Loan Officer

4 weeks ago

Portland, United States Evernorth Full time
Job DescriptionJob Description

VISION STATEMENT: People in every community have an affordable place to live and opportunities to thrive.

MISSION STATEMENT: We work with partners to connect underserved communities in the northern New England region with capital and expertise to advance projects and policies that create more inclusive places to live.

SUMMARY:

The Loan Officer is responsible for all aspects of the loan process from origination through closing including marketing and new business development, origination, underwriting, credit write-up and approval, closing and loan funding in coordination with other team members. The Loan Officer coordinates internally among Evernorth departments and works directly with external professionals, including borrowers, legal counsel, other lenders, syndicators and representatives of partner agencies and organizations to ensure Loan Fund programs and financings are carried out efficiently and in compliance with all applicable requirements.

RESPONSIBILITIES:

Business Development: Work with the Director of Lending and the Community Investments department to cultivate lending prospects by developing and maintaining external relationships with industry partners, including real estate owners and developers, public agencies, and community organizations to advance organizational initiatives, strategic goals, and priorities.

  • Stay abreast of federal and state programs and funding opportunities for affordable housing development including Low-Income Housing Tax Credits, Tax Exempt Bonds, HOME, Section 8, USDA-RD Section 515.
  • Attend partner networking and professional development events; share expertise by serving on panels and making presentations as appropriate.

Loan Origination: Ensure prompt and thorough review of financing requests.

  • Review loan applications and gather initial due diligence items needed for loan underwriting and financing approval.
  • Conduct preliminary pro forma analysis to assess project feasibility and credit quality; conformance with existing loan products, policies, and underwriting standards; and alignment with strategic priorities and social impact goals.
  • Prepare project feasibility and credit underwriting memo for presentation to Credit and Loan Committees.
  • Prepare and circulate loan commitment letters for review and execution.

Loan Closing: Facilitate timely closing and funding of loans in accordance with approved financing terms.

  • Facilitate collection of final due diligence items from borrowers and coordinate with other team members and departments to ensure timely and accurate closings of loans.
  • Work with attorneys and other team members to prepare and finalize loan documents.
  • Review closing statements and requests for initial advances on loans.
  • Prepare hand-off memo to ensure smooth transition to team members handling ongoing loan servicing, compliance, and asset management.

Business Process Improvement: Assist in establishing, communicating, and maintaining efficient and effective workflows to carry out production and administration of loans.

  • Collaborate with team members to promote continuous business process improvement with a focus on customer-service and community impact.
  • Participate as needed with internal working groups to develop and implement data systems and tools to improve efficiency, accuracy, customer service, and measure impact.
  • Report on origination activity and provide updates as required for effective program management and committee/board oversight.

SUPERVISES: None

REPORTS TO: Director of Lending

REQUIRED EDUCATION & EXPERIENCE:

  • Bachelor’s Degree or equivalent experience
  • At least 3 years of professional experience in multifamily real estate finance, development, and/or affordable housing finance program administration

PREFERRED QUALIFICATIONS AND EXPERIENCE:

  • 5 or more years of professional multifamily real estate finance and/or affordable housing and community development lending.
  • Professional experience with a CDFI.
  • Working knowledge of affordable housing finance programs such as:
    1. state agency financing programs,
    2. federal low-income housing tax credits and tax-exempt bonds,
    3. HUD and USDA-RD federally subsidized mortgage products,
    4. Freddie Mac and Fannie Mae affordable housing products.
  • Proven track record of effective project management involving multiple objectives, stakeholders, and programs.
  • Exceptional technology skills including experience with Loan Servicing software and loan portfolio data management and tracking.

ESSENTIAL JOB SKILLS:

  • Proficiency in Office 365 Suite
  • Ability to understand and analyze legal documents associated with real estate finance.
  • Analytical skills and attention to detail.
  • Ability to plan, schedule, and prioritize responsibilities, work under pressure to meet strict deadlines, and consistently produce high quality work products.
  • Ability to work both independently and collaboratively.
  • Adaptability to changes in operating environment and new initiatives.
  • Ability to travel (20-25%) throughout Evernorth’s service area including the states of Maine, New Hampshire, and Vermont.
  • Personal maturity, highly professional social skills, ability to remain objective, rational, and discrete in stressful situations such as business negotiations, resolving differences of opinion, completing complex transactions, and collaborating with multiple internal and external stakeholders.
  • Interpersonal skills necessary to deal effectively with internal and external customers.
  • Excellent oral communication skills, writing and publication skills.

The following are the general Evernorth work environment and physical demands:

  • Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.
  • The noise level in the office work environment is usually quiet.
  • The noise level at the job site is usually moderate to noisy.
  • This position requires periods of sitting, standing, walking, stooping, and bending.
  • Ability to reach with hands and arms and talk and hear.
  • Specific vision abilities required by this job include close, distance and peripheral vision, depth perception and ability to adjust focus.
  • This position requires substantial typing, reading, and writing emails, and other related computer work.
  • The employee is regularly required to use hands and fingers.
  • Requires driving to meetings in personal car.
  • May require lifting to 20 pounds.

  • Mortgage Loan Officer in Oregon

    3 months ago

    Portland, United States Morty Full time

    Job DescriptionJob DescriptionJoin Morty as a mortgage loan officer in Oregon. Leverage our innovative mortgage technology, extensive lender marketplace, extremely competitive mortgage rates in Oregon and dedicated closing team to advance your career and achieve success.Are you a smart, resourceful, and self-sufficient individual? We're actively seeking...

  • Mortgage Loan Officer in Maine

    3 months ago

    Portland, United States Morty Full time

    Job DescriptionJob DescriptionJoin Morty as a mortgage loan officer in Maine. Leverage our innovative mortgage technology, extensive lender marketplace, extremely competitive mortgage rates in Maine and dedicated closing team to advance your career and achieve success.Are you a smart, resourceful, and self-sufficient individual? We're actively seeking...

  • Mortgage Loan Officer

    3 months ago

    Portland, United States Primary Residential Mortgage Full time

    Primary Residential Mortgage, Inc. (PRMI) is expanding its operations in Oregon and seeks a Mortgage Loan Officer to develop and accelerate this growth.Why PRMI?We pride ourselves on being more than just a workplace, we are a tight-knit work family.Join a company with a strong brand culture and values that resonate throughout our organization.We cultivate a...

  • Mortgage Loan Officer

    9 hours ago

    Portland, Oregon, United States PNC Financial Services Group Full time

    Job SummaryPNC Financial Services Group is seeking a highly skilled Mortgage Loan Officer to join our team in Greater Portland, OR area. As a Mortgage Loan Officer, you will be responsible for recommending loan solutions to clients, managing customer relationships, and collaborating with internal and external stakeholders to complete mortgage...

  • Sr. Loan Officer

    3 months ago

    Portland, United States Sproutmortgagedirect Full time

    **Sr. Loan Officer (Retail Mortgage) Remote** at Sprout Mortgage Portland, Oregon **Position Overview:**The Mortgage Loan Officer will initiate the mortgage process for potential clients, preparing, analyzing, and verifying mortgage loan applications for the purchase or refinance of real estate. **Responsibilities:** * Meets with and interviews potential and...

  • Loan Processor III

    1 week ago

    Portland, United States Guild Mortgage Full time

    Guild Mortgage Company, closing loans and opening doors since 1960. As a mortgage banking firm we are dedicated to serving the home owner/buyer. Our goal is to provide affordable home financing for our customers, utilizing the best terms available while providing a level of professionalism and service unsurpassed in the lending industry. Position Summary...

  • Senior Loan Processor

    1 week ago

    Portland, Oregon, United States Guild Mortgage Full time

    Role Overview:As a Senior Loan Processor, you will be responsible for the meticulous processing and pre-underwriting of various mortgage loans, including conventional, FHA, VA, and Bond loans. Your expertise will ensure adherence to the standards set forth by Guild Mortgage, secondary market investors, and relevant government agencies.Key Responsibilities:-...

  • Senior Loan Processor

    1 week ago

    Portland, Oregon, United States Guild Mortgage Full time

    Position Overview:As a Senior Loan Processor, you will be responsible for the thorough processing and pre-underwriting of various mortgage loans, including conventional, FHA, VA, and Bond loans. Your role is crucial in ensuring adherence to the standards set by Guild Mortgage, secondary market investors, and relevant government agencies.Key...

  • Consumer Loan Underwriter

    4 weeks ago

    Portland, United States NW Priority Credit Union Full time

    Job Type Full-time Description In this role, you'll review all consumer loan requests forwarded to the Lending Department. You'll determine qualifications according to NW Priority Credit Union guidelines for all consumer lending product offerings. You'll also determine approval, contingent approval, counteroffer, or denial. You'll review vehicle loan...

  • Loan Processing Specialist

    1 week ago

    Portland, Oregon, United States Collabera Full time

    Position Overview: We invite you to explore the details of this opportunity by reviewing the information provided below. Please ensure you possess the required qualifications before proceeding with your application.Job Title:Loan Processing SpecialistLocation:RemoteContract Duration:12 monthsCompensation:$20 to $22 per hourRole Responsibilities:As a Loan...

  • DFC Loan Processor

    1 month ago

    Portland, United States Lithia Motors Full time

    Dealership: L0238 Driveway Finance Corporation DFC Loan Processor I The DFC Loan Processor I works with Lithia Stores to ensures that each loan package is compliant with DFC loan standards within deadlines. Will verify employment and insurance coverage for loan collateral, documenting all steps taken within the LOS, limiting risk to DFC by identifying...

  • Mortgage Loan Specialist

    5 hours ago

    Portland, Oregon, United States PNC Financial Services Group Full time

    Job SummaryPNC Financial Services Group is seeking a highly skilled Mortgage Loan Officer to join our team in Greater Portland, OR area. As a Mortgage Loan Officer, you will be responsible for recommending loan solutions, managing customer relationships, and collaborating with internal and external stakeholders to complete mortgage transactions.Key...

  • Mortgage Loan Originator

    5 hours ago

    Portland, Oregon, United States PNC Financial Services Group Full time

    Job SummaryPNC Financial Services Group is seeking a highly skilled Mortgage Loan Officer to join our team. As a Mortgage Loan Officer, you will be responsible for recommending loan solutions to clients, managing customer relationships, and collaborating with internal and external stakeholders to complete mortgage transactions.Key ResponsibilitiesLoan...

  • Automotive Loan Processing Specialist

    1 week ago

    Portland, Oregon, United States Lithia Motors Full time

    Company: Lithia Motors Position: DFC Loan Processing Specialist I The DFC Loan Processing Specialist I collaborates with Lithia dealerships to ensure that every loan submission adheres to DFC standards within specified timelines. This role involves verifying employment and insurance for loan collateral, meticulously documenting all actions taken within the...

  • Loan Clerk

    4 weeks ago

    Portland, United States Prime Hires Full time

    Job DescriptionJob DescriptionOur client is a top financial institution with significant North American holdings. They have operations across most major verticals, including institutional & corporate, wealth management, private client, commercial banking, treasury, and retail banking.Title: Banking Customer Service RepresentativePay Rate: $16.90Start Date:...

  • Chief Financial Officer

    2 months ago

    Portland, United States Evernorth Full time

    Job DescriptionJob DescriptionVISION STATEMENT: People in every community have an affordable place to live and opportunities to thrive. MISSION STATEMENT: We work with partners to connect underserved communities in the northern New England region with capital and expertise to advance projects and policies that create more inclusive places to live....

  • Healthcare Office Coordinator

    1 week ago

    Portland, Oregon, United States Hanger Clinic Full time

    About Us:At Hanger Clinic, we are dedicated to Empowering Human Potential. As the leading provider of orthotic and prosthetic (O&P) services and products, we pride ourselves on delivering advanced O&P solutions, distinct clinical programs, and exceptional customer service. Our Patient Care segment operates the largest network of O&P clinics across the...

  • Office Specialist 1

    3 months ago

    Portland, United States State of Oregon Full time

    Job Description: Do you have exceptional customer service skills? Do you thrive in a fast-paced environment with competing priorities? Do you have excellent organization, attention to detail, and time management skills?  If so, please consider joining our WorkSource Oregon team and apply today!At the Oregon Employment Department, we actively support a...

  • Compliance and Quality Officer

    2 months ago

    Portland, Oregon, United States OnPoint Community Credit Union Full time

    JOB SUMMARYUnder direction of the Enterprise Risk Officer- Retail Delivery, this position performs a variety of risk-based engagements to support the achievement of Retail Delivery objectives. The Compliance and Quality Control Officer- Retail Delivery is primarily responsible for the development, implementation and oversight of quality control and...

  • Veterinary Office Administrative Coordinator

    3 days ago

    Portland, Oregon, United States DoveLewis Veterinary Emergency and Specialty Hospital Full time

    DoveLewis Veterinary Emergency and Specialty Hospital is seeking a Medical Administrative Assistant to enhance our Clinical Administration team.About the Role:In the capacity of Medical Administrative Assistant, you will engage in a variety of responsibilities that ensure the effective functioning of our hospital and business operations.Key...