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Mortgage Warehouse Jobs (NOW HIRING)

Sonabank

Warehouse Collateral Specialist

Frisco, TX · On-site

$27 - $39/hr

Receive, log, and retain possession of the original mortgage note during warehouse period. * Process received collateral in preparation to ship. * Ensure accuracy of received collateral. * Ship ...

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Mortgage Warehouse information

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How much do mortgage warehouse jobs pay per hour?

As of Aug 11, 2026, the average hourly pay for mortgage warehouse in the United States is $17.31, according to ZipRecruiter salary data. Most workers in this role earn between $15.38 and $18.27 per hour, depending on experience, location, and employer.

What is the difference between Mortgage Warehouse vs Mortgage Loan Officer?

AspectMortgage WarehouseMortgage Loan Officer
CredentialsTypically requires mortgage licensing, knowledge of loan productsRequires mortgage license, sales skills, and customer service experience
Work EnvironmentWorks in a warehouse or office setting, handling loan packaging and fundingWorks directly with clients, lenders, and real estate agents, often in an office or remotely
Employer & Industry UsageEmployed by lenders or mortgage companies, focuses on loan processingEmployed by banks or mortgage brokers, focuses on client acquisition and loan origination

Mortgage Warehouse professionals primarily handle loan packaging and funding within a lender's operations, while Mortgage Loan Officers focus on originating loans and working directly with clients. Both roles require mortgage licensing but differ in daily tasks and work environment.

What are the typical responsibilities of a mortgage warehouse specialist?

Professionals in Mortgage Warehouse roles are primarily responsible for managing the funding and logistics of mortgage loans between origination and sale to investors. This often includes monitoring loan pipelines, reconciling funding reports, ensuring compliance with financial regulations, and coordinating with warehouse lenders and mortgage originators. The role frequently involves detailed data analysis and close collaboration with other departments, such as loan processing and secondary marketing. Attention to detail and strong organizational skills are essential due to the fast-paced, deadline-driven environment.

What is a mortgage warehouse?

A mortgage warehouse is a line of credit provided by a financial institution to a mortgage lender, allowing the lender to fund mortgage loans until they are sold to investors or secondary market buyers. This short-term funding helps mortgage lenders maintain liquidity and continue originating new loans. Once the loans are sold, the proceeds are used to pay down the warehouse line of credit. Mortgage warehouse lines are crucial for non-bank lenders and mortgage brokers who do not have large cash reserves.

What are the key skills and qualifications needed to thrive as a mortgage warehouse specialist?

To thrive as a Mortgage Warehouse Specialist, you need a solid understanding of mortgage lending processes, financial analysis, and compliance regulations, often supported by a degree in finance or related experience. Familiarity with mortgage loan origination systems, warehouse lending platforms, and industry compliance software is typically required. Strong attention to detail, organizational skills, and effective communication are important soft skills for managing complex transactions and collaborating with lenders. These skills and qualities are critical to ensure accurate loan funding, regulatory compliance, and smooth operations in a high-stakes financial environment.
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What cities are hiring for Mortgage Warehouse jobs? Cities with the most Mortgage Warehouse job openings:
What states have the most Mortgage Warehouse jobs? States with the most job openings for Mortgage Warehouse jobs include:
What job categories do people searching Mortgage Warehouse jobs look for? The top searched job categories for Mortgage Warehouse jobs are:
Mortgage Warehouse jobs near you
Infographic showing various Mortgage Warehouse job openings in the United States as of August 2026, with employment types broken down into 83% Full Time, 11% Part Time, 1% Temporary, 3% Contract, and 2% Nights. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $36,002 per year, or $17.3 per hour.

Funding Manager Mortgage Warehouse

First Horizon Bank

Germantown, TN • On-site

Full-time

Medical, Dental, Vision, Retirement

Re-posted 19 days ago

First Horizon Bank rating

8.3

Company rating: 8.3 out of 10

Based on 31 frontline employees who took The Breakroom Quiz

39th of 171 rated banks

Job description

Location: Onsite a location listed in posting

Summary 

Dedicated role within FHB’s Mortgage Warehouse Lending group responsible for oversight and execution of construction sublimit funding for residential loans across a portfolio with aggregate approved sublimit exposure of approximately $500MM. Ensures advances remain aligned to approved advance rates and documented percent complete; owns client onboarding for sub-limits and draw documentation; calculates and approves eligible advances within delegated authority; and maintains controls, reporting, and exception management. Manages a mixed-complexity book, including clients with tailored processes and higher documentation nuance, applying tiered review standards and enhanced documentation requirements as complexity increases. Exercises discretion and independent judgment.

Key responsibilities

  • Receive and review initial construction packages.
  • Ensure required documentation is obtained for each draw request.
  • Work directly with clients to resolve complex documentation or funding issues.
  • For each draw, collect and assess inspection/progress photos; reconcile percent complete to funded-to-date and remaining to complete.
  • Calculate eligible advances for each construction draw.
  • Monitor and escalate documentation gaps and exceptions to the PM and RM, as applicable.
  • Partner with associates (PMs, RMs, Operations) and clients’ funding teams to resolve documentation gaps and timing issues.
  • Contribute to procedure updates and control enhancements focused on accuracy, turnaround time, and risk containment.

Qualifications

  • 3+ years in mortgage warehouse lending and/or related industry experience (e.g., construction draw administration or mortgage operations with draw funding responsibilities); title/closing or loan administration experience preferred.
  • Skilled in reviewing 1003s, appraisals, closing disclosures, draw requests, inspections, and CO/Completion documentation.
  • Ability to validate inspection percent complete, reconcile to funded-to-date, and apply FHB advance limits.
  • Strong documentation review and reconciliation skills; high accuracy in calculations and recordkeeping.
  • Proficiency with warehouse/LOS platforms and Excel for tracking, reconciliations, and reporting.
  • Clear written and verbal communication with internal associates and clients; able to manage volume and deadlines.
  • Bachelor’s degree preferred.

About Us
First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.

Benefit Highlights
• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits

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