Sr. Multifamily Loan Officer

Virginia Housing Development AuthorityGlen Allen, VA
Hybrid

About The Position

Join Virginia Housing and make a difference as a Sr. Multifamily Loan Officer. This position evaluates affordable multi-family housing construction and permanent loan requests, then makes recommendations for mortgage financing. They work closely with mortgage brokers and multi-family housing developers, functioning as project leaders who coordinate other internal Virginia Housing Associates. Virginia Housing is one of the nation’s premier housing finance agencies. Our mission is to help Virginians attain quality, affordable housing, which we accomplish through our public-private partnerships. We are focused on employee engagement and committed to a healthy and diverse workforce. Educational opportunities to support and advance your career are available through classroom and online programs.

Requirements

  • Bachelor’s Degree (or equivalent work experience) in Real Estate, Business, Finance, Economics, or Urban Planning
  • Minimum of 5 years of multi-family real estate lending or development experience
  • Understanding of real estate development and construction
  • Strong organizational skills, communication skills and relationship management experience
  • Strong interest in affordable housing and mission-driven lending
  • Willingness and ability to mentor junior staff
  • Valid Driver’s License
  • Virginia Housing requires associates to live and work within the Commonwealth of Virginia

Nice To Haves

  • Affordable housing, multi-family underwriting, real estate finance experience
  • Low-income housing tax credits (LIHTC) experience
  • Strong negotiating skills
  • Advanced degree in Real Estate, Business, Finance, Economics, or Urban Planning

Responsibilities

  • Evaluates affordable multi-family housing construction and permanent loan requests
  • Makes recommendations for mortgage financing
  • Works closely with mortgage brokers and multi-family housing developers
  • Functions as project leaders who coordinate other internal Virginia Housing Associates
  • Underwriting, closing and administering both construction and permanent loans funded by tax-exempt and taxable bonds

Benefits

  • Educational opportunities to support and advance your career are available through classroom and online programs
  • Committed to a healthy and diverse workforce
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