Remote Loan Originator - Nationwide

The Federal Savings Bank

• $100K — $120K *
US-AnywhereRemote in Chicago, IL
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in loan origination or related field
  • Established network of referral sources including real estate agents and past customers
  • Capacity to expand referral network nationwide
  • Strong learning aptitude for diverse loan programs
  • Motivated self-starter with a dynamic approach to sales

Responsibilities

  • Serve existing referral sources to facilitate loan closings
  • Build and expand new referral sources across all 50 states
  • Master and promote various loan products and programs
  • Utilize in-house support for processing and underwriting
  • Collaborate with marketing teams to enhance online presence

Benefits

  • Comprehensive loan program offerings including RV, jumbo, and reverse mortgages
  • State-of-the-art digital tools for mortgage processing
  • Annual trips for top performers to unique cultural destinations
  • Personalized coaching from senior management
  • Extensive benefits package including health, dental, vision plans, and 401k match
Full Job Description
Job Type

Full-time

Description

Looking for Remote Loan Originators Nationwide!

If you're motivated to refine your abilities, increase your efficiency, and help more referral partners close more loans, all while enhancing your lifestyle, then you are in the right place! At The Federal Savings Bank you will have the ability to lend in all 50 states and help more clients! We are a veteran-owned, federally chartered bank that offers the widest array of Fannie, Freddie, Ginnie, jumbo, non-QM, reverse, and bank portfolio loan programs that enable you to say YES! We can close your purchases and refinances within 25 days with in-house processing, underwriting, and closing, a fully paid loan officer assistant program, and world class origination and customer fulfillment systems. Additionally, we offer marketing support to optimize your online presence, and maintain strong relationships with past clients and referral partners, and help you grow your business!

What You Bring:
  • You are an enthusiastic go-getter who is highly motivated
  • You can bring and serve existing referral sources (such as realtors, previous customers, and other lead generators).
  • You can build new referral sources nationwide with the ability to lend in 50 states
  • You possess the ability to master different loan programs, and desire to learn our bank portfolio programs to complete your experience in originating Fannie/Freddie, FHA, VA, and USDA loans

What We Bring:
  • Loan programs for every borrower: FHA, VA, Conventional, USDA, Jumbo, 203k and Renovation, Portfolio programs (ITIN, bridge, 2nd home, investment, etc.), Condos/Co-ops, portfolio construction & renovation programs, reverse mortgage, multi-family & apartment building, commercial, personal unsecured loans and more!
  • Cutting edge mortgage app, digital closing software, and our marketing CRM
  • Annual Chairman's Club trips to fantastic cultural destinations
  • Coaching from your Executive Vice President to help you grow professionally
  • TFSB offers an extensive benefits package, including medical, dental, vision and 401k match!

Compensation
  • This position is commission-based

Requirements

Outside Sales Compensation

This position is 100% commission and those hired are eligible to earn monthly commissions that are based upon a percentage, 50-200 basis points (0.50%-2.00%), of funded loan volume. Total volume funded is based on individual production and performance. There is no cap on commissions.

For more details please contact:

Alejandra Villasenor

Phone: (312) 738-8422

Email: [email protected]

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