Mortgage Loan Purchase Specialist

atU.S. BankRemoteUS flagMinnesotaFull-timeUncategorizedJunior$20 – $24/hour

Posted 4 days ago

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

📋 Description

• Acquire and purchase loans from external lenders.

• Assess loans for adherence to bank, regulatory, and investor standards as well as customer service expectations.

• Evaluate loan acceptability.

• Coordinate with lenders, team members, title companies, and others to address unresolved items.

• Gather essential documentation and verify its completeness and accuracy.

• Submit loan packages to the Secondary/Pooling Unit for sale on the secondary market.

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

• Generate required disclosure information within specified timeframes.

• Ensure adherence to all applicable regulations.


⛳️ Requirements

• High school diploma or equivalent qualification.

• Generally, at least one year of related experience.

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

• Ability to recognize and resolve exceptions as well as interpret data.

• Capability to manage multiple tasks/projects and deadlines concurrently.

• Proficient data entry and mathematical abilities.

• Strong verbal and written communication skills.

• Competent computer navigation skills across various software applications, including Microsoft Office suite.

• Must adhere to U.S. Bank's policies and procedures, including the Code of Ethics and Business Conduct and relevant workplace conduct and safety policies.


🏝️ Benefits

• Healthcare coverage (medical, dental, vision).

• Basic term and optional term life insurance.

• Short-term and long-term disability insurance.

• Pregnancy disability and parental leave.

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

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

• Up to 11 paid holidays per year.

• Adoption assistance.

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

• Incentive and recognition programs.

• Equity stock purchase options.

• 401(k) contributions and pension plan.

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