Community Lending Specialist

SUMMARY:

Neighborhood Partnership Housing Services (NPHS) is a community development organization with a mission to build equitable communities by creating innovative housing and economic solutions that advance the well-being of people, the vitality of neighborhoods, the creation of jobs, and the sustainability of the environment. We further our mission by applying a holistic approach to community and economic development by methodically engineering innovative programs, products, services, and social enterprises that are customer-centric and interconnected to successfully create meaningful impact and transformational change in our communities.

NPHS is looking for a self-motivated individual with a passion for assisting families in achieving their homeownership goals. The primary responsibility of the Community Lending Specialist is to review and determine outcomes for loan applications submitted for review. The Community Lending Specialist will be required to have a comprehensive understanding of all NPHS loan programs and services. The position will involve daily interaction with interested lenders, applicants, community partners, and current borrowers to assist with program questions, submission of paperwork, community outreach efforts, and file review.

Responsibilities:

The below statements are intended to describe the general nature and scope of work performed by this position. This is not a complete listing of all required responsibilities, duties, and skills.

Provides a comprehensive understanding of NPHS’ loan programs and services to interested applicants, lenders, community partners, and NPHS staff.

Works with program participating lenders and applicants to collect a complete file for review.

Reviews loan application submissions for various down payment assistance, home improvement loans, small business loans, and other loan programs as needed.

Determines applicant income, debt to income ratios, and overall eligibility for various NPHS loan programs in accordance with the program guidelines.

Informs applicants and lenders of file decisions.

Processes and reviews external City loan program applications that are administered by NPHS.

Provides occasional education and community outreach regarding NPHS’ programs and services. This includes facilitating both in-person and virtual off-site and onsite education workshops on evenings and weekends as needed.

Processes loan applications submitted for review to appropriate staff.

· Creates and maintains accurate hard copy and electronic files for each client, including all necessary and required forms and documentation in compliance with program requirements.

· Assists in coordinating and conducting lender training events to increase NPHS’ Community impact.

· Assists in preparing department reports and ensures ongoing recordkeeping is in compliance with NeighborWorks of America and Housing and Urban Development (HUD) filing guidelines.

· Prepares loan documents and coordinates closings with escrow.

Other duties as assigned.

Required Qualifications:

Lending experience required. Must have substantial experience in mortgage lending and/or homeownership counseling strategies and programs; knowledge of lending laws and regulations; knowledge of various down payment assistance opportunities available to low-income, first-time homebuyers and experience in successfully assessing and qualifying clients for FHA and Conventional loan products; community-based non-profit experience.

NMLS Mortgage Loan Originators License Required

Must be comfortable with public speaking.

Excellent computer, communication and writing skills.

This position will require the job duties to be performed in person at NPHS’ offices.

NMLS licensed individuals are a plus.

Experience working with loan origination software a plus.

Experience with client management software a plus.

Spanish speaking.

Work Schedule:

Forty hours; Monday – Friday 8:00 a.m. – 5:00 p.m. Evenings and weekend work may be required.

Compensation and Benefits:

Annual base salary range: $50,000 - $60,000 commensurate with experience. NPHS offers comprehensive health benefits and an 8% employer retirement plan match to support our employees’ financial well-being and security.

Salary adjustment for obtaining a Mortgage Lending Origination (MLO) license will be effective upon completing the licensure process. Continued eligibility for the salary adjustment will be contingent upon maintaining an active and in-good-standing MLO license. Failure to renew or maintain the license will result in the immediate revocation of the salary adjustment.