Mortgage Loan Purchase Specialist

This is a fully remote position, open to applicants in Minnesota.

📋 Description

• Acquire and procure loans from external lenders.

• Assess loans for adherence to bank, regulatory, investor guidelines, and customer service standards.

• Evaluate loan acceptability.

• Interact with lenders, staff, title companies, and other parties to address outstanding issues.

• Gather essential documentation and ensure its completeness and accuracy.

• Deliver loan packages to the Secondary/Pooling Unit for prompt sale in the secondary market.

• Organize and submit government loan files to HUD/VA for insurance or guaranty.

• Prepare necessary disclosure information within specified timelines and ensure compliance with regulations.

⛳️ Requirements

• High school diploma or equivalent qualification.

• Generally, a minimum of one year of relevant experience.

• Fundamental understanding of loan processing, closing, and funding policies and procedures.

• Capability to identify and resolve exceptions and interpret data.

• Ability to manage various tasks/projects and meet deadlines simultaneously.

• Proficient data entry and mathematical abilities.

• Strong verbal and written communication skills.

• Skilled in computer navigation using various software packages, including Microsoft Office applications.

• Ability to adhere to U.S. Bank policies and procedures, including the Code of Ethics and Business Conduct along with related workplace conduct and safety policies.

🏝️ Benefits

• Healthcare coverage (medical, dental, vision).

• Basic term and optional term life insurance.

• Short-term and long-term disability benefits.

• Pregnancy disability and parental leave.

• 401(k) plan and employer-funded retirement plan.

• Paid vacation (ranging from two to five weeks depending on salary grade and tenure).

• Up to 11 paid holiday opportunities.

• Adoption assistance.

• Sick and Safe Leave accrual of one hour for every 30 hours worked, up to 80 hours per calendar year unless otherwise stipulated by law.

• Incentive and recognition programs.

• Equity stock purchase options.

• 401(k) contributions and pension plan.