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Multifamily Underwriter

Location : Boston, MA
Job Type : Direct
Hours : Full Time
Required Years of Experience : 3+
Required Education : Bachelor's Degree
Travel : No
Relocation : No

Job Description :

Our client is a well-established commercial real estate finance company that spans the US. They are currently looking for experienced Multifamily Agency Underwriters join their team in multiple potential locations – NYC, Boston and Los Angeles.


 


Seeking Underwriters with 3+ years of commercial underwriting experience with large loans -- GSE multifamily experience is required. The Underwriter's primary responsibilities will be to provide day-to-day financial, market, and underwriting analysis of multifamily loans.


 


The position requires prior DUS underwriting experience with extensive familiarity of Fannie Mae and Freddie Mac Multifamily Guides.


 


General Responsibilities:



  • Analyze, interpret, and underwrite complex multifamily real estate transactions in compliance with respective agency guidelines (Fannie Mae and Freddie Mac)

  • Conduct detailed economic and demographic research to determine feasibility of transactions

  • Prepare and present comprehensive loan approval package to credit committee

  • Develop and maintain strong relationships with origination and closing departments and external agency investors

  • Conduct comprehensive inspections of physical real-estate assets on an as-needed basis


Skills, Education and Experience: 



  • Bachelor’s degree in Accounting, Finance, Economics, Real Estate, or other related fields

  • 3-5+ years commercial underwriting experience with large loans -- GSE multifamily experience

  • Prior DUS underwriting experience with extensive familiarity of Fannie Mae and Freddie Mac Multifamily Guides

  • Highly developed analytical, research and written/oral presentation skills

  • Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative and accuracy

  • Demonstrated ability to organize & prioritize projects; complete multiple tasks on schedule

  • Ability to work productively under minimal supervision


Required Qualifications :
 
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