Executive Vice President and
Senior Vice President of Residential Lending
Draper and Kramer Mortgage Corp.
Over the course of his 28-year career in the mortgage industry, Jeff Slater has established himself as both a top-producing loan originator and an accomplished business leader. As executive vice president and senior vice president of residential lending at Draper and Kramer Mortgage Corp., he is instrumental in helping to implement the company’s growth strategies and sales management tactics throughout the country. He is also ranked among the top 500 originators in the country by Scotsman Guide and the top 1 percent of mortgage originators in America by Mortgage Executive magazine.
“I work with everyone from those who are buying their first home to those who are purchasing multiple investment properties,” says Slater, whose typical loans range from $250,000 to $2 million. He is also an expert at analyzing complicated tax returns for self-employed borrowers and property investors. Slater primarily works with borrowers in Chicago’s western suburbs and also serves greater Chicagoland, Illinois, Michigan and Kentucky. In 2016, he originated over $86 million in home financing, a 36 percent increase from the prior year. “I was able to grow my business so dramatically thanks to my great relationships with Realtors and the support from my internal team,” he says.
Homebuyers, homeowners and industry professionals alike turn to Slater for his extensive home financing knowledge and talent for simplifying the often complex mortgage process. “I believe my deep understanding of underwriting guidelines and how to structure loans has been my biggest key to success,” he says. Having been in the industry for nearly three decades and owned his own mortgage company, there’s no lending scenario Slater hasn’t encountered and successfully navigated. He remains involved in clients’ files from start to finish, actively communicating with all parties during every step. He prides himself on meeting every financing contingency and closing date for all his clients’ purchase transactions.
Slater has much to be proud of outside of work as well. This past year, two of his children graduated from college. His oldest son, Andrew, also followed him into the mortgage business, opening a new Draper and Kramer Mortgage Corp. office in Lexington, Kentucky, and furthering his father’s tradition of excellence in the industry.