Mortgage Loan Purchase Specialist

Job Description Location expectations This role is designated as U.S. home-based remote. Receives and purchases loans from third party lenders. Reviews loans to ensure compliance with bank, regulatory and investor guidelines and customer service standards and determine acceptability. Communicates with lenders, staff, title companies, etc. to resolve outstanding items in order to obtain all necessary documentation and ensure completeness and accuracy. Delivers loan packages in a timely manner to Secondary/Pooling Unit for sale on Secondary market. Packages and submits government loan files to HUD/VA for insurance/guaranty. Prepares required disclosure information within designated time frames ensuring compliance with all regulations. Basic Qualifications High school diploma or equivalent Typically at least one year of relevant experience Preferred Skills/Experience Basic knowledge of loan processing, closing and funding policies and procedures Ability to identify and resolve exceptions and to interpret data Ability to manage multiple tasks/projects and deadlines simultaneously Good data entry and mathematical skills Effective verbal and written communication skills Proficient computer navigation skills using a variety of software packages including Microsoft Office applications Strong attention to detail with a focus on accuracy and quality Strong time management skills with the ability to prioritize tasks and meet deadlines in a fast-paced environment Mortgage industry experience with knowledge of loan documentation review, processing, and compliance requirements preferred Location: Remote in Minnesota Benefits Healthcare (medical, dental, vision) Basic term and optional term life insurance Short-term and long-term disability Pregnancy disability and parental leave 401(k) and employer-funded retirement plan Paid vacation (from two to five weeks depending on salary grade and tenure) Up to 11 paid holiday opportunities Adoption assistance Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law. E-Verify U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program. The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $20.00 - $22.50 Posting may be closed earlier due to high volume of applicants. #J-18808-Ljbffr