Senior Mortgage Processor

Lake Michigan Credit Union; United States; Hybrid; USD 65,000 - 95,000; Full time

Benefits offered by this job

Weekly pay

Health coverage

Tuition reimbursement

Paid parental leave

Retirement savings options

Job summary

Lake Michigan Credit Union in Grand Rapids, MI is seeking a Senior Mortgage Processor to manage complex loan applications from origination through closing. You will gather and review documents, coordinate with borrowers, real estate agents, loan originators, underwriters, and title partners to ensure files meet program and agency requirements.

In this hybrid role, you’ll handle conventional, government, bond and down payment assistance loans, review credit and income data, and maintain timely

Qualifications

• Three to five years of mortgage lending or loan processing experience or training.
• Experience with mortgage products including escrow and ARM requirements.
• Ability to thrive in a fast-paced, deadline-driven environment.
• Strong written and verbal communication with internal partners.

Responsibilities

• Review underwriting decisions, obtain additional documentation, and prepare letters.
• Coordinate appraisals and title documents with vendors within timelines.
• Maintain communication with borrowers and internal partners throughout the process.
• Process conventional, government, bond and down-payment assistance loans, including new construction.
• Review credit reports and income/asset documentation for underwriting readiness.
• Prepare completed loan files for submission to the Closing Department.

Skills

Written and verbal communication

Time management

Organizational skills

Collaboration

Education

High school diploma or equivalent

Higher education preferred

Tools

AllRegs website

Microsoft Office

Internet-based systems

Job description

Primary Location: 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:

Our Senior Mortgage Processor is responsible for gathering, reviewing, and organizing the documentation required to process complex mortgage loan applications. Serves as the primary point of contact for borrowers, real estate agents, mortgage loan originators, mortgage underwriters, and other partners from origination through closing. Applies detailed knowledge of mortgage programs and agency requirements to ensure loan files are complete, accurate, and ready for underwriting and closing.

What you'll do:

• Review underwriting decisions, prepare decision letters, and work with applicants to obtain additional documentation required for final approval.
• Coordinate with outside vendors to obtain appraisals and title documents within required timelines.
• Maintain communication with borrowers and internal partners throughout the loan process.
• Process complex mortgage loan applications, including conventional, government, bond and down-payment-assistance, and new-construction loans.
• Review credit reports, income documentation, and asset documentation to confirm the loan file meets requirements for an underwriting decision.
• Provide a high level of service through clear and timely phone and email communication with borrowers and internal and external partners.
• Prepare completed loan files for submission to the Closing Department.
• Obtain homeowners insurance and payoff information and coordinate with the Title Department and internal partners to establish closing dates.
• Comply with applicable laws and regulations, including the Bank Secrecy Act, USA PATRIOT Act, and Office of Foreign Assets Control requirements.
• Adhere to and champion our core values of curious minds, collaborative hearts, and continuous excellence.

What you'll bring:

• High school diploma or equivalent required; higher education preferred.
• Three to five years of mortgage lending or loan processing experience or training.
• Extensive experience or education in mortgage lending strongly preferred.
• Experience processing various mortgage loan products, including escrow and adjustable-rate mortgage requirements.
• Ability to thrive in a fast-paced, deadline-driven environment.
• Advanced knowledge of the AllRegs website strongly preferred.
• Intermediate proficiency with Microsoft Office applications.
• Strong computer skills with the ability to navigate internet-based systems.
• Effective written and verbal communication skills.
• Ability to work independently while collaborating effectively with internal partners.
• Strong time-management and organizational skills with the ability to balance changing priorities.
• Ability to perform basic mathematical calculations accurately.

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 !

LMCU is an Equal Opportunity Employer