Remote Mortgage Banker

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

Qualifications

Experienced Mortgage Bankers with a proven track record in the retail mortgage banking industry.

Skills

• Strong relationship building skills
• Ability to work independently and manage multiple tasks
• Excellent communication and interpersonal skills
• Proficiency in real estate market analysis
• Understanding of various mortgage products and government guidelines

Benefits

• Federal Savings Bank, a veteran-owned, federally chartered private bank with loan production offices nationwide
• Personalized marketing options, robust marketing support program(s), mobile app, and the latest technology
• 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

Pay

This position is 100% commission and those hired are eligible to earn monthly commissions that are based upon a percentage, 50-200 basis points (0.50%-2.00%), of funded loan volume. Total volume funded is based on individual production and performance. There is no cap on commissions.

Schedule

Flexible schedule to accommodate the needs of the Mortgage Banker.