Mortgage Loan Purchase Specialist

Job Description

Receives and purchases loans from third‑party lenders. Reviews loans to ensure compliance with bank, regulatory and investor guidelines and customer service standards and determines 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 the Secondary/Pooling Unit for sale on the 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.

• 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.
• 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.

Remote in Minnesota. Role is designated as U.S. home‑based remote.

$20.00 – $22.50 per hour.

• 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.