Housing Loan Coordinator presso City of Waco, TX

About the Department

Minimum Starting Salary: $48,938.47 per year 

This is a grant funded position. 

The City of Waco Seeks: 

The City of Waco is seeking a detail-oriented and client-focused Housing Loan Coordinator to join our team. This individual must be committed to helping individuals and families with their housing needs.

Minimum Qualifications: 

Required:

• Associate’s Degree in Accounting, Business, Public Administration, or a related field and 3 years’ experience with U.S. Department of Housing & Urban Development grants such as CDBG/HOME, other federal grants, and/or Homebuyer and/or home rehabilitation loan program(s) required or an equivalent combination of education and experience.  
• Valid Texas Driver’s License required.

Position Description:  

Supervises origination, processing, closing, and compliance post-closing of Department of Housing and Urban Development (HUD) grant program loans for the Housing & Community Development (HCD) Department.

Essential Functions:

• Coordinates the day-to-day operation of the rehabilitation, lead abatement and down payment assistance programs.
• Reviews all files for eligibility, accuracy, and completeness, and ensures that all issues have been rectified prior to processing applications for assistance.
• Ensures application for assistance are complete and accurate.
• Determines client’s eligibility (income, availability of funds, etc.).
• Computes the amount of assistance available to client.
• Prepares all documents required to issue commitment and schedules appointment for execution of documents, taking into consideration contractor workload, availability of funds, etc.
• Explains conditions of assistance and program to applicants at commitment.
• Prepares contractor partial payment requests and maintains an accurate ledger sheet on each file listing all disbursements.
• Prepares legal documents for closing and ensures that all documents and follow up is complete before releasing funds for closing.
• Responsible for maintaining related logs and records and preparing necessary reports.
• Orders site specific environmental assessments and lead based paint testing, when necessary.
• Provides prospective applicants with technical guidance to become a first-time home buyer.
• Maintains required logs and records.
• Provides excellent customer service to homeowners applying for housing programs.
• Provides customer service and training on HUD programs and HCD procedures.
• Provides underwriting for the loan portfolio.
• Responsible for the accuracy of all financial information in loan software.
• May be required to respond after-hours, including holidays and weekends, in the event of a departmental or City-wide emergency.
• Performs other related duties as assigned.
• Complies with all policies and standards.
• Supports the relationship between the City of Waco and the general public by demonstrating courteous and cooperative behavior when interacting with residents, visitors, and City staff, maintains confidentiality of work-related issues and City information.
• Lives the City of Waco Values: equity & inclusion, excellence & innovation, integrity, people, and teamwork.