Loan Officer

Massachusetts Housing Partnership Fund Board•Boston, MA

21h•Hybrid

About The Position

MHP is seeking a Loan Officer to help finance affordable and mixed-income multifamily housing across the Commonwealth. This role is ideal for someone with commercial real estate or institutional multifamily lending experience and offers the opportunity to bring high-quality housing projects to life through underwriting, structuring, and closing complex permanent loans that support new construction, substantial rehabilitation, and refinancing. You will work with a wide range of financing tools, including private bank loans, Fannie Mae affordable housing products, FHA Risk Share, and HUD MAP financings. Our borrowers include nonprofit and for-profit developers of all sizes, and our portfolio spans family housing, senior housing, single-room occupancy properties, and housing serving special-needs populations. This role will own a pipeline of transactions and work closely with internal partners and senior leadership to move deals forward efficiently and collaboratively. Depending on the portfolio, the Loan Officer may also underwrite working capital lines of credit. Beyond closing loans, this position contributes to MHP’s broader impact through strong borrower relationships, thoughtful input into lending policies and programs, and engagement with industry partners. It’s an ideal opportunity for someone who enjoys complex transactions, teamwork, and mission-driven work with tangible community impact. At MHP, staff engagement, inclusion and belonging are integral to everything we do. We value individuals who are intentional about fostering inclusive environments and who recognize the power of diverse perspectives. The person in the Loan Officer position is expected to embody these values not only in their work but in how they build relationships, make decisions, and contribute to a supportive team culture.

Requirements

Minimum of five (5) years of progressively responsible experience in commercial real estate, multifamily and/or affordable housing lending, including underwriting and structuring complex transactions.
Demonstrated ability to perform advanced credit analysis, apply professional judgment, and integrate policy, market, and risk considerations into sound lending recommendations.
Strong proficiency with financial modeling tools and lending-related systems; ability to analyze, interpret, and communicate complex financial information effectively.
Working knowledge of affordable housing finance programs and public-sector or mission-driven lending environments, with the ability to interpret program requirements in non-routine situations.
Bachelor’s degree, or an equivalent combination of knowledge, skills and experience required for the role.
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.
Travel may occasionally be required within Massachusetts.
Valid Driver’s license or ability to acquire one and/or reliable means of transportation required.

Nice To Haves

Experience with Fannie Mae MAH platform a plus.

Responsibilities

Underwrite, structure, and close complex commercial multifamily affordable housing loans using sound credit judgment and policy interpretation.
Prepare clear credit analyses and present recommendations to senior leadership and governance committees.
Manage loan closings in collaboration with legal counsel and internal teams to ensure timely execution.
Partner with business development colleagues to evaluate opportunities, support borrower relationships, and prepare term sheets.
Provide mentorship to team members through coaching on loan processing, tracking, and due diligence.
Oversee due diligence and third-party reports and incorporate findings into underwriting decisions.
Manage multiple transactions at once, identifying risks, resolving issues, and moving deals toward approval and closing.
Contribute to the ongoing improvement of lending programs, policies, and professional best practices.