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Multifamily Underwriter

4 months ago


Los Angeles, United States Fannie Mae Full time
Job DescriptionJob DescriptionCompany Description

At Fannie Mae, futures are made. The inspiring work we do helps make a home a possibility for millions of homeowners and renters. Every day offers compelling opportunities to impact the future of the housing industry while being part of an inclusive team thriving in an energizing, flexible environment. Here, you will grow your career and help create access to fair, affordable housing finance.
 

Job Description

As a valued contributor to our team, you will advise team members on managing communications and/or negotiations between Fannie Mae and clients regarding loans and other investments. In this role, you will review and comment on underwriting and reviewing the issuance of securities to customers.

THE IMPACT YOU WILL MAKE

The Multifamily Underwriter - Advisor role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:

  • Advise on potential risks and costs involved with providing services to a customer.
  • Analyze the risks and costs of a lending decision and make recommendations on process improvement related to decision process.
  • Advise on process related to issuance of the securities or other financial loans to the customer.

Occasional travel is required.

Qualifications

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience

  • 6 years of relevant experience
  • A comprehensive knowledge of commercial mortgage multifamily underwriting including property financial analysis, borrower credit, and market analyses
  • Demonstrated experience in underwriting and structuring commercial loans for multifamily housing

Desired Experience

  • Bachelor's degree or equivalent
  • Experience evaluating businesses, projects, budgets, and other financial entities or instruments to determine viability, stability, and performance.
  • Evaluation of borrower/organizational structures
  • Experience with various Multifamily property types 
  • Knowledge of DUS/GSE underwriting guidelines
  • Risk Assessment/mitigation and relationship management skills
  • Knowledge of solar energy and technologies
  • Customer and real estate market insights
  • Ability to collaborate with team members and key strategic partners
  • Skilled in Excel (intermediate or advanced); Sales Force
  • Excellent written and verbal communication skills

 



Additional Information

The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.

Fannie Mae is primarily a hybrid company.  We embrace flexibility for our employees while providing office space for in-person work and collaboration.  This role is classified as open to remote. If you speak with a Recruiter, they will provide you with more information about the definition of this classification.

Fannie Mae is an Equal Opportunity Employer, which means we are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, religion, national origin, gender, gender identity, sexual orientation, personal appearance, protected veteran status, disability, age, or other legally protected status. For individuals with disabilities who would like to request an accommodation in the application process, email us at careers_mailbox@fanniemae.com.

 

The hiring range for this role is set forth on each of our job postings located on Fannie Mae's Career Site. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee’s physical, mental, emotional, and financial well-being. See more here.