McKinlay will join the firm, which includes Kensington and New Street Mortgages on the 2nd October, replacing Vice Chairman of Group Lending Keith Street.
Craig has previously held roles as Mortgage New Business Director and Commercial and Channels Director at Lloyds Banking Group.
Keith Street said: “With previous experience leading mortgage sales for the various Lloyds brands, Craig stood out as a candidate that has the understanding and capability to grow new and existing relationships for the Group in the years ahead.
“Craig is joining us at an exciting time for the Group, with the recently announced changes to our Buy To Let ranges for Portfolio landlords and with more product changes in the pipeline for Kensington residential mortgage products coming up. I look forward to working closely with him as I handover the reins and wish him all the best for this new role.”