Consumer Loan Underwriter

Forest Area Federal Credit Union; Fife Lake (MI); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Paid time off

Holidays

Benefits

Training opportunities

Work-life balance

Member impact

Job summary

Forest Area Federal Credit Union in Michigan is seeking a Consumer Loan Underwriter who will review applications, analyze credit data, and ensure compliance with TILA, ECOA and FCRA. The role requires 3–5 years of lending experience, a high school diploma or GED, and proficiency with loan origination systems, credit analysis tools, and MS Office. On-site position in Fife Lake, with a focus on member-focused service.

Qualifications

• 3–5 years in consumer lending or underwriting.
• Experience reviewing loan applications and financial documents.
• Knowledge of auto, personal loans, credit cards, lines of credit.
• Familiarity with TILA, ECOA, FCRA, RESPA.
• Strong communication and analytical skills.

Responsibilities

• Review loan applications for accuracy and policy compliance.
• Analyze financial documents, credit reports, and income data.
• Evaluate risk with scoring models and tools.
• Ensure compliance with laws and regulations.
• Request documents and explain loan decisions to applicants.
• Collaborate with loan officers and management on complex cases.
• Maintain documentation and support audit readiness.
• Stay updated on industry changes and products.

Skills

Credit analysis

Regulatory knowledge

Communication skills

Time management

MS Office

Lending systems

Education

High school diploma or GED

Tools

Loan origination systems

Credit analysis tools

Job description

Join Our Team at Forest Area Federal Credit Union!

At Forest Area Federal Credit Union, we’re committed to empowering our members through responsible lending, financial education, and community-first service. As a member-focused credit union, we believe in building strong relationships while helping individuals and families reach their financial goals.

We’re currently seeking a Consumer Loan Underwriter who is detail-oriented, analytical, and passionate about making sound credit decisions that protect our members and our credit union.

Position: Consumer Loan Underwriter

Location: Administrative Building in Fife Lake MI

Employment Type: Full-Time

• Review loan applications for accuracy, completeness, and compliance with internal policies.
• Analyze financial documentation, credit reports, and income data to assess creditworthiness.
• Evaluate risk using credit scoring models and risk management tools.
• Ensure all decisions follow applicable laws and regulations (TILA, ECOA, FCRA, etc.).
• Communicate with applicants to request documentation or explain loan decisions.
• Collaborate with loan officers and management on complex or high-value cases.
• Maintain thorough documentation and support internal audit readiness.
• Stay up to date with industry changes, products, and compliance standards.

• Experience: 3–5 years in consumer lending or underwriting required.
• Education: High school diploma or GED required.
• Skills:
  • Proficiency in evaluating credit reports, financial statements, and loan applications
  • Knowledge of consumer loan products (auto, personal loans, credit cards, lines of credit)
  • Strong understanding of consumer lending regulations (TILA, ECOA, FCRA, RESPA)
  • Excellent communication, decision‑making, and analytical abilities
  • Detail‑oriented and organized, with solid time management skills
  • Comfortable using loan origination systems, credit analysis tools, and Microsoft Office

Why Forest Area FCU?

• Supportive and member‑focused team culture
• Paid time off, holidays, and benefits
• Opportunities for ongoing training and professional growth
• Commitment to work‑life balance
• A chance to make a real difference in our members’ lives