Michigan Tech Employees Federal Credit Union Vice President, Mortgage Lending Salary

Vice President, Mortgage Lending Salary at Michigan Tech Employees Federal Credit Union BETA

How much does a Michigan Tech Employees Federal Credit Union Vice President, Mortgage Lending make?

As of April 2025, the average annual salary for a Vice President, Mortgage Lending at Michigan Tech Employees Federal Credit Union is $202,577, which translates to approximately $97 per hour. Salaries for Vice President, Mortgage Lending at Michigan Tech Employees Federal Credit Union typically range from $153,517 to $246,783, reflecting the diverse roles within the company.

It's essential to understand that salaries can vary significantly based on factors such as geographic location, departmental budget, and individual qualifications. Key determinants include years of experience, specific skill sets, educational background, and relevant certifications. For a more tailored salary estimate, consider these variables when evaluating compensation for this role.

DISCLAIMER: The salary range presented here is an estimation that has been derived from our proprietary algorithm. It should be noted that this range does not originate from the company's factual payroll records or survey data.

Michigan Tech Employees Federal Credit Union Overview

Website:
mtefcu.org
Size:
<25 Employees
Revenue:
<$5M
Industry:
Financial Services

Established in 1952. The Michigan Tech Employees Federal Credit Union was chartered in 1952 and has been providing our members with quality financial services for over 50 years. Membership in our credit union covers a broad territory. Anyone who lives, attends school, worships or works in Houghton, Keweenaw, or Baraga counties may be eligible to join. We provide various financial services including share savings, loans, and share draft checking, and best of all, we are owned and governed by our members people like you! Michigan Tech Employees Federal Credit Union (MTEFCU) was founded in 1952 and was originally housed on Michigan Technological University's campus. After moving to several different locations, we moved to our new building on Sharon Avenue in 1994. In 1999, we merged with Pelkie Community Copper County Federal Credit Union, and in 2018, we successfully converted from a multi-common bond charter to a community charter. Since then, MTEFCU has expanded to provide service to Houghton, Keweenaw, and Baraga counties with excellent member service and low loan rates.

See similar companies related to Michigan Tech Employees Federal Credit Union

What Skills Does a person Need at Michigan Tech Employees Federal Credit Union?

At Michigan Tech Employees Federal Credit Union, specify the abilities and skills that a person needs in order to carry out the specified job duties. Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

  1. Mortgage Loans: A mortgage loan or, simply, mortgage (/ˈmɔːrɡɪdʒ/) is used either by purchasers of real property to raise funds to buy real estate, or alternatively by existing property owners to raise funds for any purpose, while putting a lien on the property being mortgaged. The loan is "secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word mortgage is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form of a collateral for a benefit (loan)".
  2. Mortgage Lending: A mortgage loan is a secured loan that allows you to avail funds by providing an immovable asset, such as a house or commercial property, as collateral to the lender.
  3. Mortgage Products: Mortgage Products means residential real estate secured loan products as from time to time offered by Bank.
  4. Products and Services: Knowledge of the full array of our organization's products and services including those that are created for internal customers; insight into the differentiating factors that distinguish them from those of competitors.
  5. Loan Underwriting: Underwriting is the process by which the lender decides whether an applicant is creditworthy and should receive a loan. is a crucial aspect of the loan process a home loan, business loan, car loan, or personal loan.

Related Jobs

GREAT PAY $16-56 p/h
Houghton , MI

About the Role As an Aldi Store Associate, you'll play a vital role in providing exceptional customer service and maintaining a clean and organized store. You'll work in a fast-paced environment, handling various tasks from stocking shelves to assisting customers. Key Responsibilities Stocking Shelves: Ensure shelves are fully stocked and organized, maintaining a clean and inviting shopping experience. Customer Service: Greet customers warmly, assist them with finding products, and provide excellent customer service. Cashier Duties: Operate cash registers, process payments, and handle returns. Cleaning and Maintenance: Maintain a clean and organized store, including sweeping, mopping, and dusting. Inventory Management: Help with inventory control, ensuring products are properly stocked and rotated. Qualifications High school diploma or equivalent Ability to lift and move heavy boxes Strong work ethic and commitment to quality Ability to work in a fast-paced environment Experience in re


Sponsored
4/25/2025 12:00:00 AM
Pizza Hut
Houghton , MI

Description: To eat. To laugh. To share. That's why people come to Pizza Hut. It's the calling of our Restaurant General Managers - to make our customers feel appreciated because they are served by team members with smiles, who demonstrate teamwork and dedication to a great customer experience. If you're an experienced restaurant or retail manager, think about a career with Pizza Hut. You know who you are - honest, energetic and fun, a natural leader, you love putting together a winning team. You're all about teaching new things and motivating the team to work together. At Pizza Hut, you can do all that - and more. Here, you will work with smart, experienced, fun people. Expect plenty of excitement. Unique challenges. And a world of opportunity. You'll start as a manager trainee and the good news is that your training will teach you everything you will need to know to grow into your position and to succeed on the job. Restaurant General Manager Benefits Include: -Weekly Pay -Performanc


Sponsored
4/25/2025 12:00:00 AM
CROSSMARK
Houghton , MI

Job Posting: CROSSMARK is seeking an energetic, motivated individual to join our growing team. As part of our family, youll support Coborns, a reputable employee-owned grocery chain. Well get you up to speed quickly with our online training and learning materials. Representatives work both independently and as part of a great team! Start your next chapter with CROSSMARK! Competitive weekly pay. Paid orientation and training. Paid drive time between stores and mileage reimbursement. Health, vision, dental, short-term disability, life insurance, 401(k) and more. Employee Referral Bonus Program. Share our opportunities with your friends and family. Responsibilities: Work with your favorite in-store, nationally recognized brands. Build professional relationships with Store Management and Associates. Merchandise, reset, and stock sections of the store according to the planogram. Qualifications: Must be available Monday Thursday starting at 7:30am and occasionally Fridays. Must have reliable


Sponsored
4/25/2025 12:00:00 AM
Michigan Technological University
Houghton , MI

System Engineer Job No: 24324, 24325, 24326 Department: Mechanical & Aerospace Engineering Work Type: Staff - Full Time Location: Main Campus (Houghton, MI) Full Time / Part Time: Full Time Categories: Engineering Department: Mechanical and Aerospace Engineering - APS Lab Summary The System Engineer will oversee the Torrefaction and STRAP Facilities; manage projects and data; negotiate and requisite new equipment; participate in the planning, and development of new systems in this area; and provide support and training for students, staff, researchers, faculty, and users. Both the Torrefaction and STRAP Facilities are pilot to industrial scale plants which include solid conveying equipment, reactors (thermal, dissolution, precipitation, filtration, and melting), extruders, PLC control, data processing, and other similar devices. Responsibilities 1. Oversees the Torrefaction and STRAP Facilities. 2. Manage projects and data. 3. Manage inventories of equipment, instruments, chemicals and


Sponsored
4/25/2025 12:00:00 AM
SRS Merchandising
Houghton , MI

STRATEGIC RETAIL SOLUTIONS FIELD MERCHANDISER SRS is currently looking for a Retail Merchandiser in your area. This is a part time, flexible position that can be done around your other personal/work schedule. In this role you will: Work with a variety of in-store products and brands. Work store calls in various retailers and include planogram maintenance, small section resets, audits, and stocking displays. Schedule store visits between the start date and end date of each individual project. Your choice to schedule. Submit your work by answering survey questions on our company website from your phone. Take photos and show-off your completed work! The ideal person: •Must be at least 18 years of age •Enjoy creating your own schedule •Have some retail merchandising experience •Follow project instructions according to a plan-o-gram and have a service-oriented attitude •Have reliable transportation •Ability to read, write and speak English Pay period is every 2 weeks and direct deposit is a


Sponsored
4/25/2025 12:00:00 AM
Panther Premium Logistics
Houghton , MI

Get your team into its own truck with no money down, no minimum credit requirement and flexible financing options. We'll support you and your co-driver on your path to truck ownership while providing the resources you need to stay as busy as you choose. Keep moving - and earning - together with Panther. Exclusive to Teams Work for yourselves, see the country and set your own schedule. Through our exclusive lease purchase program with Expediter Services, you'll discover how easy purchasing a new tractor can be for your team. Payments are deducted from your weekly settlement for the specified term and then the tractor is yours.


Sponsored
4/25/2025 12:00:00 AM
Pizza Hut
Houghton , MI

Description: Cook Benefits Include: -Weekly Pay -Paid Training -Casual Uniforms -Paid Vacation -Flexible Hours -Employee Meal Benefit -Career Growth -Pizza Hut Perks - Discounts for Verizon, AT&T, Firestone, Jiffy Lube & many, many more! -Tuition Discounts -GED Completion Program -401K Working at Pizza Hut® is about making hungry people happy. It's about having fun, making new friends and earning extra cash. As a Pizza Hut Cook, you can make things happen in the kitchen, making amazing food for our customers. Working with us will give you the financial rewards and flexibility to suit your lifestyle. You'll learn new things, get recognized for your efforts and learn skills that last a lifetime. Requirements: What are we looking for? The good news is that your training will teach you everything you need to know to succeed on the job. But there are a few skills you should have from the get-go: You're a fun and friendly person who values co-workers and customers and takes absolute pride in


Sponsored
4/24/2025 12:00:00 AM
RAM Partners, LLC
Houghton , MI

About Us RAM Partners, LLC, is a full-service real estate management company that manages approximately 70,000 apartments throughout the United States. We specialize in multi-family community management for a variety of third-party owners. We are a service-oriented, hands-on company. Our brick and mortar are our people. Overview Arbor Green is looking for a Property Manager with Affordable Housing experience who can guide their team to ensure the community is running smoothly. Making a career change or taking on a new role is a big decision. Here are some of the perks RAM has to offer: Competitive compensation which includes bonuses outlined by the property commission structure. 15 days of paid time off per year (prorated based on your start date 9 paid holidays and 1 floating holiday per year Medical, dental and vision insurance 401k with employer match Monthly Bonuses Responsibilities Oversee hiring, training, supervising, and motivating the property staff Manage the community's reve


Sponsored
4/24/2025 12:00:00 AM

Check more jobs information at Michigan Tech Employees Federal Credit Union

Job Title Average Michigan Tech Employees Federal Credit Union Salary Hourly Rate
2 Director, Operations $148,268 $71
3 Loan Officer $50,563 $24
4 Mortgage Manager $91,885 $44
5 Accounting Assistant $38,456 $18
6 Consumer Loan Officer $41,516 $20
7 Director, Human Resources $140,985 $68
8 Maintenance $46,909 $23
9 Mortgage Loan Officer $37,965 $18
10 Mortgage Underwriter $55,942 $27
11 Teller $28,112 $14
12 Member Service Representative $29,936 $14

Hourly Pay at Michigan Tech Employees Federal Credit Union

The average hourly pay at Michigan Tech Employees Federal Credit Union for a Vice President, Mortgage Lending is $97 per hour. The location, department, and job description all have an impact on the typical compensation for Michigan Tech Employees Federal Credit Union positions. The pay range and total remuneration for the job title are shown in the table below. Michigan Tech Employees Federal Credit Union may pay a varying wage for a given position based on experience, talents, and education.
How accurate does $202,577 look to you?

FAQ about Salary and Jobs at Michigan Tech Employees Federal Credit Union

1. How much does Michigan Tech Employees Federal Credit Union pay per hour?
The average hourly pay is $97. The salary for each employee depends on several factors, including the level of experience, work performance, certifications and skills.
2. What is the highest salary at Michigan Tech Employees Federal Credit Union?
According to the data, the highest approximate salary is about $246,783 per year. Salaries are usually determined by comparing other employees’ salaries in similar positions in the same region and industry.
3. What is the lowest pay at Michigan Tech Employees Federal Credit Union?
According to the data, the lowest estimated salary is about $153,517 per year. Pay levels are mainly influenced by market forces, supply and demand, and social structures.
4. What steps can an employee take to increase their salary?
There are various ways to increase the wage. Level of education: An employee may receive a higher salary and get a promotion if they obtain advanced degrees. Experience in management: an employee with supervisory experience can increase the likelihood to earn more.