What are the responsibilities and job description for the Mortgage Underwriting Team Lead position at LMCU?
Job Title: Mortgage Underwriting Team Lead
Primary Location: Michigan - Grand Rapids or Livonia areas
Employee Status: Full-Time Hourly
Estimated Hours/Week: 38 hours per week
Remote: Yes
What You’ll Get: (note varied offerings based on role and hours)
LMCU is looking for a Mortgage Underwriting Team Lead who will be responsible for assisting with training and mentoring of underwriters for conventional/agency/government/portfolio lending authority. This position requires extensive knowledge of all agency/portfolio loan products.
What you’ll do:
We’re proud of our past, thrilled with our present, and couldn’t be more excited about our future! Lake Michigan Credit Union has grown to become one of the largest credit unions in the nation with our headquarters in West Michigan.
As a credit union, LMCU is a not-for-profit institution, owned by its members, instead of corporate stock holders. We are accountable directly to our members, and they directly share in our success – benefitting by lower and fewer fees, better savings and checking interest rates, lower cost mortgages and a host of other advantages that simply don’t exist at traditional banks.
It’s about always doing what’s best and right for our members - it guides everything we do.
From friendly, knowledgeable and professional employees who greet you by name, to offering stellar value at every turn, LMCU works for its members.
Working with LMCU you can grow and advance in your career and work with talented teams that help you become better each and every day. As an employee you can have confidence in knowing your work is having an impact by supporting our mission of serving our members’ lifetime financial needs.
You’ll be encouraged to innovate and excel and we're committed to your empowerment as an employee, providing ongoing training, development, support, and opportunities for you to achieve your career goals.
Have additional questions about the role?
You may email us at: Careers@lmcu.org.
If you lack access to the internet or internet connectivity, or have a disability that hinders your ability to apply online, please choose one of the following options to obtain assistance:
Call us at: (616) 242-9790
Mail your resume to: 5664 Prairie Creek Drive, Caledonia, MI 49316
Please Note: These options are reserved for use by individuals requesting an accommodation as a candidate. Information received via these options will be routed to our HR team, who will provide appropriate assistance to facilitate the completion of LMCU’s online application.
LMCU is an Equal Opportunity Employer
Primary Location: Michigan - Grand Rapids or Livonia areas
Employee Status: Full-Time Hourly
Estimated Hours/Week: 38 hours per week
Remote: Yes
What You’ll Get: (note varied offerings based on role and hours)
- Weekly Pay
- Comprehensive Health & Wellness package including Medical (with prescription coverage), Dental, and vision
- Matching Health Savings Account Contributions, Dependent Care flexible spending account (FSA)
- Retirement options like 401 (k) with company match and pension.
- Paid time off: Vacation, Personal days, paid holidays, paid volunteer time, sick days, & flex time.
- Tuition reimbursement
LMCU is looking for a Mortgage Underwriting Team Lead who will be responsible for assisting with training and mentoring of underwriters for conventional/agency/government/portfolio lending authority. This position requires extensive knowledge of all agency/portfolio loan products.
What you’ll do:
- Provide QC reviews/audits for underwriters at a minimum of one per month. Responsible for managing and reviewing ACES audits; mentoring lower performing underwriters.
- Responsible for reviewing team questions related to loan program guidelines, income calculations, appraisal reviews, policies and procedures and LOS issues.
- Manages and maintains the Appraisal Reconsideration mailbox. Assists with the Underwriting Scenario mailbox and any other mailboxes as needed.
- Conducts training and test cases for new Underwriters as well as contracted Underwriters. In addition, trains established Underwriters on new product types (such as MSHDA, construction, portfolio and/or government products).
- Provides coverage for closing rushes. Provides coverage for department managers and coordinators as needed; carries a small pipeline and provides coverage for other Underwriters as needed.
- Five or more years of relevant experience, including preparatory experience.
- Extensive knowledge in all Conventional Agency and Portfolio Underwriting guidelines, and input of these products.
- Strong strategic and critical thinking skills to evaluate and assess information for risk and provide recommendations.
- High level of attention to detail.
- Strong organizational skills. Good general knowledge of all functional areas in the mortgage department.
- Professional written, verbal and interpersonal communication skills.
- Coaching, training, and development skills to support Mortgage Product Development Analysts.
- Ability to solve problems diplomatically, seeking input from others.
- Ability to work well with others in a non-threatening, open-minded environment.
We’re proud of our past, thrilled with our present, and couldn’t be more excited about our future! Lake Michigan Credit Union has grown to become one of the largest credit unions in the nation with our headquarters in West Michigan.
As a credit union, LMCU is a not-for-profit institution, owned by its members, instead of corporate stock holders. We are accountable directly to our members, and they directly share in our success – benefitting by lower and fewer fees, better savings and checking interest rates, lower cost mortgages and a host of other advantages that simply don’t exist at traditional banks.
It’s about always doing what’s best and right for our members - it guides everything we do.
From friendly, knowledgeable and professional employees who greet you by name, to offering stellar value at every turn, LMCU works for its members.
Working with LMCU you can grow and advance in your career and work with talented teams that help you become better each and every day. As an employee you can have confidence in knowing your work is having an impact by supporting our mission of serving our members’ lifetime financial needs.
You’ll be encouraged to innovate and excel and we're committed to your empowerment as an employee, providing ongoing training, development, support, and opportunities for you to achieve your career goals.
Have additional questions about the role?
You may email us at: Careers@lmcu.org.
If you lack access to the internet or internet connectivity, or have a disability that hinders your ability to apply online, please choose one of the following options to obtain assistance:
Call us at: (616) 242-9790
Mail your resume to: 5664 Prairie Creek Drive, Caledonia, MI 49316
Please Note: These options are reserved for use by individuals requesting an accommodation as a candidate. Information received via these options will be routed to our HR team, who will provide appropriate assistance to facilitate the completion of LMCU’s online application.
LMCU is an Equal Opportunity Employer
