Loan Officer/Underwriter

Commercial Bank•Alma, MI

just now•Hybrid

About The Position

The Loan Officer and Underwriter is responsible for evaluating, approving, and underwriting a broad range of consumer and residential loan products, including consumer installment loans, lines of credit, home equity lines of credit (HELOCs), construction loans, and land loans. This role also serves as a key liaison in managing mortgage applications through the Rocket Pro platform, ensuring a smooth, compliant, and efficient process from application through closing.

Requirements

High School Diploma/GED required.
Minimum requirement of 2 years of underwriting experience in consumer and/or residential lending.
Strong working knowledge of: Consumer lending and credit analysis, HELOC and real estate-secured lending, Construction lending fundamentals
Experience with mortgage processes
Solid understanding of regulatory and compliance requirements related to lending
Excellent communication and organizational skills
Ability to manage multiple priorities in a fast-paced environment
Excellent written, verbal, interpersonal, and problem-solving skills; ability to communicate effectively and project a professional image.
Willingness and flexibility to work in a team setting.
Requires excellent communication skills, both written and verbal.
Ability to prioritize and work in a fast-paced environment.
Must be able to multitask.
Must possess PC skills at an intermediate level. Ability to use the Internet.
Ability to learn compliance and law issues as they apply to mortgages.

Nice To Haves

Advanced education in accounting, business administration or related field preferred.

Responsibilities

Analyze, underwrite, and approve consumer and residential loan applications in accordance with bank policy, regulatory requirements, and sound credit practices
Evaluate borrower creditworthiness by reviewing income, assets, credit history, collateral, and overall risk profile
Approve and underwrite a variety of products, including: Consumer installment loans and unsecured lines of credit, Home equity lines of credit (HELOCs), Construction and construction-to-permanent loans, Land loans
Structure loans appropriately based on risk, policy guidelines, and borrower needs
Issue clear, well-documented credit decisions and conditions
Partner with lenders, branch staff, and processors to gather required documentation and move loans efficiently through the pipeline
Serve as the primary point of contact for loans originated through Rocket Pro, guiding applications through underwriting, approval, and closing stages
Communicate as needed with customers regarding their application through Rocket Pro
Monitor pipeline and ensure timely turnaround times and service level expectations are met
Ensure compliance with all internal policies, as well as federal and state regulations (e.g., Reg B, RESPA, TRID, HMDA as applicable)
Communicate decisions and rationale effectively to internal stakeholders
Identify exceptions and recommend appropriate mitigating factors
Support continuous improvement efforts related to underwriting processes and workflow efficiency
Familiar with and abides by all bank regulations including but not limited to BSA and OFAC.
Adhere and comply with all Bank Policies.
Other duties as assigned.