ZipRecruiter

Log In

1

Correspondent Lending Division Jobs (NOW HIRING)

Nexera Holdings

Mortgage Loan Officer

Gilbert, AZ · On-site

... Division : Consumer- Direct Retail Location: Chandler, AZ Description About Newfi Lending Founded ... Correspondent, and Consumer Direct channels. We are seeking forward-thinking and dynamic ...

Newfi

Mortgage Loan Officer

Gilbert, AZ · Hybrid

... Division : Consumer- Direct Retail Location: Chandler, AZ Description About Newfi Lending Founded ... Correspondent, and Consumer Direct channels. We are seeking forward-thinking and dynamic ...

previous pagenext page

Showing results 21-40

All JobsFinance and Insurance JobsCorrespondent Lending Division Jobs

Correspondent Lending Division information

See salary details

$17

$29

$60

How much do correspondent lending division jobs pay per hour?

As of Aug 21, 2026, the average hourly pay for correspondent lending division in the United States is $29.70, according to ZipRecruiter salary data. Most workers in this role earn between $19.23 and $30.29 per hour, depending on experience, location, and employer.

What is correspondent lending division?

The Correspondent Lending Division refers to a department within a financial institution or mortgage lender that works with third-party mortgage originators, known as correspondent lenders. These correspondents originate and fund loans using their own resources and then sell the closed loans to larger banks or investors, such as the Correspondent Lending Division, which may then service or package the loans. This division plays a crucial role in expanding a lender's reach by partnering with smaller banks, credit unions, and mortgage brokers, providing them with access to a wider range of mortgage products. Correspondent lending helps streamline the mortgage process and increases efficiency in the secondary mortgage market.

What are the key skills and qualifications needed to thrive in correspondent lending division roles?

To thrive in a Correspondent Lending Division, you need expertise in mortgage lending, underwriting, and secondary market guidelines, typically backed by experience in finance or mortgage banking. Familiarity with loan origination systems (LOS), automated underwriting systems (AUS), and compliance software is crucial. Strong analytical skills, attention to detail, and effective communication help professionals build trusted relationships with correspondent lenders and ensure accurate loan processing. These skills and qualities are vital to maintain regulatory compliance, mitigate risk, and drive successful lending operations.

What are some typical challenges faced in correspondent lending division, and how can new team members effectively navigate them?

Professionals in the Correspondent Lending Division often face challenges such as managing complex loan files from multiple third-party originators, ensuring compliance with evolving regulations, and maintaining strong relationships with correspondent lenders. New team members can navigate these challenges by developing a deep understanding of lending guidelines, staying updated on industry changes, and proactively communicating with both internal teams and external partners. Leveraging technology platforms and participating in regular training can also help streamline processes and reduce errors.

What is the difference between Correspondent Lending Division vs Mortgage Underwriter?

AspectCorrespondent Lending DivisionMortgage Underwriter
Primary RoleManages the sale of mortgage loans to investors, oversees loan approval process, and ensures compliance with investor guidelines.Reviews and evaluates mortgage loan applications to determine approval, ensuring compliance with lending standards.
Work EnvironmentTypically in a corporate or lender setting, coordinating with sales, processing, and compliance teams.Usually in a bank or lending institution, working closely with loan processors and originators.
CertificationsOften requires mortgage licensing, knowledge of investor guidelines, and compliance standards.Requires mortgage licensing, underwriting certifications, and knowledge of credit analysis.

The Correspondent Lending Division focuses on managing the sale of loans to investors and ensuring compliance with investor guidelines, while Mortgage Underwriters evaluate individual loan applications for approval. Both roles require mortgage licensing and knowledge of lending standards, but their core responsibilities differ in scope and focus.

More about Correspondent Lending Division jobs

What job categories do people searching Correspondent Lending Division jobs look for?

The top searched job categories for Correspondent Lending Division jobs are:

Correspondent Lending Division jobs near you
Infographic showing various Correspondent Lending Division job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 79% Full Time, 15% Part Time, and 5% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $61,782 per year, or $29.7 per hour.

SVP, Head of Mortgage Underwriting (Wholesale, Non-Delegated)

Agility360

Dallas, TX • On-site

$175 - $230/hr

Other

Medical, Dental, Retirement

Re-posted 12 days ago

Job description

SVP , Head of Mortgage Underwriting(Wholesale,Non‑Delegated)

Agility 360 is searching for a Mortgage Underwriting executive who has previous experience in the Wholesale, Non‑Delegated channel. Our client is looking for a transformational leader who has deep experience in managing large-scale operations, specifically on the Non‑Delegated channels and managing non‑agency products.

ESSENTIAL JOB FUNCTIONS
  • Build, lead, and empower high‑performing credit operations teams that balance sales, underwriting, and risk. Set departmental goals and ensure robust controls and procedures for timely, accurate underwriting, appraisal, and reviews, while maintaining a focus on credit quality, service, and efficiency. Manage and develop underwriting leadership and staff, including Underwriters, Underwriting Managers, and the Scenario Desk team. Serve as a credit SME for conventional, government, and non‑agency loans, making decisions on complex loan scenarios escalated by internal teams and external partners. Monitor and manage underwriting pipelines, SLAs, and productivity metrics.
  • Drive operational strategy and capacity planning for Correspondent and Retail Lending divisions, aligning staffing and resources with production and financial goals. Lead process improvement initiatives to enhance service levels, reduce cost per loan, and maintain loan quality. Maintain a thorough understanding of underwriting and regulations in accordance with mortgage lending. Analyze transactions and assist in structuring transactions to contain credit risk within acceptable parameters.
  • Partner with product and technology teams to design and deploy new products and digital capabilities—specifically automation and AI tools—that enhance underwriting performance and consistency as well as boost efficiency, reduce cycle times, and improve lender/clients or borrower experience per channel. Ensure alignment with Western Alliance Bank’s credit risk framework, and actively promote culture of customer service, quality, and innovation.
  • Identify and leverage strategic opportunities by utilizing existing resources and relationships with clients and business partners. Participate in strategic planning and execution to meet divisional goals and provide regular reporting and performance metrics in Monthly Business Reviews. Promote a culture of innovation, customer service, and continuous improvement across all underwriting teams. Recruit, coach, and mentor underwriting staff to build a culture of excellence, accountability, and continuous learning. Ensure all underwriting procedures are current and reflect evolving regulatory and investor requirements.
  • Lead and develop a team; responsible for hiring, coaching, performance management, training and development.
EDUCATION / EXPERIENCE REQUIREMENTS
  • 15+ years of related experience in Residential Mortgage Loan Underwriting
  • Bachelor’s degree in related field required; Masters or MBA in related field preferred.
  • 8+ years of experience in residential mortgage underwriting management, with at least 5 years in a senior leadership role preferred.
  • Must have experience with digital mortgage platforms and automation tools.
  • Advanced knowledge of residential mortgage industry in Correspondent or Retail Lending, including sales, operations, capital markets and/or other residential mortgage products and services.
  • Advanced knowledge of applicable federal and state regulatory and legal compliance obligations, rules and regulations, industry standards and practices, including TRID, ECOA, HMDA, FCRA, Flood, HOEPA, HPML, Appraisal, ATR/QM, TCPA, UDAAP, and Fair Lending.
  • Advanced knowledge or applicable regulatory and legal obligations, rules, and regulations, industry standards and practices. In‑depth knowledge of mortgage loan products, lending principles and regulations. Extensive understanding of mortgage lending principles and underwriting guidelines, including FHA, VA, and conventional loans, loan processing and automated underwriting systems. Working knowledge of mortgage lending principles and underwriting guidelines including self‑employed borrowers, partnership, corporation tax return analysis, appraisal reviews, condo project reviews, Trust, Leasehold and Power of Attorney documentation.
  • Advanced experience with mortgage banking technology, including Encompass (LOS), AUS, core systems, and MS Office products.
  • Advanced speaking and writing communication skills.
  • Direct Endorsement (DE) or Staff Appraisal Reviewer (SAR) designation is required.
  • Occasional travel required.
ADDITIONAL DETAILS
  • Location: on‑site in the Dallas Fort‑Worth metroplex area
  • Salary: $175,000‑$230,000 plus bonuses
  • Permanent position with medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program.
#J-18808-Ljbffr

Apply