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U.S. Bank National Association

Mortgage Final Document Specialist

Career Insights for Loan Processor

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Based on Kentucky data

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What they do

A Loan Processor processes applications for bank loans including mortgage or commercial loans. Assists customers with the application process, organizes and reviews credit information or business financial reports, and puts together materials needed for loan underwriters to evaluate an application.

$41,932 / year median in Kentucky

-26% projected decline

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Job Description

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 This role requires working from a U.S. Bank location three (3) or more days per week. Performs a formal review and inspection of all final loan documentation to ensure accuracy and completeness within the designated time period. Contacts the appropriate party for timely delivery of all final loan documentation. Performs data entry of appropriate data elements from the documents into current tracking system and completes necessary forms and reports to track final documentation process. Reviews final documentation for compliance with investor/guarantor requirements. Facilitates the correction of any exception identified during the review process. Communicates with title agents, recording offices, lenders and borrowers until the exception have been cleared. Performs a quality control review to verify that all documents on the shipping transmittal are included in the current shipment and ensures final documentation is forwarded to the appropriate final destination. Prepare documents for execution, ensure they meet the required standards. Basic Qualifications High school diploma or equivalent Three or more years of mortgage experience Preferred Skills/Experience Strong customer service and communication skills Proficient computer navigation skills using a variety of software packages Strong organizational skills Knowledge of mortgage or title processes Experience managing a pipeline with the ability to manage multiple deadlines Excellent time management skills with strong organizational skills with the ability to be flexible with change
Locations:
-Owensboro- 3 days in office min., 2 days remote, Flexible schedule. Missouri-Home based 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.
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:
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 Review our full benefits available by employment status here. 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. E-Verify U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. 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:
$21.94 - 26.82 U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of
FINRA, NMLS
registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures. 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.