Mortgage Loan Purchase Specialist, Level 3

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

📋 Description

• Acquire and purchase loans from external lenders.

• Evaluate loans to ensure adherence to bank, regulatory, investor standards, and customer service expectations.

• Assess the acceptability of loans.

• Liaise with lenders, team members, title companies, and other parties to address and resolve pending issues.

• Gather necessary documentation while ensuring its completeness and precision.

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

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

• Create mandatory disclosure information within specified timelines to ensure regulatory adherence.

⛳️ Requirements

• High school diploma or equivalent qualification.

• Generally, three to five years of pertinent experience.

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

• Capability to identify and resolve exceptions and to analyze data.

• Ability to handle multiple tasks/projects and meet deadlines concurrently.

• Strong data entry and mathematical abilities.

• Excellent verbal and written communication skills.

• Proficient in computer navigation and familiar with various software packages, including Microsoft Office applications.

• Candidates must adhere to U.S. Bank policies and procedures, including the Code of Ethics and Business Conduct, as well as relevant workplace conduct and safety policies.

• Subject to applicable employment eligibility verification and background-check requirements.

🏝️ Benefits

• Healthcare (medical, dental, vision).

• Basic term and optional term life insurance.

• Short-term and long-term disability coverage.

• Pregnancy disability and parental leave options.

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

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

• Up to 11 paid holiday opportunities.

• Adoption assistance program.

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

• Incentive and recognition initiatives.

• Equity stock purchase options.

• Pension plan benefits.

• Disability accommodations available during the application or hiring process.