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Loan Operations Manager Jobs in Michigan (NOW HIRING)

Lend-A-Loan LLC

Team Lead - Loan Officer

Troy, MI · On-site

In-house processing and operational support. * Custom-built CRM designed to help you close more loans. * Ongoing professional development and leadership training. * Collaborative, high-energy team ...

Michigan First

Mortgage Loan Officer

Okemos, MI · On-site

Advise and educate clients on the home-buying or refinance process and how to better manage their mortgage needs. * Meets mortgage loan operational standards by contributing mortgage loan information ...

Michigan First

Mortgage Loan Officer

Grand Rapids, MI · On-site

Advise and educate clients on the home-buying or refinance process and how to better manage their mortgage needs. * Meets mortgage loan operational standards by contributing mortgage loan information ...

Michigan First

Mortgage Loan Officer

Plymouth, MI · On-site

Advise and educate clients on the home-buying or refinance process and how to better manage their mortgage needs. * Meets mortgage loan operational standards by contributing mortgage loan information ...

Michigan First

Mortgage Loan Officer

Brighton, MI · On-site

Advise and educate clients on the home-buying or refinance process and how to better manage their mortgage needs. * Meets mortgage loan operational standards by contributing mortgage loan information ...

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All JobsLoan Operations JobsLoan Operations Manager JobsLoan Operations Manager Jobs in Michigan

Loan Operations Manager information

See Michigan salary details

$37.5K

$78.6K

$130.7K

How much do loan operations manager jobs pay per year?

As of Sep 6, 2026, the average yearly pay for loan operations manager in Michigan is $78,588.00, according to ZipRecruiter salary data. Most workers in this role earn between $54,000.00 and $95,000.00 per year, depending on experience, location, and employer.

What is a loan operations manager?

A loan operations manager is responsible for managing the loan process for financial institutions such as banks, credit unions, and mortgage companies. Your responsibilities are to oversee consumer and commercial loan support staff, implement staff training programs, and provide appraisals on staff job expectation. Additional duties may include supervising loan document preparation and servicing, working directly with other staff to ensure efficient workflow, and maintaining knowledge of current software systems. You also conduct audits and assessments to ensure policies and procedures are meeting desired goals.

What are the key skills and qualifications needed to thrive as a loan operations manager, and why are they important?

To thrive as a Loan Operations Manager, you need a solid understanding of loan processing, compliance regulations, and financial documentation, often supported by a bachelor’s degree in finance, business, or a related field. Proficiency with loan origination systems (LOS), banking software, and knowledge of regulatory requirements such as RESPA and HMDA is crucial. Strong leadership, problem-solving abilities, and effective communication skills help manage teams and ensure smooth loan operations. These skills ensure efficient and compliant lending processes, minimize risk, and support organizational goals.

What are some common challenges faced by a loan operations manager, and how can they be addressed?

Loan Operations Managers often encounter challenges such as managing tight deadlines, ensuring regulatory compliance, and overseeing high volumes of loan documentation. Balancing accuracy with efficiency, especially during peak periods, can be demanding. Building strong communication channels within the team and collaborating closely with compliance, credit, and IT departments helps streamline workflows and minimize errors. Staying updated on regulatory changes and fostering a culture of continuous process improvement are key strategies for success in this role.

What is the difference between Loan Operations Manager vs Loan Processor?

AspectLoan Operations ManagerLoan Processor
Primary RoleOversees loan processing workflows, manages teams, ensures compliancePrepares and verifies loan documents, reviews applications
Required SkillsLeadership, project management, regulatory knowledgeAttention to detail, document review, communication skills
Work EnvironmentOffice setting, managerial oversightOffice setting, processing loan applications
CertificationsOften requires banking or finance certificationsTypically no certifications required, but knowledge of lending regulations helps

The Loan Operations Manager focuses on overseeing the entire loan processing department, managing teams, and ensuring compliance, while the Loan Processor handles the day-to-day preparation and verification of loan documents. Both roles are essential in the loan lifecycle but differ in scope and responsibilities.

What does a loan operations manager do?

A loan operations manager oversees the processing, approval, and management of loan applications within a financial institution. They ensure compliance with regulations, coordinate between departments, and utilize loan management software to streamline operations. Strong organizational and communication skills are essential for this role.
More about Loan Operations Manager jobs

What are the most commonly searched types of Loan Operations jobs in Michigan?

The most popular types of Loan Operations jobs in Michigan are:

What are popular job titles related to Loan Operations Manager jobs in Michigan?

For Loan Operations Manager jobs in Michigan, the most frequently searched job titles are:

What job categories do people searching Loan Operations Manager jobs in Michigan look for?

The top searched job categories for Loan Operations Manager jobs in Michigan are:

What cities in Michigan are hiring for Loan Operations Manager jobs?

Cities in Michigan with the most Loan Operations Manager job openings:

Loan Operations Manager jobs near you
Infographic showing various Loan Operations Manager job openings in Michigan as of August 2026, with employment types broken down into 81% Full Time, 14% Part Time, 1% Temporary, 2% Contract, and 2% Nights. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $78,588 per year, or $37.8 per hour.