Rehabilitation Loan Officer

Position: Housing and Rehabilitation Loan Officer
City Hall

Full time

JR6263

*
* Position Title:

*
* Housing and Rehabilitation Loan Officer

*
* Job Description:

*
* We are looking for a Housing and Rehabilitation Loan Specialist to support our Housing Stability team.

** About the Position:*
* In this position, you'll play an important role in helping individuals and families access housing assistance through the Division's housing rehabilitation and homebuyer loan and grant programs. You'll work directly with applicants to understand their financial circumstances, determine eligibility, and help develop appropriate financing packages.

You'll interview applicants, collect and verify income and expense information, prepare loan and grant applications for review by the Housing Program Funds Loan Committee, and respond to applicant questions by phone and email. You'll also create and maintain project files, prepare reports, and assist with closing approved loans and grants.

This position works closely with the Loan Administrator, Financial Analyst, and Rehabilitation Team and provides an opportunity to apply your financial knowledge to a variety of housing programs. You'll help interpret and apply division financial policies, government legislation, accounting principles, and applicable customer financial regulations to support sound and consistent program decisions.

** What You'll Bring:*
* The ideal candidate will have knowledge and experience in finance, loan processing, and loan underwriting, including a basic understanding of FNMA/FHLMC lending and documentation requirements. You should be comfortable working with Federal, State, and local rules and regulations and applying financial information to make informed decisions.

Strong analytical and communication skills are important in this role. You'll need the ability to review and summarize complex financial information and develop clear recommendations related to policies, procedures, internal controls, and program actions.

** Position Salary Range:*
* E26 - $60,941/yr. to $83,111/yr.

The established market rate for this position is $83,111/yr.

Use our  
** total compensation calculator
** to see your earning potential in this role!

** Relevant Experience Counts Toward Your Leave!*
* Salt Lake City values the professional experience you bring. Eligible new hires in full-time, benefit-eligible non-represented positions may receive leave accrual credit for prior full-time, benefit-eligible work that is directly related to this role or earned within a comparable public career service system. If selected, details about your credited leave time will be included in your offer.

** This position is eligible for full city benefits, including:*
* + Health Insurance

+ Dental, Vision and Life Insurance

+ Paid vacation and personal leave

+ Six to twelve weeks of paid parental leave from day 1 of employment

+ Retirement contributions toward a pension plan and/or 401(k)

+ A robust Employee Assistance Plan (EAP)

+ Up to $4,000 tuition reimbursement annually

+ Discounted supplemental benefits like pet insurance and legal services

Learn more about our benefits here:  https://(Use the "Apply for this Job" box below). .

** IMPORTANT:
** Early application submittal is encouraged.  
** This position will close on September 15, 2026 at 11:59 p.m. (MST).*
* *
* Key Responsibilities:

*
* + Interviews and consults with property owners and residents applying for the direct delivery loan and/or grant programs. Determines types of loan eligibility based upon needs, income, and expenses. Meets with property owners to review document requirements and to obtain needed documents. Communicates clearly about the program, process, and loan products.

+ Responsible for the underwriting of loan applications to assess different loan applicants' eligibility for the program. This includes, but is not limited to, an assessment of applicants' income, employment status, experience, business plan, credit standing, collateral, previous financial statements, and financial projections. Must work closely with applicants to discern valuable information needed for underwriting, including documentation and extenuating circumstances. Must have frequent communication with applicants during the eligibility and underwriting process.

+ Conducts background research to verify accuracy of information given by applicant. Orders credit reports, title reports, employment verification, and other information necessary to properly document claims and evaluate applications. Ensures that underwriting procedures are followed according to program policy and in accordance with best financial practices.

+ Demonstrates a sound understanding of, and ability to follow, established procedures, departmental guidelines, and precedents in performing various financial functions. Following general instructions and with discretion as to work details, performs specialized financial, accounting, investigations, coordination, and analysis requiring competence and specialized knowledge of various financial functions such as budgeting…