Mortgage Loan Purchase Specialist – Senior

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 criteria.

• Evaluate loan eligibility.

• Engage with lenders, team members, title companies, and others to address pending issues.

• Collect necessary documentation while ensuring completeness and accuracy.

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

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

• Create required disclosure information within specified timelines while maintaining regulatory compliance.

⛳️ Requirements

• A high school diploma or equivalent is required.

• Generally, three to five years of relevant experience is expected.

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

• Ability to identify and address exceptions and interpret data effectively.

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

• Strong data entry and mathematical abilities.

• Proficient verbal and written communication skills.

• Competent in navigating 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, along with related workplace conduct and safety guidelines.

🏝️ 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 benefits.

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

• Up to 11 paid holiday opportunities.

• Adoption assistance.

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

• Incentive and recognition initiatives.

• Equity stock purchase options.

• 401(k) contributions and pension plans.