Consumer Loan Underwriter

About the role

Forest Area Federal Credit Union is committed to empowering members through responsible lending, financial education, and community‑first service. As a member‑focused credit union, we build strong relationships while helping individuals and families reach their financial goals. We are seeking a Consumer Loan Underwriter who is detail‑oriented, analytical, and passionate about making sound credit decisions that protect our members and the credit union.

Position: Consumer Loan Underwriter • Location: Administrative Building in Fife Lake, MI • Employment Type: Full‑Time

Responsibilities

• Review loan applications for accuracy, completeness, and compliance with internal policies.
• Analyze financial documentation, credit reports, and income data to assess creditworthiness.
• Evaluate risk using credit scoring models and risk management tools.
• Ensure all decisions follow applicable laws and regulations (TILA, ECOA, FCRA, etc.).
• Communicate with applicants to request documentation or explain loan decisions.
• Collaborate with loan officers and management on complex or high‑value cases.
• Maintain thorough documentation and support internal audit readiness.
• Stay up to date with industry changes, products, and compliance standards.

Requirements

• 3–5 years of experience in consumer lending or underwriting.

Qualifications

• High school diploma or GED.

Skills

• Proficiency in evaluating credit reports, financial statements, and loan applications.
• Knowledge of consumer loan products (auto, personal loans, credit cards, lines of credit).
• Strong understanding of consumer lending regulations (TILA, ECOA, FCRA, RESPA).
• Excellent communication, decision‑making, and analytical abilities.
• Detail‑oriented and organized, with solid time management skills.
• Comfortable using loan origination systems, credit analysis tools, and Microsoft Office.

Benefits

• Supportive and member‑focused team culture.
• Paid time off, holidays, and benefits.
• Opportunities for ongoing training and professional growth.
• Commitment to work‑life balance.
• Chance to make a real difference in members’ lives.