Mortgage Loan Purchase Specialist

U.S. Bank

At U.S. Bancorp India, we’re on a journey to do our best. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bancorp India gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

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 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 two to three years of relevant experience

Preferred Skills/Experience

Thorough 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

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Posting may be closed earlier due to high volume of applicants.

This is an U.S. Bancorp India posting. U.S. Bancorp India is a part of the U.S. Bank family.