We are looking for an experienced Loan Officer to join our team in Worcester, Massachusetts. In this role, you will originate, underwrite, and manage loans specifically tailored to support affordable housing projects. This is a long-term contract position that offers the opportunity to make a meaningful impact by providing essential financing solutions to developers, nonprofits, and community organizations.<br><br>Responsibilities:<br>• Assess and evaluate loan applications for bridge financing, construction loans, and developer projects.<br>• Conduct thorough financial analyses, risk evaluations, and collateral assessments to make informed lending decisions.<br>• Build strong relationships with clients, including developers, nonprofit organizations, and contractors, to structure financial solutions.<br>• Provide clients with expert guidance on loan products, compliance requirements, and financing options.<br>• Monitor the progress of construction projects and oversee disbursement schedules to ensure alignment with loan agreements.<br>• Identify potential risks in development projects and collaborate with the compliance team to mitigate them effectively.<br>• Ensure all loan agreements adhere to regulatory standards and organizational policies.<br>• Maintain accurate documentation of loan files and prepare detailed reports for internal and external stakeholders.<br>• Collaborate with cross-functional teams to support high-value transactions and ensure project success.

<p>• Bachelor’s degree in Finance, Business, Real Estate, or a related field.</p><p>• Minimum of 3 years of experience in loan origination, underwriting, or administration, preferably in affordable housing or community development.</p><p>• Expertise in construction financing, bridge loans, and developer project structures.</p><p>• Strong familiarity with compliance standards and risk management practices.</p><p>• Exceptional analytical skills with the ability to assess financial data and negotiate terms effectively.</p><p>• Excellent communication and interpersonal skills for building client relationships.</p><p>• Knowledge of Community Development Block Grant (CDBG) programs and mortgage loan origination processes.</p><p>• Licensed Loan Officer certification is highly preferred.</p>

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