Residential Loan Processor III

If you are motivated to produce accurate results in a fast paced environment and serving the needs of members and co-workers, this position may be for you! The Residential Lending Team is seeking a Residential Loan Processor III to be responsible for handling complex files, responsible for the accurate setup and ordering of documentation for newly originated mortgage loans, including FHA, VA, Conforming, Conventional, ARM, Jumbo, and State Housing/DAP Programs. You will be the liaison between the loan officer, borrower, underwriter, closer and funder. You will review and prepare loan files to ensure accuracy and completion of supporting documents, as well as compliance with underwriting and investor guidelines. Every member of the team collaborates toward the shared goal of providing our members the best possible experience! Ready to learn more?

Your day might include:

• Reviewing files for instructions from the assigned Loan Processor and Loan Officer as to how files should be set up and what exhibits needs to be ordered for the processing of the file
• Ordering and reviewing third party documentation, including credit checks, title reports, appraisals, flood certifications, tax returns, verifications of employment/assets, condo documentation and homeowners insurance binders identifying and communicating any information that needs attention
• Maintaining accurate file notes and LOS data entry
• Organizing and reviewing documentation to clear loan conditions based on authority
• Understanding and following compliance regulations according to WSECU Operating Procedures and Investor Guidelines, in addition to federal and agency regulations
• Responsible for sending out Notices of Incomplete file to members in a timely manner
• Consistently performing duties with attention to detail and with a sense of urgency and accuracy
• Contributing to a positive work environment by adhering to WSECU's Code of Conduct and daily representing a "can-do" attitude
• Acting as a change agent to continually improve the service, quality and efficiency of the Residential Lending Department
• Performing other duties/tasks as assigned

What you bring to the team:

• Minimum three (3) years of mortgage processing experience
• Current working understanding FNMA, FHLMC, FHA, VA, WSHFC programs
• Ability to obtain NMLS registration
• Ability to troubleshoot complex mortgage loan file scenarios
• Ability to balance a pipeline of purchases and refinances
• Excellent oral and written communication skills and the ability to professionally communicate with staff and membership
• Proficient in standardized software applications, including Microsoft Office Suite (i.e. Word, Excel, PowerPoint and Outlook)
• Experience and efficiency with loan origination systems and real estate calculators
• Excellent attention to detail and organizational skills, critical thinking, decision-making and problem-solving skills

Bonus points if you have:

• Bachelor's degree

Competitive pay: $30.47 - $45.70 per hour, dependent on relevant qualifications, plus an annual discretionary incentive plan and benefits package

• The target starting pay for this position is $30.47 - $38.08 per hour, typically within the first half of the range. Actual offers will be based on individual qualifications relevant to the role and will not take an applicant's pay history into account.
• The range above allows our employees room for growth through annual merit and other pay increase during their tenure in the position.

Where we're located: 330 Union Ave, Olympia WA. Employee must reside and perform all work in the state of Washington. This is a work from home/hybrid position with the exception of occasional on-site training, meetings and specific organization events.

Working from home/hybrid requirements:

• Reliable, high-speed home internet connection
• Private, confidential workspace, away from distractions and other people
• Suitable desk/surface and desk chair

When you'd work: Monday - Friday, 8:30 am - 5:30 pm, full time minimum 40 hours per week, with scheduling flexibility to meet service needs for this non-exempt position

Perks: Here are a few benefits and perks we offer:

• Medical, Dental, Vision, and Life Insurance with Premiums paid by WSECU
• Full-Time Regular employees accrue general leave and sick leave, on a monthly basis
• Part-Time employees accrue general leave, on a monthly basis
• 11 Paid Holidays
• Employer paid Long Term Disability & Long Term Care plan for Full-Time employees
• Employer paid Long Term Care plan for Part-Time employees
• 401(K) with 8.5% Contribution by WSECU to begin 1st quarter after 1 year of service
• Paid Volunteer Leave
• Tuition Assistance
• Employee Assistance Program & Employee Discounts
• And, you get to work with some awesome people!

WSECU was named to the Forbes Best-In-State Credit Unionlist in 2025, making us the only credit union in Washingtonto earn this recognition five years in a row!

IND2

#LI-Hybrid

We champion our employees' unique differences because we believe diversity is critical to the success of our members and the communities we serve. We're proud to provide a workplace based on equality and do not discriminate based on race, color, religion, creed, national origin, ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, gender identity, marital status, or any other legally recognized protected basis under federal, state or local law.

Accommodations are available for applicants with disabilities. If you are an individual with a disability and require a reasonable application to complete any part of the application process, or are limited in the ability or unable to access or use this online application process and need an alternative method for applying, you may contact 360-754-2118 or email us for assistance.