Close spiff

Ready to see how much money you can save on your monthly mortgage payment?

New England Mortgage Loan Processor

The Federal Saving Bank is looking for an experienced loan processor to support a small, rapidly growing branch in Bedford, NH. The ideal candidate will be someone that is self-motivated and requires very little supervision. We continue to hire mortgage bankers tied to this branch which provides a strong bonus incentive.

The Federal Savings Bank Mortgage Processor’s primary responsibility will be to analyze and submit files to underwriting and closing based on agency, investor, and company guidelines with a focus on efficiency and quality, while seamlessly transitioning new Bankers to our model.


  • 4 year college degree or equivalent military and/or mortgage experienc
  • 2 + years recent Residential Mortgage Experience
  • Must be knowledgeable of TRID and RESPA related guidelines
  • Experience processing Conforming loans (FHA, VA) and Conventional loans
  • Proficiency with Encompass software preferred
  • Experience working with automated underwriting systems such as (DU/LP)
  • Experience managing a pipeline of 35+ loans
  • Detail-Oriented
  • Positive Attitude
  • Excellent Interpersonal, Communication, and Time Management Skills
  • Effective Problem Solver
  • Ability to work well independently and in a team environment
  • Experience working with multiple investors and their guidelines
  • Ability to perform income calculations
  • And last but not least, must possess a sense of humor!

  • Working with automated underwriting systems (DU/LP) and major loan origination systems (Encompass)
  • Analyze credit, income, asset and collateral documents to submit files to underwriting
  • Calculate income for qualifying, including self-employed income analysis
  • Clear loan conditions and communicate effectively with team
  • Ability to work effectively under specific time constraints
  • Ability to work independently
  • Communicate with borrowers and third parties to obtain loan documentation
  • Ability to operate in a fast paced environment
  • Setting and maintaining proper expectations with all parties on the loan file
  • Knowledge of State/Federal regulations to maintain loan file compliance
  • Knowledge of agency and investor loan programs and underwriting criteria for both conventional and government offerings
  • Effectively manage loan pipeline at various volume levels
  • All applicants must be flexible with their schedules, as they may be required to work after-hours, especially during peak volume periods