple loan closings simultaneously?

As a Correspondent Funder, one of the main challenges is balancing accuracy and efficiency when handling several loan files at once. The role requires meticulous attention to detail to ensure all documentation is compliant and funds are disbursed correctly within tight deadlines. Coordinating with loan officers, title companies, and other internal teams can add complexity, especially when unexpected issues arise at the last minute. Staying organized and proactively communicating with all parties is essential to successfully manage these challenges and ensure smooth closings.

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

To thrive as a Correspondent Funder, you need in-depth knowledge of mortgage lending, loan documentation, and compliance regulations, typically supported by a background in finance or banking. Familiarity with loan origination systems (LOS), automated underwriting systems like DU/LP, and quality control tools is essential. Strong attention to detail, analytical thinking, and effective communication help ensure accuracy and collaboration across teams. These skills and qualifications are vital for minimizing risk, ensuring regulatory compliance, and facilitating smooth loan purchase transactions.

What is the difference between Correspondent Funder vs Loan Officer?

AspectCorrespondent FunderLoan Officer
CredentialsTypically requires financial or banking certifications, knowledge of lending productsRequires mortgage or loan origination licenses, sales skills
Work EnvironmentWorks with lenders, investors, and borrowers to fund loansWorks directly with clients to originate and approve loans
Industry UsageCommon in mortgage and commercial lending sectorsPrevalent in banking, mortgage, and consumer lending

While both roles involve lending, a Correspondent Funder primarily sources and funds loans through third-party lenders or investors, focusing on loan funding processes. A Loan Officer interacts directly with borrowers to evaluate and approve loan applications. Understanding these differences helps clarify career paths and employer expectations in the lending industry.

More about Correspondent Funder jobs
What are the most commonly searched types of Correspondent Funder jobs? The most popular types of Correspondent Funder jobs are:
What job categories do people searching Correspondent Funder jobs look for? The top searched job categories for Correspondent Funder jobs are:
Correspondent Funder jobs near you
Infographic showing various Correspondent Funder job openings in the United States as of June 2026, with employment types broken down into 97% Full Time, 1% Part Time, 1% Temporary, and 1% Contract. Highlights an 91% Physical, 3% Hybrid, and 6% Remote job distribution, with an average salary of $40,307 per year, or $19.4 per hour.
Correspondent Account Executive

Correspondent Account Executive

Paramount Residential Mortgage Group

Corona, CA

$350K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 5 days ago

Job description

As a PRMG Correspondent Account Executive, there are no limits to the success you can achieve. You will be the driving force behind our business.  You will use your knowledge of the industry, communication skills and sales savvy to develop relationships with mortgage bankers, provide unparalleled service, and bring in their business.  PRMG allows Correspondent Clients to deliver loans on a Delegated and Non-Delegated basis.  PRMG will provide you with the tools you need to succeed: competitive products and services, training, and allow you to build your own portfolio of clients.  PRMG sets attainable goals for performance and encourages our team members to collaborate amongst each other and share ideas and business plans to continue to drive business forward.  The job duties for a Correspondent Account Executive are as follows:

PRMG offers a comprehensive benefits package for our full-time employees and their dependents, which includes medical, dental, vision, life insurance, short-term disability, long-term disability, a Health Savings Account (HSA), a Flexible Spending Account (FSA), and various other products, based on benefits eligibility, elections, and employee premiums. Upon hire, you will be eligible to enroll in all our company-sponsored benefit programs (Medical, Dental, Life, and Voluntary) on the first of the following month. After completing 60 days, you will be eligible to enroll in our 401(k) program on the first of the following month. Additionally, eligible employees may apply for job openings through PRMG’s Internal and External Job Portal to request a transfer to a different department or position.


Essential Job Functions:

  • Organization: Develops and implement relationship strategies, satisfying customer needs through a full array of products and services.
  • Coordination: Utilizes business development skills to establish new business.
  • Communication: Communicates well verbally and in writing with co-workers and customers acting as liaison between account and Company’s internal departments to ensure cohesive business flow.
  • Equipment: Uses office equipment such as computer terminals, copiers and FAX machines.
  • Physical: Sits and stands for extended time periods. Hearing and vision within normal ranges.

 

Responsibilities:

  • Building and maintaining long-term relationships and partnerships with your Mortgage Banking Clients.
  • Training and educating clients on PRMG's Correspondent Portal, programs, products and processes.
  • Drive and maintain funded production levels above $10 million monthly.
  • Hold regular account visits to continually reinforce the company’s differentiators and leverage them for quality volume.
  • Being your clients’ “go-to” resource for all questions regarding the mortgage industry.
  • Monitoring the performance of loan deliveries in your pipeline.
  • Monitors expiring rate locks for customer base.
  • Providing world-class client service to every client.

Experience:

  • 5+ year of experience in the mortgage and banking industries, including experience in third party originations.
  • Proven success as an Account Executive or Relationship Manager.
  • Thorough understanding of the loan process and the difference between Retail, Wholesale, and Correspondent Lending.
  • Strong relationship building skills.
  • Existing Client base (preferred)
  • You have the passion and work ethic to keep getting better every day.
  • You work hard and take accountability for your actions.
  • You have unique qualities that are key to your success.

 

Education:

  • College degree or equivalent work experience preferred.
  • High school diploma (or equivalent) required

 

Travel:

  • May be required

USD $0.00/Yr.
USD $350,000.00/Yr.

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