Multifamily Underwriter
6 days ago
Bloomington, Illinois, United States
Freddie Mac
Full time
Job Title: Multifamily UnderwriterAt Freddie Mac, we're seeking a highly motivated individual to join our team as a Multifamily Underwriter. As a key member of our Risk Distribution and Credit team, you'll play a critical role in evaluating loans for credit risk and ensuring the quality of our multifamily securitization platform.
Key Responsibilities:- Evaluate loans for credit risk through review of I&E/cash flow and rent roll analysis, third-party reports, loan structure, borrower credit worthiness, market analysis, asset quality, and final loan documents.
- Support the Securitization due diligence process and assist with addressing rating agency and investor questions.
- Collaborate with Capital Markets, Underwriting, Production, Asset Management, and Legal to validate and update pertinent loan information.
- 2 years of demonstrated interest or experience in multifamily or commercial real estate.
- Bachelor's degree in Real Estate, Finance, Economics, or related field.
- Strong quantitative, analytical, interpersonal, and organizational skills.
- Proficiency with Microsoft Office (Excel, Word, PowerPoint).
- Ability to work efficiently under tight timelines and prioritize multiple assignments.
Freddie Mac offers a comprehensive total rewards package, including competitive compensation and market-leading benefit programs. This position has an annualized market-based salary range of $74,000 - $112,000 and is eligible to participate in the annual incentive program.