Mortgage Processing Manager
Preferred Rate
Job Description
Job Description
Job Description
Our team is growing very quickly and is looking for an experienced mortgage pipeline manager who has a proven record of fully managing a team's loan pipeline to allow the originator to keep building. You'll help build our dream team, train, and mentor them to maximize production and quality control levels. We offer the talent, the team, and the internal support to take your career to the next level.
If this sounds like you, start your application today!
Compensation:$60,000 - $80,000 yearly
Responsibilities:
- Remedy, resolve or escalate customer service issues in a professional way.
- Estimate accurate monthly home loan funding goals and metrics forecast by creating pipeline management process
- Build a positive work environment through helpful relationships with additional team stakeholders: mortgage servicers, underwriters, mortgage operations manager/branch managers, and mortgage loan officers to ensure the loan transaction progresses smoothly
- Ensure that team members adhere to all state and federal regulations, mortgage lending and underwriting guidelines, and RESPA requirements while verifying loan applications from prospective home buyers, creating loan files, and processing loan closings
- Motivate, mentor, and assist team members to exceed daily, monthly, quarterly, and yearly goals and KPIs
- Make sure loans are being submitted with everything needed for successful underwriting reviews.
- Make sure timelines and deadlines are being met.
Qualifications:
- Multiple years (3-5) of high volume loan processing experience as a team lead in mortgage lending or mortgage banking, or at a credit union is acceptable; 3+ years management experience in mortgage operations preferably in processing management, or as a sales manager or operations manager is preferred
- Superb organization, interpersonal, training, communication, and time management skills are required
- Proven understanding of the mortgage industry, loan products and programs (FHA, FNMA, FHLMC, Jumbo, VA, USDA, etc.), and state and federal regulations and laws (RESPA, etc.)
- Bachelor’s degree is an asset--High school diploma is requiredActive NMLS Mortgage Loan Originator license preferred
- Familiarity with AUS and LOS software, as well as Google Suite and MS Office, are beneficial
About Company
99% of Mortgage Branches leave their loan officers to figure it out. Our office allows you to build your brand with the benefit of in-house coaching, guidance, and support to allow you to reach new levels that you did not know you could.
Preferred Rate is a direct lender focused on supporting our loan originators. We provide a full array of products and support to make sure our loan officers can focus on building relationships and originating.
We offer both in-office and remote options for loan originators. Loan originators receive full support through sales coaching, a documents specialist who follows up on all needed documents for applications taken, in-house processing, and a strong originating environment.
If you are looking to have your business elevated, this is the place to be.