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James Shanahan

VP, Sales Manager, NMLS# 613462

Bio

Jim Shanahan has been a successful leader in the mortgage business since 1994. He joined Leader Bank in 2009 as a producing Sales Manager for its Needham operation. Jim leads by example and specializes in working with first-time homebuyers and self-employed customers. He brings his many years of experience and strong work ethic to the Needham office where he co-manages 21 of the Commonwealth’s highest producing Loan Officers. Jim holds a high bar for success and urges his team to focus on the customer, stressing the importance of setting proper expectations and delivering on their promises. Jim is a fair and level-headed manager, which shows in his team and in his personal ability to WOW his customers and consistently deliver the service that he would expect when getting a mortgage. In Jim’s personal time, he enjoys spending time with his wife and five children skiing, snowmobiling, mountain biking, and everything else outdoors.

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NMLS#
613462

Needham Loan Office
160 Gould Street, Suite 205
Needham, MA 02494

Building Interest Podcast – Episode 14: The Key to Growing a Successful Sales Team: Under Promise and Over Deliver

 

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Jim has been a great resource who has deep knowledge and experience in the mortgage business. He is a seasoned professional who knows the finite details of his field and uses his knowledge to benefit his clients. Jim gets my highest recommendation as he is a true professional who is also willing to work.

Karl D.

Explore the Loan Process

Learn

Learn all you can about the loan process and ask lots of questions.

Apply for Loan

Complete, review, and submit your application. This will set the process in motion.

Connect with a Loan Officer

Your loan officer will reach out to you and review your application with you.

Credit Check & Prequalification

We will assess your credit, income, and assets to quickly determine what loan(s) you qualify for.

Documentation

Paperwork is still a big part of the loan process. We will email you forms to sign and a checklist of documents we’ll need.

Rate Lock & Appraisal

Once we’ve discussed the loan amount, the type of loan, and the rate that’s best for you, it’s time to lock in your rate and order your appraisal.

Underwriting & Approval

Our underwriting team will review and issue a decision detailing any conditions necessary for final loan approval.

Clear to Close

Once we have cleared necessary conditions our underwriting and closing team will make final preparations to close.

Closing

Loan documents are delivered to the closing attorney. The attorney will contact you to arrange a signing.

Funding

Once the signed documents are returned and reviewed, the closing attorney will request a wire transfer of the loan funds.

James Shanahan

VP, Sales Manager, NMLS# 613462  |  781-474-5100  |  jshanahan@leaderbank.com
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