Mortgage Loan Purchase Specialist
Posted 1ds ago
Employment Information
Report this job
Job expired or something wrong with this job?
Job Description
Mortgage loan specialist purchasing and reviewing third-party loans for U.S. Bank. Ensuring regulatory compliance, documentation accuracy, and timely secondary-market delivery.
Responsibilities:
- Receive and purchase loans from third-party lenders
- Review loans for compliance with bank, regulatory and investor guidelines and customer service standards
- Determine loan acceptability
- Communicate with lenders, staff, title companies, and others to resolve outstanding items
- Obtain necessary documentation and ensure completeness and accuracy
- Deliver loan packages to the Secondary/Pooling Unit for sale on the secondary market
- Package and submit government loan files to HUD/VA for insurance or guaranty
- Prepare required disclosure information within designated time frames
- Ensure compliance with all regulations
Requirements:
- High school diploma or equivalent
- Typically at least one year of relevant 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
- Must comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies
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
- Incentive and recognition programs
- Equity stock purchase
- 401(k) contribution and pension
Similar Jobs
4d
Mortgage Loan Purchase Specialist, Level 3
Mortgage loan specialist purchasing and reviewing third-party loans for U.S. Bank. Ensuring regulatory compliance, complete documentation, and secondary-market delivery.
4d
4d
AVP, SBA Post-Closing Loan Servicing Specialist
Post-closing SBA loan servicing specialist supporting Leader Bank’s community banking and mortgage lending operations. Managing disbursements, loan files, financial reporting, compliance, and audits.
4d
No more related jobs available.