Mortgage Banker

The Federal Savings Bank • Los Angeles, CA

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. Mortgage Bankers can grow their business using the bank’s 50-state lending platform, in-house processing, underwriting, and closing, and wide array of loan programs. The role is outside sales and is compensated entirely through commission. Eligible employees may earn monthly commissions based on 50–200 basis points (0.50%–2.00%) of funded loan volume, with no commission cap. Total funded volume depends on individual production and performance.

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 ability to interact effectively with individuals across all bank departments.
• Thorough knowledge of current origination guidelines and procedures.
• Favorable credit and background check.

Nice To Haves

• Two or more new purchase loans per month.

Responsibilities

• Offer loan solutions to customers while considering lending guidelines and customer requirements.
• Manage and maintain a customer relationship portfolio.
• Identify opportunities to retain existing clients and develop new clients.
• 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 ensure mortgage transactions are completed.
• 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 compensation plans and uncapped commissions.

What This Job Offers

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