Sr Account Executive (Wholesale Lending Non QM)

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Hiring Remotely in Location, WV, USA
Remote
Financial Services
The Role
Company Description

Summit Funding, Inc DBA Lead + Wholesale Lending, where innovation meets expertise.  

At Lead+, our passion and proficiency in non-QM lending shine through. We leverage deep market insights and innovative approaches to deliver flexible lending solutions that meet diverse needs.

Our commitment extends beyond lending; we're passionate about personal development for mortgage brokers. At our core, we aim to enhance your sales and marketing skills, adding value to your business.

Explore us further at Lead+ Wholesale Lending - Leading the Way in Non-QM Lending

Job Description

Lead Plus Wholesale is looking for experienced Account Executives in the NQM space to add to our Sales Team. 

Join our team and experience top-tier service levels and turnaround times. Benefit from comprehensive in-house operations support and guidance from a dedicated non-producing sales manager. Our skilled team specializing in Non-QM credit and underwriting ensures prompt, in-house decision-making, and we are flexible with exceptions given compensating factors.

We offer a competitive compensation package that includes a competitive commission structure, 401(k), and health benefits. Each Account Executive will have access to a state-of-the-art CRM with mobile accessibility and will benefit from a personalized, innovative mortgage marketing campaign.

Highlights:

  • Lead Plus Wholesale, a nationwide wholesale lender is backed by Summit Funding, a privately owned mortgage company with 30 years in retail lending.
  • Competitive product mix including DSCR (2-4 units and 5-8 units), Bank Statement, P&L, Foreign National, ITIN, etc.
  • In-house operations staff including dedicated Account Managers and in-house Underwriting, no 2nd Signs for loan amounts under 3.5M
  • Dedicated non-producing Sales Manager Leadership
  • Exceptions made with compensating factors
  • Innovated Mortgage Marketing program designed for each Account Executive
  • State of the art CRM with Moblie access
  • Great compensation based on Commissions, 401k plus match, Health Benefits, etc.

Duties include:

  • Engage with Client and Prospective Client database through multiple markets including Phone, Email, Direct Marketing, social media tools
  • Communicate / Develop relationships with Operations / Fulfillment team members.
  • Provide market intelligence.
  • Have fluency of industry knowledge and enhance your expertise through training, industry publications, lending bulletins.
  • Be a subject matter expert on the Organization’s Lending policies, procedures, products, and technology.
  • Conduct group presentations over phone/video to promote the Organization’s Value Proposition and present our process, product, and technology platforms.
  • Provide excellent service through disciplined follow-up and guidance to our Broker Partners
  • Strong sales skills and knowledge of the mortgage lending business.
  • Communicate and work with Account Managers as necessary to ensure desired production results.
  • Continue and participate with training brokers and stay in connection with company processes and guidelines.
  • Help new brokers with Lead+ approval process to conduct business with Lead+.
  • Educate mortgage brokers with loan products, pricing, and point of contact, and be the one who communicates with prospective/existing brokers.
  • Speak and correspond with accounts on a daily to ensure their utmost satisfaction.

Account Executives are paid minimum wage plus commissions on the sales closed. Our compensation structure provides you with the opportunity to earn based on your performance.

TPO

Qualifications

  • Recent experience as an Account Executive in Wholesale Lending.
  • Proven production history and established broker base. 
  • Ideal candidate will have established broker relationships and the ability to fund $3M on a monthly basis.
  • Strong knowledge in "non-QM" Paper and 2nd lien programs.
  • Excellent networking and negotiation skills.
  • Excellent verbal, written, and interpersonal communications skills.
  • Must be detail-oriented, organized, and disciplined.
  • Ability to learn quickly and apply that knowledge along with the ability to work in a fast-paced team environment.
  • Ability to work remotely to establish, maintain and grow relationships, face to face if local over the phone, email, or other electronic forums.

Additional Information

All your information will be kept confidential according to EEO guidelines.

Summit Funding Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Summit Funding and has not been reviewed or approved by Summit Funding.

  • Strong & Reliable Incentives Commission-heavy production roles can offer high upside when pipelines are strong, and top performers cite substantial earnings potential. Feedback suggests incentive structures and accelerators enable strong outcomes in favorable markets.
  • Leave & Time Off Breadth Job materials indicate paid time off and around 11 paid holidays are standard, providing a baseline cushion for time away. This breadth is presented consistently across roles.
  • Career-Linked Recognition & Rewards Producer recognition such as all-inclusive trips for top performers and structured coaching/mentoring are emphasized. These elements tie rewards and development directly to performance.

Summit Funding Insights

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The Company
HQ: Sacramento, CA
1,131 Employees
Year Founded: 1995

What We Do

Summit Funding, Inc. is more than just a mortgage company. We are a group of individuals with a common goal to be our best and encourage all others around us to do the same. Armed with our yes you can mindset, we empower our partners, clients, and employees to achieve new heights both in our industry and beyond. Since founding Summit Funding in 1995, Todd Scrima has built the company to what it is today, a Top 30 Mortgage Lender nationwide with over 80 locations and over 300 loan originators. We’re on a mission to provide a better experience for those looking to achieve their homeownership goals, from purchasing, refinancing, and everything in between. At Summit, the customer genuinely comes first. Each of our home loan experts dedicates themselves to this mission by providing quality mortgage services, developing deeper personal relationships, and attaining real results. We know we are part of something greater than ourselves and that’s what makes Summit Funding unique in a crowded marketplace. Summit Funding, Inc. NMLS ID# 3199 (www.nmlsconsumeraccess.org). Licensed by CA Dept of Business Oversight #6072526, CA Bureau of Real Estate #01220358, AZ Lic# 0925837, GA Lic# 39456, Illinois Residential Mortgage Licensee. Equal Housing Opportunity

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