Senior Loan Officer

The Housing Partnership Network•Boston, MA

8d•$100,000 - $115,000•Remote

About The Position

Senior Loan Officer is a senior associate-level opportunity for a relationship-driven lending professional who wants to pair strong production skills with meaningful mission impact. In this role, you will help expand access to capital for affordable housing developers across the Housing Partnership Network, supporting projects that create and preserve homes and strengthen communities. You will build trusted borrower relationships, source and shape new lending opportunities, perform initial underwriting, and help move transactions from early opportunity through term sheet stage. This is a highly collaborative role for someone who thrives at the intersection of business development, credit judgment, and affordable housing finance. The position reports to Housing Partnership Network’s Director of Lending.

Requirements

Bachelor’s degree in a relevant field such as business, finance, real estate, urban planning, or business development required.
Two to eight years of experience in commercial real estate lending focused on affordable housing, in roles such as business development officer, credit underwriter, or loan officer, preferably with a CDFI or similar organization.
Ability to manage borrower relationships with a customer-centered approach and respond quickly to opportunities and client needs.
Proven lending track record, including meeting production goals and using sales tools in a disciplined way to manage opportunities, outreach, and client requests.
Experience with credit analysis and preparing term sheets for underwriting.
Strong sales and business development skills.
Strong financial analysis skills, especially in evaluating nonprofit developers and the feasibility of real estate development projects.
Knowledge of public and private capital sources that support the operating and financing needs of affordable housing.
Highly organized, self-directed, collaborative, flexible, and proactive.
Proficiency with Microsoft Word and Excel.
Strong working knowledge of Salesforce.
Commitment to social justice and HPN’s mission.

Nice To Haves

An advanced degree in a related field is a plus.
Formal credit training is a plus.

Responsibilities

Build new relationships with members by developing and executing an outreach strategy, with support from the Director of Lending, pursuing prospects consistently and tracking activity in Salesforce.
Strengthen and grow existing relationships with HPN member-borrowers.
Represent HPN at member conferences, Strength Matters, site visits, and other events to cultivate relationships and build a strong lending pipeline.
Track relationships and coordinate with other outreach professionals in HPN. Coordinate CRM for the team.
Conduct initial underwriting for affordable housing commercial real estate transactions and recommend transaction terms and credit structure to the Director of Lending. This includes financial analysis (including audits, pro formas, and spreads), due diligence, feasibility assessment, and early evaluation of borrower and project risk.
Prepare and finalize term sheets based on the initial borrower assessment, borrower needs, and alignment with HPN’s loan products.
Determine the best deal for HPN and the member to have the highest financial return and most mission impact.
Provide clients with a checklist to prepare formal underwriting and coordinate a smooth handoff to the underwriters after the term sheet stage.
Support updates to loan policy and improvements to credit memorandum templates.
Provide lending updates for the HPF website, marketing materials, and other communications in coordination with HPN communications staff.
Additional projects that support the growth, effectiveness, and long-term impact of the organization, as requested.
Support the Asset Management team with portfolio and workout matters as needed.
Assist with investor applications and member surveys.