Mortgage Banker

The Federal Savings Bank • Minneapolis, MN

1d

About The Position

The Federal Savings Bank is seeking client-focused sales professionals with at least three years of mortgage banking experience to help customers navigate the home lending process. The role offers the support of a 50-state lending platform, in-house processing, underwriting, and closing, and a broad range of loan programs. The bank provides tools and resources to help mortgage bankers and their referral partners deliver a strong home-lending experience.

This is an outside sales position paid 100% by commission. Eligible monthly commissions are based on a percentage of funded loan volume, ranging from 50 to 200 basis points (0.50% to 2.00%), with no commission cap. Total funded volume depends on individual production and performance. The bank is an equal opportunity employer.

Requirements

• At least three years of mortgage lending experience in outside sales.
• Active NMLS number.
• Self-motivated and results-oriented, with a strong drive for success.
• Strong interpersonal communication skills and the ability to interact effectively with individuals across all bank departments.
• Thorough knowledge of current mortgage origination guidelines and procedures.
• Favorable credit and background check.

Nice To Haves

• Two or more new purchase loans per month preferred.

Responsibilities

• Offer loan solutions that account for lending guidelines and customer requirements.
• Manage and maintain a customer relationship portfolio.
• Identify opportunities to retain existing clients and develop new ones.
• Manage the efficiency of the customer pipeline.
• Establish loan solutions and offer products and services to customers.
• Review documentation and ensure it is compliant.
• Gather customer information for analysis of multifaceted and/or complex borrowers.
• Coordinate with internal and external stakeholders to complete mortgage transactions.
• Manage self-generated customer referrals and realtor needs.

Benefits

• Medical, dental, and vision insurance plans.
• HSA and FSA plan options.
• Company-paid life insurance.
• 401(k) with partial match.
• Complimentary Employee Assistance Program (EAP).
• In-house virtual training opportunities to broaden industry knowledge.
• Education reimbursement.
• Employee home loan discount program.
• National-scale employee recognition.
• Frequent employee appreciation events.
• Mentoring for Sales Managers and Originators looking to grow their business.
• Annual Chairman's Club trips for top-performing sales team members.
• Competitive pricing and compensation plans.
• On-site operations support.
• In-house processing, underwriting, closing, and post-closing operations staff.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed