Correspondent Account Executive

Deephaven-Mortgage-2; Massachusetts; On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

Flexible Time to Recharge

Future Finance Focused

Community Connect

Health from Day One

Family Matters

Culture & Celebrations

Ideas Welcome

Guidance & Growth

Perk Up

Job summary

Deephaven Mortgage is seeking a Correspondent Account Executive to develop and maintain relationships with correspondent lending partners to drive origination and funding of non-QM loans.

The role involves identifying new business opportunities, managing accounts, and providing exceptional support while meeting production goals and maintaining compliance. A Bachelor’s degree and 3+ years in mortgage sales or related fields are preferred.

Qualifications

• Bachelor’s degree in business, finance, or related field is preferred.
• Minimum 3+ years in mortgage sales, account management, or correspondent lending.
• Strong understanding of non-QM mortgage programs, underwriting guidelines, and industry regulations.
• Excellent communication, negotiation, and presentation skills.
• Self-motivated, goal-oriented, and able to work independently.
• Proficiency in CRM tools and mortgage software platforms.

Responsibilities

• Business Development: Identify and recruit new correspondent lenders to expand the company’s portfolio.
• Account Management: Serve as the primary contact for accounts, guiding loan scenarios and timelines.
• Product Expertise: Maintain in-depth knowledge of non-QM products, guidelines, and trends; educate lenders.
• Compliance and QA: Ensure loans meet policies, investor requirements, and regulatory standards.
• Reporting and Communication: Provide updates on performance, pipeline, and market intelligence.

Skills

Business development

Account management

Communication

Negotiation

Presentation

CRM tools

Non-QM knowledge

Independent work

Relationship building

Training/mentoring

Education

Bachelor’s degree in business, finance, or related field

Tools

CRM software

Mortgage software platforms

Job description

Why Deephaven Mortgage?Deephaven Mortgage has been a pioneer and leader in non-QM since our origin in 2012. Our longevity and strength in the non-QM space has allowed a significant number of borrowers to achieve homeownership who otherwise would not have under traditional requirements. Deephaven champions mortgage borrowers whose independence, entrepreneurial drive and determination are often the very reason they cannot qualify for a traditional loan.We continuously and responsibly innovate new mortgage products and programs that put homeownership within reach of millions of borrowers and investors that need and deserve financing through lending ingenuity that is supported by common-sense underwriting.Deephaven is comprised of two lending platforms. Our wholesale channel offers loans through a network of over 1,000 independent mortgage brokers. Our correspondent channel buys loans from over 200 correspondent partners.Deephaven’s headquarters are in Charlotte, North Carolina. To learn more about our innovative loan solutions please visit www.deephavenmortgage.com or email us at [e-mail] Deephaven Mortgage?Deephaven Mortgage has been a pioneer and leader in non-QM since our origin in 2012. Our longevity and strength in the non-QM space has allowed a significant number of borrowers to achieve homeownership who otherwise would not have under traditional requirements. Deephaven champions mortgage borrowers whose independence, entrepreneurial drive and determination are often the very reason they cannot qualify for a traditional loan.We continuously and responsibly innovate new mortgage products and programs that put homeownership within reach of millions of borrowers and investors that need and deserve financing through lending ingenuity that is supported by common-sense underwriting.Deephaven is comprised of two lending platforms. Our wholesale channel offers loans through a network of over 1,000 independent mortgage brokers. Our correspondent channel buys loans from over 200 correspondent partners.Deephaven’s headquarters are in Charlotte, North Carolina. To learn more about our innovative loan solutions please visit www.deephavenmortgage.com or email us at [e-mail] OverviewThe Correspondent Account Executive is responsible for developing and maintaining relationships with correspondent lending partners to drive the origination and funding of non-QM loans. This role involved identifying new business opportunities, managing accounts, and providing exceptional support to correspondent lenders. The Correspondent Account Executive serves as a trusted advisor, ensuring partners understand our products and guidelines, while meeting production goals and maintaining compliance standards.What You’ll DoBusiness Development:Identify and recruit new correspondent lenders to expand the company’s portfolioBuild and maintain strong relationships with existing correspondent accounts to maximize productionDevelop and execute strategies to meet and exceed sales targetsAccount Management:Serve as the primary point of contact for assigned accounts, providing guidance on loan scenarios, products, and guidelines.Monitor and manage the loan pipeline to ensure timely submissions, approvals, and fundingsCollaborate with operations, underwriting, and closing teams to resolve issues and ensure a smooth processProduct Expertise:Maintain in-depth knowledge of non-QM products, guidelines, and industry trendsEducate correspondent lenders on non-QM offerings and how to effectively market them to their borrowersProvide training and support on the company’s processes, technology platformsCompliance and Quality Assurance:Ensure all loans submitted by correspondent lenders meet company policies, investor requirements, and regulatory standardsAssist in resolving deficiencies or compliance issues identified during the loan processMonitor account performance and address any quality control concernsReporting and Communication:Provide regular updates to management on account performance, market trends, and competitive intelligenceDeliver detailed reporting on production metrics, pipeline status, and business development activitiesWhat We NeedBachelor’s degree in business, finance, or related field (preferred)Minimum 3 plus years of experience in mortgage sales, account management, or correspondent lending, preferably with non-QM productsStrong understanding of non-QM mortgage programs, underwriting guidelines, and industry regulationsProven ability to develop and maintain successful business relationshipsExcellent communication, negotiation, and presentation skillsSelf-motivated, goal- oriented, and capable of working independentlyProficiency in CRM tools and mortgage software platformsOur PerksFlexible Time to Recharge – Personalized Time Off for What Matters (because rest isn't one-size fits all)Future Finance Focused – Generous employer-matched 401(k) planCommunity Connect– Philanthropy Committee that creates charitable initiativesHealth from Day One – Comprehensive health insurance starting on day one of employmentFamily Matters – Competitive maternity and paternity leaveCulture & Celebrations – Culture Committee with team-building events and celebrationsIdeas Welcome – Encouraging thought leadership and innovationGuidance & Growth – Mentorship opportunities for career developmentPerk Up – Exclusive discounts on travel, tech, pets, legal, and morePrivacy PolicyThis organization participates in E-VerifyOur PerksFlexible Time to Recharge – Personalized Time Off for What Matters (because rest isn't one-size fits all)Future Finance Focused – Generous employer-matched 401(k) planCommunity Connect– Philanthropy Committee that creates charitable initiativesHealth from Day One – Comprehensive health insurance starting on day one of employmentFamily Matters – Competitive maternity and paternity leaveCulture & Celebrations – Culture Committee with team-building events and celebrationsIdeas Welcome – Encouraging thought leadership and innovationGuidance & Growth – Mentorship opportunities for career developmentPerk Up – Exclusive discounts on travel, tech, pets, legal, and more