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Community Development Lending Jobs (NOW HIRING)

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Business Development & Lending Associate Reports to: Economic Development Program Manager ... Represent LEDC in community, business, philanthropic, and public-sector initiatives that strengthen ...

Be Seen First

Business Development & Lending Associate Reports to: Economic Development Program Manager ... Represent LEDC in community, business, philanthropic, and public-sector initiatives that strengthen ...

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Community Development Lending information

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$35.5K

$76.2K

$118.5K

How much do community development lending jobs pay per year?

As of Aug 20, 2026, the average yearly pay for community development lending in the United States is $76,173.00, according to ZipRecruiter salary data. Most workers in this role earn between $58,500.00 and $91,500.00 per year, depending on experience, location, and employer.

What is community development lending?

Community development lending refers to loans and financial services provided by banks and financial institutions to support projects that benefit low- and moderate-income communities. This can include financing for affordable housing, small businesses, community facilities, and revitalization projects. The goal is to stimulate economic growth, create jobs, and improve living conditions in under-resourced areas. Community development lending is often guided by regulations such as the Community Reinvestment Act (CRA), which encourages financial institutions to help meet the credit needs of all segments of their communities.

What are the key skills and qualifications needed to thrive in community development lending?

To excel in Community Development Lending, you need strong financial analysis skills, knowledge of real estate and credit underwriting, and a background in finance, economics, or a related field. Familiarity with loan origination systems, Community Reinvestment Act (CRA) requirements, and financial modeling software is typically expected. Relationship-building, communication, and cultural competency are key soft skills for engaging diverse community stakeholders and clients. These skills are vital to responsibly structure loans that address community needs while managing risk and ensuring regulatory compliance.

What are some common challenges faced in community development lending and how can new professionals address them?

Professionals in Community Development Lending often encounter challenges such as balancing risk management with the goal of supporting underserved communities, navigating complex regulatory requirements, and building trust with local stakeholders. Newcomers can address these challenges by developing a strong understanding of compliance guidelines, staying updated on community needs, and fostering collaborative relationships with community organizations and local governments. Proactively seeking mentorship from experienced colleagues can also help build confidence and ensure effective project execution.

What is the difference between Community Development Lending vs Commercial Lending?

AspectCommunity Development LendingCommercial Lending
Required CredentialsTypically requires finance or banking certifications, knowledge of community programsRequires finance, banking, or business degrees, and financial analysis skills
Work EnvironmentOften within community development banks, non-profits, or government agenciesPrimarily in commercial banks, financial institutions, or corporate settings
Employer & Industry UsageFocused on underserved communities, affordable housing, and economic developmentCentered on business loans, real estate, and corporate financing
Common Search & Comparison IntentUnderstanding roles in community finance and developmentUnderstanding business financing options and commercial banking roles

Community Development Lending focuses on providing financial services to underserved communities, emphasizing social impact and affordable housing. In contrast, Commercial Lending primarily serves businesses seeking capital for growth, real estate, or operations. While both roles involve financial analysis and lending skills, their target clients, environments, and objectives differ significantly.

More about Community Development Lending jobs

What cities are hiring for Community Development Lending jobs?

Cities with the most Community Development Lending job openings:

What states have the most Community Development Lending jobs?

States with the most job openings for Community Development Lending jobs include:

Infographic showing various Community Development Lending job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 90% Physical, 3% Hybrid, and 7% Remote job distribution, with an average salary of $76,173 per year, or $36.6 per hour.

Mortgage Community Development Manager

Jobtailor

Little Rock, AR • On-site

$60 - $100/hr

Other

Posted 2 days ago

New


Job description

  • Originate high quality mortgage loans which are typical in low-to-moderate income borrowers to serve the housing needs of underserved communities
  • Increase mortgage loan volume, primarily focusing on CRA, low-to-moderate, and minority customers, through effective consultative selling
  • Assist in the identification, recruitment, hiring, training, & development of community development lenders in assigned territory
  • Provide ongoing leadership, coaching, counsel, & accountability to assigned team to further achievement of individual, team, & company goals
  • Act as a representative of the bank in the community by attending community meetings/events and providing training seminars to residents regarding loan application procedures and mortgage loan products and services
  • Work with non-profit partners to provide home buyer education, mortgage credit counseling and technical assistance
  • Identify appropriate community groups throughout the community and establish a plan for making contact
  • Serve on housing/credit/finance related boards, charitable/civic organizations or MBA committees on an ongoing basis
  • Provide input for the design of programs, participate in credit related training for consumers to enhance knowledge within the community to maximize the benefits of mortgage loans and services
  • Conduct outreach training classes in financial literacy, mortgage, banking, home ownership
  • Maintain extensive knowledge of Southern Bancorp’s product offerings
  • Identify potential loan applicants through referrals and make sales calls as appropriate in order to provide prospects with information on loan products and to solicit business as appropriate
  • Assist borrowers with the application process by providing direction in filling out forms and keeping the applicant informed of necessary documentation
  • Understand and remain educated on grant/subsidy programs available within market to ensure borrower receives maximum funding
  • Prepare loan status of each loan in individual pipeline to be given to non-profit housing partners if applicable
  • Interview & counsel loan applicants on the various mortgage loan programs offered by the bank
  • Analyze financial status and credit on each potential borrower, and fully understand the contract of sale to ensure proper submission of application
  • Make sales calls to housing non-profits to maintain relationship and ensure for the steady flow of referrals
  • Report weekly on loan volumes to management, and produce all other applicable reports necessary to provide management with the success of the originating efforts as requested by management
  • Understand the complexity of the partnerships with non-profit organizations in an effort to mitigate potential reputational risk from occurring
  • Work on special projects as assigned by mortgage leadership team
Requirements
  • High School Diploma required; bachelor’s degree is preferred
  • Five years’ experience in community development lending or minority mortgage lending with a focus on bridging the homeownership gap of underserved communities; minimum 1 year of experience in the mortgage industry in a leadership role
  • Must have experience with broad program & mortgage investor guidelines
  • Housing counseling, financial planning and mortgage credit counseling experience
  • Good listener and self-starter with demonstrated ability to work with minimal hands-on direction
  • Must have excellent interpersonal skills to represent the Southern in a positive way in dealing with customers and other employees
  • Must have the ability to travel within market and must possess and maintain a valid driver’s license and a vehicle with appropriate insurance coverage
Core Competencies

Demonstrates expertise in community development lending and mortgage credit counseling, with a strong focus on serving low-to-moderate income borrowers and minority customers. Proven ability to lead teams, conduct outreach, and provide financial education to enhance homeownership opportunities in underserved communities.

Highest-signal resume keywords
  • Community Development Lending
  • Mortgage Credit Counseling
  • Leadership Experience
  • Consultative Selling
  • Financial Literacy Training
ATS Optimization Keywords Hard Skills
  • Mortgage Loan Origination
  • Financial Analysis
  • Program Guidelines Knowledge
  • Loan Application Assistance
  • Sales Call Execution
Soft Skills
  • Interpersonal Skills
  • Listening Skills
  • Self-Starter Attitude
  • Coaching and Counseling
Industry Keywords
  • Low-to-Moderate Income
  • Underserved Communities
  • Homeownership Gap
  • CRA
  • Non-Profit Partnerships
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