Community Development Loan Officer - Careers at KeyBank
KeyBank
Community Development Loan Officer - Careers at KeyBank
Job Description
About KeyBank
KeyBank is a leading national bank committed to empowering communities through innovative financial solutions. With a focus on community development and inclusive banking, KeyBank supports homeownership dreams across the United States. Join our New Haven, CT team and contribute to meaningful community impact while advancing your career in mortgage lending.
Position Summary
The Community Development Loan Officer (CDLO) at KeyBank in New Haven, CT plays a pivotal role in originating residential mortgage loans tailored to client needs. This position offers a competitive hourly rate of $20.67 - $31.25 (approximately $42,993 - $65,000 annually based on 2080 hours), plus incentive compensation including commissions. Success is driven by meeting sales goals, building referral networks, and delivering exceptional client satisfaction in a branch-based environment.
Key Responsibilities
- Prospect and develop new home lending business to expand KeyBank's client base.
- Originate and process family residential mortgages while advising on rates, terms, and options.
- Serve as the primary client contact, gathering documents and ensuring smooth loan processing.
- Maintain compliance with regulations like FNMA, FHA, VA, RESPA, and Equal Credit Opportunity Act.
- Work 4+ days/week in-branch at 201 Grand Avenue, participating in team huddles and debriefs.
- Stay updated on real estate trends and KeyBank products to provide expert guidance.
Required Qualifications
- Bachelor's degree in business or equivalent experience preferred.
- 3+ years as a loan officer in first mortgage production preferred.
- Strong knowledge of mortgage regulations and financial acumen.
- Excellent communication, sales, prospecting, and customer service skills.
- Proficiency in loan origination systems; valid driver's license required.
- Ability to work in office with prolonged sitting and occasional lifting up to 10 lbs.
Why Join Us
At KeyBank, you'll thrive in a supportive, inclusive culture that values ethical conduct and client success. Enjoy comprehensive benefits, performance-based incentives, and growth opportunities in community development banking. Be part of a team driving homeownership in New Haven while advancing your expertise in mortgage lending. KeyCorp is an Equal Opportunity Employer. Apply today for this full-time, mid-level role expiring 02/27/2026.
Locations
- New Haven, Connecticut, United States
Salary
42,993 - 65,000 USD / yearly
42,993 - 65,000 USD / yearly
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- Excellent communication skills (written and verbal)intermediate
- Strong customer service skillsintermediate
- Sales and service skills including prospecting, networking, and COI relationship managementintermediate
- Strong financial acumenintermediate
- Proficiency in sales/originator systems and workflow managementintermediate
Required Qualifications
- Bachelor's Degree in business-related field or equivalent experience (preferred) (experience)
- 3+ years experience as a loan officer in 1st mortgage production (preferred) (experience)
- 3+ years working knowledge of FNMA, FHLMC, FHA, VA, TIL regulations, Equal Credit Opportunity Act, RESPA regulations, local and state real estate and finance laws (preferred) (experience)
- Valid driver's license required (experience)
Responsibilities
- Prospect home lending business to build new client loan originations and relationships
- Originate and process residential mortgage transactions per KeyBank guidelines
- Provide clients with detailed mortgage options, interest rates, and terms
- Gather documents and serve as primary point of contact during loan process
- Develop and maintain knowledge of KeyBank products and market trends
- Work in branch environment 4+ days/week providing in-person services
Benefits
- general: Competitive base hourly rate with incentive compensation including production, commission, and discretionary incentives
- general: Comprehensive benefits package (view details at KeyBank benefits page)
- general: Opportunities for professional growth in banking and mortgage lending
- general: Inclusive culture with Equal Opportunity Employer commitment
Tags & Categories
Answer 10 quick questions to check your fit for Community Development Loan Officer - Careers at KeyBank @ KeyBank.
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Community Development Loan Officer - Careers at KeyBank
KeyBank
Community Development Loan Officer - Careers at KeyBank
Job Description
About KeyBank
KeyBank is a leading national bank committed to empowering communities through innovative financial solutions. With a focus on community development and inclusive banking, KeyBank supports homeownership dreams across the United States. Join our New Haven, CT team and contribute to meaningful community impact while advancing your career in mortgage lending.
Position Summary
The Community Development Loan Officer (CDLO) at KeyBank in New Haven, CT plays a pivotal role in originating residential mortgage loans tailored to client needs. This position offers a competitive hourly rate of $20.67 - $31.25 (approximately $42,993 - $65,000 annually based on 2080 hours), plus incentive compensation including commissions. Success is driven by meeting sales goals, building referral networks, and delivering exceptional client satisfaction in a branch-based environment.
Key Responsibilities
- Prospect and develop new home lending business to expand KeyBank's client base.
- Originate and process family residential mortgages while advising on rates, terms, and options.
- Serve as the primary client contact, gathering documents and ensuring smooth loan processing.
- Maintain compliance with regulations like FNMA, FHA, VA, RESPA, and Equal Credit Opportunity Act.
- Work 4+ days/week in-branch at 201 Grand Avenue, participating in team huddles and debriefs.
- Stay updated on real estate trends and KeyBank products to provide expert guidance.
Required Qualifications
- Bachelor's degree in business or equivalent experience preferred.
- 3+ years as a loan officer in first mortgage production preferred.
- Strong knowledge of mortgage regulations and financial acumen.
- Excellent communication, sales, prospecting, and customer service skills.
- Proficiency in loan origination systems; valid driver's license required.
- Ability to work in office with prolonged sitting and occasional lifting up to 10 lbs.
Why Join Us
At KeyBank, you'll thrive in a supportive, inclusive culture that values ethical conduct and client success. Enjoy comprehensive benefits, performance-based incentives, and growth opportunities in community development banking. Be part of a team driving homeownership in New Haven while advancing your expertise in mortgage lending. KeyCorp is an Equal Opportunity Employer. Apply today for this full-time, mid-level role expiring 02/27/2026.
Locations
- New Haven, Connecticut, United States
Salary
42,993 - 65,000 USD / yearly
42,993 - 65,000 USD / yearly
* This is an estimated range based on market data and may vary based on experience and qualifications.
Skills Required
- Excellent communication skills (written and verbal)intermediate
- Strong customer service skillsintermediate
- Sales and service skills including prospecting, networking, and COI relationship managementintermediate
- Strong financial acumenintermediate
- Proficiency in sales/originator systems and workflow managementintermediate
Required Qualifications
- Bachelor's Degree in business-related field or equivalent experience (preferred) (experience)
- 3+ years experience as a loan officer in 1st mortgage production (preferred) (experience)
- 3+ years working knowledge of FNMA, FHLMC, FHA, VA, TIL regulations, Equal Credit Opportunity Act, RESPA regulations, local and state real estate and finance laws (preferred) (experience)
- Valid driver's license required (experience)
Responsibilities
- Prospect home lending business to build new client loan originations and relationships
- Originate and process residential mortgage transactions per KeyBank guidelines
- Provide clients with detailed mortgage options, interest rates, and terms
- Gather documents and serve as primary point of contact during loan process
- Develop and maintain knowledge of KeyBank products and market trends
- Work in branch environment 4+ days/week providing in-person services
Benefits
- general: Competitive base hourly rate with incentive compensation including production, commission, and discretionary incentives
- general: Comprehensive benefits package (view details at KeyBank benefits page)
- general: Opportunities for professional growth in banking and mortgage lending
- general: Inclusive culture with Equal Opportunity Employer commitment
Tags & Categories
Answer 10 quick questions to check your fit for Community Development Loan Officer - Careers at KeyBank @ KeyBank.
Related Books and Jobs