Analyze a variety of commercial loans for placement with third party investors, including Fannie Mae, Freddie Mac, FHA, Conduit and Life Companies.
Primary Responsibilities:Analyze/spread operating statements for multifamily loan transactions.Responsible for accurate loan sizing and overall risk assessment prior to loan application utilizing Fannie Mae and Freddie Mac multifamily underwriting guidelines.Interview prospective borrowers to obtain critical property, management and borrower details for each transaction.Work with loan originators and help negotiate deal terms.Interact with Fannie Mae and Freddie Mac representatives regarding loan transaction terms.
Education and Experience Required:
Bachelor's Degree and a minimum of 3 years' Commercial Real Estate, Finance and/or related experience, or in lieu of a degree, a combined minimum of 7 years' higher education and/or work experience, including a minimum of 3 years Commercial Real Estate, Finance and/or related experience.
Good Microsoft Excel skills.
Excellent interpersonal skills.
Excellent analytical skills.
Ability to simultaneously manage several loan transactions.
Education and Experience Preferred:
Fannie Mae/Freddie Mac multifamily underwriting experience.
Multifamily appraisal experience.
Bank credit training.