How to Become a Mortgage Operations Manager

Step 1: Understand the job description and responsibilities of a Mortgage Operations Manager

What does a Mortgage Operations Manager do?

A Mortgage Operations Manager manages and directs the daily activities of the mortgage operations department. Oversees all lending functions, which may include sales, funding, processing, and closing. Being a Mortgage Operations Manager monitors the productivity and budgetary performance of the operations department. Ensures efficient delivery of products and services to clients. Additionally, Mortgage Operations Manager develops and implements polices and procedures. Requires a bachelor's degree. Typically reports to a senior manager or head of a unit/department. The Mortgage Operations 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 Operations Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required.

People's Opinions on Mortgage Operations Manager responsibilities

Warren (pictured) will work with Buster Tolfree and the mortgage team’s senior management as UTB said that it is getting ready for considerable growth and expansion of its activities in the mortgage sector.

12/10/2019: Bakersfield, CA

Buster Tolfree, UTB commercial director of mortgages, said Warren brings a great deal of real-world experience in delivering significant IT and change projects in a high growth mortgage business.

02/11/2020: Pierre, SD

The Mortgage Operations Manager (MOM) has oversight and responsibility with respect to the employee tasks and workflows related to processing and closing of residential 1st mortgage loans, to ensure that technology resources are optimized to maximize efficiencies and ensure that applications meet Credit Union and secondary market investor guidelines and regulatory requirements in a timely manner.

02/02/2020: Vincennes, IN

We are currently recruiting for a Mortgage Operations Manager in White Plains, NY.

01/20/2020: Petersburg, VA

The ideal candidate will have 5+ years of experience and drive strategic objectives as they relate to real estate mortgage products and services.

12/09/2019: Boise, ID
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Step 2: Learn best tips to become a Mortgage Operations Manager

Best tips for those who want to become a Mortgage Operations Manager

Here are some tips to become a Mortgage Operations Manager.

People's Opinions on best tips

Interview Tips for “weakness” question.

01/09/2020: Saint Cloud, MN
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Step 3: View best colleges and universities for Mortgage Operations Manager

Best colleges and universities for Mortgage Operations Manager

  • Florida Southern College
  • Colby College
  • Dartmouth College
  • University of Notre Dame
  • Western Washington University
  • Canisius College

Step 4: Think about whether is it worth to be a Mortgage Operations Manager

Is being a Mortgage Operations Manager Worth it?

People's Opinions on lifestyles

Mutual of Omaha MortgageMortgage Operations / Processing ManagerSeven Hills, OHHotEasy Apply 17d 5+ Years of Mortgage Processing/Operations Experience.

12/12/2019: Sumter, SC

Seeking a self sourced Mortgage Production Manager that will bring over a minimum of 20 million a year in closed production.

03/01/2020: Wilmington, DE

Previous management experience in title agency operations, mortgage lending, legal support or loan origination preferred.

02/16/2020: Salt Lake City, UT

 Minimum of 5 - 7 years mortgage retail operations management experience required.

02/27/2020: Kennewick, WA

Expert knowledge of mortgage automated underwriting requirements, automated engines and documents required for mortgage loan processing and underwriting.

12/07/2019: Evansville, IN
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Step 5: Prepare relevant skills for being a Mortgage Operations Manager

What skills do you need to be a Mortgage Operations Manager?

Management is no easy task, and as such, the skill requirements for these types of roles vary greatly.  Chief skills for this role are: Mortgage Loans, Operations Management, Quality Assurance Process, Operational Policy Development, Lending Regulatory Compliance.  Expertise in these areas will help you land this, or a similar role.

People's Opinions on Mortgage Operations Manager skills

Lead a team of Loan Review Analysts or Operations Account Managers who are responsible for the pre-purchase review of Conventional, Non-Conforming, FHA, and VA loan files to ensure loan file contains all required documentation, meets acceptable regulatory standards, and complies with established guidelines prior to purchase.

12/05/2019: Gainesville, FL

6+ years mortgage operations experience, with a thorough understanding of mortgage loans.

12/05/2019: Rapid City, SD

This experienced leader will have familiarity managing managers and their teams involved with Correspondent Mortgage Purchase process, as well as Mortgage delivery processes.

12/07/2019: Killeen, TX

Oversee our employee experience/people operations team.

01/12/2020: Kennewick, WA

Experience in driving change in an Operations organization is preferred.

01/19/2020: Mobile, AL
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Step 6: View average salary for Mortgage Operations Manager

How much does a Mortgage Operations Manager make?

The average salary range for a Mortgage Operations Manager is from $89,611 to $193,587. The salary will change depending on your location, job level, experience, education, and skills.

Salary range for a Mortgage Operations Manager
$89,611 to $193,587

Step 7: Find relevant Mortgage Operations Manager jobs, and apply.

Looking for Mortgage Operations Manager jobs?

Here are some Mortgage Operations Manager jobs in the United States.

Search Mortgage Operations Manager Jobs in the United States

Step 8: Explore Career Path of Mortgage Operations Manager