Navy Federal and Realtors Strengthen Partnership

100% Financing Offered Nationwide

PENSACOLA, Fla., March 18 /PRNewswire-USNewswire/ -- Navy Federal Credit Union hosted its annual mortgage leadership conference at its Pensacola Mortgage Operations Center.  The focus of the conference was to bring together leaders in the mortgage industry and to strengthen the partnership between Navy Federal loan officers and local Realtors to help more military members purchase homes.

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The four-day leadership conference was held at Navy Federal's Brian L. McDonnell Center at Heritage Oaks, in Pensacola, Fla. earlier this month.   Panelists focused on improving the borrower experience and promoting technological advancements in mortgage lending.  The conference theme,  "Going for Gold," re-examined the real estate market and brought together traditional and contemporary experts to find innovative ways to allow members to take advantage of 100% financing options and the $7 billion in new mortgages available at Navy Federal.

Pensacola-area realtors Dennis Remesch, Re/Max on the Coast, Em Weiner, Prudential Florida Realty and Doria Davis, Exit Realty Advantage, spoke on the need to build partnerships with loan officers and real estate agents. "Ninety percent of realtors recommend clients to lenders," said Em Weiner.  Joan Cox, Navy Federal  Senior Vice President Real Estate Lending, added, "We are excited to work to streamline the home-buying process for our military and their families -- our goal is always to provide exceptional member service in addition to offering great mortgage products with low rates, low fees and lifetime loan servicing."

"The conference underscored the financial strength of Navy Federals Mortgage Operation which lent over $6.4 billion last year and is poised to shatter that mark in 2010 by working even closer with key military communities such as Pensacola and developing even better relationships with the real estate community," said Jack Gaffney, Executive Vice President, Lending at Navy Federal.

About Navy Federal Credit Union  

Navy Federal Credit Union is the world's largest natural person credit union with $40 billion in assets, 3.4 million members, 180 branch offices, and 7,100 employees worldwide. The credit union serves all Department of Defense military and civilian personnel and their families. For additional information about Navy Federal, visit www.navyfederal.org.

SOURCE Navy Federal Credit Union