Mortgage Manager
Company: Cardinal Credit Union Inc
Location: Mentor
Posted on: August 7, 2022
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Job Description:
Description:
Cardinal Credit Union was selected by The Cleveland Plain Dealer as
a Top Work Places and one of the Best Workplaces in Ohio.
Here at Cardinal, we believe in creating a strong culture that
encourages and supports teamwork, integrity, mutual respect, and
accountability; our core values. Our goal is to provide an
inclusive, collaborative, and engaging workplace where staff is
challenged to do their best. Cardinal strives to create a culture
supporting ideas and innovation, and offers various opportunities
for both personal growth and professional development.
Role:
Our Mortgage Manager is responsible for planning, organizing, and
directing all aspects of the Credit Union's Mortgage lending
services to include origination, processing, budgeting, secondary
market functions and servicing. Ensures that Mortgage lending
operations are enforcing established policies, procedures, and
legal requirements. Responsible for receiving, reviewing, and
processing applications for mortgage loans, home improvement,
second mortgage and home equity loans and properly training other
mortgage and retail staff with performing these functions. Ensures
that Mortgage lending activities result in maximum volume,
appropriate profit for the Credit Union, and a minimal delinquency
ratio. Analyzes and evaluates the effectiveness of Mortgage lending
services. Supervises and appraises the activities of subordinates
and ensures that all Mortgage lending services are professionally
delivered and members are well served. Participates in establishing
and implementing major goals and objectives of the Credit Union.
Provides general Credit Union information and actively participates
in Cardinal's Superior Sales & Service Program.
Essential Functions & Responsibilities :
Our Mortgage Manager assumes responsibility for the development and
implementation of effective Mortgage Lending policies, procedures,
and planning. Assists with developing short and long-term goals and
plans for the Mortgage Loan Department. Develops a total Mortgage
lending strategy for the Credit Union. Develops policies and
procedures for Mortgage loan activities. Conducts periodic reviews
of existing systems and procedures to ensure maximum efficiency and
legal compliance. Instigates improvements in Mortgage lending and
promotion practices which will further the objectives of the Credit
Union. Executes established operational goals and ensures that
corporate-wide objectives are complemented and supported.
Participates in developing Mortgage lending policies and procedures
and ensures that they complement organizational goals. Executes
established goals and coordinates their implementation with other
departments and with subordinates. Monitor rates and pricing for
residential loan portfolio to ensure competitiveness with
marketplace. Monitor the marketplace for changes in the industry of
changing trends.
Our Mortgage Manager is responsible for the completion of Mortgage
Loan origination and servicing functions. Guides Interviews,
actively participates and assists mortgage personnel with taking
applications, and processing preliminary documentation on loan
requests. Discusses loan alternatives, credit criteria, interest
rates, and loan documentation in such manner as to elicit positive
responses from members. Cross-sells all other credit union
services. Evaluates and verifies loan applications and credit
criteria. Assists Mortgage loan staff as needed with the
computation of debt ratios, verification of employment and income
and determination of collateral values. Approves loans with limits
of authority and notifies applicants of loan decisions. Ensures
mortgage personnel properly track, review and administer in a
timely fashion all aspects of mortgage servicing and are in
compliance with regulatory guidelines. Responsible for the
foreclosure, maintenance, and sale of residential and/or commercial
properties that are in default.
Mortgage Manager Benefits:
- Medical, prescription, dental, vision
- Life and long term disability Insurance, employer paid
- Generous 401(k) plan
- Paid time off and holidays
- Loan discounts
- Tuition reimbursement to help foster career development.
- Considerable and substantive internal training on a myriad of
banking subjects, member service, professionalism, and best
industry practices.
Mortgage Manager Job Requirements:
Experience: Five years to ten years of similar or related
experience.
Education: Bachelor's degree preferred
Cardinal Credit Union is an Equal Opportunity and Affirmative
Action Employer committed to engaging a diverse workforce and
sustaining an inclusive culture. All qualified applicants will
receive consideration for employment.
We are a non-smoking work environment.
PM22
Requirements:
PI187045694
Keywords: Cardinal Credit Union Inc, Mentor , Mortgage Manager, Executive , Mentor, Ohio
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