Senior Loan Servicing Analyst (222 views)

Sacramento, CA
April 15, 2020 2020-06-14
Job Description

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

Homeownership Program

  • 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.