Mortgage Banker

The Federal Savings Bank
Washington, DC Full Time
POSTED ON 3/27/2024 CLOSED ON 4/25/2024

What are the responsibilities and job description for the Mortgage Banker position at The Federal Savings Bank?

Description

Hiring an experienced Purchase and Construction focused Loan Officer for The Federal Savings Bank's top retail and construction lending team based in Washington D.C. and immediately begin lending in all 50 states (Remote Loan officers also welcome).  

The Federal Savings Bank is a veteran-owned, federally chartered private bank with 35 loan production offices nationwide. We seek experienced retail loan originators who wish to take their business to the next level with our cutting edge mortgage app, digital closing software, marketing CRM, and portfolio products.  


For more information please contact:


SARAH HELTON

Phone: (847) 977-1858 

Email: shelton@thefederalsavingsbank.com


What We Offer:

  • Ability to lend in all 50 states without the hassle of state licensing
  • Robust marketing support program(s), mobile app, custom design requests, and the Total Xpert (Eagle Eye) marketing CRM give LOs the edge they need
  • Latest technology: Blend and Snap E-Close technology allows borrowers to send, receive, and sign documents digitally and securely 
  • Experienced and highly trained operations staff (ALL 100% IN HOUSE). 
  • Bank-sponsored Mortgage Banker Assistant and Loan Partner programs 
  • Loan programs for every borrower: FHA/VA, Conventional, USDA, Jumbo, 203k and Renovation, Portfolio, Condos/Co-ops, Construction, HECM's, Multi Family, Commercial, Personal Loans, ITIN, and more! 
  • Robust Secondary Department investor relationships and direct seller to Fannie Mae, Freddie Mac, and Ginnie Mae - No agency underwriting overlays!
  • Competitive pricing and compensation plans 

More Reasons to Join:

  • Federally chartered bank owned and operated by a loan officer
  • Construction loans with little to no money down  
  • Personal loans that are used for the sole purpose of helping your client to become a homeowner
  • EVP Coaching for Loan officers and Managers looking to grow professionally. We will help you revamp your business plan!
  • NAHREP National sponsor, and accessibility to NAHREP 10 certified coach of the year 
  • Unique company culture where originators are encouraged to build their own brand while leveraging The Federal Savings Bank platform
  • National Employee Appreciation Events 
  • Annual Chairman's Club trips to cultural destinations like Italy, Peru, and Spain!
  • Partial 401k matching & Medical, Dental, and Vision insurance plans available

Requirements

 Job Requirements:

  • Minimum of 2 years of experience as a retail loan originator or loan officer
  • Two or more new purchase loans per month preferred, or $15 million in annual production.
  • Well-developed referral base, including realtors, past clients, financial planners, attorneys and/or accountants preferred
  • College degree or equivalent work or military experience preferred
  • Knowledge of real estate market in local area preferred
  • Spanish-speaking Loan officers welcome!  We have bilingual processing operations support 
  • Working knowledge of FHA, VA, Conventional and Construction loan guidelines
  • Strong desire to continue growing a successful sales career in residential lending 
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