Apply Job Type Full-time Description

The Federal Savings Bank (“TFSB”) is actively searching for experienced mortgage loan processing professionals to support our Scottsdale office and top consumer direct lending team.  At TFSB, the senior loan processing role is known as the "Underwriting Analyst".  The Underwriting Analyst’s primary goal is to have a first-time approval from Underwriting with minimal conditions. It is the responsibility of the Underwriting Analyst to review, analyze, and submit loan files to underwriting based on agency, investor, and company guidelines with a focus on efficiency and quality.

This position is based in our Scottsdale office; Ideal candidates are able to work hybrid/in-office part of the week, however fully remote candidates who do not live a commutable distance to the office will also be considered.

What We Offer:

Generous time offCompany culture that fosters work/life balanceRobust Health, Dental, and Vision insurance plans and company-paid life insurance401k match with capCompetitive salary plus the BEST monthly bonus plan in the biz!In-house virtual training opportunities to broaden your industry knowledgeEmployee recognition on a national scale with incentivesBig bank capability, small-bank feel

Duties and Responsibilities:

Daily utilization of Encompass loan origination systems and automated underwriting systems DU/LPSet 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 back-end processors to review & analyze title for all requirements and address issues, insurance coverage for borrowerMaintain 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 Requirements High school diploma or equivalent required; 4-year degree preferred4+ years refinance mortgage processing experience requiredRecent Correspondent Lending experience strongly preferredKnowledge of agency loan programs, multiple investor loan programs, and underwriting criteria for government and conventional offeringsExperience processing FHA and VA loans strongly preferredBrokerage processing experience of IRRRLs strongly preferredExperience managing a pipeline of 45+ Purchase & Refinance loansExperience processing delegated, non-delegated, and broker transactionsProficiency with Encompass loan origination softwareAbility to calculate income, including self-employedExcellent interpersonal, communication, and time management skillsAbility to operate effectively & efficiently in high-pressure situationsAll 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. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.

Salary Description $50k-55k base salary + monthly bonus incentive