Senior Loan Underwriter
On-siteGrand Rapids, Michigan, United States
Job Summary
Evaluate and underwrite consumer loan requests, including unsecured loans, vehicle loans, indirect loans, and home equity products. Verify accuracy of supporting documentation, assess borrower creditworthiness using credit reports and income analysis, and review home equity documents for ratios and collateral acceptability. Ensure decisions comply with internal policies, state and federal regulations, and applicable lending laws. Provide second-level review on escalated applications, analyze non-routine problems, and prepare loan-related reports to support risk management. Exercise lending authority within approved limits and guide member-facing staff on application development. Maintain systems, update loan rates, and participate in departmental meetings and trainings. Identify policy improvements and recommend appropriate lending solutions for member financial needs.
Required Qualifications
- High school diploma, GED, or equivalent education
- Must obtain, maintain and disclose an NMLS registry ID number in accordance with the SAFE Act
- Excellent typing and computer skills, including in-house email and core systems
- Proficient in all Microsoft Office application (Word, Excel, PowerPoint, and Outlook)
Desired Qualifications
- Minimum of three (3) years' experience underwriting consumer and home equity loans
- Strong knowledge of underwriting principles
- Relevant lending experience
- Demonstrated ability to assess credit risk
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