Job DescriptionWholesale Loan Assistant
Location : Location
US-WA-Seattle
Location : Address
425 Pike Street
Location : City
Seattle
Location : State/Province
WA
ID
2024-2609
Category
Lending Operations
Position Type
Full Time
Min
USD $44,000.00/Yr.
Max
USD $56,000.00/Yr.
Min
USD $44,000.00/Yr.
Max
USD $56,000.00/Yr.
Job Summary
This position is designed as an entry level position to provide basic processing support to the Wholesale lending activities of the Division. Under the direction of the Wholesale Manager and/or Wholesale Account Executive, this position's primary function is to receive and review loan packages received from a variety of approved mortgage brokers and to submit the loan files to the Loan Processing Center.
Key functions include but are not limited to the following:
Receive, review and input incoming loan packages
Identify and collect necessary documentation from the Broker
Establish and maintain good working relationship with Loan Processing Center
Prepare loan file for submission to Loan Processing Center
Assist Loan Processing Center with loan file requirements and client conditions
Coordinate client, Broker and title company communication throughout loan transaction
Communicate status of loan files and timeframes with Brokers
Review all rate locks and loan disclosures, including Loan Estimates and Closing Disclosure, for accuracy prior sending to Brokers
Manage rate lock expirations and closing timelines
Answer questions regarding loan programs, policies and procedures
Schedule client, realtor and Broker appointments as directed by Wholesale Manager or Account Executive
Coordinate and schedule loan closings with title companies and Brokers
Manage the Approved Broker List
Maintain current licensing requirements for Brokers
Perform Quarterly Broker audits
Manage Branch Custom Construction assignments
Assist with Broker meetings/Open Houses: invitations, reminders, set-up, catering, etc.
Monitor and track Wholesale loan volume. Generate monthly activity report
Provide clerical functions for the department including filing, distributing incoming mail, etc.
Complete special projects as assigned.
Qualifications
Applicants must have a high school diploma or equivalent, math and typing (45-50 wpm), 10-key; filing; detail-oriented; excellent organizational and communication skills; familiarity with loan documents preferred. Internal applicants must have "meets" or "exceeds" ratings on evaluations of performance expectations.
Benefits
At WaFd Bank you get all of these great benefits!
Paid time off for vacation, sick days and holidays
Health insurance
Stock options
Bonus programs
Generous 7% 401(k) employer matching*
Paid Parental Leave
Life and AD&D insurance
Long-term disability
Tuition Reimbursement
Employee assistance programs
Pre-tax health and dependent-care spending plans
WaFd Bank Benefits Summary - Click here for more information
EEO Statement
EEO is The Law - click here for more information
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled
We are committed to Equal Employment Opportunity and Affirmative Action. We recruit, hire, train and promote persons in all job titles and ensure that all other personnel actions are administered without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identity, age, veteran status, disability, genetic information, or any other protected characteristic. WaFd Bank is committed to providing reasonable accommodations to employees and applicants with disabilities to the full extent required by the Americans with Disabilities Act (ADA). If you feel you need a reasonable accommodation pursuant to the ADA, you are encouraged to contact us at 800.324.9375.
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Pay Transparency Nondiscrimination Provision - click here for more information
WaFd Bank Benefits Summary - click here for more information
Requisition Post Information* : Posted Date
3/11/2024
We are committed to Equal Employment Opportunity and Affirmative Action. We recruit, hire, train and promote persons in all job titles and ensure that all other personnnel actions are administered without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identity, age, veteran status, disability, genetic information, or any other protected characteristic. WaFd Bank is committed to providing reasonable accommodations to employees and applicants with disabilities to the full extent required by the Americans with Disabilities Act (ADA). If you feel you need a reasonable accommodation pursuant to the ADA, you are encouraged to contact us at 800.324.9375