Affordable House Lender

Duties & Responsibilities :

• Evaluate loan applications for residential affordable housing program eligibility, conduct financial analysis of applicants for creditworthiness, and work closely with the underwriting team.
• Join and establish relationships with organizations whose missions are consistent with Affordable Housing outreach and homebuyer education.
• Maintain knowledge and awareness of current loan programs, services, operations, and marketing policies.
• Monitor the financial health of affordable housing projects and provide recommendations for improvements or interventions when necessary.
• Attend and participate in the required training activities as appropriate.
• Participate in and / or lead community outreach efforts that are not limited to education and promotion of the bank in the communities that we serve.
• Assist and participate in community and business development activities.
• Ensure compliance with all state, federal, and internal policies, procedures, and Regulations.

Qualifications & Requirements :

• Bachelor’s Degree in Finance or a related field, or equivalent relevant work experience
• Valid Driver’s License.
• Minimum of 3-5 years of experience in residential lending, with a focus on affordable housing.
• Strong knowledge of affordable housing financing programs, including FHA, OHFA, Fannie Mae, and Freddie Mac guidelines.
• Excellent communication and negotiation skills.
• Detail-oriented with strong analytical and problem-solving abilities.
• Ability to work collaboratively in a team-oriented environment

Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.

EEO Notice

Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.

Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations.

If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and / or to receive other benefits and privileges of employment, please contact [email protected] .

Vaco also wants all applicants to know their rights that workplace discrimination is illegal .

By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity.

You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications.

You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application.

In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.

Privacy Notice

Vaco LLC and its parents, affiliates, and subsidiaries ( we, our, or Vaco ) respects your privacy and are committed to providing transparent notice of our policies.

• California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here .
• Virginia residents may access our state specific policies here .
• Residents of all other states may access our policies here .
• Canadian residents may access our policies in English here and in French here .
• Residents of countries governed by GDPR may access our policies here .

Pay Transparency Notice

Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to :

• the individual’s skill sets, experience and training;
• licensure and certification requirements;
• office location and other geographic considerations;
• other business and organizational needs.

With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure.

The individual may also be eligible for discretionary bonuses.