Wholesale Loan Assistant

Min

USD $46,440.00/Yr.

Max

USD $64,476.00/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. This position is eligible to work in any of our California branches.

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

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EEO Statement

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, color, religion, sex, sexual orientation, gender identity, military and/or veteran status, or disability in accordance with Executive Order 11246, Section 503 of the Rehabilitation Act of 1973, as amended, and the Vietnam Era Veterans Readjustment Assistance Act of 1974, which require affirmative action to ensure equal opportunity in all aspects of employment. WaFd Bank does not discriminate on the basis of national origin or citizenship status as provided under the Immigration Reform and Control Act of 1986, or any other Federal or State legally-protected classes. 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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Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled

EEO Policy Statement

• WaFd Bank

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CCPA Notice at Collection for CA Employees and Applicants

Requisition Post Information* : Posted Date

5/31/2024