Mortgage Manager
Company: Cardinal Credit Union Inc
Location: Mentor
Posted on: March 18, 2023
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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.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 to ten years of similar or related
experience.Education: Bachelor's degree preferredCardinal 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.Requirements: 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.PM22PI208198862
Keywords: Cardinal Credit Union Inc, Mentor , Mortgage Manager, Executive , Mentor, Ohio
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