The Federal Savings Bank · 11 hours ago
Senior Loan Processor - Southlake, TX
Southlake, TX
Full-time
Hybrid
Mid, Senior Level
$50K/yr - $60K/yr
4+ years expThe Federal Savings Bank is actively searching for an experienced mortgage loan processing professional to support their Southlake, TX high-volume sales team. The Senior Loan Processor's primary goal is to achieve a first-time approval from Underwriting with minimal conditions, reviewing and submitting loan files based on guidelines with a focus on efficiency and quality.
BankingFinancial Services
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 file
Analyze package for completeness to ensure loan file meets investor guidelines
Clear loan conditions and communicate effectively with Sales, Processing, and Underwriting team
End-to-end processing and ownership of loan files, including but not limited to sending disclosures, pre-underwriting analysis of credit, income, assets, and collateral documents, borrower communication, document collection, and coordination of closing
Maintain loan file compliance while managing pipeline as various volume levels
Work effectively under specific time constraints and meet end-of-month deadlines
Complete Bank's customer service training and apply to everyday communications with borrowers and mortgage bankers
Qualification
Required
High school diploma or equivalent required
4+ years of recent mortgage processing experience required
Knowledge of agency loan programs, multiple investor loan programs, and underwriting criteria for government and conventional offerings
Experience managing a pipeline of 45+ Purchase & Refinance loans
Strong knowledge of Jumbo, Construction, Conforming, and VA loan products
Proficiency with Loan Origination Software (we use Encompass)
Ability to calculate income, including for self-employed borrowers
Excellent interpersonal, communication, and time management skills
Ability to operate effectively & efficiently in high-pressure situations
All applicants must be flexible with their schedules as they may be required to work after-hours, especially during peak volume periods
Preferred
4-year degree preferred
Recent Correspondent lending experience strongly preferred
Benefits
PTO that increases with length of employment
7 paid holidays
Company culture that fosters work/life balance
Medical, Dental, and Vision insurance plans
HSA and FSA plan options
Company-paid life insurance
401k with partial match
Competitive salary plus the BEST monthly bonus plan in the biz!
In-house virtual training opportunities to broaden your industry knowledge
Employee recognition on a national scale
Big bank capability, small-bank feel
Company
The Federal Savings Bank
The Federal Savings Bank focuses on teaching its customers about the mortgage process and giving them the opportunity to own a home.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
$31M2021-02-04Undisclosed· $30M
2014-04-08Undisclosed· $1M
Leadership Team
Andrew Chojnowski
Chief Operating Officer, Home Lending
Dan Semenak
Executive Vice President / Chief Operating Officer
Recent News
2025-10-24
newswire.com
2025-07-09
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