Homeownership & Foreclosure Prevention Loan Specialist

Website MHANY Management Inc.

not for profit housing and community development organization

MHANY Management, Inc. (“MHANY”), a mutual housing association, is a not-for-profit community and housing development organization that owns and manages over 2,000 affordable rental apartments throughout New York City and in Patterson, New Jersey. MHANY also provides free-of-charge counseling for first time home buyers and foreclosure prevention. The successful candidate must believe in the core MHANY values and be driven by its mission to provide quality affordable housing to low- and moderate-income individuals and families. POSITION: HOME OWNERSHIP & FORECLOSURE PREVENTION LOAN SPECIALIST JOB CATEGORY: Non Exempt REPORTS TO: Home Ownership & Counseling Program Director MHANY’S counseling team manages our First Time Homebuyer, Delinquency, and Foreclosure Prevention Education and Counseling Program. The work involves preparing people for home ownership and helping them keep and stay in their homes. The successful candidate must believe in the MHANY core values. JOB RESPONSIBILITIES: • Home Ownership Counseling & Assessment: o Provide applicants with an overview of the home buying & foreclosure prevention process and timeline respectively; the homeowner’s rights and responsibilities; and potential foreclosure scams o Review applicant’s financial records for high cost credit cards, predatory loans, unnecessary expenses, and discretionary expenses o Create a financial action plan for each applicant that accurately and clearly outlines the steps they need to take to qualify for a loan, a work out plan, loan modification, or other outcome o Communicate with lenders on behalf of applicants • Report: o Prepare reports to city agencies, organizations and other partners as required o Submit time sheets, lender referrals forms, and any other required forms to the regional supervisor on a timely basis, including reports as required by funding sources • Market: Conduct community outreach and marketing for foreclosure prevention and homeowner counseling; including conducting group intakes, presenting home buying seminars, predatory lending, budget and credit workshops; and providing accurate and clear information to the intended audience • Promote and participate in the Affordable Housing Corporation (AHC) outreach events, including bank fairs, real estate agent events, and homebuyer shows; and reach out to and regularly contact real estate agents and encourage them to refer potential buyers to the program • Intake: Register applicants seeking home-ownership related services; explain the basic elements of the purchasing, refinancing or loss mitigation processes and other programs available • Collate Documents: assist applicants with assembling financial documentation required for households participating in housing counseling program. Create and maintain an up-to-date applicant file for each household with required documentation and forms in the proper order; and monitor the applicant’s progress • Work with Salesforce/Compass CMS or other data reporting system used by MHANY to maintain its applicant records for home counseling reporting

HUD Certification preferred

To apply for this job email your details to ispeliotis@mutualhousingny.org

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