Senior Mortgage Processor (Underwriting Analyst)

Employer
The Federal Savings Bank
Location
Fairfax, VA
Posted
Jun 14, 2017
Closes
Jun 21, 2017
Function
Analyst
Hours
Full Time
Loan Processing Rockstar needed for Fairfax, VA branch!The Federal Saving Bank is looking for an experienced loan processor to support our office in Fairfax, VA. With 5 offices in the region, our Mid Atlantic team is comprised of a veteran Operations Manager, 2 supervisors, and several processors of varying experience. The ideal candidate is a self-motivated problem solver with recent experience in Correspondent Lending (No brokerage experience please) and a Heavy Purchase pipeline. We continue to hire high-producing mortgage bankers in the region, creating ample bonus potential for our loan processors.See below for specifics on what we're looking for:The Federal Savings Bank 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 modelDuties and Responsibilities: Working with automated underwriting systems (DU/LP) and major loan origination systems (Encompass) 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 Support one of the top 10 originators in the US and his team All applicants must be flexible with their schedules, as they may be required to work after-hours, especially during peak volume periodsJob Requirements 2 year college degree OR equivalent military and/or mortgage experience 3 + years recent Residential Mortgage Processing Experience (Must be in Correspondent Lending) Must be knowledgeable of TRID and RESPA related guidelines Experience processing Conforming loans (FHA, VA) and Conventional loans Must have strong experience processing FHA loans Must have current experience processing Purchase Loans (Heavy Purchase vs. Refinance pipeline) Must have Encompass experience Experience working with automated underwriting systems such as (DU/LP) Experience managing a pipeline of 35+ loans Detail-Oriented Positive Attitude Excellent Interpersonal, Communication, and Time Management Skills Effective Problem Solver Ability to work well independently and in a team environment Ability to perform income calculations Bilingual English/Spanish preferred And last but not least, must possess a sense of humor!What We Offer: Competitive base salary (commensurate with experience) and bonus structure. Health, Dental and Vision insurance 401k options Paid Time Off Work/life balance Harmonious culture between sales/operations Opportunity to directly support one of the top originators in the US (Fairfax)