Commercial Real Estate Finance Underwriter

4 weeks ago


Minneapolis, Minnesota, United States NorthMarq Full time
Underwriter - Agency

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
Requirements:
  • 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
What We Offer:
  • 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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