Consumer Lending Underwriter

LMCU•Grand Rapids, MI

3d•Onsite

About The Position

Lake Michigan Credit Union is seeking a detail-oriented, member-focused Consumer Lending Underwriter to support members’ financial goals. The role evaluates loan applications, makes credit decisions, and delivers an exceptional member experience. It combines analytical lending work with helping members navigate their financial needs.

Requirements

Strong analytical and decision-making skills, with the ability to assess financial risk.
Excellent written and verbal communication skills.
Ability to explain complex financial concepts in a clear, member-friendly way.
Detail-oriented, with strong organizational skills.
Ability to manage multiple priorities in a fast-paced environment.
Commitment to delivering exceptional member service.
High school diploma or equivalent required.

Nice To Haves

Experience with lending systems, credit analysis tools, and loan documentation processes.
Three to five years of experience in consumer lending, underwriting, or a related financial services role.
Additional education in finance, business, or a related field.

Responsibilities

Interview loan applicants to gather information about their financial needs, income, and overall financial condition.
Analyze applicants’ financial profiles, credit reports, and supporting documentation to assess risk and determine loan eligibility.
Approve, deny, or escalate loan applications in accordance with established lending policies and authority limits.
Educate members about available loan products and help them understand options and select solutions suited to their needs.
Establish loan terms and clearly communicate conditions, rates, and repayment expectations to members.
Prepare and review loan documentation for accuracy, completeness, and compliance.
Process and authorize servicing actions, including collateral releases, loan modifications, due date changes, payment deferrals, and waivers.
Monitor funded loans for adherence to terms and coordinate with collections when necessary.
Participate in sales and business development activities to support lending growth.
Stay informed about industry trends, regulatory changes, and consumer lending best practices.
Adhere to and champion the credit union’s core values of curious minds, collaborative hearts, and continuous excellence.
Follow applicable federal and state laws, regulations, and guidance; comply with LMCU policies and procedures; and complete required training.