LF
Indirect Lending Processor/Underwriter
full-time•Evansville
About this role
Liberty FCU, a full-service credit union, is currently seeking an Indirect Lending Processor/Underwriter with attention to detail and excellent organizational skills to join the Indirect Lending team located at 4405 Theater Drive, Evansville, IN 47716. Some holiday and extended hours are also required. Previous credit union or financial institution experience is desired. If interested, please proceed by clicking Apply.
Duties and Responsibilities include but are not limited to the following:
- Serve as indirect loan processor
- Process and service indirect documentation from dealerships and third parties
- Verify that all new loan contracts and documentation are complete and accurate
- Fund indirect loans into the credit union's core system
- Maintain knowledge of internal and external guidelines and procedures
- Organize indirect letters and packets for daily mailings
- Assist area dealerships with payoffs on existing vehicle loans
- Support the department by answering member phone questions while providing courteous and personal service
- Organize daily mail and file miscellaneous documentation
- Serve as underwriter
- Demonstrate attention to financial details and the ability to understand established lending requirements
- Become familiar with federal and industry standards and the ability to apply them on a case-by-case basis
- Use analytical skills to evaluate the financial information presented and demonstrate flexibility in applying lending criteria
- Process and analyze loan applications in the Decision Lender platform
- Determine creditworthiness by reviewing credit reports, Debt-to-Income (DTI) and unsecured ratios
- Using various evaluation tools, determine the value of collateral and Loan-to-Value (LTV)
- Evaluate the above information to determine if the applicant should receive the loan amount requested
- Respond to dealerships in a prompt and efficient manner with effective communications and member service skills
- Develop knowledge of the Internet, Excel, and Word processing systems
- Participate in the indirect lending holiday and rotational Saturday work schedules as requested by management
- Adhere to all credit union lending and personnel policies and procedures
- Develop an understanding of credit union history, philosophy, organization, bylaws and operational procedures
- Develop a working knowledge of the credit union’s data processing system
- Any other duties assigned by my supervisor or management
- Paid Holidays
- Paid Time Off (Vacation, Sick and Personal Days)
- Medical, Dental and Vision Insurance
- 401(k) retirement program with matching funds
- Employer paid Group Term Life Insurance, Short Term and Long Term Disability Insurance
- Tuition Reimbursement Program
Liberty FCU is an Equal Opportunity Employer, Minority/Female/Disability/Protected Veteran.
What you'll do
- The Indirect Lending Processor/Underwriter will process and service indirect loan documentation, ensuring accuracy and compliance with guidelines. Additionally, they will evaluate loan applications and determine creditworthiness while providing excellent customer service.
About LIBERTY FEDERAL CREDIT UNION
About Liberty Federal Credit Union
Liberty Federal Credit Union is a member-owned financial institution focused on returning value through innovative products and services. Liberty has been recognized on a state level by Forbes as one of Indiana’s best financial institutions. In recent years, the credit union has also received acclaim on a national level, including being named the nation’s Best Credit Union for Checking by Investopedia in 2021 and appearing on Newsweek’s list of America’s Best Banks in 2022.
Among Liberty FCU’s most innovative products is its Vertical Checking. This free checking account offers a high interest rate of 3.30% APY on balances up to $20,000, plus reimbursement for usage fees paid when using any ATM worldwide up to $15 per month. However, Liberty Federal Credit Union similarly excels in providing value through better loan options for borrowers. For instance, the credit union offers an uncommonly wide variety of mortgage options to ensure the best fit for its members. According to the American Credit Union Mortgage Association, Liberty FCU was the Midwest’s top credit union in 2021 total first mortgage originations. Nationally, we ranked eleventh.
Headquartered in Evansville, Indiana, Liberty FCU offers a wide footprint of branch locations throughout southern Indiana, western Kentucky, and the Greater Nashville area in Tennessee. However, the credit union currently serves more than 270,000 members across all fifty states and at least eight countries.
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Frequently Asked Questions
What does a Indirect Lending Processor/Underwriter do at LIBERTY FEDERAL CREDIT UNION?
As a Indirect Lending Processor/Underwriter at LIBERTY FEDERAL CREDIT UNION, you will: the Indirect Lending Processor/Underwriter will process and service indirect loan documentation, ensuring accuracy and compliance with guidelines. Additionally, they will evaluate loan applications and determine creditworthiness while providing excellent customer service..
Is the Indirect Lending Processor/Underwriter position at LIBERTY FEDERAL CREDIT UNION remote?
The Indirect Lending Processor/Underwriter position at LIBERTY FEDERAL CREDIT UNION is based in Evansville, Indiana, United States. Contact the company through Clera for specific work arrangement details.
How do I apply for the Indirect Lending Processor/Underwriter position at LIBERTY FEDERAL CREDIT UNION?
You can apply for the Indirect Lending Processor/Underwriter position at LIBERTY FEDERAL CREDIT UNIONdirectly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process.