Senior Mortgage Underwriter

Primary Location: Grand Rapids, MI or Livonia, MI Employee Status: Full-Time Workplace Type: Hybrid 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 Senior Mortgage Underwriter should exercise sound judgment based on detailed analysis and ensure that all documentation complies with the relevant regulations for more complex loans. What you’ll do Underwrites more complex mortgage loan applications, including review of credit and collateral for all loan applications, income, and assets (including self‑employment income). Approves, counteroffers, or declines residential loan applications within delegated lending authority, ensuring files are fully underwritten to applicable guidelines, including those of the secondary market. Analyzes and reviews appraisal reports, requesting clarifications or corrections from vendors. Works as a team with Loan Processors and Sales regarding loan structure questions and guideline adherence. Maintains a working pipeline while ensuring productivity levels are met and credit quality meets all defined standards. Updates information on loan origination systems to verify, add, and satisfy conditions. Stays current with industry and organizational trends and changes, including underwriting guidelines, mortgage products, and PMI updates, while serving as a subject matter expert in various areas related to mortgage underwriting. Complies with applicable laws and regulations, including the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Demonstrates a commitment to Lake Michigan Credit Union’s culture and 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. 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. Comprehensive health coverage, including medical (with prescription), dental, vision, HSA match, paid parental leave, and tuition reimbursement. LMCU is an Equal Opportunity Employer. #J-18808-Ljbffr