Hybrid Program Compliance Administrator – Homeownership

State of Washington Housing Finance Commission; Seattle (WA); Hybrid; USD 89,000 - 121,000; Full time

Benefits offered by this job

Telecommuting

Paid holidays

Paid vacation

Transit passes

Retirement plan

Dental insurance

Job summary

Washington State Housing Finance Commission seeks a Program Compliance Administrator to oversee in-house homeownership programs and manage daily loan files in a hybrid Seattle setting. This role leads workflow, ensures regulatory alignment, and develops policies supporting agency goals and strategic plans.

Reporting to the Homeownership Division Manager, you will monitor loan reservations, provide lender guidance, and train staff on program procedures while upholding high professional standards

Qualifications

• Proven expertise as a loan processor or underwriter with FHA, VA, USDA, and conventional loans.
• Deep familiarity with the House Key state bond loan program, including compliance loan calculations of household income.
• Mastery in conducting pre-closing, post-closing, and loan servicing quality control audits per Fannie Mae, Freddie Mac, and Ginnie Mae guidelines.

Responsibilities

• Ensures adherence to all regulatory requirements with IRS programs and related loans.
• Review, interpret, and apply complex federal and state codes, local ordinances, policies and procedures.
• Manage program fund allocation and monitor daily loan reservation and purchase transactions.
• Provide prompt technical support to lenders regarding the reservation system.
• Generate and maintain detailed reservation system reports.
• Review and approve pre and post purchase loan files for program compliance within 2 business days of receipt.
• Perform daily assessments of loan underwriting to ensure IRS or other program guidelines compliance.
• Offer professional counsel to lenders on compliance issues and manage file corrections.
• Provide expert guidance on homeownership programs to lenders, realtors, housing organizations, and the public.
• Develop and deliver comprehensive training for lenders on loan program procedures.
• Conduct post-closing quality control audits and resolve loan discrepancies with investors and lenders.
• Produce detailed lender performance reports for management review.
• Lead team projects and collaborate with management to implement process improvements.
• Develop strategic program reports and provide actionable recommendations to management.
• Develop and maintain knowledge of investors (Fannie Mae, Freddie Mac, Ginnie Mae) and IRS/state guidelines.
• Participate in racial equity and strategic planning goals to advance diversity, equity, and inclusion.

Skills

Loan processing

Underwriting

Lender support

Regulatory compliance

Relationship management

Analytical skills

Education

Bachelor's degree

Tools

Mortgage software

Loan reservation system

Database management

Financial platforms

Job description

Washington State Housing Finance Commission seeks a Program Compliance Administrator to oversee in-house homeownership programs and manage daily loan files in a hybrid Seattle setting. This role leads workflow, ensures regulatory alignment, and develops policies supporting agency goals and strategic plans.

Reporting to the Homeownership Division Manager, you will monitor loan reservations, provide lender guidance, and train staff on program procedures while upholding high professional standards