Lending Associate
The Massachusetts Housing Partnership, Oklahoma City, Oklahoma, United States
Overview
About Us: Massachusetts Housing Partnership (MHP) is a public, non-profit organization that expands access to affordable housing and promotes housing equity in communities across the Commonwealth. Founded in 1985, MHP is a 70+ employee organization that has delivered $6.5 billion in below-market financing for affordable housing and currently has $1.2 billion in assets under management. Every action MHP takes, whether it’s a loan, grant, professional assistance, or development of state or local policy, has the underlying goal of expanding housing opportunities for Massachusetts residents. Current Opportunity:
The Lending Associate plays a key role in advancing MHP’s mission by providing direct support to MHP’s multifamily rental financing team, including its loan officers. This is a collaborative and dynamic role working with the existing loan underwriting, processing, and analytical staff. The Lending Associate will support loan officers in the loan underwriting and closing process, assist in Lending team operations, and provide analytical and reporting support. This role is a great opportunity to gain early-career experience with multifamily affordable housing finance, including underwriting, for individuals interested in pursuing further work in the field. With work that ranges from coordinating underwriting tasks to supporting funding operations and tackling quick research or data needs, every day brings something different including responsibilities such as:
Responsibilities
Underwriting support: The Lending Associate will support loan officer(s) in the loan underwriting and closing process for individual transactions, including coordination of loan applications, engagement of third-party reports, market analysis research, appraisal review, assisting in the preparation of credit analyses, and maintenance of project-related data.
Funding operations: Assist in the management of the loan funding process with MHP’s funding banks, FHA, and Fannie Mae, including pipeline tracking, deadline compliance, communications with funding partners, and other operational responsibilities as needed.
Analytical and reporting support: Provide analysis and reporting on MHP’s lending activities and impact; collaborate with others to generate regular content for MHP’s website, social media, and email newsletters; assist in the maintenance of MHP’s underwriting tools and cloud-based CRM platform; and provide administrative and technical support to the Director of Capital and Program Development (DCPD) and other members of the Lending team (under the supervision of the DCPD) as needed.
Special initiatives and emerging needs: This may include internal tasks to provide team or cross-team support, special time-limited projects, or ongoing cross-team assignments.
Knowledge, Experience and Skills The successful candidate will bring a commitment to affordable housing, strong analytical and communication skills, and the ability to collaborate across teams. These qualifications reflect the strengths that will allow the next Lending Associate to excel in advancing MHP’s financing efforts.
1-2 years of work experience in real estate finance or a related field or other work or educational experience deemed comparable
Excellent organizational and communications skills, both oral and written. Detail-oriented and proficient at multi-tasking.
Strong analytical skills with proficiency in Microsoft Excel
Comfort working with data systems or CRM platforms
Ability to manage deadlines in a fast-paced, detail-driven environment
A demonstrated ability to work in a team-oriented environment and independently
A working knowledge of affordable housing programs (preferred)
Bachelor’s degree in real estate, business or related field, or an equivalent combination of skills, experience, and knowledge
Compensation The budgeted compensation for this role is $60,000 to $64,000. Any final offer will be based on various factors including job-related knowledge, skills, competencies, and experience. The listed range is just one component of MHP's total compensation package for employees.
Benefits MHP understands that benefits are an important consideration when looking for a new role. We are proud to offer our employees a comprehensive benefits package including:
Hybrid and flexible work schedule
Health insurance through the state’s Group Insurance Commission
403b retirement plans with employer match of up to 10% and immediate vesting
Annual 5-week paid time off (PTO) benefit and 13 paid holidays
Fully paid group term life, short-term and long-term disability insurance
Dental insurance through MetLife with 90% of premium covered by MHP
Vision insurance through VSP with 50% of premium covered by MHP
Medical and dependent care Flexible Spending Accounts
Public transportation reimbursement
Tuition reimbursement up to $10,000
Professional development resources and assistance
First time homebuyer assistance up to $20,000
Generous home office benefit
Membership discount for onsite gym
Hybrid Schedule Policy The Lending Associate role is designated as Hybrid which includes both in-office and remote workdays. Positions designated as Hybrid are required to work out of the Boston office two days per week during the first 90 days of employment and may have the opportunity to reduce regular in-office days thereafter upon management approval. At least one office day must be on the designated team day. MHP’s office is conveniently located minutes from South Station. The position will utilize an MHP laptop which must be transported to and from the MHP office.
Work Eligibility Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment visa at this time.
Travel Travel is not required for this role.
To apply, please submit your cover letter and resume via our brief online application found here.
#J-18808-Ljbffr
About Us: Massachusetts Housing Partnership (MHP) is a public, non-profit organization that expands access to affordable housing and promotes housing equity in communities across the Commonwealth. Founded in 1985, MHP is a 70+ employee organization that has delivered $6.5 billion in below-market financing for affordable housing and currently has $1.2 billion in assets under management. Every action MHP takes, whether it’s a loan, grant, professional assistance, or development of state or local policy, has the underlying goal of expanding housing opportunities for Massachusetts residents. Current Opportunity:
The Lending Associate plays a key role in advancing MHP’s mission by providing direct support to MHP’s multifamily rental financing team, including its loan officers. This is a collaborative and dynamic role working with the existing loan underwriting, processing, and analytical staff. The Lending Associate will support loan officers in the loan underwriting and closing process, assist in Lending team operations, and provide analytical and reporting support. This role is a great opportunity to gain early-career experience with multifamily affordable housing finance, including underwriting, for individuals interested in pursuing further work in the field. With work that ranges from coordinating underwriting tasks to supporting funding operations and tackling quick research or data needs, every day brings something different including responsibilities such as:
Responsibilities
Underwriting support: The Lending Associate will support loan officer(s) in the loan underwriting and closing process for individual transactions, including coordination of loan applications, engagement of third-party reports, market analysis research, appraisal review, assisting in the preparation of credit analyses, and maintenance of project-related data.
Funding operations: Assist in the management of the loan funding process with MHP’s funding banks, FHA, and Fannie Mae, including pipeline tracking, deadline compliance, communications with funding partners, and other operational responsibilities as needed.
Analytical and reporting support: Provide analysis and reporting on MHP’s lending activities and impact; collaborate with others to generate regular content for MHP’s website, social media, and email newsletters; assist in the maintenance of MHP’s underwriting tools and cloud-based CRM platform; and provide administrative and technical support to the Director of Capital and Program Development (DCPD) and other members of the Lending team (under the supervision of the DCPD) as needed.
Special initiatives and emerging needs: This may include internal tasks to provide team or cross-team support, special time-limited projects, or ongoing cross-team assignments.
Knowledge, Experience and Skills The successful candidate will bring a commitment to affordable housing, strong analytical and communication skills, and the ability to collaborate across teams. These qualifications reflect the strengths that will allow the next Lending Associate to excel in advancing MHP’s financing efforts.
1-2 years of work experience in real estate finance or a related field or other work or educational experience deemed comparable
Excellent organizational and communications skills, both oral and written. Detail-oriented and proficient at multi-tasking.
Strong analytical skills with proficiency in Microsoft Excel
Comfort working with data systems or CRM platforms
Ability to manage deadlines in a fast-paced, detail-driven environment
A demonstrated ability to work in a team-oriented environment and independently
A working knowledge of affordable housing programs (preferred)
Bachelor’s degree in real estate, business or related field, or an equivalent combination of skills, experience, and knowledge
Compensation The budgeted compensation for this role is $60,000 to $64,000. Any final offer will be based on various factors including job-related knowledge, skills, competencies, and experience. The listed range is just one component of MHP's total compensation package for employees.
Benefits MHP understands that benefits are an important consideration when looking for a new role. We are proud to offer our employees a comprehensive benefits package including:
Hybrid and flexible work schedule
Health insurance through the state’s Group Insurance Commission
403b retirement plans with employer match of up to 10% and immediate vesting
Annual 5-week paid time off (PTO) benefit and 13 paid holidays
Fully paid group term life, short-term and long-term disability insurance
Dental insurance through MetLife with 90% of premium covered by MHP
Vision insurance through VSP with 50% of premium covered by MHP
Medical and dependent care Flexible Spending Accounts
Public transportation reimbursement
Tuition reimbursement up to $10,000
Professional development resources and assistance
First time homebuyer assistance up to $20,000
Generous home office benefit
Membership discount for onsite gym
Hybrid Schedule Policy The Lending Associate role is designated as Hybrid which includes both in-office and remote workdays. Positions designated as Hybrid are required to work out of the Boston office two days per week during the first 90 days of employment and may have the opportunity to reduce regular in-office days thereafter upon management approval. At least one office day must be on the designated team day. MHP’s office is conveniently located minutes from South Station. The position will utilize an MHP laptop which must be transported to and from the MHP office.
Work Eligibility Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment visa at this time.
Travel Travel is not required for this role.
To apply, please submit your cover letter and resume via our brief online application found here.
#J-18808-Ljbffr