[Hiring] Loan Originator @The Federal Savings Bank

Role Description

Looking for Remote Loan Originators Nationwide!

If you're motivated to refine your abilities, increase your efficiency, and help more referral partners close more loans, all while enhancing your lifestyle, then you are in the right place! At The Federal Savings Bank you will have the ability to lend in all 50 states and help more clients!

We are a veteran-owned, federally chartered bank that offers the widest array of loan programs:

• Fannie, Freddie, Ginnie
• Jumbo, non-QM, reverse, and bank portfolio loan programs

We can close your purchases and refinances within 25 days with:

• In-house processing, underwriting, and closing
• A fully paid loan officer assistant program
• World class origination and customer fulfillment systems

Additionally, we offer marketing support to optimize your online presence, maintain strong relationships with past clients and referral partners, and help you grow your business!

Qualifications

• You are an enthusiastic go-getter who is highly motivated
• You can bring and serve existing referral sources (such as realtors, previous customers, and other lead generators)
• You can build new referral sources nationwide with the ability to lend in 50 states
• You possess the ability to master different loan programs and desire to learn our bank portfolio programs to complete your experience in originating Fannie/Freddie, FHA, VA, and USDA loans

Requirements

• This position is 100% commission and those hired are eligible to earn monthly commissions 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

Benefits

• Loan programs for every borrower: FHA, VA, Conventional, USDA, Jumbo, 203k and Renovation, Portfolio programs (ITIN, bridge, 2nd home, investment, etc.), Condos/Co-ops, portfolio construction & renovation programs, reverse mortgage, multi-family & apartment building, commercial, personal unsecured loans and more!
• Cutting edge mortgage app, digital closing software, and our marketing CRM
• Annual Chairman’s Club trips to fantastic cultural destinations
• Coaching from your Executive Vice President to help you grow professionally
• TFSB offers an extensive benefits package, including medical, dental, vision and 401k match!

Company Description

The Federal Savings Bank is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.

For more details please contact:

• Alejandra Villasenor
• Phone: (312) 738-8422
• Email: [email protected]