Mortgage Loan Originator/Processor

Mortgage Loan Underwriter
To evaluate and underwrite all mortgage loan types offered by Navy Federal Credit Union (NFCU) according to specific state and federal requirements to limit the risk exposure to NFCU's mortgage portfolio. To analyze required loan documentation and information presented in the mortgage loan request, to condition and make appropriate loan decisions based on the acceptability of the credit risk using established guidelines of NFCU, secondary market investors, and applicable state and government regulations. Works under supervision from higher level peers and leadership. Analyze mortgage loan information on loan documents such as income, assets, and credit criteria to confirm loan eligibility based on Navy Federal guidelines as well as adherence to investor requirement with or without independent scoring systems
recommend alternative mortgage products that could bring the loan within guidelines.
Analyze self-employed borrower income documentation
Approve mortgage loans and authorize loan disbursements based on a complete analysis of submitted documentation and/or applicable rules and regulations
analyze exception requests, prepare adverse action (loan disapproval) notifications or secondary loan reviews for adverse action, with awareness of compliance provisions of regulatory agencies
Work closely and collaborate with loan originator and processor to ensure all appropriate data and required documentation is obtained
Participate in mentoring sessions for Mortgage Processors, Mortgage Closers, and Mortgage Loan Officers
Maintain current knowledge of all NFCU mortgage products and any changes to guidelines by NFCU, investor, or government agencies that impact the processing of mortgage loan products
Participates in collaboration with training team to maintain training materials to ensure all guidelines are conveyed accurately and consistently
3 years of experience in mortgage lending

• Intermediate knowledge of mortgage/equity loan processing, closing and documentation requirements and regulations
• Basic database and presentation software skills
• Basic organizational, planning and time management skills
• Basic skill conducting complex personal and business financial analysis
• Basic word processing and spreadsheet software skills

Basic skill in underwriting self-employed borrowers
Basic skill conducting complex personal and business financial analysis
Monday - Friday, 8:00AM - 4:30PM

11270 St Johns Industrial Parkway South Jacksonville, FL 32246

• 9001 Airport Freeway, 9th Floor Suite 925 North Richland Hills, TX 76180
• Targeted Salary Range $25.34 - $38.85 hourly