Commercial Real Estate Finance Underwriter
4 weeks ago
At Northmarq, we're seeking an Underwriter to join our active and successful Agency team. As an Underwriter, you'll play a critical role in providing quality control and training to regional offices related to underwriting, due diligence, closing, and various support functions related to Freddie Mac conventional loans.
Key Responsibilities:- Analyze operating history, budget, property rent roll, and other financial information to verify the proforma and loan request aligns with Freddie Mac guidelines
- Review and analyze Key Borrower Principal's real estate schedule, financial statements, and enhanced due diligence documents when necessary
- Review third party reports to ensure compliance with lender guidelines (appraisal, environmental, engineering, zoning, etc.)
- Plan and schedule workload to best utilize time and efficiently manage multiple deals at various stages while ensuring prompt and accurate customer service
- Draft Applications, Commitments, and Rate Lock Agreements
- Minimum of 2-5 years of experience in real estate financial analysis with multifamily experience preferred
- Bachelor's degree, preferably with major in real estate finance, business administration or accounting
- Familiarity with Freddie Mac and/or Fannie Mae multifamily loan programs a plus
- Excellent analytical skills and underwriting related experience
- Effective professional oral and written communication skills
- Competitive benefits package including medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance
- Paid parental leave and adoption assistance
- Education assistance
- Volunteer paid time off
- Charitable contribution match
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Commercial Real Estate Finance Underwriter
3 weeks ago
Minneapolis, Minnesota, United States NorthMarq Full timeUnderwriter - Agency Role in Commercial Real EstateAt Northmarq, we are seeking an Underwriter to join our active and successful Agency team. As an Underwriter, you will provide quality control and training to regional offices related to underwriting, due diligence, closing, and various support functions related to Freddie Mac conventional loans.Key...
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