For a full job description and to apply for this position, please go to the Sacramento Housing & Redevelopment Agency (SHRA) website.
To provide a full range or portfolio management services and loan servicing for single and multifamily loans
Portfolio Management – Single and Multifamily Loan Servicing
- Annual cash flow review
- Supplement annual administrative fee invoice calculation
- Supplement annual administrative fee waiver
- Perform loan forgiveness reviews
- Review mature loans
- Analyze payment deferral request and make recommendations
- Review subordination requests and make recommendations
- Review assignment and assumption requests and make recommendations
- Analyze regulatory agreements/asset management issues and make recommendations
- Analyze loan work outs to address maturity dates and changes in loan terms
- Review loan administration fees (bond & gap financing) and follow up with borrower on delinquencies
- Prepare audit confirmations
- Prepare estoppel certificates
- Review single family and multifamily new loan set ups
- Prepare Requests for Qualifications
- Analyze AmeriNational monthly reconciliation reports and monthly trend reports
- Coordinate the sale of inclusionary homes both new and resale
- Review eligibility and approve homebuyer certifications for SHRA single family programs
- Administer Homebuyer Education Contracts
- Prepare and submit CalHome and BEGIN reports
- Prepare and submit mortgage credit certification reports
- Prepare and analyze CAPER data, action plans and budget documents
- Administer MCC & CalHome
- Review eligibility for mortgage credit certificate program and process file close outs
- Confirm eligibility for Citrus Heights FTHB program
- Coordinate monthly lender renewals and new lender approvals
Experience: Three years experience in housing or real estate economics, such as real estate transactions , mortgage finance or construction finance transactions; housing construction, development or rehabilitation; property management; or residential planning.
In a public or private housing, economic or community development related organization, with finance, loan officer or economic development experience in a capacity such as mortgage banker, mortgage loan officer, or economic development packager.
Loan packaging experience with a governmental housing, economic and/or business finance or a related field.
Education: Bachelor’s degree preferred with a degree in planning, economics, business, government, finance or related field.
Knowledge of: Housing or real estate economics, such as real estate transactions, mortgage finance or construction finance transactions; housing construction, development or rehabilitation; property management; or residential planning. A variety of housing finance programs and mechanisms, including Section 8, FHA and VA financing; single family and/or multifamily residential lending requirements; factors which affect cost, value, and marketability or property.