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The Federal Savings Bank

Senior Loan Processor – Southlake, TX

The Federal Savings Bank, Southlake, Texas, United States, 76092

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Description

The Federal Savings Bank (”TFSB”) is actively searching for an experienced mortgage loan processing professional to support our Southlake, TX sales team.

Senior Loan Processor's

primary goal is to have a first-time approval from Underwriting with minimal conditions. It is the responsibility of the Sr. Processor to review, analyze, and submit 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 3 days a week, with 2 days working remote. Qualified candidates must reside in the Dallas-Ft. Worth (Tarrant County) area at the time of application to be considered. 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 Clear loan conditions and communicate effectively with Sales, Processing, and Underwriting team End-to-end processing and ownership of loan files, including but not limited to sending disclosures, pre-underwriting analysis of credit, income, assets, and collateral documents, borrower communication, document collection, and coordination of closing Maintain loan file compliance while managing pipeline as various volume levels Work effectively under specific time constraints and meet end-of-month deadlines 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 Strong knowledge of Jumbo, Construction, Conforming, and VA loan products Proficiency with Loan Origination Software (we use Encompass) 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 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.

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