Community Lending Officer - Mapleton

Bank of America

462d • $56,098 - $65,042

About The Position

The position at Bank of America involves managing consumer mortgage referral requests, specifically targeting Low to Moderate Income (LMI) clients in underserved markets. The role focuses on originating mortgage transactions, enhancing client relationships, and guiding clients through the loan process from application to closing. Additionally, the position includes providing home buyer education through workshops and maintaining compliance with SAFE Act registration requirements.

Requirements

• 2+ years of experience in loan originations and/or home buyer education
• Knowledge of conventional and/or government guidelines and affordable mortgage products
• Knowledge of processing, underwriting, and closing procedures/federal lending regulations
• Ability to organize and deliver Home Buyer Workshop presentations
• Knowledge of community housing counseling agencies and community grant/downpayment programs
• Strong written and verbal communication skills
• Self-motivated and highly organized
• Ability to prioritize multiple competing tasks

Nice To Haves

• Experience in first mortgage and HELOC
• Familiar with FHA and HUD guidelines
• Knowledge of local competition product offerings and real estate market dynamics
• Strong computer skills, including Microsoft applications
• Solid time management skills
• Ability to analyze and comprehend complex financial data

Responsibilities

• Originates loans from multiple internal and external referral sources
• Understands the local Affordable Housing Market and provides lending solutions to Low to Moderate Income and First Time Homebuyers
• Achieves production goals as defined by the business
• Maintains a quality network of business relationships for new mortgage lending opportunities
• Provides exceptional customer service and maintains knowledge of lending programs and regulatory requirements
• Conducts monthly Home Buyer Workshops and Business Development meetings

Benefits

• Industry-leading benefits
• Access to paid time off
• Resources and support for employees
• Incentive eligibility based on performance

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Credit Intermediation and Related Activities
• Education Level: High school or GED