Northmarq
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Northmarq is seeking an experienced
Underwriter
with affordable experience to join our
Agency
team. This individual will manage various aspects of the loan process, from application to closing. Responsibilities include underwriting analysis, due diligence, evaluating property and market data, and preparing comprehensive transaction narratives. The candidate will work closely with Production, Borrowers, Freddie Mac/Fannie Mae personnel, legal counsel, vendors, and asset management. This position requires strong analytical mindset, exceptional attention to detail, excellent written and verbal communication skills, and a commitment to delivering top-tier customer service while upholding quality control standards. Position
is in-office with an immediate start date. Responsibilities
Review prescreen packages for Affordable deals before they are submitted to the Freddie Mac TAH and Fannie Mae MAH team for a quote. Prepare or review underwriting templates and narratives summarizing the loan structure, transaction strengths, and identified risks; present the final package for internal and Agency approval. Ensure the underwriting package meets Agency requirements. Analyze operating history, budget, property rent roll, and other financial information to verify proforma alignment with Agency quotes and guidelines. Review borrower structure to identify all appropriate parties for mortgage credit due diligence and complete an org chart to meet Agency requirements. Review and analyze the Key Borrower Principal's real estate schedule, financial statements, and other due diligence documents for Agency compliance. Review third-party reports to ensure compliance with Agency guidelines (appraisal, environmental, engineering, zoning, etc.). Monitor transaction status to manage production and borrower expectations and resolve potential issues. Coordinate with internal insurance team and Agency to obtain insurance approval, including waiver approval if necessary. Coordinate closing of the transaction between Production, attorneys, and the title company on Freddie Mac transactions. Participate in calls with Production and Borrower and/or legal to discuss transaction details, issues, and borrower structure. Conduct site visits with the Borrower, Production, and consultants as needed. Draft application and commitment letters, rate lock agreements, and trade authorizations. Assist in final loan package delivery or pre-purchase matters. Keep apprised of shifts in the commercial real estate world, including Agency credit parameters and requirements. What We're Looking For
3-5 years of Agency Underwriting experience, including Fannie MAH and Freddie TAH transactions. Knowledge of Agency program requirements. Bachelor’s degree in Real Estate Finance, Accounting, Business Administration, or a related field. Strong organizational skills with the ability to handle multiple assignments while meeting deadlines. Client service-oriented mindset with excellent problem-solving abilities; ability to manage/underwrite multiple transactions at once. Demonstrated work ethic and willingness to work extended hours when necessary. Excellent written and verbal communication skills. High level of integrity, confidentiality, and professionalism. Strong computer knowledge with Microsoft Office applications (Word, Excel, Adobe); Salesforce proficiency is a plus. Ability to travel for site inspections, as required. Northmarq offers a highly 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 and more. Note: The following sections are provided for context and may appear on the posting, but are not essential to the role description. Employment details
Seniority level: Not Applicable Employment type: Full-time Job function: Finance Industries: Real Estate, Financial Services, and Capital Markets
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Underwriter
with affordable experience to join our
Agency
team. This individual will manage various aspects of the loan process, from application to closing. Responsibilities include underwriting analysis, due diligence, evaluating property and market data, and preparing comprehensive transaction narratives. The candidate will work closely with Production, Borrowers, Freddie Mac/Fannie Mae personnel, legal counsel, vendors, and asset management. This position requires strong analytical mindset, exceptional attention to detail, excellent written and verbal communication skills, and a commitment to delivering top-tier customer service while upholding quality control standards. Position
is in-office with an immediate start date. Responsibilities
Review prescreen packages for Affordable deals before they are submitted to the Freddie Mac TAH and Fannie Mae MAH team for a quote. Prepare or review underwriting templates and narratives summarizing the loan structure, transaction strengths, and identified risks; present the final package for internal and Agency approval. Ensure the underwriting package meets Agency requirements. Analyze operating history, budget, property rent roll, and other financial information to verify proforma alignment with Agency quotes and guidelines. Review borrower structure to identify all appropriate parties for mortgage credit due diligence and complete an org chart to meet Agency requirements. Review and analyze the Key Borrower Principal's real estate schedule, financial statements, and other due diligence documents for Agency compliance. Review third-party reports to ensure compliance with Agency guidelines (appraisal, environmental, engineering, zoning, etc.). Monitor transaction status to manage production and borrower expectations and resolve potential issues. Coordinate with internal insurance team and Agency to obtain insurance approval, including waiver approval if necessary. Coordinate closing of the transaction between Production, attorneys, and the title company on Freddie Mac transactions. Participate in calls with Production and Borrower and/or legal to discuss transaction details, issues, and borrower structure. Conduct site visits with the Borrower, Production, and consultants as needed. Draft application and commitment letters, rate lock agreements, and trade authorizations. Assist in final loan package delivery or pre-purchase matters. Keep apprised of shifts in the commercial real estate world, including Agency credit parameters and requirements. What We're Looking For
3-5 years of Agency Underwriting experience, including Fannie MAH and Freddie TAH transactions. Knowledge of Agency program requirements. Bachelor’s degree in Real Estate Finance, Accounting, Business Administration, or a related field. Strong organizational skills with the ability to handle multiple assignments while meeting deadlines. Client service-oriented mindset with excellent problem-solving abilities; ability to manage/underwrite multiple transactions at once. Demonstrated work ethic and willingness to work extended hours when necessary. Excellent written and verbal communication skills. High level of integrity, confidentiality, and professionalism. Strong computer knowledge with Microsoft Office applications (Word, Excel, Adobe); Salesforce proficiency is a plus. Ability to travel for site inspections, as required. Northmarq offers a highly 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 and more. Note: The following sections are provided for context and may appear on the posting, but are not essential to the role description. Employment details
Seniority level: Not Applicable Employment type: Full-time Job function: Finance Industries: Real Estate, Financial Services, and Capital Markets
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