Diversified Members Credit Union · 1 week ago
Senior Mortgage Loan Officer
Novi, MI
Full-time
Hybrid
Senior Level
$29/hr - $35/hr
5+ years expDiversified Members Credit Union is seeking a Senior Mortgage Loan Officer to assist members during the residential application intake, underwriting, and closing process for mortgage applications. The role involves managing loan origination, mentoring junior officers, and ensuring compliance with lending regulations while providing exceptional member service.
Financial Services
Responsibilities
Manage the origination, underwriting, and processing of real estate loans
Mentor and support junior Mortgage Loan Officers and Processors
Provide assistance to applicants with state or federal housing grant programs when applicable or available
Proactively identify and pursue new business/sales opportunities
Gather, evaluate, and verify loan documents for accuracy; address any underwriting conditions/stipulations, and coordinate closing schedules with members and department colleagues
Assess and evaluate the financial income and credit worthiness of applicants to recommend eligibility for home equity installment loans or home equity lines of credit
Conduct and maintain loan file quality reviews for accuracy and timeliness activities, high level of attention to details in handling financial documents
Establish escrow accounts when applicable; verify status of property taxes, liens, flood, and homeowners’ insurance
Assist in the preparation and tracking of Home Mortgage Disclosure Act (HMDA) reports, ensuring accuracy and compliance with regulatory requirements
Support with the creation, maintenance, and operational reporting activities as requested
Communicate and share any risks or concerns identified through lending activities with management as soon as concerns arise
Executes loan growth goals, sales targets, and objectives established by the management team
Build and maintain strong relationships with internal and external members, business partners, and vendors. Ensure DMCU service standards are maintained throughout the lending process
Ensure all activities and processes are conducted in accordance with internal policies, procedures, guidelines, and comply with relevant state and federal regulations
Perform all other duties as requested by management to support the needs of internal and external members
Qualification
Required
Minimum of 5 years of experience in real estate lending, with a solid understanding of the mortgage application to closing life cycle
High school diploma or equivalent required; associate degree or coursework in business, environmental studies, or a related field preferred
Active and/or valid NMLS registration required in compliance with the SAFE Act
Proficiency in lending and servicing software applications is required
Strong understanding of loan products, underwriting processes, and regulatory requirements
Analytic skills are essential for this role
Excellent verbal, written, and interpersonal communication skills
Ability to work in a fast-paced environment while meeting deadlines and turn-times
Must be dependable and willing to work additional hours when necessary to serve both internal and external members
Preferred
Preferred experience or certification in assisting with state or federal housing grant applications, including intake and submissions
High school diploma or equivalent required; associate degree or coursework in business, environmental studies, or a related field preferred
Company
Diversified Members Credit Union
DMCU provides friendly, personal, financial services in a professional atmosphere to all members.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Colleen Scott
Chief Marketing Officer
Recent News
2025-10-23
Credit Union Times
2023-12-25
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2023-12-25
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