• Mortgage Loan Processor

    US Bank (Minneapolis, MN)


    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

    Prepares and processes mortgage loan records, files and correspondence from application through approval. Assures compliance with bank, regulatory and investor guidelines and customer service standards. Communicates with customers, internal staff, brokers, counsel, title companies, etc. to respond to inquiries, resolve problems and obtain all necessary documentation required for the file. Works with internal and external partners to ensure the loan is progressing and meeting deadlines. Daily interaction with customers to gather documentation to submit for underwriting. Monitor the file from application to the closing process and working with the closing team to set the file up for closing. Utilize knowledge of government lending and bond lending programs.

    Basic Qualifications

    - High school diploma or equivalent

     

    - Three or more years of experience in mortgage loan processing and closing activities

    Preferred Skills/Experience

    - Well-developed ability to manage multiple tasks/projects and deadlines simultaneously

     

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

     

    - Thorough knowledge of credit policies and approval processes

     

    - Effective verbal and written communication skills

     

    -Strong communication skills and organizational skills to meet deadlines on a regular basis

     

    -Experience in processing State bond and Government loans (VA, FHA, USDA); knowledge of the requirements for each program

     

    -Exceptional customer service skills

     

    -Experience in managing a pipeline from application to closing; managing approximately 25-30 files per month

     

    _Hours: Monday- Friday 8am- 5pm EST_

     

    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: $22.50 - $30.00

     
     

    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.