Senior Mortgage Processor

LMCU; Grand Rapids (MI); Hybrid; USD 55,000 - 85,000; Full time

Benefits offered by this job

Weekly pay

Health benefits

HSA match

Parental leave

Tuition reimbursement

Hybrid work

Job summary

Lake Michigan Credit Union in Grand Rapids, MI is seeking a Senior Mortgage Processor to manage documentation, review applications, and coordinate with borrowers and partners through closing. You will handle conventional, government, bond/DPA, and new construction loans, verify credit, income, and assets, and ensure timely delivery to underwriting and closing.

We offer weekly pay, comprehensive health benefits, HSA match, parental leave, and tuition reimbursement in a supportive, values-driven

Qualifications

• Three or more years of mortgage loan and/or processing experience or training.
• High School diploma or equivalent required, higher education preferred.
• Experience with different types of mortgage loans, escrow and ARM requirements.
• Strong communication and relationship-building skills with the ability to influence stakeholders and navigate sensitive discussions.
• Proficiency with Microsoft Office and web-based tools, with advanced knowledge of AllRegs preferred.

Responsibilities

• Reviews underwriting decisions, prepares decision letters, and works with applicants to obtain any additional documents needed for final approval.
• Processes more complex mortgage loan applications, including conventional, government, bond/DPA, and new construction; reviews credit reports, income and assets, and confirms documentation meets requirements.
• Demonstrates a high level of communication utilizing phone and email tools with borrowers and internal/external partners.
• Finalizes loan processing by preparing loans for submission to Closing Department and coordinating with Title Department and internal partners on closing dates.
• Comply with applicable laws and regulations, including BSA, Patriot Act, and OFAC.
• Adhere to and champion our core values of curious minds, collaborative hearts, and continuous excellence.

Skills

Mortgage processing experience

Communication skills

Relationship-building

Independent work

Multi-tasking

Education

High School diploma or equivalent

Tools

Microsoft Office

AllRegs

Job description

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.

• Primary Location: Grand Rapids, MI
• Employee Status: Full-Time
• Workplace Type: Hybrid

About this position:

The Senior Mortgage Processor role is responsible for gathering the necessary paperwork and documentation required for someone to apply for a mortgage loan. Their duties include carefully reviewing complex mortgage applications to confirm all essential fields have been appropriately completed as well as organizing additional application materials. This role will serve as the main point of contact for the borrower, real estate agent, mortgage loan originator, and mortgage underwriter, from origination through closing. Senior Mortgage Processors possess a detailed understanding of program guidelines and agency requirements and are subject matter experts.

What you’ll do:

• Reviews underwriting decisions, prepares decision letters, and works with applicants to obtain any additional documents needed for final approval. Works with outside vendors to obtain appraisals and title documents in a timely manner while also staying in contact with the borrower and internal partners in order to complete the loan process.
• Processes more complex mortgage loan applications, including, but not limited to, conventional, government, bond/DPA, and new construction. Reviews credit reports, income and asset documentation, and confirms all documentation meets requirements to move forward with an underwriting decision.
• Demonstrates a high level of communication utilizing phone and email tools, providing service excellence at all times with the borrower as well as internal and external members.
• Finalizes the loan processing stage by preparing loans for submission to Closing Department. This includes, but is not limited to, obtaining homeowners insurance, payoffs, and coordination with Title Department as well as with internal partners in setting closing dates.
• Must comply with applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.
• Adhere to and champion our core values of curious minds, collaborative hearts, and continuous excellence.

What you’ll bring:

• Three or more years of experience of mortgage loan and/or processing experience or training.
• High School diploma or equivalent required, higher education preferred.
• Experience with different types of mortgage loans, escrow and ARM requirements.
• Strong communication and relationship-building skills with the ability to influence stakeholders and navigate sensitive or confidential discussions with professionalism and diplomacy.
• Proficiency with Microsoft Office and web-based tools, with advanced knowledge of AllRegs preferred.
• Strong written and verbal communication skills with the ability to collaborate effectively with internal partners.
• Ability to work independently, manage multiple priorities, and adapt in a fast-paced environment.

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: [e-mail].

If you lack access to the internet or require an accommodation in the application process, please send your resume via mail to 5664 Prairie Creek Drive, Caledonia, MI 49316.

LMCU is an Equal Opportunity Employer