Ready to see how much house you can afford?

Washington D.C. Residential Mortgage Processor

The Federal Savings Bank, a Federally Chartered Bank with a focus on residential home lending, is currently seeking experienced mortgage professionals to assist with the timely processing of residential mortgage loans for our Crofton, Maryland office. Our 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.

Requirements

  • 4 year college degree
  • 2 + years recent Residential Mortgage Experience
  • Experience Processing FHA/VA/and Conventional Loans
  • Detail-Oriented
  • Positive Attitude
  • Self-Motivated: This is a smaller, growing branch and the ideal candidate would require minimal supervision
  • Excellent Interpersonal, Communication, and Time Management Skills
  • Creative, Solutions-Oriented Individual
  • Effective Problem Solver
  • Ability to work well in a team environment
  • Proficiency with Encompass LOS preferred
 
Responsibilities

  • Proficient working with automated underwriting systems (DU/LP) and major loan originations systems
  • 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

Application