Reverse Mortgage Specialists
- Posted: over a month ago
The Federal Savings Bank National Retail HECM Division is seeking an experienced HECM Specialist/Reverse Mortgage Banker to work with retirement age seniors to educate, originate reverse mortgages (FHA Home Equity Conversion Mortgages), and participate in related business development activities. The ideal candidate is an experienced Reverse Mortgage Professional looking to expand their business within a 50 state platform and currently originating 2+ HECM loans per month. This is a remote position.
- Build relationships with professional referral partners who refer clients seeking reverse mortgages
- Work with referral partners (financial planners, attorneys, CPAs, etc.) to provide trusted advice and originate reverse mortgages
- Interview applicants to help determine whether a reverse mortgage is the right option
- Keep informed of trends and developments in the reverse mortgage industry, as well as changing rules and regulations pertaining to reverse mortgage products
- Promote an environment that supports diversity and reflects The Federal Savings Bank brand
What We Offer:
- Federally Chartered, HECM Advisors and Sales Managers can originate in all 50 states without the hassle of state licensing
- Referral partnership with Credit Unions
- Personalized marketing options, robust marketing support program(s), mobile app, and the latest technology give our HECM Advisors the edge they need to compete and win!
- Experienced and highly trained HECM Operations staff for Processing, Underwriting, Closing and Post Closing (ALL 100% IN HOUSE) No more farming out your loans to third parties
- Shared HECM Banker Assistants for qualifying HECM Loan Originators
- Bank-issued laptops create a secure environment for Retail HECM Advisors working in an office or remotely
- 6+ HECM Investors and 26 correspondent investors
- Other Loan Options: FHA/VA, Conventional, USDA, Jumbo, 203k and Renovation, Portfolio, Condos/Co-ops, Construction, HECM's, Multi Family, Commercial, Personal Lending and more!
- Quick reference HECM Loan Originator guides and checklists available 24 hours on our company resource center page, including a Reverse Vision guide!
- Mentorship programs available to HECM Sales Managers and Originators looking to grow their business and expand their teams.
- Unique company culture where originators are encouraged to build their own brand within The Federal Savings Bank platform
- Two years sales experience of HECM mortgages / reverse mortgages
- Self Generated referral-based business
- 2 + HECM Units per month
- General knowledge and comfort with computer software
- Reverse Vision experience
- Willingness to spend over 80% of week on sales calls outside office
- Ability to interact, in a professional manner, with retirement age clients at all income levels and professional peer referral partners
- Favorable Credit and Background
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The Federal Savings Bank
AddressLos Angeles, CA
Finance and InsuranceView all jobs at The Federal Savings Bank