Senior Mortgage Processor - Scottsdale
Employment Type: Full-Time
Industry: Financial Services - Banking/Investment/Finance
Mortgage Analysts / Loan Processors: Your career search stops here! The Federal Savings Bank (â€œTFSBâ€) is actively seeking an experienced mortgage loan processor in the Scottsdale, AZ area. At TFSB, the senior loan processing role is known as the 'Underwriting Analyst'. The Underwriting Analystâ€™s primary goal is to have a first-time approval from Underwriting with minimal conditions.
What We Offer:Competitive salary plus industry leading monthly bonus planWork/Life balance with work from home benefit after 90 days (During the COVID-19 pandemic most employees will be working remotely)Generous Vacation days and sick timeHealth, Dental, and Vision insurance plans available50% 401k matchingEmployee appreciation events (Pizza days, Food Truck days, Pajama day, annual Halloween costume contest, and holiday parties just to name a few)Ongoing in-house training opportunities to broaden your industry knowledgeEmployee recognition on a national scaleSmall bank culture with big bank capabilitiesOperations employees eligible for annual Chairman's Club trips
Duties and Responsibilities:Daily utilization of 'Encompass' loan origination systems and automated underwriting systems 'DU/LP'Set and maintain proper expectations with all parties on the loan fileAnalyze package for completeness to ensure loan file meets investor guidelinesAnalyze credit, income, asset and collateral documents and submit files to underwritingClear loan conditions and communicate effectively with Sales, Processing, and Underwriting teamCollaborate with Closing Processing Analysts to review & analyze title for all requirements and address issues, insurance coverage for mortgageeMaintain loan file compliance while managing pipeline as various volume levelsWork effectively under specific time constraints and meet end-of-month deadlinesAssist in the seamless transition of new Mortgage Bankers and operations employees to our modelComplete Bank's customer service training and apply to everyday communications with borrowers and mortgage bankers
It is the responsibility of the Underwriting Analyst to review, analyze, and submit loan documents to Underwriting based on agency, investor, and company guidelines with a focus on efficiency and quality.
Job Requirements:High school diploma required, college degree preferred3 + years recent Residential Mortgage Processing experience requiredRecent Correspondent Lending experience strongly preferredKnowledge of agency loan programs, investor loan programs, and underwriting criteria for government and conventional offeringsExperience processing FHA & VA loans strongly preferredExperience managing a pipeline of 40+ Refinance or Purchase loansProficiency with Encompass loan origination software Ability to calculate income, including self-employedExcellent interpersonal, communication, and time management skillsAbility to operate effectively & efficiently in high-pressure situations Ability to work well in a team environment, a team-playerAll applicants must be flexible with their schedules, as they may be required to work after-hours, especially during peak volume periods
The Federal Savings Bank is an equal opportunity employer. Our success is derived from hiring individuals with true character and a focus on Efficiency, Quality and Productivity.
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