Request Action; RFA) Underwriter/Development Officer, Intermediate
Job in
Saint Paul, Ramsey County, Minnesota, 55145, USA
Listed on 2026-09-19
Listing for:
State of Minnesota
Full Time, Part Time
position Listed on 2026-09-19
Job specializations:
-
Finance & Banking
Job Description & How to Apply Below
*
* Working Title:
Request for Action (RFA) Underwriter*
* ** Job Class:
Housing Development Officer Intermediate*
* ** Agency:
Housing Finance Agency*
* +
** Job ** : 97063
+
** Location** :
St. Paul
+
** Telework Eligible** :
Yes
+
** Full/Part Time** :
Full-Time
+
** Regular/Temporary** :
Unlimited
+
** Who May Apply** :
Open to all qualified job seekers
+
** Date Posted** : 09/16/2026
+
** Closing Date** : 09/29/2026
+
** Division/Unit** :
Multi Ffamily-Preservation
+
** Days of Work** :
Monday - Friday
+
** Travel Required** :
No
+
** Salary Range:** $28.75 - $42.16 / hourly; $60,030 - $88,030 / annually
+
** Classified Status** :
Classified
+
** Bargaining Unit/Union** : 214
-MAPE
+
** FLSA Status** :
Nonexempt
+
** Re-Posting** :
Yes
+ Designated in Connect 700 Program for Applicants with Disabilities ((Use the "Apply for this Job" box below)./connect
700/) :
Yes
Eligibility to Bid:
MAPE:
You must be in the same job class as this posting, but within a different work unit and must be a permanent classified employee, and not on probation.
+ Telework () is available per the State of Minnesota policy.
+ Candidates residing in Minnesota within 50 miles of our St Paul office may be eligible to telework up to 50%.
+ Candidates residing in Minnesota and more than 50 miles from our office may be eligible to telework more than 50%.
+ Candidates residing in Wisconsin within 50 miles of our office may be eligible to telework up to 50%.
+ Candidates who do not reside in Minnesota or within 50 miles of the office in Wisconsin are not eligible to be hired, unless planning to relocate within 50 miles of the office.
** The work you'll do is more than just a job.*
* At the State of Minnesota, employees play a critical role in developing policies, providing essential services, and working to improve the well-being and quality of life for all Minnesotans. The State of Minnesota is committed to equity and inclusion, and invests in employees by providing benefits, support resources, and training and development opportunities.
Minnesota Housing is hiring! We're a mission-focused financial institution looking for a RFA Underwriter who will administer, evaluate and process multifamily loan servicing requests, including changes in ownership, changes in use, payoffs, assumptions, subordinations, and modifications to Agency loans on existing projects. The position exercises technical judgment to balance Agency mission, financial considerations and program compliance while serving as a primary contact for borrowers, attorneys, and internal teams.
This role contributes to the effective operation and continuous improvement of the Agency's preservation efforts by ensuring clear, timely and compliant servicing decisions.
** Essential
Job Duties *
* + Process and evaluate RFA submissions, including collecting, verifying and interpreting legal documents and due diligence.
+ Analyze and underwrite loan servicing requests, assessing financial data, compliance requirements, long-term property health and Agency mission alignment.
+ Coordinate cross-division review, collaborating with asset management, legal, compliance, and external funding partners to resolve loan servicing issues.
+ Prepare and present clear written memos for and deliver presentations to internal committees and Agency leadership.
+ Administer and monitor the maturing loans list, ensuring timely notices, follow-up, and borrower guidance.
+ Lead annual LURA extension outreach activities, including technical review of LURA documents and coordination with owners.
+ Support RFA program operations, including procedure updates, inter-team communication, and maintenance of legal file systems.
+ Perform other…
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