Sr. Correspondent Purchaser

CCM CrossCountry Mortgage, LLC; Irvine (CA); On-site; USD 110,000 - 155,000; Full time

Benefits offered by this job

Competitive compensation plan

Robust benefits package (medical, dent

Vision, 401K

Short-term disability

Employee assistance program

Wellness program

Job summary

CrossCountry Mortgage, LLC is hiring a Sr. Correspondent Purchaser in Irvine to oversee end-to-end purchase of closed correspondent loans.

You will act as the primary liaison with seller partners, ensure documentation quality, and resolve title and funding issues while aligning with investor requirements. You will collaborate with internal teams to maintain data accuracy in LOS, monitor pipelines, and stay current on regulatory changes that affect purchasing procedures.

Qualifications

• Bachelor’s degree or equivalent combination of related education and work experience.
• 5+ years in mortgage industry in correspondent lending, loan purchase, post-closing, or due diligence.
• Experience managing multiple purchase files and prioritizing tasks to meet deadlines.
• Advanced knowledge of loan documentation, collateral review, title clearance, and investor requirements.
• Attention to detail with commitment to accuracy and compliance.
• Ability to work independently while contributing to a team.
• Excellent communication, relationship management, and problem-solving skills.
• Proficiency in Microsoft Office (Word, Excel, Outlook).
• Proficiency in Loan Origination Systems.

Responsibilities

• Review and audit closed correspondent loan packages for accuracy and compliance.
• Identify and resolve all pre-purchase conditions including liens and title issues.
• Maintain clear communications with sellers to clear conditions and expedite purchases.
• Enter, verify, and manage loan data in the LOS and tracking tools.
• Coordinate with QC, Funding, and Accounting to reconcile discrepancies and funding transfers.
• Ensure purchases comply with federal/state laws and investor requirements.
• Monitor pipelines to ensure timely certification and purchase.
• Stay updated on regulatory changes affecting purchasing procedures.
• Serve as SME and mentor junior staff on correspondent purchasing practices.
• Participate in process improvements to enhance efficiency and loan quality.

Skills

Communication

Relationship management

Problem solving

Attention to detail

Independent work

Multitasking

Microsoft Office

Education

Bachelor’s degree or equivalent

Tools

Loan Origination Systems

Microsoft Office (Word, Excel, Outlook)

Job description

CrossCountry Mortgage (CCM)is the nation's number one distributed retail mortgage lender with more than 9,000 employees operating over 700 branches and servicing loans across all 50 states, D.C. and Puerto Rico. Our company has been recognized ten times on the Inc. 5000 list of America's fastest-growing private businesses and has received many awards for our standout culture. A culture where you can grow! CCM has created an exceptional culture driving employee engagement, exceeding employee expectations, and directly impacting company success. At our core, our entrepreneurial spirit empowers every employee to be who they are to help us move forward together. You’ll get unwavering support from all departments and total transparency from the top down. CCM offers eligible employees a competitive compensation plan and a robust benefits package, including medical, dental, vision, as well as a 401K. We also offer company-provided short-term disability, an employee assistance program, and a wellness program.

Position Overview

The Sr. Correspondent Purchaser is responsible for overseeing the end-to-end purchase process for closed correspondent loans. This role acts as the primary liaison with seller partners, ensuring that all documentation, collateral, and title issues are resolved and that loans meet strict company and investor requirements. The Sr. Correspondent Purchaser safeguards loan quality, mitigates risk, and ensures timely certification and funding, while maintaining communication and collaboration with internal teams and external sellers.

Job Responsibilities

• Review and audit closed correspondent loan packages to confirm accuracy, completeness, and compliance with company policies and investor guidelines.
• Proactively identify and resolve all prior-to-purchase conditions, including liens, title exceptions, signature/endorsement discrepancies, settlement statements, and funding authorizations.
• Maintain clear, ongoing communications with sellers to facilitate timely clearance of conditions and a smooth purchase process.
• Enter, verify, and manage loan purchase data in the Loan Origination System (LOS) and related tracking tools, ensuring accuracy and pipeline visibility.
• Coordinate with internal Quality Control, Funding, and Accounting teams to reconcile discrepancies, validate wire instructions, confirm fees, and complete funding transfers.
• Ensure all purchases are executed in full compliance with federal and state lending regulations as well as investor requirements.
• Monitor purchase pipelines to ensure loans are certified and purchased within required timelines.
• Stay current with regulatory updates and investor policy changes that affect closing and purchasing procedures.
• Serve as a subject matter expert and provide mentorship or guidance to junior staff on correspondent purchasing practices.
• Participate in process improvement initiatives, contributing ideas to strengthen efficiency and loan quality controls.
• Perform additional duties as assigned to support business objectives.

Qualifications and Skills

• Bachelor’s degree or equivalent combination of related education and work experience.
• 5+ years of mortgage industry experience in correspondent lending, loan purchase, post-closing, or due diligence.
• Experience in successfully managing multiple purchase files and prioritizing tasks to meet tight deadlines.
• Advanced knowledge of loan documentation, collateral review, title clearance, and investor purchase requirements.
• Excellent attention to detail with a commitment to accuracy and compliance.
• Skilled in working independently with little supervision while contributing effectively to collaborative team environments.
• Excellent communication, relationship management, and problem-solving skills.
• Proficiency in Microsoft Office (Word, Excel, Outlook).
• Proficiency in Loan Origination Systems.

This job description is intended to convey information essential to understanding the scope of the job and the general nature and level of work performed by job holders within this job. However, this job description is not intended to be an exhaustive list of qualifications, skills, efforts, duties, responsibilities or working conditions associated with the position. CrossCountry Mortgage, LLC offers MORE than a job, we offer a career.

CrossCountry Mortgage, LLC strives to provide employees with a robust benefit package:

• competitive compensation plan
• robust benefits package, including medical, dental, vision, as well as a 401K
• company-provided short-term disability
• employee assistance program
• wellness program

California residents: Please see CrossCountry’s privacy statement for information about how CrossCountry collects and uses personal information about California applicants.

CrossCountry Mortgage supports equal employment opportunity in hiring, development and advancement for all qualified persons without regard to race, color, religion, religious creed, national origin, age, physical or mental disability, ancestry, marital status, uniformed service, covered veteran status, citizenship status, sex (including pregnancy, childbirth, and related medical conditions, and lactation), sexual orientation, gender identity, gender expression, transgender status, domestic violence victim status (where applicable), protected hair style or texture, genetic information (testing or characteristics), or any other protected status of an individual or because of the individual’s association with a member of a protected group or any other characteristic protected by federal, state, or local law (“Protected Characteristics”). The collective sum of the individual differences, life experiences, knowledge, inventiveness, innovation, self-expression, unique capabilities and talent that our employees invest in their work represents a significant part of not only our culture, but our reputation. The Company is committed to fostering, cultivating and preserving a culture that welcomes diversity and inclusion.

CrossCountry Mortgage, LLC (NMLS3029) is an FHA Approved Lending Institution and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. To verify licensing, please visit www.NMLSConsumerAccess.org.

Our growth is creating great opportunities! Our team is expanding, and we want to hire the most talented people we can. Continued success depends on it!

Thanks for your interest in working on our team! Our Work Experience is the combination of everything that’s unique about us: our culture, our core values, our company meetings, our commitment to sustainability, our recognition programs, but most importantly, it’s our people. Our employees are self-disciplined, hard working, curious, trustworthy, humble, and truthful. They make choices according to what is best for the team, they live for opportunities to collaborate and make a difference, and they make us the #1 Top Workplace in the area.