Dedham Savings

Community Reinvestment Act Loan Officer

Dedham Savings

full-time

Posted on:

Location Type: Hybrid

Location: DedhamMassachusettsUnited States

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Salary

💰 $50,000 per year

About the role

  • Represent Dedham Savings as a Community Reinvestment Act Loan Officer in the dedicated assessment area.
  • Establish and maintain relationships with realtors, housing authorities, and non-profit agencies.
  • Assist customers in securing mortgage loans and down payment assistance.
  • Administer the loan origination process.
  • Attract new loan prospects and referral sources.
  • Originate mortgage loans focusing on minority and low-to-moderate income borrowers.
  • Meet local realtors and organizations to establish referral networks.
  • Conduct first-time homebuyer seminars and events.
  • Assist with lead generation for community development loans.
  • Communicate effectively with customers and vendors throughout the lending process.

Requirements

  • Associate’s degree or its equivalent through specialized coursework and training.
  • Five – ten years of sales experience within a lending environment.
  • Strong sales ability.
  • Good working knowledge of residential lending.
  • Excellent communication and organizational skills.
  • Knowledge of mortgage guidelines (FNMA/FHLMC/MHFA).
  • Excellent communication skills and personality oriented toward sales.
  • Ability to organize time and work independently and to cooperate as a team member.
  • Knowledge of HMDA and CRA regulations.
  • Prior experience reviewing transactions and filing documentation for compliance with applicable regulations.
Benefits
  • Medical
  • Dental
  • Vision
  • Flexible Spending
  • Tuition Reimbursement
  • Childcare Subsidy Reimbursement
  • Retirement
  • Life Insurance
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
loan originationmortgage loansdown payment assistancelead generationsales experienceresidential lendingtransaction reviewdocumentation filing
Soft Skills
strong sales abilityexcellent communication skillsorganizational skillstime managementteam collaboration
Certifications
Associate’s degree