Real Estate Lending Manager
Michigan First Credit Union (Detroit, Michigan)

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Real Estate Lending Manager

 

Are you a cutting edge leader in the mortgage industry? Do you have a proven track record of leading a successful mortgage operation for a financial institute?

 

Michigan First Credit Union, the only place to do your banking, is a state of the art, growing credit union located in Lathrup Village, Michigan with branch locations throughout Southeastern Michigan. We have approximately 200 team members and growing!  We focus on serving our valued members and being the best and most highly regarded financial institution in the region!

We are seeking strong professionals with financial expertise in mortgages operations, secondary market, investor relations and other services and products offered by a bank, credit union or other financial institution.  We need people with leadership skill, sales and service savvy and the ability to partner with internal and external members to help support all branch activities.

Responsibilities

Acting as liaison to our third party mortgage provider and have the ability to build an internal mortgage department. Manage and oversee all mortgage operations, sales, compliance, secondary market, investor relations, servicing, and quality issues relating to mortgage loans.Responsible for hiring, training, motivating, directing and evaluating team member performance within the Lending area. Responsible for product pricing, promotions, and rate analysis. Maintains awareness of changes in the home equity, real estate and processing regulations and policies as well as advancements in technology that effect processing and underwriting. Ensure team members are aware of loan titling, title search and deed document processing requirements. Maintain communications and monitors information sent out for attorney, appraisers and title companies. Analyzes potential lending opportunities involved in each lending situation to further assist the borrower as well as increase the credit union’s lending portfolio.  Prepare monthly rate surveys of Mortgage and Home Equity Loan products from local credit unions and banks and provide written recommendation of rate change to senior loan manager. Maintain awareness of market conditions and consumer preference relating to mortgage and home equity products and recommend product changes to senior loan manager. Cross sells borrowers on the benefits of using other credit union services. Other responsibilities as directed.

QualificationsBachelor's degree and a minimum of 5 years of experience working with real estate / mortgage lending within a financial institution. Minimum of 3 -5 year’s leadership or managerial experience.  Experience with recruiting, interviewing and training a plus. Knowledge of branch operations is a plus. Ability to read and interpret documents such as credit bureau reports, debt to income ratio reports, policy and procedure manuals. Thorough knowledge of lending processes and experience with financial institution products and service. Must be certified as a Notary Public for the purpose of verifying signatures, executing documents and obtaining information. Real estate Appraisers Certificate preferred, but not required. Must have experience evaluating and making sound decisions on sales and other skill level of team members.Must have sound verbal and written communication skills and have a cooperative, positive attitude towards members and fellow team members.   Proficiency in Microsoft Word, Excel, PowerPointExperience in a financial institution preferred.

 

Michigan First offers one of the strongest benefit programs around including 100% paid coverage for medical, dental, vision, disability & life insurance and 401(k) with Company match, & tuition reimbursement.   Are you ready to be a part a dynamic and growing credit union?

 

Michigan First Credit Union is an Equal Opportunity Employer