Wholesale Loan Processor

Carrington Mortgage Services
Oct 18, 2016
Oct 19, 2016
Employer Type
Direct Employer
Employment Type
Full Time
Wholesale Loan Processor

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Carrington Mortgage Services, LLC

Position Type


More information about this job:


Carrington Mortgage Services is a fully integrated mortgage company with mortgage lending and servicing operations and an affiliated real estate brokerage. We are part of Carrington Holding Company, LLC , which owns and operates multiple businesses that cover virtually every aspect of single family residential real estate transactions.

Why Carrington

Competitive Base Pay plus Monthly Incentive

+ 3 Weeks-Vacation

+ Advancement Opportunities

+ Strength and Stability

+ Diverse Product Mix. Ability to go down to a 550 FHA Fico

+ Full Medical Benefits-

Visit to learn more about us! Or check out this video of our President Ray Brousseau on Military Makeover!


As a result of our continuing growth and success, Carrington Mortgage Services, LLC is seeking Dynamic Account Managers for our Wholesale Division! The Account Manager will provide processing and sales support for loan applications received from Wholesale Loan Brokers. They will work with assigned Account Executives and Brokers to facilitate the management of the loan applications from submission to closing. Duties and Responsibilities: • Main contact of communication and support between the Broker and the various departments and individuals of the company throughout the process of the loan, including but not limited to Account Executive(s), Underwriting, Quality Control, Docs and Funding • Assist with the loan registration of a new submission when necessary (which includes but is not limited to the set-up of the loan file in Encompass 360 running of the credit report, Fraudguard and the stacking of the loan file • Pull or verify credit reports, flood certs and review appraisals as needed • Ensure compliance deadlines are met with regards to pre-disclosures, approval letters, cancellation and declinations • Monitor incoming documents from Broker verifying the data collected and submitted by brokers • Obtain necessary stipulations from brokers and clears any stipulations prior to funding as required by underwriting • Proactively monitor pipeline to ensure timely funding of loans • Constant communication with Account Executives regarding their pipelines and Brokers• Enter required data in computer system and maintain the accuracy of the data • Inform the Broker and Account Executive about any discrepancies in the title, appraisals, credit, employment, income and other related items in the loan file • Order Verifications of Employment and Deposit to assist with the prefunding QC process • Assist departmental support staff when necessary • Perform other related duties as assigned


EDUCATION, EXPERIENCE AND/OR LICENSES: • Associate's or Bachelor's degree preferred with a combination of experience• Three to five years of experience as a Wholesale Account Manager or mortgage Loan Processor with multiple Brokers, Account Executives, Investors and loan products. Must demonstrate thorough knowledge of all aspects of wholesale loan production and mortgage loan processing• Moderate computer skills and working knowledge of Microsoft Office products • Ability to communicate effectively both verbally and in writing. • Excellent computer skills and working knowledge of Microsoft Office products • Encompass 360 experience preferred • Strong customer service skills • Ability to organize, prioritize workload, meet deadlines and handle detailed assignments • Equipment - Office machines such as computer, copiers, fax machines

EEO/AAP Employer fcc295e69fd94f289e0eca14a454c2b6