Consumer Lending Underwriter

General Information Consumer Lending Underwriter

Primary Location: 4027 Lake Drive, Grand Rapids, MI

Employee Status: Full-Time

Workplace Type: Hybrid

Who we are:

At LMCU, you'll find more than just a job - discover a fulfilling career where your contributions truly matter. Join our talented team at Lake Michigan Credit Union and discover the difference an employer who puts people first can make in your career and life.

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!

Have additional questions about the role? Email the Talent Acquisition Team at: Careers@lmcu.org.

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