Senior Mortgage QA Underwriter — Hybrid (Remote 2 Days)

Lake Michigan Credit Union; Lake Drive (TN); Hybrid; USD 85,000 - 120,000; Full time

Benefits offered by this job

Weekly pay

Health coverage

Tuition reimbursement

Job summary

Lake Michigan Credit Union, Grand Rapids, MI, seeks a Senior Mortgage Quality Control Underwriter to review loan files for regulatory compliance and accuracy. You’ll audit prefunding and post-closing files, analyze complex income/asset documentation, and assess risk factors.

The role emphasizes adherence to investor guidelines and internal policies. Ideal candidates bring FHA experience, 3–5 years of mortgage underwriting, and strong MS Word/Excel skills.

Qualifications

• Two-year college degree or completion of a specialized course of study at a business or trade school equivalent to approximately 64 credit hours.
• Three to five years of direct mortgage experience is required.
• Three years of mortgage underwriting experience is required.
• Experience in FHA is required.
• Experience in VA and USDA loans is preferred.
• Experience using Fannie Mae, Freddie Mac and FHA applications and technology.
• Experience using Microsoft Word and Excel applications.
• Experience using software such as Empower, BlackKnight, ACES, Loan Beam, AllRegs, and DataVerify a plus.
• Should be comfortable with knowing how and where to search for investor/agency guidelines and compliance regulations.

Responsibilities

• Conduct thorough prefunding and post-closing audits of mortgage loan files to identify discrepancies, errors, and potential fraud.
• Review credit reports, income documents, appraisals, title reports, and other supporting documentation for accuracy and completeness.
• Evaluate creditworthiness, income stability, loan-to-value (LTV), and debt-to-income (DTI) ratios to determine the loan’s risk level.
• Ensure loan files adhere to investor guidelines, federal and state regulations, and internal company policies, with emphasis on more complex loans.
• Escalate files showing evidence of fraud or misrepresentation to management.
• Document audit findings accurately and assist in identifying quality trends.
• Recommend corrective actions to management and underwriting teams to address recurring issues and strengthen loan quality.
• Assist in developing and implementing quality control audit plans and procedures.
• Contribute to ongoing efforts to enhance quality and efficiency within loan operations.

Skills

extensive underwriting experience

attention to detail

analytical skills

communication skills

mortgage products knowledge

regulatory requirements knowledge

Education

Two-year college degree or equivalent (64 credits)

Tools

Empower

BlackKnight

ACES

Loan Beam

AllRegs

DataVerify

Job description

Lake Michigan Credit Union, Grand Rapids, MI, seeks a Senior Mortgage Quality Control Underwriter to review loan files for regulatory compliance and accuracy. You’ll audit prefunding and post-closing files, analyze complex income/asset documentation, and assess risk factors.

The role emphasizes adherence to investor guidelines and internal policies. Ideal candidates bring FHA experience, 3–5 years of mortgage underwriting, and strong MS Word/Excel skills.