HomeXpress – Your Leading Non-QM Mortgage Lender.
Join our growing team and be part of the Top Non-QM Lender in the Business.
We are known for closing mortgage loans with speed, ease, and convenience.
Licensed in 46 States, we provide brokers with a full suite of mortgage products, including VA, FHA, & FHLMC.
If you have a service first mentality and thrive in a fast-paced environment, HomeXpress is the place for you.
Join us as we continue to grow and expand our business to the Non-Delegated Correspondent Channel!
Job DescriptionStaff Accountant
Department: Accounting / Finance
Reports To: Accounting Manager or Controller
Position Summary
The Staff Accountant is responsible for supporting the accounting and financial reporting processes associated with mortgage loan origination and loan sale activities. This role focuses on loan-level accounting, gain-on-sale accounting, and reconciliation of mortgage banking activity, including loans held for sale, warehouse borrowings, and investor settlements.
The position requires extensive use of Excel-based loan-level analysis to prepare journal entries, perform reconciliations, and support the month-end close process. The ideal candidate will possess strong analytical skills, attention to detail, and the ability to reconcile large volumes of transactional data to the general ledger.
Key Responsibilities
Loan-Level Accounting and LHFS Activity
- Daily recording of loan-level activity, including fundings, sales, and payoffs.
- Reconcile loan-level data from the loan origination system (LOS) to accounting records.
- Investigate and resolve discrepancies between loan-level activity and general ledger balances.
- Develop and record estimated interest accruals.
Loan Sale Settlement Accounting
- Record journal entries associated with:
- Origination fees and costs
- Record journal entries related to loan sale proceeds, gain-on-sale recognition, and fair value adjustments to loans held for sale.
Warehouse Line and Funding Accounting
- Record and reconcile activity related to warehouse lines of credit, including loan fundings, paydowns, and interest.
- Reconcile warehouse line balances to lender statements and internal loan funding records.
- Assist with tracking loan funding activity and ensuring accurate accounting for warehouse borrowings.
Excel-Based Data Analysis
- Analyze large loan-level datasets using advanced Excel tools such as pivot tables, lookups, and structured data analysis.
- Maintain detailed Excel reconciliation workbooks supporting accounting balances.
- Ensure traceability between loan-level system data, supporting schedules, and the general ledger.
Financial Close and Reporting
- Support the monthly and quarterly close process by preparing journal entries, reconciliations, and supporting schedules.
- Prepare and maintain account reconciliations.
- Provide variance analysis and explanations related to assigned accounts.
Audit and Compliance Support
- Prepare workpapers and supporting documentation for internal and external audits.
- Assist in responding to audit requests related to mortgage loan accounting activity.
- Maintain organized documentation supporting accounting conclusions and journal entries.
Qualifications
Education
- Bachelor’s degree in Accounting, Finance, or a related field.
Experience
- 1–3 years of accounting experience, preferably in:
- Mortgage banking
- Financial services
- Loan accounting or loan operations
- Experience working with loan-level transactional data preferred.
Technical Skills
- General Microsoft Excel proficiency required, including:
- Pivot tables
- VLOOKUP / XLOOKUP
- Data reconciliation techniques
- Experience with general ledger or ERP systems.
- Familiarity with loan origination systems (LOS) or mortgage servicing systems is a plus.
Core Competencies
- Strong attention to detail and analytical ability
- Ability to work with large datasets and complex reconciliations
- Strong organizational and documentation skills
- Ability to meet deadlines in a fast-paced mortgage banking environment
- Effective communication and collaboration skills
All your information will be kept confidential according to EEO guidelines.
Top Skills
What We Do
HomeXpress Mortgage Corp is a Top 3 Non-QM wholesale lender. We also offer FHA, VA, Prime Jumbo, and Conventional loans. We have been servicing the Non-QM market since 2015. We are experts at finding loan solutions for those unable to qualify for traditional home financing. Our executive management team has a combined 150+ years of industry experience and we’ve earned the National Mortgage Professional magazine’s Most Loved Employer in 2022. HomeXpress Mortgage also has a great company culture, tremendous growth opportunities, and competitive employee benefits. HomeXpress Mortgage Corp. is affiliated with Seer Capital Management, a well-respected investment manager in New York, as the Company’s senior advisor and capital partner. Seer Capital Management LP is a diversified, credit-focused investment firm founded by Philip Weingord in 2008 that primarily invests in structured credit and loans. Seer Capital has approximately $755mm in assets under management as of November 1, 2022. The firm has 26 employees and has been a registered investment advisor with the U.S. Securities and Exchange Commission (SEC) since 2009. We are currently licensed in AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, IA, ID, IL, IN, KS, LA, MD, ME, MI, MN, MT, NC, NE, NH, NJ, NV, OH, OR, PA, RI, SC, TN, TX, UT, VA, WA, and WI* HomeXpress Mortgage Corp. NMLS# 1446044. (https://www.nmlsconsumeraccess.org/EntityDetails.aspx/COMPANY/1446044) Equal Housing Lender.
