Mortgage Loan Review Specialist I at Navy Federal Credit Union | The Muse (2024)

Navy Federal Credit Union

Winchester, VA

Overview

To ensure that mortgage and equity loan documents are complete and accurate according to FNMA, FHLMC, federal, state, investor, RESPA, TILA, and NFCU guidelines and requirements. Review and validate full loan package post-closing, includes items related to the loan such as the Closing Disclosure, Loan Estimate, income documents, appraisals, other miscellaneous documents. Record, track, monitor documentation issues and productivity.

Responsibilities

  • Validate processed RESPA cures to ensure the payout is processed appropriately in accordance with regulatory guidelines
  • Determine whether mortgage and equity loan documents conform to stated guidelines and requirements
  • Review system of record and enter tasks for identified issues
  • Research, analyze and resolve issues related to documentation
  • Document identified issues; update documentation as issues are resolved
  • Review scanned mortgage documentation and index the image into the appropriate document type
  • Coordinate with external vendors and internal business units to correct erroneous information
  • Complete mortgage and equity document reviews within Service Level Agreement (SLA)
  • Perform Other duties assigned

Qualifications

  • Exposure to managing multiple priorities independently and/or in a team environment to achieve goals
  • Effective clerical, technical or administrative skills
  • Effective research, analytical, and problem solving skills
  • Effective organizational, planning and time management skills
  • Effective skill following, interpreting and applying relevant data/instructions to guidelines, procedures, practices and Regulations
  • Effective skill performing mathematical calculations and working accurately with numbers
  • Effective verbal and written communication skills
  • Effective word processing and spreadsheet software skills

Desired Qualifications

  • Exposure to reviewing/analyzing loans for compliance with Federal/state/county/NCUA/laws, regulations and policies
  • Exposure to mortgage lending principles, concepts and practices including mortgage processing, closing, servicing, and underwriting
  • Familiarity with financial institution and lending practices, principles, and regulations
  • Familiarity with mortgage/equity loan processing, closing, and documentation requirements and regulations
  • Familiarity with Navy Federal Products, services, programs, policies and procedures

Hours: Monday - Friday, 8:00AM - 4:30PM

Location: 141 Security Drive Winchester, VA 22602

About Us
You have goals, dreams, hobbies, and things you're passionate about-what's important to you is important to us. We're looking for people who not only want to do meaningful, challenging work, keep their skills sharp and move ahead, but who also take time for the things that matter to them-friends, family, and passions. And we're looking for team members who are passionate about our mission-making a difference in military members' and their families' lives. Together, we can make it happen. Don't take our word for it:

• Military Times 2022 Best for Vets Employers

• WayUp Top 100 Internship Programs

• Forbes® 2022 The Best Employers for New Grads

• Fortune Best Workplaces for Women

• Fortune 100 Best Companies to Work For®

• Computerworld® Best Places to Work in IT

• Ripplematch Campus Forward Award - Excellence in Early Career Hiring

• Fortune Best Place to Work for Financial and Insurance Services

Equal Employment Opportunity: Navy Federal values, celebrates, and enacts diversity in the workplace. Navy Federal takes affirmative action to employ and advance in employment qualified individuals with disabilities, disabled veterans, Armed Forces service medal veterans, recently separated veterans, and other protected veterans. EOE/AA/M/F/Veteran/Disability EOE/AA/M/F/Veteran/Disability

Disclaimers: Navy Federal reserves the right to fill this role at a higher/lower grade level based on business need. An assessment may be required to compete for this position. Job postings are subject to close early or extend out longer than the anticipated closing date at the hiring team's discretion based on qualified applicant volume. Navy Federal Credit Union assesses market data to establish salary ranges that enable us to remain competitive. You are paid within the salary range, based on your experience, location and market position

Bank Secrecy Act: Remains cognizant of and adheres to Navy Federal policies and procedures, and regulations pertaining to the Bank Secrecy Act.

Client-provided location(s):

Winchester, VA 22601, USA

Job ID:

Navy_Federal_Credit_Union-18905
Employment Type:

Other

Perks and Benefits

  • Health and Wellness

  • Parental Benefits

  • Work Flexibility

    • Flexible Work Hours
    • Remote Work Opportunities
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • Company Outings
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Personal/Sick Days
    • Leave of Absence
  • Financial and Retirement

    • 401(K)
    • 401(K) With Company Matching
    • Pension
    • Performance Bonus
    • Relocation Assistance
  • Professional Development

    • Tuition Reimbursem*nt
    • Learning and Development Stipend
    • Promote From Within
    • Shadowing Opportunities
    • Access to Online Courses
    • Lunch and Learns
  • Diversity and Inclusion

    • Diversity, Equity, and Inclusion Program

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Mortgage Loan Review Specialist I

Navy Federal Credit UnionWinchester, VA

Mortgage Loan Review Specialist I at Navy Federal Credit Union | The Muse (2024)
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