Loan Processor - Mortgage Loan Processor WaFd Bank Employee Review

1.0
Mar 16, 2016
Recommend
CEO approval
Business outlook

Pros

its a job. the desk is nice, you can have a coke, tiny bonus averages to about 100.00 a month. while executives get 100K or more. expect lots of stress cause they want that bonus!!

Cons

low pay, too much work, no training, no support from supervisor, no back up when need help, you are on your own. most manual on the computer are out of date. if you like the feeling of panic you will be comfortable here. you can count on lots of attitude from this "just be nice" company!!

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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