Senior Mortgage Underwriter

Primary Location: Grand Rapids, MI or Livonia, MI Employee Status: Full-Time Workplace Type: Hybrid Who we are At Lake Michigan Credit Union, you’ll find more than just a job – discover a fulfilling career where your contributions truly matter. Join our talented team and experience an employer who puts people first. About this position The Senior Mortgage Underwriter’s responsibilities include analyzing and verifying complex loan applications, evaluating risks, and making loan eligibility decisions. A successful candidate will exercise sound judgment based on detailed analysis and ensure that all documentation complies with relevant regulations for complex loans. What you’ll do Underwrite more complex mortgage loan applications, including review of credit and collateral for all loan applications, income, and assets (including self-employment income). Approve, counteroffer, or decline residential loan applications within delegated lending authority, ensuring files are fully underwritten to applicable guidelines including those of the secondary market. Analyze and review appraisal reports and request clarifications or corrections from vendors. Work as a team with Loan Processors and Sales regarding loan structure and guideline adherence. Maintain a working pipeline while ensuring productivity levels are met and credit quality meets all defined standards. Update information on loan origination systems to verify, add, and satisfy conditions. Stay current with industry and organizational trends, changes in underwriting guidelines, mortgage products, and PMI updates, serving as a subject matter expert in related mortgage underwriting areas. Comply with applicable laws and regulations, including the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Consistently demonstrate a commitment to the culture of Lake Michigan Credit Union, embodying the core values of Curious Minds, Collaborative Hearts, and Continuous Excellence. What you’ll bring 5+ years of similar or related experience, including preparatory experience. 3+ years of mortgage underwriting experience required. High school diploma required; higher education strongly preferred. Understanding of current mortgage loan interest rates, commitment/rate lock/relock fee procedures, and consumer loan products including Execulines, second mortgage products, swing loans, and land loans. Proficiency with CollateralUnderwriter application and loan origination software systems. Experience with Empower/BlackKnight, LoanBeam, and DataVerify preferred. Understanding of Adverse Action guidelines and HDMA-related functions. What you’ll get Weekly pay and retirement savings options for all employees. Comprehensive health coverage, including medical (with prescription), dental, vision, HSA match. Paid parental leave and tuition reimbursement for full-time employees. LMCU is an Equal Opportunity Employer. #J-18808-Ljbffr