CFP Consumer Loan Underwriter at Lafayette Federal Credit Union

Rockville, Maryland, United States -

Full Time

Start Date

Immediate

Expiry Date

11 May, 26

Salary

71000.0

Posted On

10 Feb, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Underwriting, Loan Processing, Credit Analysis, Documentation Review, Debt to Income Calculation, Loan Disbursement, Customer Service, Financial Analysis, Attention to Detail, Communication, Problem Solving, Teamwork, Time Management, Analytical Skills, Community Engagement, Professional Development

Industry

Banking

Description

Description NOTICE: JOB APPLICANTS LIMITED TO DC, MD, OR VA RESIDENTS. POSITION IS HYBRID. Please note that we are exclusively considering applicants residing in the District of Columbia, Maryland, or Virginia for all open positions. Join Lafayette Federal Credit Union, a proud recipient of USA Today's Top Workplaces of 2024 and 2025 award! As we continue to grow, we are on the lookout for exceptional talent to join our dynamic team. At Lafayette Federal Credit Union, we pride ourselves on our commitment to excellence and our reputation as an employer of choice. We believe that the dedication and skills of our team members are crucial to achieving our mission of becoming the premier financial partner for our community. Your potential contributions are invaluable, and we are excited to welcome new team members who share our passion for innovation and high performance. About us: Our Difference: What makes Lafayette Federal cutting-edge? Lafayette Federal Credit Union is not only a great place to bank, but also a great place to work! In addition to our Top Workplaces recognition by USA Today, we've also earned numerous accolades including: Newsweek’s America’s Best Banks list A 5-star rating from Bauer Financial Recognition by S&P Global's Top Performing Credit Unions Our Culture: Lafayette Federal is about inclusion, diversity, high performance, and new opportunities. Teamwork and our sense of community also make Lafayette Federal a great place to work. Each person is valued for his or her unique set of skills. We share a common devotion to the people we serve, participating in charity events throughout each year and giving back to the community. Our Opportunities: Professional development, training, and certification is a priority for our employees. We want you to reach your career goals and provide support that leads to opportunities of advancement within the industry. About the role: We are currently seeking a CFP Consumer Loan Underwriter to join our team! Requirements Essential Functions & Responsibilities: Underwrites and decisions consumer loans up to the amount assigned per credit union policies. Reviews and analyzes tax returns, paystubs, interest rate calculations, borrower's credit character, ability and willingness to repay use of existing credit accounts. Verifies home ownership, home value and contractor license (if applicable). Verifies that all required documentation has been received; follows-up and requests missing information; analyzes the information gathered based on credit union policy; reconcile the income, appraisal value, credit history and determines the terms and conditions of the loan. Performs processing functions to include calculating debt to income ratios, loan to value ratios, document preparation, loan disbursement and reconciliation. Performs other support and/or administrative duties as assigned by the CFP - Program Manager, VP of Consumer Lending, SVP of Lending Top benefits or perks: Joining Lafayette Federal comes with perks to support you in your personal and professional journey. We provide employees with a generous benefits package including: Employer paid (99.9%) health insurance premium for single and family coverage (HMO Plan) Fully funded deductible (HMO Plan) 401k employer matching contribution Income protection with life insurance, short and long-term disability Paid time off, holiday leave & birthday leave Educational assistance Commuter benefits program and more! Pay: $62,000 - $71,000 annually depending on experience and qualifications. *Lafayette Federal Credit Union is an Equal Opportunity and E-Verify Employer *EOE/AA/DISABILITY/VETERAN

Responsibilities

The CFP Consumer Loan Underwriter is responsible for underwriting and decisioning consumer loans according to credit union policies. This includes reviewing documentation, analyzing financial information, and determining loan terms and conditions.