Remote Senior Loan Officer – Affordable Rural Housing

Opportunity Finance Network; Washington (District of Columbia); Hybrid; USD 85,000 - 95,000; Full time

Benefits offered by this job

Health insurance

Retirement plan

Education assistance

Job summary

Housing Assistance Council (HAC) is seeking a Loan Officer to represent the HAC loan fund’s affordable housing lending activities, including marketing, originating, and underwriting new loan transactions. The Loan Officer will work with Portfolio Managers and Asset Managers to close and service loans.

The role offers a competitive salary and benefits, with the option to work remotely or from HAC’s Washington, DC headquarters, in a mission-driven, collaborative environment.

Qualifications

• Bachelor's degree in relevant field preferred.
• Minimum of 3 years’ work experience in real estate finance or development.
• Experience with affordable housing underwriting and financing.
• Knowledge of CDFIs and CDFI Fund programs.
• Strong financial, analytical, and communication skills.
• Proficiency with MS Office and loan servicing systems.

Responsibilities

• Structure loan transactions in line with internal credit and program requirements.
• Identify lending opportunities and originate loans for affordable housing development and preservation.
• Prepare and negotiate loan proposals (term sheets, letters of commitment).
• Underwrite and review loan applications; present recommendations to CEO and Loan Committee.
• Manage loan approvals from screening through due diligence to closing; support portfolio management.

Skills

Financial analysis

Loan underwriting

Risk assessment

Credit analysis

Communication skills

Education

Bachelor's degree in a relevant field

Advanced degree in business or finance

Tools

Nortridge Loan System

Microsoft Dynamics 365

Job description

Housing Assistance Council (HAC) is seeking a Loan Officer to represent the HAC loan fund’s affordable housing lending activities, including marketing, originating, and underwriting new loan transactions. The Loan Officer will work with Portfolio Managers and Asset Managers to close and service loans.

The role offers a competitive salary and benefits, with the option to work remotely or from HAC’s Washington, DC headquarters, in a mission-driven, collaborative environment.