Mortgage Lending Specialist in Livonia

2 weeks ago


Livonia, Michigan, United States Lake Michigan Credit Union Full time

General Information

Job Title: Mortgage Loan Originator

Primary Location: Livonia

Employee Status: Full Time - Commission

Estimated Hours/Week: 38

Remote: Hybrid

% of Travel for the Position: 25%

What You'll Receive: (note varied offerings based on role and hours)

  • 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
  • Tuition reimbursement
  • To see a full list of our benefit offerings – check out this

About this Role:

Lake Michigan Credit Union is seeking a Mortgage Loan Originator who will play a crucial role in supporting members with their mortgage financing needs. This position involves assessing loan applications and making informed credit decisions in accordance with established mortgage lending guidelines.

Key Responsibilities:

  • Analyze and assess information on mortgage loan documents to ensure compliance with bank and regulatory standards. Compile documentation in loan files, including acceptance or denial, and return files to the mortgage department. Define terms and conditions of approved loans and discuss them with members.
  • Promote the Credit Union's mortgage lending offerings to individuals and businesses within the real estate sector.
  • Assess the eligibility of loans for secondary mortgage markets.
  • Cross-sell additional services offered by the Credit Union.
  • Ensure adherence to all relevant federal and state laws, regulations, and guidance, while following Bank policies and completing necessary training.
  • Stay updated on current trends in mortgage lending and market dynamics that influence the mortgage sector.

Qualifications:

  • Three to five years of sales or related experience. Previous experience in the mortgage industry is advantageous.
  • Ability to maintain an active registration with the National Mortgage Licensing System (NMLS) is mandatory.
  • Strong written and verbal communication skills.

About Us:

Lake Michigan Credit Union is proud of its history and excited about its future. As one of the largest credit unions in the nation, we are dedicated to serving our members with a focus on their financial well-being.

As a not-for-profit institution, we are owned by our members rather than corporate shareholders. This structure allows us to provide lower fees, better interest rates, and a range of advantages that traditional banks may not offer.

Our commitment to doing what is best for our members drives our operations. From our knowledgeable staff to our exceptional value, we strive to support our members' financial journeys.

At Lake Michigan Credit Union, you will have opportunities for professional growth and development, working alongside talented teams dedicated to your success. We are committed to empowering our employees through ongoing training and support, helping you achieve your career aspirations.

Have additional questions about the role?

Please reach out for assistance.

Note: These options are reserved for individuals requesting accommodations as candidates. Information received will be directed to our HR team for appropriate assistance.



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