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Vp Mortgage Jobs (NOW HIRING)

Pennymac

VP Mortgage Finance

Westlake Village, CA · On-site

$95K - $155K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

A Typical Day The Vice President Mortgage Finance will negotiate, facilitate and manage the contractual and logistical process of bulk residential whole-loan purchases/sales, commercial loan sales ...

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How much do vp mortgage jobs pay per year?

As of Aug 13, 2026, the average yearly pay for vp mortgage in the United States is $131,763.00, according to ZipRecruiter salary data. Most workers in this role earn between $96,000.00 and $149,000.00 per year, depending on experience, location, and employer.

What are some common challenges faced by a VP Mortgage, and how is success measured in this role?

A VP Mortgage often encounters challenges such as keeping up with changing regulations, overseeing loan portfolio quality, and driving growth in a competitive market. Success is typically measured by key performance indicators like loan volume growth, default rates, compliance audit results, and the performance of the mortgage team. Collaborating with underwriters, loan officers, and compliance professionals is essential to streamline processes and achieve organizational goals. As a VP, you’ll also be expected to implement strategic initiatives and foster an agile, high-performing team environment.

What is a VP Mortgage?

A VP Mortgage, or Vice President of Mortgage, is a senior leadership role in the mortgage lending industry. They oversee mortgage operations, manage lending policies, and ensure compliance with financial regulations. Their responsibilities may include developing loan strategies, leading teams, and maintaining relationships with borrowers and financial partners. This role requires extensive experience in mortgage lending, financial analysis, and risk management. Strong leadership and communication skills are essential for success.

What are the key skills and qualifications needed to thrive as a VP Mortgage?

To thrive as a VP Mortgage, you need deep expertise in mortgage lending, financial analysis, regulatory compliance, and leadership, typically supported by a bachelor's degree in finance, business, or a related field. Familiarity with loan origination systems, underwriting software, and regulatory guidelines such as CFPB and FNMA/FHLMC standards is crucial. Strong negotiation, strategic planning, and interpersonal skills help foster client relationships and lead effective teams. These competencies are essential for ensuring loan portfolio growth, minimizing risk, and maintaining regulatory compliance in a competitive mortgage market.

More about Vp Mortgage jobs
What cities are hiring for Vp Mortgage jobs? Cities with the most Vp Mortgage job openings:
What are the most commonly searched types of Mortgage jobs? The most popular types of Mortgage jobs are:
What states have the most Vp Mortgage jobs? States with the most job openings for Vp Mortgage jobs include:
What job categories do people searching Vp Mortgage jobs look for? The top searched job categories for Vp Mortgage jobs are:
Vp Mortgage jobs near you
Infographic showing various Vp Mortgage job openings in the United States as of August 2026, with employment types broken down into 95% Full Time, 4% Part Time, and 1% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $131,763 per year, or $63.3 per hour.

VP Mortgage Finance

Pennymac

Westlake Village, CA • On-site

$95K - $155K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 21 days ago

Job description

PENNYMAC
Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market.
At Pennymac, our people are the foundation of our success and at the heart of our dynamic work culture. Together, we work towards a unified goal of helping millions of Americans achieve aspirations of homeownership through the complete mortgage journey.
A Typical Day
The Vice President Mortgage Finance will negotiate, facilitate and manage the contractual and logistical process of bulk residential whole-loan purchases/sales, commercial loan sales, servicing rights acquisitions/sales as well as derivative transactions, including MSFTAs and ISDAs. As the VP Mortgage Finance, you will manage transactions while fostering client relationships and business growth.
The VP Mortgage Finance will:
  • Review and negotiate all forms of mortgage related transaction documents
  • Create value via structure concepts during contract negotiations with counter-parties
  • Translate highly complex problems into easily understood components and actionable objectives
  • Prepare portfolio risk analyses to Pennymac's Investment Committee, including summaries of credit, compliance and servicing-related issues
  • Assist with business development initiatives and coordinate deal structures depending on asset types
  • Execute any remediation required based on findings from in-process and post due diligence quality control audits
  • Perform other related duties as required and assigned
  • Demonstrate behaviors which are aligned with the organization's desired culture and values

What You'll Bring
  • Bachelor's degree, preferably in Business Finance or related field
  • Post graduate degree or equivalent preferred
  • 5+ years of relevant work experience
  • Strong understanding of advanced concepts of mortgage finance
  • Intermediate knowledge of Microsoft Office (Excel, Word and PowerPoint)

Why You Should Join
As one of the top mortgage lenders in the country, Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of home. Our vision is to be the most trusted partner for home. Together, 4,000 Pennymac team members across the country are guided by our core values: to be Accountable, Reliable and Ethical in all that we do. Pennymac is committed to conducting a business that makes positive contributions and promotes long-term sustainable growth and to fostering an equitable and inclusive environment, where all employees and customers feel valued, respected and supported.
Benefits That Bring It Home: Whether you're looking for flexible benefits for today, setting up short-term goals for tomorrow, or planning for long-term success and retirement, Pennymac's benefits have you covered. Some key benefits include:
  • Comprehensive Medical, Dental, and Vision
  • Paid Time Off Programs including vacation, holidays, illness, and parental leave
  • Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
  • Retirement benefits, life insurance, 401k match, and tuition reimbursement
  • Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships

To learn more about our benefits visit: https://pennymacnews.page.link/benefits
For residents with state required benefit information, additional information can be found at: https://www.pennymac.com/additional-benefits-information
Compensation: Individual salary may vary based on multiple factors including specific role, geographic location / market data, and skills and experience as defined below:
  • Lower in range - Building skills and experience in the role
  • Mid-range - Experience and skills align with proficiency in the role
  • Higher in range - Experience and skills add value above typical requirements of the role

Some roles may be eligible for performance-based compensation and/or stock-based incentives awarded to employees based on company and individual performance.
Salary
$95,000 - $155,000
Work Model
OFFICE

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