Correspondent Mortgage Purchaser

Job Summary

A company is looking for a Correspondent Mortgage Purchaser who will evaluate, prepare closing packages, purchase, and manage loans originated by correspondent lenders.

Key Responsibilities

• Prepare closing packages for emerging bankers in the non-delegated correspondent channel
• Review and purchase closed mortgage loans from approved correspondent lenders
• Analyze loan files for compliance with investor guidelines, credit policy, and regulatory requirements

Required Qualifications

• BA or BS preferred; high school diploma or GED required
• 2-5 years of experience in mortgage operations, underwriting, correspondent lending, or loan purchasing
• Strong knowledge of agency guidelines (Fannie Mae, Freddie Mac, FHA, VA)
• Understanding of mortgage compliance and regulatory requirements
• High attention to detail and strong analytical skills