Mortgage Credit Manager jobs in Illinois

Mortgage Credit Manager manages a group of mortgage credit supervisors and monitors application procedures to ensure assignments meet established processes/standards. Oversees analysis of current, new and renewed residential loans. Being a Mortgage Credit Manager provides recommendations for improvement to top management. Requires a bachelor's degree. Additionally, Mortgage Credit Manager typically reports to head of a unit/department. The Mortgage Credit Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. To be a Mortgage Credit Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)

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Mortgage Branch Manager (revenue share available)
  • SuCasa Mortgage Team (Powered by NEXA)
  • North Chicago, IL CONTRACTOR,FULL_TIME
  • Revenue branch partnership for an experienced producer looking to grow purchase business, recruit loan officers to team and increase income via Revenue Share compensation.

    Your branch will have access to:

    • Highest compensation plan in industry (we pass corresponding lending margins to you so you can make more than .275 BPs)
    • Lowest interest rates (.25-.75% lower than competition)
    • Access to 244 lenders and their programs
    • Immediate support available to help you convert and close
    • Opportunity to do business as (DBA) under your established or planned brand

    Our mortgage lending platform will help you build your business fast and increase your realty referral business in ways you currently don't get to experience. Our coaches, trainers and account executives will help you with the best program from our 244 lenders and programs while our processors do the heavy lifting so you can close more.

    If you are looking to convert more opportunities, referrals and commission payments, we know you wont find a better opportunity. If you want to learn more, feel free to apply for details.

    Qualifications

    • Evaluate credit worthiness by processing loan applications and documentation within specified limits.
    • Complete thorough loan applications to determine financial eligibility with applicable ratios
    • Good communication skills to request or provide information to clients and agents and justify decisions (approvals/rejections) to provide guidance
    • Keep up to date on industry knowledge and types of loans available
    • Assess customer needs, explore all options and propose possible scenarios
    • Go the “extra mile” to build trusting relationships and client/realtor loyalty
    • Make sure to operate in compliance with laws and regulations
    • Desire to grow, recruit quality producers and lead team
    • Excellent communication and interpersonal skills

    Responsibilities

    • Manage and oversee the daily operations of the mortgage branch, including team management, customer service, and sales management.
    • Utilize strong communication skills to effectively interact with customers and facilitate lending processes.
    • Implement and ensure compliance with banking regulations.
    • Lead and motivate the team to achieve revenue targets and provide exceptional financial services to clients.
    • Oversee loan origination, processing, and servicing activities to ensure efficient and accurate transactions.
    • Collaborate with underwriting and loan officers to facilitate loan approvals and maintain customer relationships.
    • Uphold a high standard of professionalism and ethical conduct in all interactions with customers and team members.

    Job Types: Full-time, Contract

    Pay: $75,000.00 - $255,000.00 per year

    Benefits:

    • Dental insurance
    • Flexible schedule
    • Health insurance
    • Paid time off
    • Professional development assistance
    • Referral program

    Compensation package:

    • Bonus opportunities
    • Commission only
    • Commission pay
    • Profit sharing

    Payment frequency:

    • 1099 contract
    • Paid daily

    Schedule:

    • 10 hour shift
    • 8 hour shift
    • Monday to Friday

    Work setting:

    • Hybrid work
    • Office

    Experience:

    • Loan Origination: 2 years (Required)

    License/Certification:

    • NMLS (Required)

    Work Location: Hybrid remote in North Chicago, IL 60064

  • 13 Days Ago

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Mortgage Loan Processor
  • SIU Credit Union
  • Carbondale, IL FULL_TIME
  • SIU Credit Union is a strong and growing credit union doing business in Franklin, Jackson, Jefferson, Johnson, Perry, Marion, Randolph, Saline, Massac, Union and Williamson counties in Illinois. We cu...
  • Just Posted

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Director Mortgage Operations
  • Consumers Credit Union, Illinois
  • Forest, IL FULL_TIME
  • Consumers Credit Union (CCU) is looking for our new Director Mortgage Operations! This is a fantastic opportunity to enhance the real estate loan experience for both employees and members for one of I...
  • 28 Days Ago

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Mortgage Loan Orginator
  • NuMark Credit Union
  • Aurora, IL FULL_TIME
  • What We Do.... NuMark's mission is to enrich the financial lives of our members. Our growing Credit Union has over 140 employees, nine Chicagoland branches, and over 50,000 combined members. We offer ...
  • 1 Month Ago

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Mortgage Loan Orginator
  • NuMark Credit Union
  • Crest Hill, IL FULL_TIME
  • What We Do.... NuMark's mission is to enrich the financial lives of our members. Our growing Credit Union has over 140 employees, nine Chicagoland branches, and over 50,000 combined members. We offer ...
  • 1 Month Ago

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Mortgage Loan Orginator
  • NuMark Credit Union
  • Warrenville, IL FULL_TIME
  • What We Do.... NuMark's mission is to enrich the financial lives of our members. Our growing Credit Union has over 140 employees, nine Chicagoland branches, and over 50,000 combined members. We offer ...
  • 1 Month Ago

Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP), the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Mortgage Credit Manager jobs
$89,536 to $151,546

Mortgage Credit Manager in Nashville, TN
That said, it’s not impossible to get a home loan if you have less-than-optimal credit.
January 06, 2020
Mortgage Credit Manager in Waco, TX
To facilitate homeownership, there are different types of mortgage programs available for almost all levels of credit scores.  Of course, the higher your credit score, the better chance you have of qualifying for a lower interest rate.
February 14, 2020
These borrowers whose incomes, credit ratings and savings are not good enough to qualify for conventional loans, can only get loans from finance companies that charge much higher interest rates -- anywhere from three to four percentage points higher than conventional loans.
January 25, 2020
Mortgage Credit Manager in Sioux City, IA
The MCC Credit can be used with Conventional/Conforming, FHA, USDA and VA home loans.
December 18, 2019