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Correspondent Lender Jobs (NOW HIRING)

Lakeside Bank

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Mortgage Loan Processer/Closer

Oak Brook, IL · On-site

$19 - $28/hr

... the correspondent lender for underwriting review and provide all required underwriting conditions in a timely manner. · Complete final quality assurance reviews, including reverification of ...

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Correspondent Lender information

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$15

$34

$77

How much do correspondent lender jobs pay per hour?

As of Sep 9, 2026, the average hourly pay for correspondent lender in the United States is $34.71, according to ZipRecruiter salary data. Most workers in this role earn between $19.95 and $56.25 per hour, depending on experience, location, and employer.

What is a correspondent lender?

A correspondent lender is a financial institution or mortgage company that originates and funds home loans in its own name but sells them to larger mortgage investors or secondary market agencies after closing. They handle the loan process from application to funding, but typically do not service the loan long-term. This allows borrowers to work directly with the correspondent lender during the initial stages, while the servicing and long-term management of the loan are handled by another company after the loan is sold.

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

To thrive as a Correspondent Lender, you need expertise in mortgage origination, underwriting guidelines, and secondary market regulations, typically supported by relevant experience in mortgage lending or finance. Familiarity with loan origination systems (LOS), automated underwriting systems, and compliance software is essential. Strong attention to detail, relationship management, and effective communication are critical soft skills in this role. These competencies ensure accurate loan processing, regulatory compliance, and successful partnerships with investors and borrowers.

What are some common challenges correspondent lenders face when managing relationships with multiple investors?

Correspondent Lenders often work with a variety of investors, each with their own loan guidelines, pricing models, and submission requirements. One common challenge is staying updated with these evolving investor criteria and ensuring that every loan originated meets specific investor standards to avoid costly repurchase requests. Additionally, maintaining clear communication and timely responses with investors is essential for smooth delivery and purchase of loans. Successful Correspondent Lenders implement robust tracking systems and prioritize ongoing training to keep their teams informed about investor changes.

What is the difference between Correspondent Lender vs Mortgage Broker?

AspectCorrespondent LenderMortgage Broker
CredentialsTypically requires a mortgage license, state licensing, and sometimes additional certificationsRequires a mortgage license and state licensing, but generally fewer certifications
Work EnvironmentOperates as a direct lender, funding loans in-house or through partnershipsActs as an intermediary, connecting borrowers with multiple lenders
Industry UsageWorks directly with borrowers, investors, and regulators within the lending industryServes as a middleman, helping clients find suitable loan options from various lenders

Both Correspondent Lenders and Mortgage Brokers require licensing and operate within the mortgage industry. However, Correspondent Lenders fund and close loans directly, often acting as a lender themselves, while Mortgage Brokers facilitate loans by connecting borrowers with multiple lenders. Understanding these differences helps borrowers choose the right professional for their mortgage needs.

More about Correspondent Lender jobs

What cities are hiring for Correspondent Lender jobs?

Cities with the most Correspondent Lender job openings:

What are popular job titles related to Correspondent Lender jobs?

For Correspondent Lender jobs, the most frequently searched job titles are:

Correspondent Lender jobs near you
Infographic showing various Correspondent Lender job openings in the United States as of September 2026, with employment types broken down into 99% Full Time, and 1% Part Time. Highlights an 83% Physical, 3% Hybrid, and 14% Remote job distribution, with an average salary of $72,204 per year, or $34.7 per hour.

Mortgage Loan Officer - 180 BPS - 104 Investors - Remote - W-2 or 1099

Fort Lauderdale, FL • On-site

Tag Lending Group, LLC
See more jobs at Tag Lending Group, LLCexternal

$100 - $125/hr

Other

Re-posted 3 days ago

Job description

Mortgage Loan Officer - Remote - W-2 or 1099

TAG Lending Group, LLC

Remote Nationwide

Preferred Production: $1M+ Monthly

We Don't Just Originate. We Automate.

W-2 or 1099

Let’s TAG TEAM This Deal®

If you’re an experienced Mortgage Loan Officer looking to close more loans, earn more, and eliminate operational bottlenecks, TAG Lending Group was built for you.

We’re a Non-Delegated Correspondent Wholesale Mortgage Lender with access to 104+ investors, AI-powered technology, dedicated operations, and a proprietary mortgage platform designed to help you grow your business faster.

Why Top Producers Join TAG
  • Access to 104+ investors
  • Non-Delegated Correspondent Lender
  • Pricing exceptions available
  • Conventional, FHA, VA, USDA, Jumbo, Non-QM, DSCR, Commercial, Construction, Reverse, HELOC, and Private Lending
Technology That Works

Included for one low monthly technology fee:

  • HubSpot Enterprise CRM
  • AI-powered automation
  • Arive LOS
  • Slack Pro
  • Box Cloud
  • Automated borrower and Realtor follow-up
  • Marketing campaigns
  • Smart workflows and dashboards
Dedicated Support
  • Same-day approvals available
  • 14-day closings on qualified files
  • Dedicated processing and operations
  • Pre-underwriting assistance
  • Contract-to-close support
Marketing That Helps You Grow
  • Realtor marketing support
  • Weekly Realtor cheat sheets
  • Automated email and text campaigns
  • Social media support
  • Weekly coaching and sales playbooks
  • Proprietary Road Map to Homeownership® system
Compensation
  • 180 BPS on self-generated loans (up to 225 BPS based on quarterly margin agreement)
  • 100 BPS on company leads
  • 70% of net on DSCR, Fix & Flip, and Commercial (up to 425 BPS)
  • Transparent compensation with on-time payments
What We’re Looking For
  • Active NMLS License
  • Minimum two years of mortgage experience
  • Preferred production of $1M+ funded monthly
  • Purchase-focused mindset
  • Strong communication and follow-up skills
  • Comfortable using CRM and mortgage technology
Licensed States

Lender: Florida, Georgia, Michigan, New Mexico, Ohio, South Carolina, Tennessee, Texas

Broker: Connecticut, New Jersey, North Carolina (Pending), Pennsylvania

Why TAG?

Most mortgage companies limit your options. TAG gives you access to 104+ investors, competitive pricing, AI-powered technology, and a team dedicated to helping you close more loans with less administrative work. Our platform combines the flexibility of a broker with the strength of a lender, giving you the tools to scale your business and deliver an exceptional experience to every borrower and Realtor.

If you’re ready for a company that invests in your success, we’d love to meet you.

Apply today and Let’s TAG TEAM This Deal®

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