Remote Mortgage Banker - Nationwide

The Federal Savings Bank•Chicago, IL

4d•Remote

About The Position

The Federal Savings Bank is a veteran-owned, federally chartered private bank seeking experienced Mortgage Bankers nationwide. This role involves cultivating relationships with local realtors and builders, building new partnerships, and growing business. The bank offers a unique platform for originators to build their brand, supported by personalized marketing, robust technology, and experienced in-house operations staff for processing, underwriting, closing, and post-closing. They aim for quick turn times, with a goal of closing loans in 30 days or less. Mortgage Bankers will have access to shared or dedicated assistants, a wide range of loan products, and a strong secondary department with numerous investor relationships. The bank also provides bank-issued laptops for secure remote work and mentorship programs for growth.

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.
Actively working in the retail mortgage banking industry.

Responsibilities

Cultivate relationships with local realtors and builders.
Build new partnerships.
Grow business to the next level.
Originate loans in all 50 states.
Compete and win using provided marketing and technology.
Work with experienced operations staff for Processing, Underwriting, Closing and Post Closing.
Close loans in 30 days or less.
Utilize shared or dedicated Banker Assistants.
Originate various loan products including FHA/VA, Conventional, USDA, Jumbo, 203k and Renovation, Portfolio, ITIN, Condos/Co-ops, Construction, HECM's, Multi-Family, Commercial, Personal Lending.
Leverage strong Secondary Department with 55+ investor relationships.
Work securely with bank-issued laptops.
Participate in mentorship programs.
Build their own brand within The Federal Savings Bank platform.

Benefits

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
Latest technology
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
Shared or dedicated Banker Assistants for the majority of our Retail Mortgage Bankers
Loan products for every scenario
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