Community Lending Officer - Fulton St.

Company: Bank of America
Location: New York
Posted on: May 14, 2025

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities, and shareholders every day.Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates' physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!Job Description:This role is responsible for managing end-to-end consumer mortgage referral requests primarily for Low to Moderate Income (LMI) clients in underserved markets. Key responsibilities include connecting with internal and external centers of influence (e.g., financial center partners, realtors) to originate mortgage transactions, identifying relationship deepening opportunities with clients, and facilitating the loan process from application to close. Responsibilities also include providing home buyer education via workshops and engaging with clients and partners virtually or in-person. This position requires SAFE Act registration, including background checks and ongoing compliance, with potential disciplinary actions for non-compliance.Responsibilities:

• Originates loans from multiple referral sources
• Understands local affordable housing markets and provides guidance to first-time and low-to-moderate income homebuyers
• Achieves production goals as set by the business
• Builds and maintains a network of business relationships for ongoing referrals
• Delivers exceptional customer service, maintaining thorough knowledge of lending programs and regulatory requirements
• Conducts monthly homebuyer workshops and business development meetingsRequired Qualifications:
  • At least 2 years of experience in loan originations or home buyer education
  • Knowledge of conventional, government, and affordable mortgage products and guidelines
  • Experience with processing, underwriting, and closing procedures, including federal regulations
  • Ability to organize and deliver home buyer workshops
  • Knowledge of community housing agencies and downpayment assistance programs
  • Strong communication skills, self-motivated, organized, and able to prioritize tasksDesired Qualifications:
    • Experience with first mortgages and HELOCs
    • Familiarity with FHA and HUD guidelines
    • Knowledge of local market dynamics and competition
    • Proficiency with Microsoft Office and client communication technologies
    • Excellent time management and communication skills
    • Ability to analyze financial data and provide suitable solutionsMinimum Education Requirement:High School Diploma or GED or equivalentCompensation:$26.97 - $31.27 hourly, based on experience, education, and skills. Eligible for formulaic incentives.Additional Information:This role is benefits-eligible, offering industry-leading benefits, paid time off, and resources to support your growth and community impact.
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Keywords: Bank of America, New Brunswick , Community Lending Officer - Fulton St., Other , New York, New Jersey