
Mortgage Loan Purchase Specialist
Posted 4 days ago

Posted 4 days ago
This is a fully remote position, open to applicants in Minnesota.
• 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.
• 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.
• 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.
Milpark School of Commerce
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