• Assumptions Mortgage Loan Specialist NMLS

    US Bank (Owensboro, KY)


    At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. 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. Bank 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

    Responsible for servicing assumptions and subordinations for eligible customers, ensuring loan-servicing requirements are met as specified by the investor. Assures compliance with bank, regulatory and investor guidelines, and customer service standards. Communicates with customers, internal staff, title companies, etc. to respond to inquiries, resolve problems and obtain all necessary documentation required for the file.

     

    This position requires National Mortgage Licensing System (NMLS) registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z. You will be subject to the required registration process, which includes a criminal background and credit check. Failure to meet or maintain any of the NMLS registration requirements, including maintaining a satisfactory criminal and credit record, may result in a rescission of your offer or termination of employment.

    Basic Qualifications

    - High school diploma or equivalent

     

    - Typically, three or more years of job-related experience

    Preferred Skills/Experience

    - Thorough knowledge of assumptions processing and closing policies and procedures, documents, underwriting requirements, governmental and agency requirements, terminology and automated processing systems

     

    - Thorough knowledge of credit policies and loan approval processes

     

    - Ability to collect and organize information

     

    - Effective verbal and written communication skills

     

    - Proficient computer navigation skills using a variety of software packages including Microsoft Office applications

     

    - Ability to work effectively in a fast paced, high production environment

     

    - Good organization skills

     

    -Mortgage experience with knowledge of the mortgage processes

     

    -Experience working with Mortgage Assumptions a plus

     

    -Strong collaboration skills, with the ability to communicate errors and changes to help the team

     

    -Strong attention to detail with a high level of accuracy

     

    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 (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .

    Benefits:

    Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

     

    + 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

     
     

    E-Verify

     
     

    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: $20.87 - $27.84

     
     

    Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

     

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