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Note Broker Jobs in California (NOW HIRING)

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Account Manager II

Anaheim, CA

$31 - $37/mo

About the role The Account Manager works closely with third party originators (TPOs/Brokers ... Note This is meant to describe the general nature and level of work being performed; it is not ...

Change Lending

Account Manager II

Anaheim, CA · On-site

Communicate regularly with Account Executives and Brokers regarding the status of files and ... Note This is meant to describe the general nature and level of work being performed; it is not ...

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Note Broker information

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$25.2K

$65.8K

$115.5K

How much do note broker jobs pay per year?

As of Sep 15, 2026, the average yearly pay for note broker in California is $65,804.00, according to ZipRecruiter salary data. Most workers in this role earn between $47,400.00 and $74,000.00 per year, depending on experience, location, and employer.

What is a note broker?

Note brokers are professionals who act as intermediaries in the buying and selling of promissory notes, such as mortgage notes, business notes, or structured settlements. They connect note holders—people who are owed payments—with investors interested in purchasing these payment streams, typically at a discount. Note brokers help facilitate these transactions by evaluating the notes, negotiating terms, and ensuring all legal paperwork is completed. Their role is crucial in providing liquidity for note holders and investment opportunities for buyers.

What are the key skills and qualifications needed to thrive as a note broker?

To thrive as a Note Broker, you need a solid understanding of real estate, finance, and investment principles, often supported by relevant coursework or experience in these fields. Familiarity with tools like mortgage calculators, CRM systems, and legal documentation software is essential for managing transactions and client relationships. Strong negotiation, relationship-building, and analytical skills set top performers apart by enabling effective deal-making and client trust. These skills and qualities are crucial for successfully connecting buyers and sellers of notes and ensuring smooth, compliant transactions in a competitive market.

What are some common challenges note brokers face when sourcing new clients or notes?

One common challenge Note Brokers encounter is identifying reliable sources for high-quality notes in a competitive marketplace. Many brokers must continuously network with real estate professionals, investors, and financial institutions to find notes that meet buyer criteria. Building trust with sellers and ensuring due diligence on the notes' legitimacy is crucial, as is staying updated on industry regulations and market trends. Persistence and strong relationship-building skills are essential for long-term success in this field.

What is the difference between Note Broker vs Loan Officer?

AspectNote BrokerLoan Officer
Required CredentialsTypically no formal licensing, but industry knowledge helpsRequires licensing (e.g., NMLS), certifications often preferred
Work EnvironmentIndependent, brokerage firms, online platformsBanks, credit unions, mortgage companies
Industry UsageFacilitates buying/selling notes, investment transactionsOriginates loans for borrowers, works directly with clients

While both Note Brokers and Loan Officers operate within the lending industry, Note Brokers primarily facilitate the buying and selling of existing notes and investments, often working independently or through brokerages. Loan Officers focus on originating new loans for borrowers, typically working for financial institutions. Understanding these differences helps clarify career paths and client interactions in the lending sector.

What are popular job titles related to Note Broker jobs in California?

For Note Broker jobs in California, the most frequently searched job titles are:

What job categories do people searching Note Broker jobs in California look for?

The top searched job categories for Note Broker jobs in California are:

Note Broker jobs near you
Infographic showing various Note Broker job openings in California as of September 2026, with employment types broken down into 1% Internship, 1% As Needed, 73% Full Time, 22% Part Time, 1% Temporary, and 2% Contract. Highlights an 88% Physical, 3% Hybrid, and 9% Remote job distribution, with an average salary of $65,804 per year, or $31.6 per hour.

Account Manager II

Anaheim, CA • On-site

COMMERCE HOME MORTGAGE LLC
201 - 500 employees
Learn more about COMMERCE HOME MORTGAGE LLCexternal

$31 - $37/hr

Other

Re-posted 8 days ago

Job description

About the role
The Account Manager works closely with third party originators (TPOs/Brokers), Account Executives and Operations in the processing of mortgage loans. Wholesale Account Manager helps ensure the highest quality of customer service to our brokers and their clients.
Essential Job Duties/Responsibilities:
  • Manage a pipeline of mortgage loans and ensure accuracy, completion and Service Level Agreements (SLAs) are met.
  • Maintain company quality standards through loan due diligence and completion of all required steps in a timely and efficient manner.
  • Communicate regularly with Account Executives and Brokers regarding the status of files and outstanding conditions needed.
  • Review, send and communicate conditional approvals to Account Executives and Brokers within current turn times published.
  • Meet production requirements and manage loan pipeline throughout the day to meet/exceed all deadlines set forth.
  • Submit files for Final Approval/Clear-to-Close.
  • Coordinate and schedule loan closing with Broker.
  • Other duties as assigned.

What Skills & Requirements You'll Need
  • Ability to work effective in a fast-pace environment.
  • Familiarity with Encompass 360 or other LOS/doc systems.
  • Self-motivated with an ability to work independently and in a team environment.
  • Strong organizational skills and ability to handle detailed assignments.
  • Ability to prioritize workload while meeting deadlines.
  • Ability to communicate effectively in writing and verbally.
  • Excellent customer service skills.

EDUCATION AND EXPERIENCE:
  • Bachelor's degree in a related field, and/or relevant prior experience in Wholesale Mortgage Processing for 5+ years.
  • Working knowledge of Mortgage lending guidelines including an understanding of the process and procedures.
  • Proficient in title analysis, income calculation, and underwriting guidelines (investor specific and Government-sponsored enterprises-GSEs).
  • A full understanding of TILA RESPA Integrated Disclosure rule (TRID).

Physical Demands and Work Environment
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential job functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions. While performing the duties of this job, the employee is regularly required to: communicate and accurately exchange information with clients at normal speaking levels; remain standing for sustained periods of time; use hands to finger, grasp, or feel; reach by extending hand(s) and arm(s) in any direction; have visual acuity to view a laptop, determine the accuracy, neatness, and thoroughness of the work assigned. Working conditions are generally moderate and in an office environment.
Note
This job description is meant to describe the general nature and level of work being performed; it is not intended to be an exhaustive list of all responsibilities, duties, and skills required for the position. While this is intended to be an accurate reflection of the current job, the Company reserves the right to revise the job or to require that other or different tasks, duties, and responsibilities be performed as assigned, or to otherwise change this job description at any time with or without notice.

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