Loan Officer

The City of Savannah Housing Department is looking for the next Loan Officer to join their team.  As a Loan Officer you will be responsible for marketing, originating, processing and closing all departmental housing loans and/or grants.

We offer an excellent benefits package to include health, dental and vision, defined contribution plan (457b), life insurance, wellness programs, vacation, sick leave, paid holidays, employee assistance program, home buyers' program, tuition reimbursement and more!   

                             Click Apply now to take the first steps towards your new career!

• Markets, originates, processes, and brings to closing owner-occupied home repair,

rental property repair, home purchase, and/or housing development loans and/or

grants.

• Works collaboratively with City departments, non-profits, and others to deliver programs, find opportunities, and resolve challenges. 

• Attends and presents information at a variety of community and partner meetings. 

• Explain programs to applicants and other interested parties.

• Take, review, verify, and document information reported on applications.

• Identify and help resolve, where possible, impediments preventing immediate

assistance participation in loan and/or grant programs.

• Perform complex financial calculations and analysis of household income, debt

service, debt load, credit, and financing options including layered financing.

• Determine most appropriate type, amount, terms of loan and/or grant assistance.

• Order and/or review home inspections and cost estimates from construction services staff and/or other inspection or appraisal professionals.

• Reviews contractor cost proposals.

• Obtain and review environmental reviews to ensure compliance with flood

insurance, lead paint, SHPO, and other funding source requirements.

• Present loan and/or grant proposals to the Loan Review Committee for approval.

• Prepare and review loans and/or grant closing documents. 

• Coordinate loan and/or grant closings with clients and, where applicable, attorneys,

realtors and funding partners.

• Documents and assists with problem resolution during and following projects. 

• Develop new and maintains existing funding partnerships. 

• Maintains audit ready organized, complete, and accurate files.

• Utilizes Neighborly, Excel, and other software to document, track, and report on

project status and results.

• Performs other related duties as assigned.

Requires an Associate's Degree in Finance, Business Management, or related financial field;

with four (4) years of experience in loan preparation and underwriting or an equivalent

combination of education and experience.

Must possess and maintain a valid state driver's license with an acceptable driving history.

Additional Requirements

Background investigation, including supervised drug screen, post offer/pre-employment

medical screen: and verification of education, certifications, and licenses required prior to

employment.

KNOWLEDGE, SKILLS & ABILITIES:

• Knowledge of loan origination, processing and closing procedures and policies.
• Knowledge of generally accepted accounting principles.
• Knowledge of modern office practices and procedures.
• Knowledge of consumer protection laws.
• Knowledge of job-related software programs.
• Knowledge of computers and other modern office equipment.
• Skill in loan/grant origination, processing and closing.
• Skill in establishing priorities and organizing work.
• Skill in the operation of computers and other modern office equipment.
• Skill in public and interpersonal relations.
• Skill in oral and written communication.

MINIMUM STANDARDS:

SUPERVISORY CONTROLS: The Housing Manager assigns work in terms of general

instructions. The supervisor spot-checks completed work for compliance with procedures,

accuracy, and the nature and propriety of the final results.

GUIDELINES: Guidelines include department standard operation procedures, Consumer

Protection and federal laws and guidelines. These guidelines are generally clear and

specific but may require some interpretation in application.

COMPLEXITY: The work consists of related clerical and financial accounting duties. Strict

federal regulations contribute to the complexity of the position.

SCOPE AND EFFECT: The purpose of this position is to perform specialized accounting

work in support of the department's loan servicing activities. Successful performance in this

position results in the efficiency of department operations.

PERSONAL CONTACTS: Contacts are typically with co-workers, other city employees,

homeowners, insurance agents, lawyers, and members of the general public.

PURPOSE OF CONTACTS: Contacts are typically to give or exchange information, provide

services, and resolve problems.

PHYSICAL DEMANDS: The work is typically performed while sitting at a desk or table or

while intermittently sitting, standing, stooping. The employee occasionally lifts light objects.

WORK ENVIRONMENT: The work is typically performed in an office.

SUPERVISORY AND MANAGEMENT RESPONSIBILITY: None