Warehouse Lending Collateral Specialist

Northpointe Bank

GRAND RAPIDS, MI

JOB DETAILS
SALARY
$22
SKILLS
Accidental Death and Dismemberment (AD&D), Communication Skills, Customer Support/Service, Detail Oriented, Documentation, Equal Employment Opportunity (EEO), Federal Housing Administration (FHA), Funding, High School Diploma, Leadership, Liens, Loan Collateral, Loan Documents, Loan Funding, Loans, Maintain Compliance, Marketing/Sales Collateral, Microsoft Excel, Microsoft Office, Microsoft Outlook, Microsoft Word, Mortgage, Mortgage Lending, Operational Audit, Operational Support, Operations Management, Organizational Skills, Philosophy, Problem Solving Skills, Process Improvement, Record Keeping, Regulatory Compliance, Regulatory Requirements, Residential Mortgages, Rural Development, Team Player, Time Management, Tuition Fees, Validation Documentation, Warehousing
LOCATION
GRAND RAPIDS, MI
POSTED
21 days ago

The POWER of a CAREER!

At Northpointe Bank, we believe your career should empower you — to grow, contribute, and find purpose. We’re hiring an Warehouse LendingCollateral Specialist to support Mortgage Purchase Program (MPP) operations through collateral review, document validation, investor delivery coordination, and compliance tracking.

This role is ideal for a detail-oriented mortgage professional who enjoys working with loan documentation, managing operational timelines, and ensuring collateral accuracy in a fast-paced environment.

What You’ll Do:

  • Monitor aging of wet-funded loans and follow up with clients when timelines exceed program tolerances
  • Retrieve and validate original executed collateral notes and supporting documentation
  • Cross-reference received collateral against funding submissions and confirm MERS registration accuracy
  • Prepare Bailee letters and coordinate shipment of collateral notes to committed investors within required timeframes
  • Maintain accurate records of collateral receipt, validation, and shipment activities
  • Demonstrate working knowledge of Conventional, FHA, VA, NonQM, Second Lien, and Rural Development loan programs
  • Communicate with internal teams and clients to resolve collateral-related issues and maintain workflow efficiency
  • Support compliance with investor requirements, regulatory standards, and internal operational controls
  • Assist MPP leadership with operational support and process improvement initiatives

What You Bring:

  • High school diploma or equivalent required
  • Prior residential mortgage lending experience preferred
  • Minimum of 1 year of customer service experience required
  • Strong attention to detail and ability to manage high-volume workflows
  • Strong organizational, communication, and problem-solving skills
  • Professional demeanor with the ability to interact effectively with internal and external customers
  • Ability to work independently and collaboratively in a team-oriented environment
  • Proficiency in Microsoft Office applications including Word, Excel, and Outlook

Why Join Northpointe?

Join a collaborative, operations-focused environment where your work directly supports investor delivery, mortgage operations, and customer success. You’ll have opportunities to grow your industry knowledge and contribute to process improvements. 

Our Hiring Philosophy

Northpointe Bank recognizes that the quality of our people is the foundation for our success. Attracting individuals who value a challenging work environment that rewards the contributions of its people is the cornerstone of our hiring philosophy.

It is the policy of Northpointe Bank and its subsidiaries to provide equal employment opportunities (EEO) to all persons regardless of age, race, sex, religion, national origin, handicap, marital status, or other attributes not pertinent to the job requirements. This policy reflects our practice of making all employment decisions, from recruitment to promotions, based on an individual's qualifications without discrimination on any basis.

Benefit Information:

  • Medical
  • Dental
  • Vision
  • Life, LTD, & AD&D
  • Dependent Care Spending Plan (DCSA)
  • Employer Stock Ownership Plan with 401(k) feature and company match
  • Complimentary Banking Services
  • Tuition Assistance 

Ready to Apply?

If you’re ready to support mortgage collateral operations with accuracy, compliance, and attention to detail, we want to hear from you. At Northpointe Bank, this is more than a job — it’s the POWER of a CAREER.

AA – EOE

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About the Company

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Northpointe Bank

To be the best bank in America by bringing value and innovation to the people we serve.

Northpointe Bank opened its doors in 1999. The initial focus of the organization was to be a sound financial resource for each and every client in need of a home loan. Over the years, Northpointe Bank has grown tremendously, but they still hold on to the same core values that has continued to bring them success.

While Northpointe Bank has continued to be an innovator in the mortgage industry, they have expanded their business units to include deposit accounts, mortgage purchasing programs, warehouse lending and banking fulfillment services.

Northpointe Bank has physical offices in Michigan, Colorado, Georgia, Indiana, Ohio and North Carolina, but their client base expands throughout the country.

COMPANY SIZE
100 to 499 employees
INDUSTRY
Financial Services
FOUNDED
1999
WEBSITE
http://www.npbank.com/