Multifamily Mortgage Underwriter Role with Newmark

7 days ago

Tysons Corner, Virginia, United States Newmark Full time

Newmark Group, Inc. is a world leader in commercial real estate services, encompassing every phase of the property life cycle.

The company has generated revenues of approximately $2.5 billion for the year ended December 31, 2023. As of June 30, 2024, Newmark's company-owned offices, together with its business partners, operate from approximately 170 offices with 7,800 professionals around the world.

Newmark seeks experienced Underwriters with 3-5+ years of commercial underwriting experience to provide day-to-day financial, market, and underwriting analysis of multifamily loans.

Job Responsibilities:
  • Analyze complex multifamily real estate transactions in compliance with respective agency guidelines
  • Conduct detailed economic and demographic research to determine feasibility of transactions
  • Prepare comprehensive loan approval packages for credit committees
  • Maintain strong relationships with origination and closing departments and external agency investors
  • Conduct inspections of physical real-estate assets as needed
Required Skills:
  • Highly developed analytical and written/oral presentation skills
  • Ability to problem-solve and exercise independent judgment
  • Demonstrated ability to organize & prioritize projects, complete multiple tasks on schedule
  • Proficiency in Microsoft Office, especially in EXCEL and Word
  • Able to work productively under minimal supervision
Estimated Salary: $120,000 - $180,000 per annum

Newmark offers a dynamic work environment with opportunities to train under premier programs (Fannie Mae and Freddie Mac). This role affords the opportunity to work closely with Senior Credit team and Originators on transaction structuring and underwriting.

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