Under the general direction of the Housing Programs Manager of the Division of Housing and Neighborhood Development, incumbent assumes financial accountability and responsibility for the housing rehabilitation and first time homebuyers’ loan packaging process. Interviews homeowners, provides financial counseling, obtains and verifies information regarding income and expenses of clients. Determines eligibility of client and appropriate financing package, and prepares loan applications. Answers phone, responds to questions, accepts loan payments, creates initial project files, prepares reports, and enters transactions into the journal entry system. Closes loans when necessary.
This position requires knowledge and experience in finance, loan processing, loan underwriting procedures, including basic FNMA/FHLMC lending and documentation requirements, and applicable Federal, State and local loan rehabilitation rules and regulations.