Multifamily Loan Underwriter

4 weeks ago


Washington, United States District of Columbia Housing Finance Agency Full time
  • The Multifamily Loan Underwriter contributes to the success of the financing program through robust analytical assessment of the sponsor, project and market feasibility of each transaction.
  • Manage relationship with developers, lenders, banks, equity providers, public funding agencies and other stakeholders involved in the creation and preservation of affordable housing in the District of Columbia
  • Responsible for the intake of detailed loan applications and supporting documentation required for the underwriting and assessment of affordable housing development and rehabilitation projects financing.
  • Procure third party due diligence reports and negotiate contracts for appraisals, environmental site assessments (ESA), architectural cost reviews, physical needs assessments, and market studies
  • Coordinate the closing process by working with the developer, bond investor, LIHTC syndicator, legal counsel, and other funding sources such as public agencies and subsidy providers
  • Masters in Real Estate Development (MRED) or a Master's in Business Administration (MBA) a plus
  • 3+ (three) years of experience in multifamily construction and permanent loan underwriting
  • Knowledge of housing and affordable housing related market forces including; general real estate principles, supply and demand economics and other multifamily demand drivers.


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