Loan Processor Associate

Housing Assistance Council   Washington, DC   Full-time
This job is no longer available.
Job Posting Shared.
Job Posting Reminder Sent.

The Loan Processor Associate is an Entry-level position and will assist in the overall loan portfolio management functions of the organization’s portfolio of loans made to entities engaged in affordable housing activities in rural communities throughout the United States. This individual will assist in a range of lending activities — including loan department reports, loan payments, loan closing, disbursement, various aspects of monitoring, and servicing single- and multi-family housing development loans — in the Loan Fund Division.

PRIMARY RESPONSIBILITIES

  • Assist with regular quality control checks of all assigned loan files to ensure completeness and compliance prior to, during, and after the closing and funding of the
  • Review and reconcile loan payments and categorize them as interest, principal, or
  • Collect, review, and process due diligence documentation and ensure compliance with funding and loan
  • Process lien releases and reconveyances of collateral as
  • Coordinate with Finance to enter receipts into the loan
  • Assist with monthly and quarterly reports that include but are not limited to quarterly status and interim financial reports, construction to permanent loan conversions, loan payment delinquency, payment error, maturity
  • Assist with monitoring, evaluating, and reporting on monthly draw requests from construction loan borrowers. This work may include review of borrower and architect certifications, invoice back-up, lien waivers, and title
  • Assist with review of loan disbursement authorization with approved amounts, authorized accounts, payments made by borrower and loan
  • Assist with preparation of reconciliation of loan fund balances
  • Assist management on loan department reports and

QUALIFICATIONS

  • Currently pursuing a Bachelor’s or Master’s degree in Finance, Economics or
  • Internship experience in Housing, Real Estate or Banking is a
  • Advanced Excel knowledge
  • Excellent mathematics skills and number
  • Excellent verbal and written communication
  • Strong organization and time management
  • Detail
  • Ability to operate autonomously with transparency and

 

This job is no longer available.

Housing Assistance Council

Washington, DC