Want to offer products such as FHA/VA, RHS, 105%, Reduced LPMI in today's challenging lending environment? Want to have direct access to underwriters & processors in-house and not outsourced? Want to schedule closing on the day of CTC and no 72-hour wait? Tired of having no control and worrying over origination process? Tired of having no one standing behind you disappointing your clients and referral sources? Want to be notified of a good rate for your clients in real-time without flipping through rate sheets, review conditions & documents online everywhere? Want to be paid more competitively? Want multi-states presence? Want to take advantage of our hundreds and thousands of dollars of investments in WEI's origination platform? Want to be trained every day from the comfort of your home by one of the leading underwriters? Want free-leads? Want multi-language support? Want 2-hour turn time? Want lending and brokering dual authority? Want control and flexibility?
Join WEI (World Equity & Investments), a lender that truly stand behind its reputation and high service-level commitments to our originators and clients. As a prudent mortgage bank, we closed sensible loans few years ago - that's why we are still standing strong and expanding while some of the big banks fail! Our mission of expansion is aggressive and our commitment to developing and working with top talent is one of our priorities. Our lending practices are sound and safe! We offer our clients the most competitive rates in the business in addition to our promise of providing dynamic and attentive service with one of the lowest turn-over rates. Join us! WEI Mortgage Corporation is an Equal Opportunity Employer.
WEI's BENEFIT PACKAGE
- 401(k) from Fidelity Investments
- Vacations
- Holidays & Early Leaves
CONTACT HR
If you are interested in employment opportunities with WEI, please email us at jobs@weicorp.com.
EMPLOYMENT OPPORTUNITIES
- Underwriter (closed)
- Secondary Marketing Manager (closed)
- Quality Control Manager (closed)
- Post-Closing Manager (closed)
Loan Consultant I
As WEI's main business is to handle financing for real estate, investments, and purchases, we are always looking for enthusiastic loan officers to join our dynamic team. Loan Consultant I is a commission-only position. Appropriate training is provided for those with no prior experience. WEI is on the lookout for individuals who have a sense of responsibility and ethics, along with the tendency to put clients’ interests first. In addition to professional growth, we also offer very competitive salaries with commissions, a strong and friendly working environment. and more importantly, a fulfilling career.
Requirements:
- Excellent communication skills and customer service focus
- Sales or mortgage industry experience a plus, but not required
- High school diploma required; Bachelors degree preferred
- PC proficiency
Loan Consultant II
WEI is seeking topnotch mortgage professionals who have an advanced level of oral and written skills, have an ability to comprehend over 100 different first and second mortgage products with constantly changing guidelines, have an advanced understanding of the mortgage process including independently determining a borrowers ability to qualify, have superior sales skills including an ability to overcome obstacles, and have the ability to handle a fast paced highly automated environment.
Interested candidates must have the flexibility to work a shift between 7am - 7pm and Weekends as the business need requires; exercise independent judgment to effectively communicate complex criteria, guidelines, and mortgage industry terms to a wide variety of customers and participate in coaching and counseling with management.
We attribute our success to a dedicated team of Mortgage Professionals whose enthusiasm and commitment to customers has established us as leaders in the local mortgage industry. Loan Consultant II is a commission-only position.
Requirements:
- Three to five years' mortgage experience
- Must possess excellent problem solving and interpersonal skills
- Solid organizational skills
- Must possess good presentation skills, both formal and informal
- Proficient in Microsoft Word, Excel, Outlook, PowerPoint, etc.
We Offer:
- Live leads, team building
- Wide variety of mortgage products
- Very competitive commissions
- Professional & fun working environment
- Advertising support
- Direct access to decision makers
- Benefits including 401k, health pre-split reimbursement
Financial Analyst - Mortgage Finance (closed)
In order to monitor the overall system of internal controls supporting the integrity of the WEI's business activities by coordinating compliance with model validation policies. Participate in the ongoing development and administration of risk management programs, with responsibilities focused on the identification, measurement, management, and mitigation of the risks presented by business activities.
Job descriptions:
- Manage the ongoing implementation of WEI's Spreadsheet, Database Applications Policy and the Model Validation Policy to include understanding the background and impetus for various policies; demonstrate knowledge of all policy requirements; assist business units in implementing policy requirements, maintain good working relationships with all business unit partners; plan, organize, and execute reviews and perform ongoing monitoring required by policies; perform independent reviews of selected high risk / high impact spreadsheets, databases, and quantitative models.
- Report status to management, identify risks, and recommend control enhancements.
- Participate in the execution of the WEI's annual risk self-assessments. Identifies control weaknesses, process improvement opportunities, and formulates follow-up action items.
Requirements:
- Three to 5 years' progressively responsible experience in credit, market asset liability management and operations risk management of a financial institution.
- Bachelor's degree in Business, Finance, Accounting, a related field, or equivalent education required. Master's degree and/or Certified Public Accountant (CPA), Certified Financial Analyst (CFA) professional certification preferred
- Excellent communication skills both oral and written with strong analytical and problem solving skills. Able to analyze, apply, interpret, and communicate policies, procedures, and regulations effectively
- Demonstrated project management skills to include working within short timelines and under pressure at times
- Proficient in EViews, Matlab, Mathematica, SAS or related statistical software.
Secondary Marketing Manager (closed)
This person will Interfaces with closing agent on the following:
WEI is trying to be a leading local innovation and solutions provider for the financing markets of real estate investments and mortgage-backed security. Our team will provide equipment and service to manage interest rate fluctuation risk including stationary and dynamic solutions.
Job descriptions:
- Analyze & advise on secondary market transaction data for Fannie Mae-backed securities
- Make recommendations on the secondary marketing by executing forward sale
- Develop and implement strategic business plan to integrate closely with overall corporate goals to grow revenues and control interest fluctuation loss
- Provide management oversight and direction to remanufacturing operations and the used equipment team to improve efficiency and cost effectiveness
- Continue to develop forward sale to help provide better prospective customer coverage
- Effectively manage the base business to gain and retain customers and grow current business relations
- Develop and refine financial reports and warranty analysis information to help manage the business
Requirements:
- Bachelor's degree in business, engineering or related fields. MBA is a plus.
- 5 - 7 years of related experience, with at least 3 years of secondary market experience in mortgage industry
- Good sales and negotiation skills with a working knowledge of dealer and customer business practices
- Must have a good general understanding of both hedging and arbitraging skills. Leadership skills are critical
- Needs very good presentation and persuasion skills
Account Executive
WEI offers an excellent benefits package which includes dental, medical and visual insurance, 401K, company paid holidays and long and short term disability.
Job descriptions:
- WEI is currently seeking an Account Executive with at least two years of wholesale and/or mortgage experience for our fast growing region.
- Our main business focuses is on the Alt-A market. We are a long-term lender with underwriting and credit decisions being made on site.
- The individual will be making phone contact to mortgage brokers or visit them in Great Washington DC to develop long term relationships with WEI.
- The Account Executive will also pre-approve loans and manage their pipeline and production.
- We are looking for an individual that possesses exceptional sales, customer service, negotiation and follow-up skills. Must be able to multi-task and pay extreme attention to detail. We are willing to train the right people and there is unlimited income potential.
WEI offers highly competitive wages (a base salary plus commissions), and outstanding work environment, and wonderful benefits.
If you are a friendly, outgoing team player, then please apply today.
Underwriter (closed April 2008)
This person will be responsible for underwriting residential loans, knowing products guidelines with the ability to discuss scenarios with clients, detect possible mortgage fraud as well as utilizing internal fraud detection and appraisal review computer software, and communicating all underwriting stipulations to the current correspondent partner.
Requirements:
- Minimum of 2 years experience in residential mortgage underwriting
- Excellent customer service skills, very detailed oriented, strong work ethic, excellent organizational skills
- Multi-task and work in a fast paced environment
- Must be flexible to travel sometimes
Post Closing Coordinator (closed)
Interfaces with closing agent.
Job descriptions:
- Obtain/review estimated HUD-1, compare fees to on TIL to ensure accuracy of TIL for regulatory compliance.
- Obtain via fax select signed closing documents for audit and issuance of funding authorization to closing/disbursement agent. Collect post-doc closing conditions.
- Obtain underwriter sign off prior to funding.
- Follow up on return of signed closing documents.
Requirements:
- 2 years min. experience assisting with processing/closing activities
- Excellent verbal and written communication skills. Good PC/database skills utilizing loan closing and funding software.
- Detail and number oriented
- Exceptional customer service and organizational skills
