Loan Officer, Senior, City of Columbia Community Development Department
This position mortgage loan originates, packages, and underwrites housing loans for qualified applicants within Columbia city limits; assists in managing City-owned properties; provides experienced leadership; performs related professional, administrative, and technical work as required. The Loan Officer will present mortgage-ready loan applications to the Program Manager to prepare for the Loan Committee's approval or denial. The incumbent works within a general outline of work to be performed and develops work methods and sequences under general supervision.
Manage a portfolio of affordable housing loans from application to closing, ensuring compliance with all regulatory requirements and internal policies. Interviews and pre-qualifies applicants for housing loans; gathers and evaluates credit reports and other documentation supporting loan eligibility; Intake and review applications for housing rehabilitation program; gathers and evaluates credit reports and other documentation supporting program and income eligibility; Prepare loan recommendations for approval or denial from Loan Committee;
Stay informed about changes in affordable housing regulations, programs, and market trends, and incorporate this knowledge into client interactions and loan processing. Responsible for outreach activities and marketing programs. Participate in local real estate activities and networking as a part of marketing and growing portfolio. Develop and maintain relationships with affordable housing organizations, government agencies, and community partners to expand access to affordable housing resources. Educate clients on available affordable housing programs, eligibility criteria, and financing.
Bachelor’s degree in Business Administration, Finance, Accounting or closely related field; minimum of three years of mortgage lending experience, focusing on affordable housing programs Strong understanding of affordable housing regulations, including FHA, VA, USDA, and Fannie Mae/Freddie Mac guidelines. Demonstrated track record of successfully originating and closing affordable housing loans. Excellent communication and interpersonal skills, with the ability to build rapport with clients from diverse backgrounds.
Detail-oriented with strong analytical and problem-solving abilities. Ability to work independently and as part of a team in a fast-paced environment. Proficiency in mortgage loan origination software and Microsoft Office Suite. Valid South Carolina Class “D” Driver’s License.
Knowledge of mathematics involving the practical application of fractions, percentages, ratios and proportions; or measurements, logarithmic or geometric construction. May use algebraic solutions of equations and inequalities; descriptive statistics; deductive geometry, plane and solid, and rectangular coordinates; mathematical classifications or schemes; Ability to gather, organize, analyze, examine or evaluate data or information and may prescribe action based on such data or information; Ability to provide information, guidance or assistance to people to directly facilitate tasks.
Please visit the City's website at https://columbiasc.csod.com/ux/ats/careersite/1/home/requisition/2679?c=columbiasc to view the posting and apply.