Loan Officer

Massachusetts Housing Partnership (MHP) is seeking a Loan Officer to help finance affordable and mixed‑income commercial multifamily housing across the Commonwealth. In this role, you will play a direct role in bringing high quality housing projects to life through underwriting, structuring, and closing complex permanent loans that support new construction, substantial rehabilitation, and refinancing. You will work with a wide range of financing tools, including private bank loans, Fannie Mae affordable housing products, FHA Risk Share, and HUD MAP financings. Our borrowers include nonprofit and for‑profit developers of all sizes, and our portfolio spans family housing, senior housing, single‑room occupancy properties, and housing serving special‑needs populations. This role owns a pipeline of transactions and works closely with internal partners and senior leadership to move deals forward efficiently and collaboratively. Depending on the portfolio, the Loan Officer may also underwrite working capital lines of credit. Beyond closing loans, this position contributes to MHP’s broader impact through strong borrower relationships, thoughtful input into lending policies and programs, and engagement with industry partners. It’s an ideal opportunity for someone who enjoys complex transactions, teamwork, and mission‑driven work with tangible community impact. At MHP, staff engagement, inclusion and belonging are integral to everything we do. We value individuals who are intentional about fostering inclusive environments and who recognize the power of diverse perspectives. The person in the Loan Officer position is expected to embody these values not only in their work but in how they build relationships, make decisions, and contribute to a supportive team culture. Essential Functions and Responsibilities This role offers variety, challenge, and the opportunity to see your work make a real impact. From underwriting and credit analysis to closing complex transactions and collaborating with internal and external partners, each day brings a mix of responsibilities that keep the work engaging and purposeful. Underwrite, structure, and close complex multifamily affordable housing loans using sound credit judgment and policy interpretation. Prepare clear credit analyses and present recommendations to senior leadership and governance committees. Manage loan closings in collaboration with legal counsel and internal teams to ensure timely execution. Partner with business development colleagues to evaluate opportunities, support borrower relationships, and prepare term sheets. Support and mentor Lending Associates through coaching on loan processing, tracking, and due diligence. Oversee due diligence and third‑party reports and incorporate findings into underwriting decisions. Manage multiple transactions at once, identifying risks, resolving issues, and moving deals toward approval and closing. Contribute to the ongoing improvement of lending programs, policies, and professional best practices. Compensation The budgeted compensation for this role is between $115,000 and $125,000. 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 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 The Loan Officer position 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. This position requires use of MHP’s hybrid workplace scheduling software to reserve office desk space each week. At least one office day must be on the designated team day. Knowledge, Experience and Skills Minimum of five (5) years of progressively responsible experience in multifamily and/or affordable housing lending, including underwriting and structuring complex transactions. Demonstrated ability to perform advanced credit analysis, apply professional judgment, and integrate policy, market, and risk considerations into sound lending recommendations. Strong proficiency with financial modeling tools and lending‑related systems; ability to analyze, interpret, and communicate complex financial information effectively. Working knowledge of affordable housing finance programs and public‑sector or mission‑driven lending environments, with the ability to interpret program requirements in non‑routine situations. Experience with Fannie Mae MAH platform a plus. Bachelor’s degree, or an equivalent combination of knowledge, skills and experience required for the role. Work Authorization Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time. Travel Travel may occasionally be required within Massachusetts. Valid Driver’s license or ability to acquire one and/or reliable means of transportation required. MHP supports equal opportunity employment and all employment‑related decisions are made in compliance with federal and state laws. #J-18808-Ljbffr The Massachusetts Housing Partnership