The Federal Savings Bank
Senior Loan Processor – WA, OR, ID, AZ, NV
The Federal Savings Bank, Phoenix, Arizona, United States
All Jobs > Senior Loan Processor - WA, OR, ID, AZ, NV
Senior Loan Processor - WA, OR, ID, AZ, NV - Fully Remote • United States (Pacific Time Zone), AZ • Operations - Processing Department
Full‑time
Description The Federal Savings Bank (“TFSB”) is actively searching for experienced mortgage loan processing professionals to support our west coast sales 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.
We are currently looking for qualified applicants specifically residing in Washington, Oregon, Idaho, Arizona, and Nevada.
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 file
Analyze package for completeness to ensure loan file meets investor guidelines
Analyze credit, income, asset and collateral documents and submit files to underwriting
Clear loan conditions and communicate effectively with Sales, Processing and Underwriting team
Collaborate with back‑end processors to review & analyze title for all requirements and address issues, insurance coverage for borrower
Maintain loan file compliance while managing pipeline as various volume levels
Work effectively under specific time constraints and meet end‑of‑month deadlines
Assist in the seamless transition of new Mortgage Bankers and operations employees to our model
Complete 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 preferred
4+ years of recent mortgage processing experience required
Recent Correspondent Lending experience strongly preferred
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
Experience processing delegated, non‑delegated, and broker transactions
Proficiency with
Encompass
loan origination software
Ability to calculate income, including self‑employed
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
What We Offer
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
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‑60k base salary + monthly bonus incentive
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Senior Loan Processor - WA, OR, ID, AZ, NV - Fully Remote • United States (Pacific Time Zone), AZ • Operations - Processing Department
Full‑time
Description The Federal Savings Bank (“TFSB”) is actively searching for experienced mortgage loan processing professionals to support our west coast sales 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.
We are currently looking for qualified applicants specifically residing in Washington, Oregon, Idaho, Arizona, and Nevada.
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 file
Analyze package for completeness to ensure loan file meets investor guidelines
Analyze credit, income, asset and collateral documents and submit files to underwriting
Clear loan conditions and communicate effectively with Sales, Processing and Underwriting team
Collaborate with back‑end processors to review & analyze title for all requirements and address issues, insurance coverage for borrower
Maintain loan file compliance while managing pipeline as various volume levels
Work effectively under specific time constraints and meet end‑of‑month deadlines
Assist in the seamless transition of new Mortgage Bankers and operations employees to our model
Complete 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 preferred
4+ years of recent mortgage processing experience required
Recent Correspondent Lending experience strongly preferred
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
Experience processing delegated, non‑delegated, and broker transactions
Proficiency with
Encompass
loan origination software
Ability to calculate income, including self‑employed
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
What We Offer
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
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‑60k base salary + monthly bonus incentive
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