Consumer Lending Underwriter

About the role

• Primary Location: 4027 Lake Drive, Grand Rapids, MI
• Employee Status: Full-Time
• Workplace Type: Fully On-Site

About this Position

Lake Michigan Credit Union is seeking a detail-oriented and member-focused Consumer Lending Underwriter to join our team. In this role, you will play a critical part in supporting our members' financial goals by evaluating loan applications, making sound credit decisions, and delivering an exceptional member experience. This position is ideal for a lending professional who combines strong analytical skills with a passion for helping others navigate their financial needs.

What you'll do

• 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 on available loan products, helping them understand options and select the best solution for their needs.
• Establish loan terms and clearly communicate conditions, rates, and repayment expectations to members.
• Prepare and review loan documentation to ensure accuracy, completeness, and compliance.
• Process and authorize servicing actions such as: Collateral releases, loan modifications and due date changes, payment deferrals or waivers
• Monitor funded loans to ensure adherence to terms and coordinate with collections when necessary.
• Participate in sales and business development activities to support lending growth.
• Stay informed on industry trends, regulatory changes, and best practices in consumer lending.
• Adhere to and champion our core values of curious minds, collaborative hearts and continuous excellence.
• Adhere to all applicable federal and state laws, regulations, and guidance; comply with LMCU policies and procedures; complete required training

What you'll bring

• 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.
• Experience with lending systems, credit analysis tools, and loan documentation processes preferred.

Preferred Education and Experience

• 3-5 years of experience in consumer lending, underwriting, or a related financial services role.
• High school diploma or equivalent required; additional education in finance, business, or a related field is a plus.

What you'll get

• All Employees: weekly pay and retirement savings options.
• Full Time Employees: comprehensive health coverage including medical (with prescription), dental, vision, HSA match, paid parental leave, and tuition reimbursement.
• To see a full list of our benefit offerings, check out this helpful guide!

• If you lack access to the internet or require an accommodation in the application process, please send your resume via mail to P.O. Box 2848, Grand Rapids, MI 49501-2848.
• LMCU is an Equal Opportunity Employer