Loan Coordinator - Mortgage Loan Coordinator WaFd Bank Employee Review

1.0
Jun 5, 2015
Recommend
CEO approval
Business outlook

Pros

Learn a lot. The people at the branch level were great to work with but everyone was looking for new jobs all the time. Pretty sad..

Cons

Horrible pay and the company cares little about their employees. Very high turnover rate and the company doesn't seem to care.

Explore other reviews about WaFd Bank

5.0
Mar 18, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The leadership at all levels is outstanding

Cons

No cons in the bank

2.0
May 28, 2026
Recommend
CEO approval
Business outlook

Pros

Primarily remote work. Decent PTO after the 4th year.

Cons

Limited staffing and limiting overtime opportunities until the bitter end of potentially missing deadlines, which you are guilted into working. 2% "raise" every January and ZERO merit raises. Gutted profit sharing and profitability bonuses over time. Most recent bonus, which is tied to net profit after dividends, was given a result when the scale was never published. All previous bonuses had a floor-to-ceiling profit scale that showed the targets months in advance of the end of the bonus period.

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