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Mortgage Loan Disbursement Specialist

Job in Ann Arbor, Washtenaw County, Michigan, 48113, USA
Listing for: Arbor Financial Credit Union
Full Time position
Listed on 2026-09-20
Job specializations:
  • Finance & Banking
    Loan Servicing, Mortgage Loan Originator / Advisor, Banking Operations, Banking & Finance
Salary/Wage Range or Industry Benchmark: 21 USD Hourly USD 21.00 HOUR
Job Description & How to Apply Below

Description

  • Hybrid work schedule
  • Paid vacation, personal, sick, holiday, volunteer & birthday time off
  • 401(k) with 6% match and 4% profit-sharing contribution
  • Top-notch health insurance, dental, and vision
  • HSA, Flexible spending plans, life insurance, and short-term/long-term disability coverage
  • Employee Assistance Program to prioritize your wellbeing
  • Loan and mortgage discounts + higher rates for savings products

Starting Wage: $21.00/Hour, based on experience

Location: Kalamazoo, MI

About

The Role

The Mortgage Loan Disbursement Specialist supports a smooth mortgage experience by reviewing closing documents, preparing loans for servicing, completing disbursement activities, and ensuring post-closing requirements are met accurately and on time. This detail-oriented position collaborates with title companies, members, and mortgage staff to maintain complete, compliant, and well-organized loan files.

Where You’re Headed

Start your Arbor journey at Mortgage Loan Disbursement Specialist and grow right where you are – Specialist II growth track promotions possible (with a pay increase). With advancement opportunities and access to internal openings in departments like lending, marketing, IT, HR, and finance, your future is full of possibility.

What You’ll Do
  • Review and maintain mortgage closing packages.
  • Prepare, transfer, and verify loan data between origination and servicing systems.
  • Complete loan funding, escrow setup, PMI activation, and related transactions.
  • Resolve post-closing, underwriting, documentation, and quality control items.
  • Process servicing updates, construction draws, payment setup, and loan conversions.
  • Collaborate with title companies, members, and mortgage staff to resolve issues efficiently.
Is This You?
  • High school diploma or equivalent
  • Strong computer and application skills
  • Strong oral and written communication skills
  • Ability to successfully organize, prioritize, and manage multiple responsibilities
  • Ability to perform repetitive, detail-oriented tasks accurately
  • Strong interpersonal skills and ability to build collaborative relationships
  • Professionalism in conduct, communication, and appearance
  • Ability to be registered under the SAFE Act required
  • Ability to be bonded
  • Preferred But Not

    Required:

    Associates degree or equivalent combination of education/experience, financial services experience, retail mortgage lending experience, mortgage servicing software experience
Why Join Arbor?

For over 90 years, Arbor Financial Credit Union has helped members and employees thrive. We’ve built a workplace grounded in our core values:
Work Together, Do the Right Thing, Be Creative, and Have Fun
. Here, you’ll enjoy meaningful work, growth opportunities, caring teams, and great benefits. Visit our website to discover what makes us exceptional and.

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