Remote Mortgage Banker - Nationwide

The Federal Savings Bank

• $75K — $90K *
US-AnywhereRemote in Chicago, IL
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 3 years of mortgage lending or retail mortgage banking experience
  • Track record of at least 3 new purchase loans per month
  • Established referral network including realtors and financial professionals
  • College degree or equivalent military experience
  • Strong understanding of local real estate market
  • Knowledge of FHA, VA, FNMA, and FHLMC guidelines
  • Positive credit history and passing background check

Responsibilities

  • Cultivate and maintain partnerships with realtors and builders
  • Originate mortgage loans across all 50 states
  • Leverage personalized marketing options and technology to attract clients
  • Collaborate with in-house processing, underwriting, and closing teams
  • Ensure quick loan processing and underwriting turnaround within 30 days
  • Utilize shared or dedicated Banker Assistants to enhance productivity
  • Participate in mentorship programs to further business growth

Benefits

  • Federally chartered bank allowing origination in all 50 states without state licensing
  • Comprehensive marketing support and access to advanced technology
  • In-house operations team for all processing and underwriting needs
  • Commitment to closing loans within 30 days
  • Access to diverse loan products for various financial scenarios
  • Strong secondary department with extensive investor relationships
  • Secure work environment facilitated by bank-issued laptops
  • Encouragement for originators to develop their own brand within the bank's platform
Full Job Description
Job Type

Full-time

Description

Now Hiring Experienced Mortgage Bankers Nationwide! The Federal Savings Bank is a veteran-owned, federally chartered private bank with loan production offices nationwide.

At The Federal Savings Bank, we have built strong relationships with a local realtors and builders across our lending footprint and we continue to build key partnerships. To further extract business from these partnerships, we are seeking qualified retail loan officers who want to help cultivate these relationships, build new ones, and work together to grow their business to the next level. Only experienced Mortgage Bankers will be contacted.

For more information please contact:

SARAH HELTON, VP of Business Development

Phone: 847-977-1858

Email: [email protected]

What We Offer:
  • Federally Chartered Bank, Mortgage Bankers can originate in all 50 states without the hassle of state licensing
  • Personalized marketing options, robust marketing support program(s), mobile app, and the latest technology gives our Mortgage Bankers the edge they need to compete and win!
  • Experienced and highly trained operations staff for Processing, Underwriting, Closing and Post Closing (ALL 100% IN HOUSE). On-site operations support available in most loan production offices.
  • Quick turn times for Processing and Underwriting - Our goal is to get your loans closed in 30 days or less
  • Shared or dedicated Banker Assistants for the majority of our Retail Mortgage Bankers
  • Loan products for every scenario: FHA/VA, Conventional, USDA, Jumbo, 203k and Renovation, Portfolio, ITIN, Condos/Co-ops, Construction, HECM's, Multi-Family, Commercial, Personal Lending and more!
  • Strong Secondary Department with 55+ investor relationships and direct seller to Fannie Mae and Freddie Mac; Ginnie Mae approved
  • Bank-issued laptops create a secure environment for Bankers working in an office or remotely
  • Mentorship programs available to Sales Managers and Originators looking to grow their business and expand their teams.
  • Unique company culture where originators are encouraged to build their own brand within The Federal Savings Bank platform


Requirements

  • Minimum of three years of mortgage lending or retail mortgage banking experience
  • Three or more new purchase loans per month
  • Well-developed referral base, including realtors, past clients, financial planners, attorneys and/or accountants
  • College degree or equivalent work or military experience
  • Knowledge of real estate market in local area
  • Knowledge of FHA, VA, FNMA, FHLMC guidelines
  • Favorable credit history and background check

We are seeking experienced Mortgage Professionals with a minimum of 3 years of experience and actively working in the retail mortgage banking industry. Only qualified candidates will be considered.

Salary Description

Commission

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