Mortgage Mini-Correspondent Program Manager - Build and Run Our Correspondent Channel
Only freelancers located in the U.S. may apply.U.S. located freelancers only
We are a fast-growing, well-capitalized Montana mortgage brokerage stepping up from broker to mini-correspondent. We're looking for an experienced mortgage secondary marketing / correspondent operations professional to build the program from scratch and then run it with us on an ongoing fractional basis. PHASE 1 - BUILD (first 60-90 days) - Stand up warehouse line relationships - application through approval, covenant tracking - Obtain correspondent/seller approvals with takeout investors - Design funding, shipping, and post-closing workflows - closing docs, collateral delivery, purchase advice reconciliation - Build lock desk procedures for best-efforts delivery - Support state lender licensing and the policy/procedure documentation that comes with it PHASE 2 - RUN (ongoing, part-time) - Manage day-to-day funding operations - warehouse draws, wires, collateral shipping, loan sale settlement - Run the lock desk and investor relationships - Monthly warehouse reporting and covenant compliance - QC oversight YOU SHOULD HAVE - 5+ years in mortgage secondary marketing or correspondent operations - Hands-on experience taking a broker shop to mini-correspondent (or standing up an emerging correspondent program) - this is the single most important qualification - Deep familiarity with best-efforts delivery, purchase advices, and warehouse bank operations - Working knowledge of TRID timelines and state lender licensing processes STRUCTURE Expect roughly 15-25 hours/week during the build phase, settling to 10-15 hours/week steady-state. US-based required. We are a lean, fast-moving shop - you'll work directly with the managing partner, decisions get made same-day, and the program you build is yours to run long term. In your proposal, briefly describe the correspondent or mini-correspondent program you've stood up before - which warehouse banks and investors you worked with and what monthly volume it reached.
- More than 30 hrs/weekHourly
- 6+ monthsDuration
- ExpertExperience Level
$50.00
-
$60.00
Hourly- Remote Job
- Ongoing projectProject Type
Skills and Expertise
Activity on this job
- Proposals:Less than 5
- Last viewed by client:3 days ago
- Interviewing:2
- Invites sent:8
- Unanswered invites:8
About the client
- USAHelena11:02 AM
- $32K total spent10 hires, 6 active
- 458 hours
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