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Multifamily Underwriting Senior Associate

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Freddie Mac

2021-12-03 08:51:05

Job location Abingdon, Virginia, United States

Job type: fulltime

Job industry: Insurance & Superannuation

Job description

Job DescriptionAt Freddie Mac, you will do important work to build a better housing finance system and you'll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation. As part of Freddie Mac's return to the office pilot, all employees, contingent workers and visitors must be fully vaccinated against COVID-19 in order to be on-site unless they have an approved accommodation.Position Overview:If you are a motivated and intellectually driven professional with a passion for commercial real estate (CRE) and finance, Freddie Mac Multifamily is the employer for you! The nation's greatest and most innovative secondary market Multifamily mortgage lender and issuer of securitized fixed-income with an annual platform exceeding $80 billion is looking to add a Multifamily Underwriter to the Targeted Affordable Housing team.If you are an analytical teammate who is interested in making housing possible, please submit your application to join our exciting and dynamic organization!Our Impact:Our team is responsible for underwriting Targeted Affordable Housing (TAH) loans originated coast to coast by our network of Optigo LendersWe are innovators in the industry by evaluating the story and making decisions based on the credit risk profile and finding creative ways to mitigate risksYour Impact:You will build toward credit approval and closing individual mortgage loans collateralized by multifamily propertiesAccurately review and ensure concise, complete, and transparent Investment Briefs and ensure accurate data quality for loan securitizationAnalyze and conclude on unique affordable housing pro forma property financial statement considerations, resolve transactional issues that escalate in third party report, work with Producers to structure deals, review borrower financial position, market analysis, property inspections, present deals for approval as neededDevelop resolutions to problems of limited scope following specific and detailed proceduresQualifications:2+years of related professional experience, preferably in multifamily or commercial real estate financeBachelor's Degree in Real Estate, Finance, Economics, Business Administration, or related field or comparable amount of directly relevant professional experienceDemonstrated proficiency with Microsoft Excel and WordStrong written and verbal communication skillsPosition requires travelKeys to Success in this Role:Strong interest in a commercial real estate careerExcellent collaborator and phenomenal teammateSense of humor, strong work ethic and a positive attitudeGreat multitasker that can stay calm under pressureStay current on policies and regulations that may affect the industry and be comfortable with transition and change Current Freddie Mac employees please apply through the internal career site.Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit and register with our referral code: MAC.Time-type:Full timeJob Category:UnderwritingFLSA Status:Exempt

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