Job Description

Salary: $57,458.00 - $73,259.00 Annually Location : Columbia, SC Job Type: Full-Time Job Number: 202400165 Department: COMMUNITY DEVELOPMENT Division: CD HOUSING ADMINISTRATION Opening Date: 10/25/2024 Closing Date: 11/25/2024 11:59 PM Eastern Pay Grade: 113 Description 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. The work is considered sedentary and involves walking or standing some of the time and involves exerting up to 10 pounds of force on a recurring basis or routine keyboard operations. The work requires the following physical abilities to perform the essential job functions: balancing, climbing, crawling, crouching, feeling, fingering, grasping, handling, hearing, kneeling, lifting, mental acuity, reaching, repetitive motion, speaking, standing, stooping, talking, visual acuity, and walking. Work environment involves exposure to no known environmental hazards; and is and secure that may periodically have unpredicted requirements or demands and secure that may periodically have unpredicted requirements or demands. Essential Job Functions 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 evaluatescredit reports and other documentation supporting loaneligibility; 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 LoanCommittee; Reviews contracts for compliance with applicable regulations, policies and procedures; Responsible for loan processing for housing loan applicants; Prepares loan closing packages; post-closing and closed loan package shippingprocedures Maintains inventory of City-owned properties; oversees property maintenance and sales; inspects properties approved forpurchase; 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 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, addressing any questions or concerns throughout the home buying process. Responsible for conducting and participating in homebuyer education sessions every quarter. Identifies past-due accounts and coordinates with loan servicer for the appropriate action to obtain payment; provide monthly report of loan pipeline status and portfolio to Program Manager, Sr. Coordinates credit counseling and general home-buyer counseling; makes recommendations on improving credit ratings as appropriate; Coordinates environmental inspections with City staff, real estate agents and/or property owners for homes financed through City lender programs; Recommends marketing strategy to increase public awareness of Housing Programs; Research and recommends housing strategies for targeted communities that utilize federal funding; Assists with other neighborhood / community development functions as appropriate; Receives and responds to inquiries, concerns, complaints and requests for assistance regarding areas of responsibility; Performs general administrative / clerical work as required, including preparing reports and correspondence, entering and retrieving computer data, preparing spreadsheets, copying and filing documents, attending meetings, etc.; Attends training, conferences, seminars, meetings, etc., to enhance job knowledge and skills; and Performs other related duties assigned. Qualifications MINIMUM REQUIREMENTS TO PERFORM WORK: Bachelor's degree in Business Administration, Finance, Accounting or closely related field; Minimum of Three (3) 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, Skills, and Abilities 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 task accomplishment; may give directions or assignments to helpers or assistants; Ability to perform skilled work involving rules/systems with almost constant problem- solving; Ability to read technical instructions, procedures, manuals and charts to solve practical problems; composing routine reports and specialized reports, forms and business letters with proper format; speaking compound sentences using normal grammar and wordform; Ability to perform professional-level work requiring the application of principles and practices in a wide range of administrative, technical or managerial methods in the solution of administrative or technical problems; or the coordination of entry-level managerial work; requires general understanding of operating policies and procedures and the ability to apply these to complex administrative problems; requires continuous, close attention for accurate results or frequent exposure to unusual pressures; and Ability to guide others, requiring frequent decisions affecting co-workers and others who depend on the service or product; works in a somewhat fluid environment with rules and procedures but with many variations from the routine. The City of Columbia is proud to offer a complete benefits package to full-time employees. This package includes health care, dental, vision, retirement, deferred compensation plans, flexible spending accounts, life insurance, long-term disability, holidays, vacation, and sick leave. Part-time or temporary employees, including interns, are not eligible for City benefits. To learn more details, visit our benefits page at: 01 Do you have a Bachelor's degree in business administration, finance, accounting or closely related field? Yes No 02 Do you have three (3) years of mortgage lending experience, focusing on affordable housing programs? Yes No 03 Do you have a valid Driver's License? Yes No Required Question City Of Columbia

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