Loan Specialist I

City of Saint Paul•Saint Paul, MN

2d•Onsite

About The Position

Join Our Team! The City of Saint Paul’s Planning and Economic Development department is seeking a detail-oriented and customer-focused professional to join our team as a Loan Specialist I. In this role, you’ll help residents navigate home loan programs by reviewing applications, explaining program requirements, coordinating loan documentation, and supporting loans through closing. This is a great opportunity for someone who enjoys working with people, managing detailed financial information, and helping residents access resources that support housing and strong Saint Paul neighborhoods. Here's what you can expect to do: Review and process home loan applications, including gathering and evaluating financial, credit, and other required information. Work directly with applicants to explain loan programs, eligibility requirements, processes, and next steps in a clear and helpful way. Prepare and coordinate loan packages, including reviewing supporting documentation and bids and submitting completed packages for approval. Coordinate loan closings and documentation, ensuring completed loans and home mortgages are accurately transmitted to the appropriate agencies. Maintain accurate loan records and prepare reports to track loan activity, meet program requirements, and support effective program administration. For more information and essential functions, see our Loan Specialist I job description .

Requirements

High School Diploma or General Education Development (GED) Certificate and fifteen (15) college semester credits in real estate, housing, or financial management courses acceptable toward an Associate Degree's in Financial Management, Real Estate and Appraisal, or a related field.
One (1) year of experience as a Loan Assistant or equivalent or as a loan officer in a bank or lending agency.
Must possess and maintain a valid Minnesota Class D Driver's License, or equivalent out-of-state driver's license.

Nice To Haves

Each additional year of qualifying experience may be substituted for five (5) college semester credits.

Responsibilities

Review and process home loan applications, including gathering and evaluating financial, credit, and other required information.
Work directly with applicants to explain loan programs, eligibility requirements, processes, and next steps in a clear and helpful way.
Prepare and coordinate loan packages, including reviewing supporting documentation and bids and submitting completed packages for approval.
Coordinate loan closings and documentation, ensuring completed loans and home mortgages are accurately transmitted to the appropriate agencies.
Maintain accurate loan records and prepare reports to track loan activity, meet program requirements, and support effective program administration.