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Company Contact Info

  • 300 North Elizabeth Street
    Chicago, IL 60607
  • Sarah Helton, Regional Recruiter
  • Phone: 312-738-6230

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Senior Mortgage Banker

The Federal Savings Bank • Chicago, IL

Posted 11 days ago

Job Snapshot

Experience - 2 to greater than 15 years


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Job Description

The Federal Savings Bank is a veteran-owned, federally chartered private bank headquartered in Chicago with 20 + offices (and growing) nationwide. Our high standards for customer satisfaction, employee professionalism, and the ability to lend across all 50 states, provide an unparalleled opportunity for homeownership, personal and business success to both our customers and our employees.

Since our inception in 2011, The Federal Savings Bank has built strong relationships with a local realtors and builders across our lending footprint and we continue to build key partnerships.  In order to further extract business from these partnerships, we are seeking qualified retail loan officers, like yourself, who want to help cultivate these relationships, build new ones, and work together to grow your business to the next level.

What We Offer:

  • Federally Chartered, Mortgage Bankers can originate in all 50 states without the hassle of state licensing
  • Personalized Marketing Options Available for our Mortgage Bankers
  • Robust marketing support program(s), mobile app, and the latest technology to give our Originators the edge they need to compete and win!
  • Experienced and highly trained operations staff for Processing, Underwriting, Closing and Post Closing (ALL 100% IN HOUSE)
  • Live turn times for Processing and Underwriting available for every region – Our goal is to get your loans closed in 30 days or less
  • A variety of loan products: FHA/VA, Conventional, USDA, Jumbo, 203k and Renovation, Portfolio, Condos/Co-ops, Construction, HECM's, Multi Family, Commercial, Personal Lending and more!
  • Quick reference Loan Originator guides and checklists available 24 hours on our company resource center page
  • Over 60% of our Bankers and Sales Managers have Assistants
  • Mentorship programs available to Sales Managers and Originators looking to grow their business and expand their teams.
  • Strong company culture where originators are encouraged to build their own brand within The Federal Savings Bank platform

Job Requirements

  • Minimum of three years of mortgage lending or 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 and background
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