New Market Bank Hires Nemitz as Account Manager for Third Party Mortgage Originations and Mortgage Loan Officer
New Market Bank Hires Nemitz as Account Manager for Third Party Mortgage Originations and Mortgage Loan Officer
ELKO NEW MARKET, Minn., Jan. 22, 2020 – New Market Bank, a local, family-owned community bank, has hired Todd Nemitz as a mortgage loan officer and account manager for third party originations (TPO). With Nemitz’s hiring, New Market Bank extends its mortgage processing and servicing to customers of other financial institutions that do not have full-service mortgage capabilities.
In addition to originating FHA, VA and Conventional home loans for homebuyers, Nemitz will forge relationships with financial institutions and offering mortgage services to their clientele. He will lead the training, compliance, processing and closing of those home loans originated by other banks.
Nemitz comes to New Market Bank with nearly 20 years of mortgage banking experience, working with third-party originators on behalf of the financial institutions. Throughout his career, he has ensured compliance with both company policies and applicable government regulations, supported business accounts with extensive training and client service, and consistently established new accounts and grew their loan portfolios.
Nemitz has a bachelor’s degree in business administration and marketing from the University of Wisconsin-River Falls. He is licensed by the Nationwide Mortgage Licensing System, #372078.
About New Market Bank
Founded in 1905 as the First State Bank of New Market, New Market Bank is an independent, fourth-generation, family-owned bank serving the southern Twin Cities area with offices in Lakeville, Prior Lake and Elko New Market. For over 100 years, New Market Bank has built trusted relationships with its customers by providing banking as easy and sincere as a handshake. New Market Bank is an Equal Housing Lender, Member FDIC. For more information, visit www.NewMarket.Bank.
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Media Contact: Amy Nugent, 651.450.9222 or amy@renownmarketing.com