Description Now Hiring Experienced Mortgage Bankers in Holmdel, NJ The Federal Savings Bank is a veteran-owned, federally chartered private bank with loan production offices nationwide. At The Federal Savings Bank, we have built strong relationships with a local realtors and builders across our lending footprint and we continue to build key partnerships. To further extract business from these partnerships, we are seeking qualified retail loan officers who want to help cultivate these relationships, build new ones, and work together to grow their business to the next level. Only experienced Mortgage Bankers will be contacted. For more information please contact: SARAH HELTON, VP of Business Development Phone: 847-977-1858 Email: [email protected] What We Offer: • Federally Chartered Bank, Mortgage Bankers can originate in all 50 states without the hassle of state licensing • Personalized marketing options, robust marketing support program(s), mobile app, and the latest technology gives our Mortgage Bankers 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). On-site operations support available in most loan production offices. • Quick turn times for Processing and Underwriting – Our goal is to get your loans closed in 30 days or less • Shared or dedicated Banker Assistants for the majority of our Retail Mortgage Bankers • Loan products for every scenario: FHA/VA, Conventional, USDA, Jumbo, 203k and Renovation, Portfolio, ITIN, Condos/Co-ops, Construction, HECM's, Multi-Family, Commercial, Personal Lending and more! • Strong Secondary Department with 55+ investor relationships and direct seller to Fannie Mae and Freddie Mac; Ginnie Mae approved • Bank-issued laptops create a secure environment for Bankers working in an office or remotely • Mentorship programs available to Sales Managers and Originators looking to grow their business and expand their teams. • Unique company culture where originators are encouraged to build their own brand within The Federal Savings Bank platform Requirements • Minimum of three years of mortgage lending or retail 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 history and background check Outside Sales Compensation This position is 100% commission and those hired are eligible to earn monthly commissions that are based upon a percentage, 50-200 basis points (0.50%-2.00%), of funded loan volume. Total volume funded is based on individual production and performance. There is no cap on commissions. For more information please contact: SARAH HELTON, VP of Business Development Phone: 847-977-1858 Email: [email protected] We are seeking experienced Mortgage Professionals with a minimum of 3 years of experience and actively working in the retail mortgage banking industry. Only qualified candidates will be considered. 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.