Wholesale Mortgage Exec: Broker Relationships & Uncapped Pay

Benchmark Mortgage (NMLS #2143)

Newark (NJ)

On-site

USD 36,000 - 54,000

Full time

2 days ago
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Benefits offered by this job

Medical, dental, and vision insurance
Short-term and long-term disability
401(k) and Roth 401(k) with company  匹
Company-provided life insurance
8 paid holidays

Job summary

11 Mortgage is seeking a Wholesale Account Executive to source and maintain relationships with mortgage brokers. The role focuses on driving referrals, presenting loan options, and educating partners on procedures to speed underwriting, locking, and closing.

The position requires a strong service mindset, sales experience, and knowledge of mortgage lending compliance; travel may be involved as part of networking efforts.

Qualifications

  • Minimum of three (3) years wholesale mortgage lending sales experience.
  • High school diploma or equivalent required. Some college preferred.
  • Knowledge of local, state, and federal lending laws (TILA, RESPA, HMDA, etc.).
  • Strong communication and customer service orientation.
  • Ability to prioritize and multi-task in a fast-paced environment.

Responsibilities

  • Establish and maintain relationships with mortgage brokers and mortgage bankers to generate business referrals.
  • Present loan products, pricing, point of contacts, and business model to prospective and existing customers.
  • Educate brokers and banking partners on 11 Mortgage procedures to expedite underwriting, locking, and closing.
  • Act as the mediator between external partners and 11 Mortgage operations.
  • Extend the 11 Mortgage name through networking, conferences, and social media.
  • Other duties as assigned.

Skills

Strong communication
Relationship building
Customer service oriented
Prioritization & multitasking
Lending laws knowledge (TILA/RESPA/HM—
Market adaptability
Mortgage loan process knowledge

Education

High school diploma or equivalent
Some college preferred

Job description

11 Mortgage is seeking a Wholesale Account Executive to source and maintain relationships with mortgage brokers. The role focuses on driving referrals, presenting loan options, and educating partners on procedures to speed underwriting, locking, and closing.

The position requires a strong service mindset, sales experience, and knowledge of mortgage lending compliance; travel may be involved as part of networking efforts.

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