Small Business Loan Officer

Overview

The organization is seeking a full-time Small Business Loan Officer to support its mission by evaluating new lending opportunities, conducting financial analysis, preparing credit presentations, and building strong relationships with borrowers.

This role has a special focus on financing for Adult Family Home businesses (AFHs) to increase access to safe, community-based housing for people with disabilities and aging adults.

This position also provides 1:1 technical assistance and group training to loan applicants and entrepreneurs to ensure loan readiness.

Responsibilities

Outreach and Community Building (15%)

• Develop and maintain relationships with prospective borrowers, existing clients, referral partners, community organizations, and other stakeholders.
• Respond to loan inquiries and conduct pre-screening meetings with prospective borrowers.
• Represent the organization at conferences, community meetings, industry events, and networking opportunities.

Credit Analysis and Underwriting (45%)

• Analyze financial statements, tax returns, cash flow projections, operating budgets, collateral information, and other underwriting materials.
• Assess borrower repayment capacity, project feasibility, and overall credit risk.
• Recommend loan terms and conditions that meet borrower needs while aligning with organizational risk standards and mission objectives.
• Prepare credit memos, financial analysis, and loan recommendations for internal review and approval.
• Present loan opportunities and transaction structures to the Loan Review Committee.

Small Business Support and Capacity Building (20%)

• Guide applicants through the loan application process, including documentation requirements, eligibility guidelines, and lending process.
• Provide technical assistance and small business coaching to enhance loan readiness.
• Support applicants in developing business and feasibility plans and financial projections.
• Help applicants understand business planning, licensing, and operational requirements for AFHs and other small housing enterprises.
• Support borrowers to prepare for construction and provide ongoing resource recommendations to help launch successful projects.
• Identify barriers to accessibility or compliance and recommend solutions to streamline lending processes.

Policy, Compliance & Risk Management for Adult Family Home Business Lending (10%)

• Build a compliance framework aligned with local, state, and federal housing regulations.
• Ensure underwriting standards and documentation meet both organizational and CDFI requirements.
• Coordinate with external partners (e.g., local governments, permitting agencies, and contractors) to ensure program feasibility.
• Conduct regulatory and permitting research across Washington, Oregon, and Idaho and partner jurisdictions to inform program design.
• Develop an organizational knowledge base about construction practices and costs to inform lending procedures.

Lending Support and Organizational Support (10%)

• Support packaging and underwriting home modification loans.
• Support the success of lending across product lines.
• Provide collaborative cross-departmental support to lending, financial coaching, outreach, and administrative teams.
• When capacity demands, collaborate with the lending team to package, underwrite, and monitor home modification and other consumer loans.

Requirements

• In-depth, ongoing research into regulatory, zoning, and permitting requirements to ensure program compliance and feasibility across jurisdictions.
• Ability to provide 1:1 technical assistance and group training to loan applicants and entrepreneurs.
• Ability to make recommendations to the Leadership Team about loan policies and prepare periodic updates about lending to AFH and related businesses for the Board of Directors and funders.
• Ability to work remotely with occasional in-person meetings and outreach as public health allows.

Preferred Qualifications

• Experience working within a CDFI, nonprofit lender, or housing organization.
• Understanding of Adult Family Home (AFH) operations.
• Understanding of construction practices.
• Experience working 1:1 with entrepreneurs to develop and refine business plans.
• Experience underwriting small business and microenterprise loans.
• Multilingual ability and/or experience working in culturally and linguistically diverse communities.

Physical Requirements and Work Environment

• Remote work from home, with in-person meetings and outreach activities as public health allows.
• Valid driver’s license preferred; reliable transportation required.
• Primarily works in standard office conditions and climate.
• Primarily works at a desk and computer, likely for extended periods of time.
• May be required to work occasional evenings to accommodate clients’ schedules.
• Occasional travel may be required.

Location

Candidates should be located in Washington, Oregon, or Idaho.

Compensation & Benefits

• Grade 4 salary range:
  • Minimum: $75,000
  • Mid-point: $85,000
  • Maximum: $95,000
• Based on experience, candidates can expect an offer between the minimum and mid-point of the grade.
• To maintain internal equity and allow room to grow within the grade, offers will not be higher than the mid-point of the salary grade.
• Employer-paid health, dental, and vision benefits for the employee; 50% coverage for dependents.
• Flexible Savings Accounts.
• Enrollment in SIMPLE IRA (matches up to 3% of salary).
• Paid time off: 18 vacation days, 15 sick days, 10 holidays.
• Office closure: December 24 - January 1.

Target Start Date

Target start date is November 2026, with flexibility available.

Application

Applications will be reviewed and assessed as received until the position is filled. Priority will be given to applications received by October 28, 2026.