Navy Federal Credit Union · 17 hours ago
Equity Processor II
Navy Federal Credit Union is dedicated to providing its members with exceptional financial services. The Equity Processor II role involves processing equity loans, ensuring compliance with regulations, and providing information to members regarding loan requirements and products.
AssociationFinancial ServicesNon Profit
Responsibilities
Act in the capacity of a Loan Officer on applications status and communicate with member regarding outstanding documentation issues
Analyze, research and resolve problems and discrepancies related to member accounts/loans
Analyze/evaluate status of title, determine exceptions for acceptability and take corrective action or obtain additional documentation if required
Communicate outstanding documentation requirements and set appropriate deadlines for submission
Coordinate schedule of settlement with member and settlement agent/notary public
Counsel current and prospective members about Navy Federal's products and services
Examine preliminary title work, status reports , hazard and flood insurance policies to determine if property condition/insurance is within acceptable levels
Identify circumstances in which additional documentation may be required - Moderately complex/Varied
Prepare loan disclosures required by Federal/state laws (e.g. Good Faith Estimate, Truth-In-Lending)
Process equity applications according to established laws, requirements and guidelines
Relay loan status to member and other member approved parties (e.g. real estate agent, settlement agent)
Review approved equity loans for completeness, accuracy and additional information required to close loan
Verify "intent to proceed" by member prior to collecting required fees, requesting appraisal and ordering title work
Enter applications into online application system
Prepare/submit final applications and member appeals for decision
Resolve escalated member issues and problems
Respond to inquiries and resolve any issues concerning the processing of applications
Submit applications for decision according to applicable terms and conditions
Perform other duties as assigned
Qualification
Required
Experience in managing multiple priorities independently and/or in a team environment to achieve goals
Working knowledge of mortgage/equity loan processing, closing and documentation requirements and regulations
Working knowledge of Navy Federal mortgage and equity applications, products and services
Effective organizational, planning and time management skills
Effective skill exercising initiative and using good judgment to make sound decisions
Effective skill following, interpreting and applying relevant data/instructions to guidelines, procedures, practices and regulations
Effective skill maintaining accuracy with attention to detail and meeting deadlines
Effective skill performing mathematical calculations and working accurately with numbers
Effective verbal and written communication skills
Effective word processing and spreadsheet software skills
Benefits
Highly competitive pay
Generous benefits and perks
Company
Navy Federal Credit Union
Since 1933, Navy Federal has grown from seven members to over 4 million members. And since that time, their vision statement has remained
H1B Sponsorship
Navy Federal Credit Union has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (217)
2024 (110)
2023 (106)
2022 (76)
2021 (38)
2020 (19)
Funding
Current Stage
Late StageRecent News
2026-01-13
San Bernardino Sun
2025-12-29
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