Our Sales Team

Joining The Federal Savings Bank sales team means gaining access to unparalleled services including but not limited to:

  • Latest Technology
  • Comprehensive loan programs: Jumbo, Super Jumbo, Agency, FHA, VA, USDA, and Condo
  • Construction
  • Home Equity Conversion Mortgage (HECM) - The 'New' Reverse Mortgage
  • Asset Based Lending Programs
  • Security Based Lending Programs
  • Portfolio Lending Options
  • Credit Restoration Services for Borrowers
  • Continued Training and Education Classes
  • In-house Operations and Processing
  • Full Service Marketing Department

Ready to take your business to the next level? Click here to view a list of the career opportunities nationwide.

Our Process

With the entire mortgage process completed in-house, you get to know your full team, resulting in better communication to your clients on where exactly their loan stands in the mortgage process.

Loan Manufacturing Process


Our Marketing Department ensures that every banker is fully supported. On Day One, bankers have access to a full suite of Marketing Programs and Services. From automated email campaigns to remain “top-of-mind” to custom marketing pieces to target specific buyers, Marketing is committed to growing your business.

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Our mission is simple: Make technology an asset to your career, not an obstacle. At The Federal Savings Bank, our completely cloud-based platform not only makes it possible for you have real-time, full access to everything you need to do your job anywhere at any time, but our relentless drive to create technological efficiencies in our processes makes it easier and more rewarding to advancing your career.

Pipeline management tools show you the exact status of all of your loans in real-time.

Information Security:

Our priority is protecting customers’ personal information. Our in-house Information Security Officer and information security team regularly update our Bank’s security procedures and policies resulting in a secure paperless environment to conduct business. To aid in these efforts, The Federal Savings Bank provides a company-issued laptop to all Retail Mortgage Bankers equipped with software such as Encompass/Reverse Vision, a secure VPN so you can work anywhere there is wi-fi available and Key Pass to keep confidential passwords safe and secure at all times.

Access Exclusive Programs

Our loan officers can always find a program to satisfy the unique needs of clients and referral sources at great rates. Loan officers are free to use our in-house underwriting and all correspondent lenders for conventional, jumbo or government programs. For unique products and situations, they have the option of using one of our many portfolio lenders. In addition to the many banks we do business with, we also sell directly to Fannie Mae and Freddie Mac.

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Conforming Options
  • Delegated Underwriting
  • 97% financing available with PMI & condos (first-time buyers only)
  • Locks available without a secured property
  • The bank warrants all condos & co-ops through internal condo departments
  • Condo 51% CPM Approval / PERS Available
  • Purchases on properties owned < 90 days with unlimited increase in sales price with Fannie/Freddie
  • Delegated underwriting authority
  • FHA cash-out
  • FHA streamline with no appraisal
  • FHA High Balance available
  • In-house condo approvals
  • 203K Renovation Loans
  • Delegated underwriting authority for VA & USDA
  • Manual underwriting available for VA
  • VA IRRRL & cash out
  • VA Jumbo
Jumbo Options
  • Delegated underwriting authority to $3,000,000
  • Non-warrantable condos up to $1,000,000 correspondent / $3,000,000 broker
  • Foreign national programs
  • 50% DTI
  • Broker Investor products
  • ARM interest only available
  • Non-QM products available
Home Equity Conversion Mortgage (HECM) – Retirement Age Loan
  • Delegated underwriting authority More Flexibility
  • Single Family Residence - 2 to 4 Unit Owner Occupied Multi Family
  • Townhomes - Duplexes - Manufactured homes - FHA Approved Condos
  • 2 Proprietary Jumbo Programs - Non- FHA above 625k Limits
  • Banker Internal HECM Referrals Nationwide
Portfolio Loans
  • Asset Based lending Direct
  • Cross collateralized options
  • Multi Family
  • Near Miss Jumbo Fannie / Freddie
Construction Loans
  • 1X close with modification
  • Long term lock options up to 360 days
  • Conforming loan amounts up to $484,350.00
  • Jumbo new construction to $3,000,000
  • 5% Down Payment Conventional (95% LTC)
  • FHA, VA new construction loans
Foreign Nationals
  • Loan amounts from $300,000 to $3 million (higher loans considered on case by case basis)
  • Non warrantable Condos and Cooperatives
  • 50% owner occupied, high commercial percentages are acceptable
Second Mortgages
  • 80/10/10
  • Fixed & HELOC available
Multi Family Program
  • 5-, 7-, and 10-year fixed-rate and hybrid ARMs
  • 30-year amortization
  • Partial-and full-term interest only available
  • Up to 80% LTV
  • Cash-out options
  • Various prepayment options

Transitioning and Onboarding

The Federal Savings Bank has onboarding processes in place to ensure that you are up and running on day one. Dedicated team members from Technology, Marketing, and Training will give you the tools you need to seamlessly continue to generate new business without missing a beat.

Manage a team or an office? Not a problem. We have successfully transitioned teams of 5 to over 75 bankers with ease. We work with the office manager/business owner to make sure that all key items are in place - computers, phone, internet, and office signage, all while transitioning each individual team member.

Easy Transitioning and Onboarding – Let Us Do the Work!

Your dedicated Regional Marketing Coordinator is essential to your successful and seamless transition to the Bank and serves as your liaison with all of The Federal Savings Bank.

  • Coordinates with IT to ensure all necessary equipment is provided to you
  • Coordinates with Accounting/Payroll & Benefits to set up your Marketing Expense Account
  • Creates your website, business cards, flyers, CRM login and moving announcements
  • Assists you with any additional requests or questions

The Transition Coordinator helps you understand our loan manufacturing process and guides you through your transition to our software every step of the way. During your first 90 days with the Bank, the Transition Coordinator(s) will serve as an acting shared Assistant Mortgage Banker and help with the following:

  • Initial set up and NMLS transfer
  • Assists with Encompass and Pre-Approvals
  • Prepares applications and disclosures for signing
  • Loan guidelines, borrower qualification, and structuring of loan financing.
  • Assist in pipeline management and work with Processing, Underwriting, and Closing teams to get your loans closed in a timely manner
  • Rate plan pricing
  • Provides introductions to key leadership and support personnel
  • Coordinates desk setup, phone, and laptop configured with apps needed (Encompass, email, etc.)

Our Commitment to Those Who Served

As one of the fastest growing and most successful banks in the nation, our secret to success is simple: we employ team members with exceptional character and quality. And who better meets these expectations than our nation’s finest?

As a veteran owned and operated company, we are dedicated to providing employment opportunities to our veterans. We are always seeking highly motivated, disciplined, skilled military officers of great integrity who desire an extraordinary civilian career.

The Federal Savings Bank training department will build on previous leadership experience, further develop professional skills, and prepare our Bankers for a rewarding and successful career in the mortgage industry.

Ideal candidates will possess the following:

  • Honorable discharge
  • Superb problem-solving skills
  • Outstanding relationship building skills
  • Strong organizational skills
  • Excellent communication skills
  • Daily sense of urgency
  • Superior work ethic and sense of mission
  • Motivation to succeed in a team environment
  • Impeccable character

If you have what it takes to be a top performing mortgage banker, please email recruiting@thefederalsavingsbank.com.

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Giving Customers the Retirement They’ve Earned

Our growing Home Equity Conversion Mortgage (HECM) sales team prides themselves on their ability to introduce the Home Equity Conversion Mortgage (HECM) as a financial solution that may help eliminate financial concerns for retirement age homeowners.

We are looking for mortgage bankers to specialize in the Home Equity Conversion Mortgage (HECM) Program to educate our customers 62 years of age or older who have equity in their home that a HECM may turn their equity into cash they can use any way they want.

If you have what it takes to be a professional mortgage banker with the Home Equity Conversion Mortgage (HECM) team, please email recruiting@thefederalsavingsbank.com.