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Employment Opportunities

Community Development Mortgage Loan Officer (Full-time position)

Posted: March 7th, 2017

Position Summary: The Community Development Mortgage Loan Officer (LO) performs a range of lending activities to originate and underwrite CRL Program mortgage loans for single, multi-family and mixed-use properties, assist in the marketing of HCLF’s construction loan products as well as permanent loan products. The LO reports to the Director of Mortgage Lending and works closely with other HCLF staff members who assist in processing, closing and servicing loans. Through HCLF brokerage relationships, the LO will also provide conventional mortgage products to prospective borrowers in HCLF’s investment area.

Responsibilities: Following are responsibilities of the LO, which include, but are not limited to:

  • Increase visibility of HCLF loan products in underserved areas and to underserved populations through marketing and new business development activities with realtors, current/potential homeowners, investors, contractors, developers, and other stakeholders to generate business and meet organizational production goals;

  • Provide technical assistance to customers on housing finance, subsidy sources, property/construction management, risk mitigation and other housing-specific topics;

  •  Ensure collection of all supporting documentation and process the application in a timely manner. Communicate effectively with customers, realtors, attorneys, staff and other stakeholders to efficiently process and close the loan;

  • Prepare Loan Approval Summary recommendations for management and Loan Committee review in accordance with the HCLF underwriting guidelines. Present the final Loan Approval Summary to Loan Committee for approval. Prepare Commitment Letters for approved loans;

  • Conduct property site visits as necessary;

  • Perform other duties and tasks as assigned.

Requirements: The successful candidate will possess the following qualifications:

  • NMLS licensing as Mortgage Loan Originator (MLO) with five years of recent work experience as MLO;

  • Bachelor’s Degree;

  • Commitment to social justice issues and high quality affordable housing;

  • Good written and verbal communication skills; ability to make effective public presentations to a range of audiences;

  • Working knowledge of Microsoft Office software program, use of email and internet, and other software applications, as required. HCLF will provide necessary training to the LO specific to the management of its Construction-Rehab lending process.

Compensation and Benefits: HCLF offers a combination of:

  • Fixed Salary ($40,000 - $51,000 depending on experience)

  • Commission on HCLF-direct CRL Program mortgage loans (100 bps)

  • Commission on HCLF-brokered mortgage loans (75 bps)

  • Additional incentive for achievement of organizational lending goals

HCLF’s offers a competitive benefits package which includes: medical/dental coverage, flexible spending accounts, disability and life insurance, and an employer-matched retirement plan.

HCLF is an equal opportunity provider and employer. HCLF does not discriminate in hiring or employment practices on the basis of race, color, ethnicity, gender, national origin, age, religion, sexual orientation, disability, marital or familial status, ancestry, or status as a veteran. HCLF is committed to maintaining a multicultural work environment. Women and minorities are strongly encouraged to apply.


Please send cover letter and résumé:
Rex Fowler

215 Garden Street

Hartford, CT, 06105

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