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Correspondent Funder Jobs (NOW HIRING)

Deephaven

Remote Non QM Underwriter

$52.88/hr

Review loan scenarios and communicate purchase/funding eligibility requirements to our Correspondent and Wholesale lending clients * Collaborate with internal staff (e.g., Underwriters, Account ...

corpay

Associate Wire Investigator

New York, NY · Hybrid

$66K - $70K/yr

You will partner closely with internal teams, correspondent banks, and external clients to ensure the safe and efficient movement of funds while maintaining adherence to banking regulations and ...

Corpay

Associate Wire Investigator

New York, NY · On-site

$56K - $66K/yr

You will partner closely with internal teams, correspondent banks, and external clients to ensure the safe and efficient movement of funds while maintaining adherence to banking regulations and ...

corpay

Associate Wire Investigator

New York, NY · Hybrid

$66K - $70K/yr

You will partner closely with internal teams, correspondent banks, and external clients to ensure the safe and efficient movement of funds while maintaining adherence to banking regulations and ...

Hilltop Holdings

Wire Transfer Specialist

Dallas, TX

Analyzes and funds/draws available funds with upstream correspondent banks. May provide reports to downstream correspondent banks showing pending entries to their accounts held at the bank. * Record ...

Hilltop Holdings

Wire Transfer Specialist

Dallas, TX · On-site

Analyzes and funds/draws available funds with upstream correspondent banks. May provide reports to downstream correspondent banks showing pending entries to their accounts held at the bank. * Record ...

JMAC Lending

Wholesale Account Executive

Santa Ana, CA · Remote

$500K/yr

... Correspondent clients to specified accounts and territories. The Account Executive will drive ... Work together with Operations Staff to facilitate loans from Submission to Funding * Actively ...

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JMAC Lending

Wholesale Account Executive

Santa Ana, CA · On-site +1

$500K/yr

... Correspondent clients to specified accounts and territories. The Account Executive will drive ... Work together with Operations Staff to facilitate loans from Submission to Funding * Actively ...

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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.
Remote Non QM Underwriter

Remote Non QM Underwriter

Deephaven

Remote

$52.88/hr

Full-time

Medical, Retirement

Posted 13 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.
Job Overview
In this role, you will be responsible for evaluating mortgage loan applications that fall outside traditional Qualified Mortgage (QM) guidelines. You will assess borrower risk based on alternative documentation, ensure compliance with company policies and investor guidelines, and play a key role in decision-making for loan approvals.
This role is remote with ability to work from any state in the U.S.
What You'll Do
  • Manually underwrite mortgage loan transactions submitted by our Correspondent and Wholesale lending clients to company and investor credit guidelines
  • Perform quality control audits of our third-party vendor to ensure mortgage loans meet all company and investor credit guidelines and requirements
  • Review loan scenarios and communicate purchase/funding eligibility requirements to our Correspondent and Wholesale lending clients
  • Collaborate with internal staff (e.g., Underwriters, Account Managers, Processors, Closers, Operations Management, etc.) of our correspondent lending clients, brokers and third party-vendors throughout the review process to clear purchase/funding eligibility conditions.
  • Work closely with processing staff to clear loan conditions throughout the process
  • Assist in handling loan-level credit and compliance questions & issues and in the preparation and dissemination of updated mortgage underwriting and compliance standards and procedures
  • Analyze loan applications and conduct financial due diligence to assess the creditworthiness of borrowers and the risk associated with the loan
  • Evaluate multi-family properties to determine their market value, condition, and potential for generating rental income
  • Review financial statements, rent rolls, and property operating data to ensure that the property's income can cover loan payments and expenses
  • Collaborate with account executives, clients and stakeholders to gather necessary information and provide feedback on loan applications
  • Recommend loan structuring and terms that mitigate potential risks while meeting the needs of borrowers and lenders
  • Make informed decisions about whether to approve, deny, or modify loan applications based on comprehensive analysis and risk assessment

Job Requirements
  • Recent, hands-on non-QM underwriting experience is required, including, but not limited to:
    • DSCR
    • Bank Statement (personal & business)
    • P&L-only qualification
    • Asset Depletion
    • Multi-family
  • Experience underwriting HELOCs and 2nd mortgages strongly preferred
  • 5+ years of experience as an underwriter
  • Ability to manually calculate income across all non-QM programs, including complex self-employed borrower profiles, layered income sources, and variable cash flow
  • Demonstrated ability to independently review and clear:
    • Title commitments & supporting documentation
    • Appraisal reports (including complex or unique property types)
    • Full condo project reviews (warrantable, non-warrantable, new construction, and small projects)
  • Proficiency in Encompass, with the ability to navigate workflows, analyze documentation, and manage conditions efficiently
  • High-volume underwriting background, managing 50+ initial underwrites per month while maintaining quality, accuracy, and fast SLAs
  • Strong understanding of non-QM guidelines, investor overlays, compensating factors, and risk layering
  • Excellent communication skills with the ability to clearly document decisions and collaborate with sales, processors, and closers
  • Strong critical thinking, independent decision-making, and problem-solving skills
  • Commitment to loan quality, compliance, and responsible lending

Compensation
The sarlary range for this role begins at $52.88 per hour, plus a performance based monthly incentive plan.
Privacy Policy
This organization participates in E-Verify
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

Apply