A National Community Development Financial Institution (CDFI)Flexible Loan Capital Customized to Create Affordable Housing

 Job Title:  Credit Underwriter  
 Reports to:  Chief Credit Officer
 Location:  Atlanta, GA (remote employment considered)
 Salary:  Competitive Salary and Benefit Package

Community Housing Capital (CHC) is a twenty-one year old US Treasury certified Community Development Financial Institution (CDFI) based in Atlanta, GA (www.communityhousingcapital.org). Our mission is to provide equitable access to capital that is transformative to the 250 nonprofit and high performing affordable housing developers of NeighborWorks organizations and their communities across the country. NeighborWorks organizations (NWOs) directly facilitate CHC’s ability to deploy capital to LMI communities, and NWO projects are reliant upon the flexible, patient capital that CHC provides to them and their projects. These award-winning organizations serve their local communities with high-quality, affordable homes, and array of impactful community services. Please submit your resume using the link below.


 Job Summary

This position supports the credit function of CHC's lending activities by providing independent underwriting and analysis, portfolio management, loan reviews, and suggestions for appropriate loan structure. Accountabilities include timely and thorough analysis; well-written credit memos; positive relationships with Loan Officers and Borrowers; and overall strength of the loan portfolio.

Job Specific Experiences and Qualifications

  • Proficient at financial statement analysis, financial modeling, and structuring complex real estate loans; aptitude for numbers
  • Ability to work within a team context; proficient in building relationships with people in diverse roles
  • Ability to meet schedules, deadlines, goals, and targets in a timely manner; handle multiple responsibilities simultaneously 
  • Produce high-quality work with strong attention to detail
  • In-depth understanding and experience with various real estate loan products; both Single Family and Multifamily. Knowledge and experience with various affordable housing subsidy programs, especially the low-income housing tax credits program, and various HUD programs.
  • Excellent Knowledge of Microsoft Word and Excel

Affordable Housing Industry Knowledge – The successful candidate will have a solid knowledge of the affordable housing industry, his/her department and position duties and responsibilities and fully understands the required responsibilities and skills needed to be successful in this role. The successful candidate will have a solid knowledge of policies, processes, practices, and tools required to complete the work efficiently and effectively and be able to break job tasks down into manageable segments.

Delivers Results – The successful candidate understands how to use resources to achieve multiple objectives and reach closure on projects and deliverables.

Teamwork and Collaboration – Actively participates as a team member to move the team forward. Maintains strong, personal connections with team members and stakeholders. Is seen as a team player and is cooperative. Easily gains trust and support of peers and can solve problems with peers with a minimum of noise. Aligns personal work and performance with the broader team to achieve mutual outcomes. Communicates effectively and appropriately as a team member.

Communication – Exhibits effective listening skills and checks for understanding. Demonstrates strong verbal and written communication and actively listens to others’ ideas and suggestions. Effective in a variety of presentation settings: one-on-one, small and large groups, up and down the organization and with customers. Informs others of what is needed in a clear, concise, non-threatening manner. Consistently shares appropriate information with those who need to know.

Customer Focus – Acts with customers in mind. Establishes and maintains effective relationships with customers to gain their trust and respect. Uses customer information appropriately for improvements in products/services/processes. Is dedicated to meeting the expectations and requirements of customers – stays up-to-date about the marketplace. Within the parameters of the position, adds value to customers.

Integrity and Trust – Able to present the truth in an appropriate and helpful manner. Treats others equitably. Doesn’t misrepresent him/herself for personal gain. Understands the culture of the organization. Keeps biases and stereotypes out of the workplace. Listens and observes before passing judgment. Acts in line with the mission, values, and guidelines of the company.

Duties and Responsibilities


  • Maintain a working knowledge of CHC policies, procedures, and philosophies.
  • Develop and maintain effective working relationships with borrowers and potential customers, CHC staff and other stakeholders.

Loan Underwriting and Analysis

Primary responsibility for organization and project analysis and in support of loan origination. This includes the preparation of credit memos in collaboration with Loan Officers to provide:

  • an analysis of the financial condition and other strengths/weaknesses of sponsors/developers;
  • assessment of the viability of loan requests including sources of repayment, development budgets/proformas, collateral and proposed loan structure, and ability to fully analyze the identified take-out strategies. Credit Underwriter will make recommendations as needed;
  • an analysis and evaluation of risks and mitigating factors and recommend action on loan requests under established risk rating and credit policy guidelines; and
  • timely, well-written, accurate and organized loan presentations.

Portfolio Management

  • Monitoring compliance and loan covenants, reviewing borrower reports, and conducting site visits if needed.
  • Review results of quarterly project reports and address issues raised therein.
  • Conduct annual loan reviews as per defined take-out strategy and analyze borrower financial statements.
  • In conjunction with Loan Officers, make recommendations to the Credit Quality Committee regarding adjustments to risk ratings and possible courses of action to mitigate risk.


  • 25% travel may be required.