Mortgage Loan Officer I/II

Job TitleMortgage Loan CounselorJob DescriptionTo interview and counsel members about first mortgage loans and to take mortgage loan applications. To establish and maintain personal relationship with members, and to guide and follow their mortgage loans from initial application through the loan closing process. To determine applicants' qualifications; providing detailed information about Navy Federal's mortgage and equity loan products; clarify complexities of the mortgage/equity loan process; and evaluate, personalize, and recommend financing alternatives. To build and maintain referral relationships with realtors, builders, and other centers of influence.ResponsibilitiesAnalyze referred loans for areas of concern and determine proper course of action (e.g. obtain explanations for derogatory credit)Determine and advise members on approved loan conditions and documentation requirementsEnsure progress and inclusion of required mortgage processing information (e.g. verifications of employment, assets, income and liabilities; appraisal reports, Navy Federal and investor requirements, etc.)Maintain contact with the member, Realtor and/or seller during the entire loan processMonitor mortgage loan process and ensure compliance with Federal laws, as well as, Navy Federal, NCUA and secondary market practices, guidelines and regulationsRemain available to members and/or their real estate agents during scheduled evening hours after assigned work days and during scheduled hours on assigned days off (e.g. weekends)Request and obtain documentation needed and forward to Mortgage Processor Respond to inquiries about mortgage applications, processing status, problems and concernsSeek and leverage opportunities to conduct outside marketing and promotional activities to members and potential members through financial presentations, local events and realtor/trade shows and eventsTake first mortgage loan applications via face-to-face interview, mail and telephoneResolve or arrange for resolution of operational/processing issues, inquiries and complaintsRespond to inquiries and resolve any issues concerning the processing of applicationsReview application for completeness, data integrity and accuracy; determine if additional information and/or supporting documentation is requiredPerform other duties as assignedQualificationsAbility to work effectively and efficiently with automated systemsExperience in the mortgage lending industryWorking knowledge of mortgage lending requirements, regulations and procedures for VA and conventional loan programsWorking knowledge of mortgage/equity loan processing, closing and documentation requirements and regulationsIncumbent will be required, prior to the assumption of employment duties, to register with the Nationwide Mortgage Licensing System and Registry; includes fingerprinting and background checksAdvanced skill in comprehending, analyzing, applying and communicating complex written legal documentsAdvanced skill speaking and/or presenting in front of groups in a professional settingAdvanced word processing and spreadsheet software skillsDesired QualificationsAdvanced knowledge of Navy Federal Mortgage Production and/or Servicing SystemsAdditional InformationHours: Monday - Friday, 8:00AM - 4:30PMLocation: 9999 Willow Creek Road, San Diego, CA 92131