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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