Mortgage Development Manager
Expiring today
- Employer
- Think Bank
- Location
- Edina, MN or Eagan, MN
- Salary
- $151,000
- Posted
- Nov 12, 2024
- Closes
- Dec 12, 2024
- Specialty
- Business Development, Lending, Mortgage
- Type
- Full Time
- Level
- Mid-level
- Education Level
- High School
Think Bank has an exciting opportunity for a Mortgage Development Manager dedicated to helping customers achieve their financial goals through homeownership. This position will focus on Fair Lending and the Community Reinvestment Act (CRA), and understand the unique challenges and opportunities faced by underserved communities and low-to-moderate-income (LMI) borrowers.
As an expert in LMI lending programs, you will work closely with prospective customers, educating and guiding them toward mortgage solutions that can improve their financial well-being and help make homeownership a reality.
As an established community partner, you’ll proactively develop and nurture relationships that align with our CRA and Fair Lending strategy. This role will enhance Think Bank’s presence in the marketplace, allowing us to extend financial services to underserved individuals and communities.
This position will work out of our Edina or Eagan locations.
Key Responsibilities:
- Originate Community Reinvestment Act (CRA) loans in an assigned community market, primarily serving low-to-moderate-income borrowers.
- Serve as the primary contact for the organization regarding the needs of underserved individuals and communities.
- Collaborate with the VP of Mortgage to provide updates on activities, market trends, customer needs, and interests.
- Work with mortgage support teams to ensure an outstanding and seamless customer experience. Research emerging trends, best practices, and new product opportunities, making recommendations for improvements.
- Deliver effective loan presentations to underwriting, ensuring loans are appropriate for the customer and represent a sound investment for the bank.
Benefits: The position is eligible for a full benefits package including:
- Health insurance with HSA contribution
- Dental and vision insurance
- Up to 23 days of PTO annually
- Seven paid holidays
- Four weeks of paid family leave
- Up to 7.5% 401(k) employer match
- Tuition reimbursement
- Clothing allowance
Education and Experience Requirements:
- Bachelors degree in business, finance, or related field OR 6 years of mortgage lending experience
- 5 years experience in mortgage lending
Think Bank is a $2 billion mutual bank headquartered in Rochester, MN, with locations in Edina, Eagan, and Apple Valley. Our open culture empowers employees to provide outstanding financial care every day. Our compensation plan prioritizes quality over quantity, focusing on meaningful outcomes for our customers rather than the number of accounts opened or loans produced.
At Think Bank, we are committed to being a great place to work. We strive to create an environment where every employee feels empowered to reach their goals. We value diversity—in thought, style, culture, ethnicity, and experience—and believe that an inclusive culture makes us a stronger company and a better partner to our customers.