Our client is the national community development lending division of one of the nation's largest bank-based financial services companies, offering a fully integrated platform providing debt and equity solutions for low-income housing projects, especially Low Income Housing Tax Credit financing.
As part of the strategic plan to grow the company's affordable housing debt production, SCI was engaged to recruit an experienced mortgage banking executive to market and coordinate the delivery of various banking products and services to clients and prospects. Permanent loan executions offered include Fannie Mae, Freddie Mac, FHA/HUD and bond financing.
SCI successfully recruited a lending officer who had a lead or senior role in 15-25 affordable multifamily housing transactions representing $200-500 million per year utilizing a wide variety of loan and bond structures.
SCI also completed the following assignments on behalf of this client:
- SVP - Affordable Lending
- SVP - Community Lending
- VP of Fund Management - LIHTC Syndication
- VP - Relationship Manager
- Senior Mortgage Banker - Affordable
- Senior Mortgage Banker - FHA
- Senior Mortgage Banker - Multifamily (2)