Loan Processor - Multifamily

Job Type
Administrative
Organization
Massachusetts Housing Partnership
Contact Name
Ivette Timberlake
Contact Email
mhphr@mhp.net
Contact Phone
Address

160 Federal Street
Boston, MA
United States

Job Description

The Massachusetts Housing Partnership (MHP) is a national leader in affordable housing finance and a primary lender in Massachusetts for the financing of affordable and mixed-income rental housing. MHP is a mission-driven non-profit public agency and an approved Fannie Mae MAH lender, FHA MAP lender, and FHA Risk-Sharing lender with over $1.2 billion in credit lines from Massachusetts banks. We are seeking an experienced Loan Processor to support Loan Officers originating multifamily loans under our Fannie Mae, FHA Risk Sharing, and bank capital programs.

Responsibilities: Manage the flow of multifamily loan transactions from loan origination through closing and delivery. Manage the collection and review of due diligence associated with loans originated under multiple lending products, particularly Fannie Mae MAH loans. Assist in the preparation of credit analyses, track deadlines, expenses, and contacts for each transaction. Assist the loan officers in the credit submission and underwriting review process, working with MHP’s Chief Underwriter.

Qualifications: The ideal candidate will have at least 2-3 years’ experience processing multifamily loans. Fannie Mae DUS loan processing experience with a working knowledge of the Fannie Mae Guide and efanniemae applications is a plus. Highly organized and detail oriented with strong communication skills and with the ability to manage multiple projects required. Previous experience and knowledge of affordable housing programs is a plus. Bachelor's degree is preferred.

Salary: Commensurate with experience. MHP provides a comprehensive benefits package including health, life, dental, and disability insurance, flexible spending accounts, a public transportation benefit, and a fully vested employer-matched retirement plan.  Excellent team-oriented work environment.  MHP is an Equal Opportunity Employer.  

Application Instruction

Please send a cover letter (required) and resume to Ivette Timberlake, MHP, 160 Federal Street, Boston, MA 02110. Fax: (617) 330-1919. E-mail: mhphr@mhp.net