Loan Officer - Remote

Job Type<br><br>Full-time<br><br><strong>Description<br><br></strong>Are you tired of not having access to differentiating products and not finding a place where you can truly thrive? At The Federal Savings Bank, we don’t offer you the typical loan officer position. We give you the tools necessary to build your own empire and find your professional home. Through our robust portfolio and a cutting-edge CRM, we give you the resources that will turn your prospects into closings faster than you’ve ever seen!<br><br>This is where you stop being a loan officer and start being a pipeline-building powerhouse.<br><br><strong>For More Information Please Contact<br><br></strong><strong>Erin Ahern, S</strong><em><strong>VP of Business Development, Talent Acquisition<br><br></strong></em><strong>Phone: 773-339-9146<br><br></strong><strong>Email:</strong> eahern@thefederalsavingsbank.com<br><br><strong>Why You’ll Never Look Back<br><br></strong><ul><li>Tech That Wins: Our mortgage app, digital closing software, and marketing CRM make deals happen fast. Plus, you’re lending in all 50 states from day one.</li><li>Client Benefits No One Can Touch: Tired of losing solid borrowers because your product menu is too small? Our expanded lending platform lets you serve more clients with VA, FHA, conforming, and jumbo, new construction, renovation as well as medical professionals, personal loans, near miss loans and other niche programs.</li><li>Build Your Legacy: We’re not just hiring, we’re creating leaders. Use our systems to expand your real estate agent database, manage your pipeline, and even run your own team. If you’re laser-focused and ready to commit, this is your shot at a long-term career—not another pitstop.<br><br></li></ul><strong>Why Choose Us?<br><br></strong><ul><li>Leverage our portfolio programs: Our unique portfolio programs allow you and your referral partners to “say yes” to more borrowers.</li><li>In-House Support: Enjoy the benefits of our in-house operations team, no third parties involved.</li><li>Comprehensive Benefits: We offer an excellent compensation and benefits package, including comprehensive medical/dental coverage and a 401(k) with company match</li><li>Nationwide Lending: Our bankers enjoy federal pre-emption and lend in all 50 states every day.<br><br></li></ul><strong>Requirements<br><br></strong><strong>What You’ll Bring<br><br></strong><ul><li>Minimum of three years of mortgage lending or retail mortgage banking experience</li><li>Three or more new purchase loans per month</li><li>Well-developed referral base, including realtors, past clients, financial planners, attorneys and/or accountants</li><li>College degree or equivalent work or military experience</li><li>Knowledge of real estate markets in local area</li><li>Knowledge of FHA, VA, FNMA, FHLMC guidelines</li><li>Favorable credit history and background check<br><br></li></ul>We are seeking experienced Mortgage Professionals with a minimum of 3 years of experience and actively working in the retail mortgage banking industry. Only qualified candidates will be considered.<br><br><em>The Federal Savings Bank is an</em> <em><strong>equal opportunity employer</strong></em><em>. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran, or disability status.<br><br></em>Salary Description<br><br>Commission

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Common Interview Questions And Answers

1. HOW DO YOU PLAN YOUR DAY?

This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

2. HOW DO YOU USE THE DIFFERENT COMMUNICATION TOOLS IN DIFFERENT SITUATIONS?

When you're working on a remote team, there's no way to chat in the hallway between meetings or catch up on the latest project during an office carpool. Therefore, virtual communication will be absolutely essential to get your work done...

3. WHAT IS "WORKING REMOTE" REALLY FOR YOU?

Many people want to work remotely because of the flexibility it allows. You can work anywhere and at any time of the day...

4. WHAT DO YOU NEED IN YOUR PHYSICAL WORKSPACE TO SUCCEED IN YOUR WORK?

With this question, companies are looking to see what equipment they may need to provide you with and to verify how aware you are of what remote working could mean for you physically and logistically...

5. HOW DO YOU PROCESS INFORMATION?

Several years ago, I was working in a team to plan a big event. My supervisor made us all work as a team before the big day. One of our activities has been to find out how each of us processes information...

6. HOW DO YOU MANAGE THE CALENDAR AND THE PROGRAM? WHICH APPLICATIONS / SYSTEM DO YOU USE?

Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

7. HOW DO YOU ORGANIZE FILES, LINKS, AND TABS ON YOUR COMPUTER?

Just like your schedule, how you track files and other information is very important. After all, everything is digital!...

8. HOW TO PRIORITIZE WORK?

The day I watched Marie Forleo's film separating the important from the urgent, my life changed. Not all remote jobs start fast, but most of them are...

9. HOW DO YOU PREPARE FOR A MEETING AND PREPARE A MEETING? WHAT DO YOU SEE HAPPENING DURING THE MEETING?

Just as communication is essential when working remotely, so is organization. Because you won't have those opportunities in the elevator or a casual conversation in the lunchroom, you should take advantage of the little time you have in a video or phone conference...

10. HOW DO YOU USE TECHNOLOGY ON A DAILY BASIS, IN YOUR WORK AND FOR YOUR PLEASURE?

This is a great question because it shows your comfort level with technology, which is very important for a remote worker because you will be working with technology over time...

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