Community Development Loan Officer oversees the bank's CRA Programs and policies to ensure compliance with federal Community Reinvestment Act banking regulations to meet the credit needs of the area's low to moderate-income populations. Serves as the subject matter expert of CRA laws, rules, and regulations by maintaining a deep and up-to-date knowledge of regulatory requirements, proposed legislation, and announcements. Being a Community Development Loan Officer reviews and analyzes lending activity data and practices to ensure compliance with CRA policies. Develops, implements, and administers the overall corporate CRA plan and localized or remedial plans with guidelines and standards to assist with compliance. Additionally, Community Development Loan Officer advises management and coordinates with legal staff on the potential impact of actions. Coordinates and delivers reports to bank leadership and regulatory agencies. Ensures the bank has a positive and visible role in community economic development activities, events, and initiatives. Requires a bachelor's degree or equivalent. Typically reports to a director. The Community Development Loan Officer work is generally independent and collaborative in nature. Contributes to moderately complex aspects of a project. To be a Community Development Loan Officer typically requires 4 -7 years of related experience. (Copyright 2024 Salary.com)
Why work with us?
Everything that we do is through the lens of Real Estate. Through the support of our team the loan officer becomes a part of the real estate team and actively works on real estate direct clientele. We are the preferred lender for a top producing real estate team and are interviewing for a Loan officer to actively serve their clientele.
We are brokers, which ensures your buyers have access to highly competitive terms and products. Go to bed at night knowing your clients have secured a great loan.
A world class client experience is a non-negotiable for us.
A Loan Officer should be focused on building strong relationships with the Real Estate Team in addition to serving any client direct opportunities.
We are offering this position as either Salary Commission or 100% Commission based pay
This Loan Officer is backed by a strong team that includes:
· Thorough, Professional Mortgage Coaching based on product needs, building relationships, and presentation
· Complete, gap-free Training
· Ongoing and active support, in addition to Industry updates
· Top Tier Processing and Closing Team
· Marketing, Branding, and Social Media tools
· A Family of Loan Officers with a Real Estate Team centered mindset from across the country
Desired Skill Set
· Ability to originate and structure different types of Loans including the standard FHA, VA, Conventional, and USDA mortgages. This is in addition to the ability to quickly pick up new programs including several Non-QM programs
· Comfortability to present and relay industry updates on a regular basis to Real Estate Partners
· Top Notch communication and coaching with agents and buyers throughout the home buying process in a timely manner
· Ability to manage an active pipeline of 6-12 loans per month while maintaining a high level of service
· A positive growth based mindset.
Job Type: Full-time
Pay: $123,956.00 - $149,111.00 per year
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Work Location: In person