Mortgage Loan Partner II

🕒 August 12

⚔️ Virginia – Remote

⚔️ Virginia – Remote

⏰ Full Time

🟡 Mid-level

🟠 Senior

🪙 Affiliate Manager

👻 Ghost score 18%

What it means: how likely this posting is sitting open without active hiring.How to read it: 60% or higher means we think this is a ghost. Lower scores are less of a worry.How we score it: age, reposts, open roles vs team size, how fast jobs close, and whether pay is listed.Fine print: an estimate from public data, not a judgment of the company. Real jobs can score high, so treat it as a hint, not a fact.

Apply Now

Find Similar Remote Jobs

Set Up Email Alert For New Jobs

📊 Check your resume score for this job

Improve your chances of getting an interview by checking your resume score before you apply.

Upload Resume

Waterstone Mortgage Corporation

WebsiteLinkedInAll Job Openings

501 - 1000 employees

Founded 2000

💼 Consulting

🏗️ Construction

🏥 Healthcare

Consulting • Construction • Healthcare

Waterstone Mortgage Corporation is a residential mortgage lender and wholly owned subsidiary of WaterStone Bank SSB that provides home purchase loans, refinances, reverse mortgages, construction/permanent financing and related borrower and realtor tools. The company focuses on guiding first-time and repeat homebuyers through the mortgage process with local loan originators, online calculators, educational resources, and partner services for real estate agents and builders. Waterstone emphasizes a streamlined origination process, community engagement, and a full suite of consumer mortgage products.

📋 Description

• Function as the primary contact and liaison between clients, Branch Manager, Sales Manager, and assigned Loan Originators • Take applications over the phone and schedule appointments • Coordinate weekly pipeline meetings with Loan Originators and processing for accurate file tracking • Submit complete loan applications after completing checklist items • Track requested documents in Encompass and review received documentation within 24 hours for discrepancies, omitted data, income calculations, asset verification, and file updates • Contact customers and realtors within 24 hours of receiving loan files and provide weekly status updates • Notify Loan Originators immediately when documentation discrepancies are found • Respond to customer and transaction-party inquiries in a timely manner • Run Automated Underwriting and ensure results match the Encompass file • Order FHA and VA case numbers, title commitments, appraisals, and flood insurance • Meet loan contract deadlines and rate-lock expiration dates • Partner with Loan Originators to resolve file and document problems • Ensure files are complete and set up according to WMC policies and procedures • Attend branch and team meetings • Maintain client contact and up-to-date status information throughout the loan process • Maintain a pipeline of 15 or more files and/or support two or more Loan Originators • Review approved mortgage loans and clear pre-closing conditions, including PMI, title, hazard insurance, flood determinations, and underwriting conditions • Notify borrowers promptly when additional documentation or information is needed and communicate 48-hour deadlines • Set reminders for loan commitment and closing dates • Verify file accuracy and consistency so closing documents comply with investor and product guidelines • Work with Loan Processors to prepare files for closing • Answer closing-requirement questions from staff, vendors, and investors • Coordinate closing time, date, and location with title companies, Realtors, Loan Originators, and borrowers • Develop, implement, and manage annual review calls with clients • Complete assigned duties and required regulatory/compliance training • Assist WMC employees and departments as needed

🎯 Requirements

• High school diploma or GED required • Five years of conventional fixed, ARM, HELOC, and construction mortgage loan processing experience required • Extensive knowledge of VA and FHA mortgage products required • Proficient knowledge of Microsoft Office required • Prior experience with Encompass LOS or other mortgage processing software required • Federal registration through the Nationwide Mortgage Licensing System (NMLS) required • DU, LP, and other automated underwriting engine submission experience preferred • Knowledge of current state mortgage lending laws • Ability to maintain a pipeline of 15 or more files and/or support two or more Loan Originators • Must be able to work under pressure • Excellent organizational skills • Strict confidentiality regarding customer accounts and other information • Must not engage in loan origination during employment with WMC • Must not take residential mortgage loan applications, offer or negotiate residential mortgage loan terms for compensation, or advertise loan origination services • Ability to complete required regulatory and compliance certification and training

🏖️ Benefits

• Remote work • Opportunity to play a key role in supporting consistent production and client experience • Cross-training opportunities to learn other positions and help the Branch during vacations and illness • Reasonable accommodations for individuals with disabilities • Equal employment opportunity and protected veteran/individuals with disabilities protections