Careers

Overview and History

Corridor Mortgage Group is a leading independent mortgage banker in the Mid-Atlantic region, committed to serving the interests of each of their clients.  Our staff diligently strives to achieve the best possible results, we measure our success by the outcome of our efforts and the feedback from our customers.  Our staff is drawn to Corridor Mortgage Group by our dynamic and entrepreneurial environment.  At Corridor Mortgage Group we have a positive "can-do" attitude.  Our loan officers, mortgage analysts, and support team are proactive in analyzing customer’s loan applications to ensure the best options are available to our clients.  We work diligently to ensure that the deal not only gets done, but gets done right.   We have many mortgage products to offer, enabling us to find the right loan at the right price for our customer’s particular situation.  The Corridor Mortgage Group team is dedicated to serving in the tradition of excellence that our clients have come to expect.

2000  Jerry Rader founds Corridor Mortgage Group.
2002  Ron Mason an industry veteran joins the Executive Management Team as Sr. Vice President.
2003  Corridor begins the conversion to mortgage banking by adding its first warehouse line.
2005  FHA Direct Endorsement and VA Automatic underwriting test cases are completed such that 99% of all originated loans are
          now underwritten in-house.
2007  Additional warehouse lines are added to facilitate growth.
2008  Warehouse line capacity are incresased.
2009  In-house Home Valuation Code of Condut (HVCC) is added to allow compliance without utilizing a national appraisal
          company.
          Net-worth is expanded to levels exceeding amounts suggested by HUD/FDIC FNMA/FHLMC.
          Decision is made to expand the Executive Management Team and an offer is made to hire Sean McNulty as Vice President
          in charge of Operations.
2010  Changes to the new Good Faith Esitmate (GFE) are managed with minimal upheaval.
          Tom Hollerbach joins Corridor's Executive Management Team as Senior Vice President to manage the growth of
          production.

Corridor Mortgage Group Today

Corridor Mortgage Group is licensed in Marylland, Delaware, District of Columbia, West Virginia, Pennsylvania, Virginia and South Carolina (license pending in North Carolina).  With eleven branch offices and nearly 150 employees Corridor Mortgage Group provides an entrepreneurial culture to its managers and loan officers.  The services and benefits provided are:

• Fully staffed licensing and HR department prepared to hand hold through the licensing jungle that is provided by NMLS and the states.
• A marketing department to provides support for data base management, customized marketing (brochures, flyers, presentations, letters, etc.), and direct mail campaigning.
• Full service IT department that provides a Citrix WAN resulting in instant access to the companies intranet and loan origination system.
• Industry leading loan officer and branch manager compensation plans.
• Secondary Marketing Desk
• Decentralized Processing  
• Direct Access to Underwriting
• Bi-monthly payroll periods.
• Menu of medical, dental, life insurance and retirement benefits.

Product Snapshot

Corridor Mortgage Group provides a product menu that is as complete as our changing mortgage environment will allow, including:

Conventional

• FNMA, FHLMC Conforming, FNMA/FHLMC High Balance, FNMA DU Refi Plus, FHLMC Refinance Relief Open Access, and FNMA HomePath
• Full menu of ARM products for Conforming, High Balance, and Jumbo .
• Loans to $2,000,000 and beyond.
• One-time close construction loans for both Conforming and Jumbo loan amounts.

Government

• FHA, VA, FHA High Balance, FHA ARM’s, FHA 203(K) and 203(K) Streamline Refinances
• Specialty Mortgages/State Bond Loans
• MD CDA and VHDA Loans  
• 100% USDA Rural Housing                                                                                                                                                                   

Marketing Support

At Corridor Mortgage Group our marketing department is always available to support our staff.  We have developed an extensive library of various marketing material to help our loan officers keep his/her name in front of their clients and business associates.  Our Marketing Index holds numerous pieces to promote programs Corridor Mortgage Group provides (ARM’s, Government, Jumbo, Rehab, First Time Home Buyers, Open House’s, etc.).  Our library consists of, but is not limited to:

• Announcements and Letters
• Personal Brochures
• Weekly Rate Reports
• Client, Realtor, and Business contacts database management
• Open House Flyers
• Personalized Flyers
• Newsletters
• Birthday Cards/Birthday Chocolates
• Print and Online Advertisements
• E-Mail Marketing
• PowerPoint Presentations
• Thank you Cards and Survey Cards
• Coupons
• Spanish Marketing Materials
• Personal Bio on Website

We have various pieces that allow our loan officers to reach out to the community.  Whether a loan officer is new to Corridor Mortgage Group or has been with us for years there is always marketing available to meet his or her needs.