Homeownership Program Administrator
Missouri Housing Development Commission - Kansas City, Missouri, United States, 64101
Work at Missouri Housing Development Commission
Overview
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Overview
ROLES AND RESPONSIBILITIES
Summary
MHDC is seeking a full-time Housing Program Administrator to assist with coordinating and overseeing MHDC's homebuyer programs. MHDC's homebuyer programs give prospective Missouri homebuyers the edge in a competitive market by offering lower interest rates and down payment assistance. This role will provide underwriting, compliance, and administrative support to the Homeownership Department (single-family mortgage lending) by handling information requests and performing clerical functions such as preparing correspondence, reviewing loan documentation, and coordinating new lender onboarding. The Housing Program Administrator will work with certified lenders to process loan reservations and loan files, review eligibility, assist with lender and borrower questions, and help to streamline process flows. The ideal candidate will have a good eye for detail and efficiency and can balance multiple tasks confidently.
Experience working with mortgage loans (esp. MHDC Down Payment Assistance programs), loan underwriting, real estate sales, or title companies is a plus.
Essential Duties Support and participate in the administration and compliance needs of the Homeownership Department, including preparing, processing, and storing documentation. Review, approve, or reject loan files according to regulations associated with the First Place Loan Program, Next Step Loan Program, and Mortgage Credit Certificate (MCC) Program. Support the MHDC "lock-desk" position to ensure lender loan reservations are successful Maintain knowledge of Mortgage Revenue Bond (MRB), to be announced (TBA), and MCC rules and regulations. Produce reports to the IRS and lenders as needed or required. Respond to inquiries regarding the Homeownership Department, including but not limited inquiries received from potential homeowners, realtors, lenders, and bond counsel. Reconcile extension fees for the First Place loan Program, MCC, and Next Step loan Program with business partners. Review new lender applications to ensure they meet program requirements and assist new lenders with onboarding. Assist lenders with explanations on general program information, as well as any prior approval scenarios as needed. Calculate fees when applicable and assist with reservation extensions. Balance down payment assistance (DPA) Reimbursement accounts with the master servicer and process wire/ACH requests. Assist with weekly reconciliation with Next Step loans pipeline. Assist in all lender training and lender certification webinars or in-person meetings. Assist lenders in post-training grading and certification process. Competently utilize the Homeownership Department software systems. Travel as directed, including long distance travel and overnight and extended stays, if necessary. Professionally conduct self and project a positive image of the agency at all time through communications, attitude and appearance. Perform other related duties as assigned.
Requirements
In-office - Downtown Kansas City, Missouri