Loan Officer - Community Lending

Job: Loan Officer - Community Lending
Company: Land Bank Twin Cities
Location : St. Paul, MN

What's in it for you
Join a mission-driven lending team financing projects that create lasting community impact.

• Manage a pipeline of commercial real estate and community development loans
• Work on affordable housing and neighborhood revitalization projects
• Build relationships with mission-aligned developers, nonprofits, and partners
• Strengthen your skills in underwriting, credit analysis, and real estate finance
• Collaborate with an experienced, purpose-driven lending and finance team

About the Role
The Loan Officer leads borrower intake, analyzes commercial real estate and community development loans, and manages loan files through closing and servicing. This front-line role balances relationship-building with borrowers and thorough credit analysis.

Ideal candidates have commercial real estate finance or CDFI lending experience, work independently, and value accuracy and accountability.

Key Responsibilities

• Guide borrowers through intake, applications, and discovery calls
• Analyze borrower and project financials, including budgets and proformas
• Assess project feasibility and alignment with community lending products
• Prepare credit memos with loan recommendations
• Maintain loan files and track pipeline activity
• Support loan servicing, including draw requests and portfolio monitoring
• Partner with internal teams and external stakeholders to facilitate closings

What You Bring

• 4+ years commercial real estate experience
• 2+ years commercial or CDFI lending experience
• Experience analyzing real estate transactions and managing loan files
• Strong financial analysis skills and Excel proficiency
• Ability to manage multiple projects accurately and independently
• Clear communication skills and a collaborative approach
• Professionalism and discretion with sensitive financial information

Bonus Experience

• Affordable housing or community development lending
• CDFI or mission-driven lending experience
• Bachelor's degree in real estate, finance, business, or related field
• Familiarity with loan servicing software (e.g., DownHome)

Work Schedule & Compensation
Full-time, Monday-Friday, 9:00 AM-3:30 PM; first 90 days onsite in St. Paul with hybrid option thereafter. Salary: $75,000-$85,000.
Benefits
Comprehensive medical, dental, and vision insurance (including pediatric dental), FSA/HSA options, employer-provided life and AD&D insurance, 401(k) match, paid vacation, personal leave, and holidays.
About Land Bank of the Twin Cities
LBTC is a nonprofit intermediary advancing affordable housing and equitable development. LBTC partners with developers and organizations to support projects that strengthen communities and expand access to housing. Learn more at landbanktc.org.


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