The Federal Savings Bank
Senior Loan Processor - Southlake, TX
The Federal Savings Bank, Southlake, Texas, United States, 76092
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Pay Base pay range: $50,000.00/yr – $60,000.00/yr
Job Type Full‑time
Description The Federal Savings Bank ("TFSB") is actively searching for an experienced mortgage loan processing professional to support our Southlake, TX sales team. The
Senior Loan Processor
primary goal is a first‑time approval from Underwriting with minimal conditions. The Sr. Processor reviews, analyzes, and submits loan files to underwriting based on agency, investor, and company guidelines with a focus on efficiency and quality.
This position is based onsite in our Southlake office four days a week, with one day of remote work. Qualified candidates must reside in the Dallas–Fort Worth (Tarrant County) area at the time of application.
Duties and Responsibilities
Daily utilization of Encompass loan origination systems and automated underwriting systems DU/LP
Set and maintain proper expectations with all parties on the loan file
Analyze package for completeness to ensure loan file meets investor guidelines
Analyze credit, income, asset and collateral documents and submit files to underwriting
Clear loan conditions and communicate effectively with Sales, Processing and Underwriting teams
Collaborate with back‑end processors to review & analyze title for all requirements and address issues, including insurance coverage for borrower
Maintain loan file compliance while managing pipeline at various volume levels
Work effectively under specific time constraints and meet end‑of‑month deadlines
Assist in the seamless transition of new Mortgage Bankers and operations employees to our model
Complete Bank's customer service training and apply to everyday communications with borrowers and mortgage bankers
Requirements
High school diploma or equivalent required; 4‑year degree preferred
4+ years of recent mortgage processing experience required
Recent Correspondent Lending experience strongly preferred
Knowledge of agency loan programs, multiple investor loan programs, and underwriting criteria for government and conventional offerings
Experience managing a pipeline of 45+ Purchase & Refinance loans
Experience processing delegated, non‑delegated, and broker transactions
Proficiency with Encompass loan origination software
Ability to calculate income, including for self‑employed borrowers
Excellent interpersonal, communication, and time management skills
Ability to operate effectively & efficiently in high‑pressure situations
All applicants must be flexible with their schedules as they may be required to work after‑hours, especially during peak volume periods
What We Offer
PTO that increases with length of employment
7 paid holidays
Company culture that fosters work/life balance
Medical, dental, and vision insurance plans
HSA and FSA plan options
Company‑paid life insurance
401k with partial match
Competitive salary plus the BEST monthly bonus plan in the biz!
In‑house virtual training opportunities to broaden your industry knowledge
Employee recognition on a national scale
Big bank capability, small‑bank feel
Equal Opportunity 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.
Salary $50k–$60k base salary + monthly bonus incentive
Seniority Level Mid‑Senior level
Employment Type Full‑time
Job Function Finance and Sales
Referrals increase your chances of interviewing at The Federal Savings Bank by 2x. We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
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Pay Base pay range: $50,000.00/yr – $60,000.00/yr
Job Type Full‑time
Description The Federal Savings Bank ("TFSB") is actively searching for an experienced mortgage loan processing professional to support our Southlake, TX sales team. The
Senior Loan Processor
primary goal is a first‑time approval from Underwriting with minimal conditions. The Sr. Processor reviews, analyzes, and submits loan files to underwriting based on agency, investor, and company guidelines with a focus on efficiency and quality.
This position is based onsite in our Southlake office four days a week, with one day of remote work. Qualified candidates must reside in the Dallas–Fort Worth (Tarrant County) area at the time of application.
Duties and Responsibilities
Daily utilization of Encompass loan origination systems and automated underwriting systems DU/LP
Set and maintain proper expectations with all parties on the loan file
Analyze package for completeness to ensure loan file meets investor guidelines
Analyze credit, income, asset and collateral documents and submit files to underwriting
Clear loan conditions and communicate effectively with Sales, Processing and Underwriting teams
Collaborate with back‑end processors to review & analyze title for all requirements and address issues, including insurance coverage for borrower
Maintain loan file compliance while managing pipeline at various volume levels
Work effectively under specific time constraints and meet end‑of‑month deadlines
Assist in the seamless transition of new Mortgage Bankers and operations employees to our model
Complete Bank's customer service training and apply to everyday communications with borrowers and mortgage bankers
Requirements
High school diploma or equivalent required; 4‑year degree preferred
4+ years of recent mortgage processing experience required
Recent Correspondent Lending experience strongly preferred
Knowledge of agency loan programs, multiple investor loan programs, and underwriting criteria for government and conventional offerings
Experience managing a pipeline of 45+ Purchase & Refinance loans
Experience processing delegated, non‑delegated, and broker transactions
Proficiency with Encompass loan origination software
Ability to calculate income, including for self‑employed borrowers
Excellent interpersonal, communication, and time management skills
Ability to operate effectively & efficiently in high‑pressure situations
All applicants must be flexible with their schedules as they may be required to work after‑hours, especially during peak volume periods
What We Offer
PTO that increases with length of employment
7 paid holidays
Company culture that fosters work/life balance
Medical, dental, and vision insurance plans
HSA and FSA plan options
Company‑paid life insurance
401k with partial match
Competitive salary plus the BEST monthly bonus plan in the biz!
In‑house virtual training opportunities to broaden your industry knowledge
Employee recognition on a national scale
Big bank capability, small‑bank feel
Equal Opportunity 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.
Salary $50k–$60k base salary + monthly bonus incentive
Seniority Level Mid‑Senior level
Employment Type Full‑time
Job Function Finance and Sales
Referrals increase your chances of interviewing at The Federal Savings Bank by 2x. We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr