What are the responsibilities and job description for the Branch Manager, VP of Mortgage Lending (Utah Only) position at Rate?
Company Description
Rate is the 2nd-largest retail mortgage lender in the U.S. By offering industry-leading tools, low-rate mortgages, and unparalleled customer service, we’ve become the Home Purchase Experts®. At Rate, we think big – pushing beyond what most people believe is possible. We strive to work with the best of the best, building business with the best referral partners and hiring the best employees – allowing us to deliver world-class customer service. Our goal is to make sure every customer has a great experience. Headquartered in Chicago with 5,000 employees in 300 offices across the U.S. and licensed in all 50 states, we’ve helped thousands of homeowners with more than $37 billion in home purchase loans and refinances in just the past year alone.
What's the Role? (Utah Applications only)
Best of the Best, Loan Origination & Loan Origination Leadership/ Management:
- Commission Salary or Bonus available: "Pay Range: $00.00 to $500 per hour in commissions, paid 2x per month." **Further details provided in interview process, based on candidate qualifications.
- Transition packages available for applications with validated loan production in the last 12 months.
- Work Business referral sources (Realtor, Builder, Financial, other) for new loan originations.
- Recruiting, Leadership, and management of a Utah Branch Team.
- Product offering: Conforming, #1 Non-Bank Jumbo Lender in the US, Non-QM, New Construction, First Time Buyers (DPA), FHA, VA, Reverse Lending, HELOC & Fixed 2nds, Renovation Loans, Broker options also available. (10,000 ways to close a loan at Rate)
- Retail Office or Partnership Branch with P&L Ownership available.
This is a full-time hybrid role for a Branch Manager, VP of Mortgage Lending in Utah. Regional office is in Sandy, Utah. The Branch Manager, VP will oversee mortgage lending operations, manage a support team, develop lending strategies, and ensure compliance with regulations. The role may include work from office-home flexibility.
Qualifications
- $24MM Annually funded volume preferred as Mortgage Loan Originator OR as Leader of Originators
- Self-Sourced business partners & SOI, Regional recruiting support provided.
- Extensive Product Knowledge, Builder, Non-QM, FHA/ VA/ DPA/ FNMA/ Jumbo
- Mortgage Lending and Finance expertise
- Leadership and Team Management skills
- Recruiting experience, preferred
- Regulatory Compliance knowledge
- Strong Analytical and Decision-making skills
- Excellent Communication and Negotiation skills
- Experience in mortgage lending industry
- Experience with P&L management
- Mortgage Loan Pricing analytics a must.
- Mortgage Loan Officer License (MLO) Required, PLM preferred
Legal Stuff:
The company offers a comprehensive benefits program to eligible employees, including eligibility to participate in a company-sponsored 401(k); vacation benefits; eligibility for medical, dental, vision, and prescription drug benefits; flexible benefits (e.g., healthcare and/or dependent day care flexible spending accounts); life insurance and death benefits; critical care insurance; personal accidental insurance; commuter benefits; pet insurance; certain time off and leave of absence benefits; well-being benefits (e.g., employee assistance program); and other supplemental benefits (e.g. legal planning assistance; identity theft protection; pet insurance; wellness resources).
Equal Housing Lender | © 2025 Guaranteed Rate, Inc. D/B/A Rate | NMLS ID 2611 | NMLS Consumer Access | Licensing Information
Operating as Guaranteed Rate, Inc. in New York.
Salary : $36,000 - $60,000