Loan Officer, Senior, City of Columbia
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.
Responsible for loan processing for housing loan applicants. Prepares loan closing packages; post-closing and closed loan package shipping procedures. Maintains inventory of City-owned properties; oversees property maintenance and sales; inspects properties approved for purchase. 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.
Educate clients on available affordable housing programs, eligibility criteria, and financing options. Conduct thorough financial assessments of clients to determine loan eligibility and affordability. Assist clients in completing loan applications, collecting required documentation, and navigating the underwriting process. Collaborate with internal staff members as required for processing loans. The Loan Officer is responsible for loan underwriting, processing, and closing to expedite loan approvals and real estate closings. Provide ongoing support and guidance to clients.
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.
Please visit the City's website at https://www.governmentjobs.com/careers/columbiasc/jobs/4707589/loan-officer-senior?pagetype=jobOpportunitiesJobs for more details and to apply online.