Home Equity Processor
Lake Michigan Credit Union, Grand Rapids, MI, United States
Job Title: Home Equity ProcessorPrimary Location:
Grand Rapids, MIEmployee Status: Full-Time HourlyEstimated Hours/Week: 38 Hours/Week **About this position:** LMCU is looking for a Home Equity Processor who will be in charge of gathering the necessary information and documentation required for home equity loan applications. Their duties include carefully reviewing the home equity applications to confirm all essential fields have been appropriately completed as well as organizing additional application documentation. This role will serve as the main point of contact for the borrower, loan officer, and underwriter from origination to closing.**What you’ll do:** * Process Home Equity applications, including reviewing credit reports, income, assets (if applicable), and confirming all documentation meets requirements.* Review underwriting decisions and prepare decision letters as appropriate while working directly with applicants to obtain outstanding items required by underwriting for a clear to close.* Demonstrate a high level of communication with members and internal and external partners to always provide service excellence.* Finalize the loan processing stage by preparing loans for submission to the closing team. This includes, but is not limited to, obtaining homeowners insurance documents, payoffs, and coordination of closings with remote notary closings or branches in setting closing dates.* Adhere to and champion our core values of curious minds, collaborative hearts, and continuous excellence.**What You’ll Bring:*** Two or more years of similar or related experience, including preparatory experience.* Basic knowledge of the different requirements for closing Home Equity loans.* Ability to work in a fast-paced, deadline-oriented environment.**What You’ll Get:** (note varied offerings based on role and hours) * 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 ! **Who We Are:** 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. **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.Lake Michigan Credit Union is fundamentally different than a bank, both in our structure and mission. Our goal has always been to do what is best for our members. This approach guides every decision we make and every service we offer. As a credit union, our goal isn’t to generate profits for shareholders, it’s to improve the lives of our members. LMCU is consistently rated in the top ten in the nation for Return of the Member by Callahan & Associates, meaning we give back more to our members in the form of higher rates when they save and lower rates when they borrow. At LMCU, the emphasis on delivering real value to our members has been job one, since day one.As one of the largest credit unions in the nation for several years running, LMCU has earned many awards and accolades such as inclusion as one of the 101 Best and Brightest Companies to Work For Nationally and being recognized by Forbes as a Great Place to Work. As an employee, you'll enjoy a stimulating, professional atmosphere, supported by the latest technology, training, and development. We recognize that a healthy balance between work, home life, and play is essential to our employees and our success. We offer a friendly, respectful and inclusive work environment, fun employee activities and rewarding community involvement opportunities.You’ll love working here at Lake Michigan Credit Union! #J-18808-Ljbffr
Grand Rapids, MIEmployee Status: Full-Time HourlyEstimated Hours/Week: 38 Hours/Week **About this position:** LMCU is looking for a Home Equity Processor who will be in charge of gathering the necessary information and documentation required for home equity loan applications. Their duties include carefully reviewing the home equity applications to confirm all essential fields have been appropriately completed as well as organizing additional application documentation. This role will serve as the main point of contact for the borrower, loan officer, and underwriter from origination to closing.**What you’ll do:** * Process Home Equity applications, including reviewing credit reports, income, assets (if applicable), and confirming all documentation meets requirements.* Review underwriting decisions and prepare decision letters as appropriate while working directly with applicants to obtain outstanding items required by underwriting for a clear to close.* Demonstrate a high level of communication with members and internal and external partners to always provide service excellence.* Finalize the loan processing stage by preparing loans for submission to the closing team. This includes, but is not limited to, obtaining homeowners insurance documents, payoffs, and coordination of closings with remote notary closings or branches in setting closing dates.* Adhere to and champion our core values of curious minds, collaborative hearts, and continuous excellence.**What You’ll Bring:*** Two or more years of similar or related experience, including preparatory experience.* Basic knowledge of the different requirements for closing Home Equity loans.* Ability to work in a fast-paced, deadline-oriented environment.**What You’ll Get:** (note varied offerings based on role and hours) * 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 ! **Who We Are:** 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. **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.Lake Michigan Credit Union is fundamentally different than a bank, both in our structure and mission. Our goal has always been to do what is best for our members. This approach guides every decision we make and every service we offer. As a credit union, our goal isn’t to generate profits for shareholders, it’s to improve the lives of our members. LMCU is consistently rated in the top ten in the nation for Return of the Member by Callahan & Associates, meaning we give back more to our members in the form of higher rates when they save and lower rates when they borrow. At LMCU, the emphasis on delivering real value to our members has been job one, since day one.As one of the largest credit unions in the nation for several years running, LMCU has earned many awards and accolades such as inclusion as one of the 101 Best and Brightest Companies to Work For Nationally and being recognized by Forbes as a Great Place to Work. As an employee, you'll enjoy a stimulating, professional atmosphere, supported by the latest technology, training, and development. We recognize that a healthy balance between work, home life, and play is essential to our employees and our success. We offer a friendly, respectful and inclusive work environment, fun employee activities and rewarding community involvement opportunities.You’ll love working here at Lake Michigan Credit Union! #J-18808-Ljbffr