HUD Underwriting Analyst

Walker & Dunlop•Bethesda, MD

2d•$65,000 - $75,000•Hybrid

About The Position

We are Walker & Dunlop, a leading provider of capital to the commercial real estate industry. Our FHA Finance experts work with borrowers to obtain HUD-insured loans for multifamily and senior housing properties. The department includes production and underwriting staff. Production staff originates loan opportunities, and underwriting staff assists clients in preparing HUD applications, identifying loan strengths and weaknesses, and implementing mitigants. We work closely with HUD throughout the application review, commitment, and closing process. Walker & Dunlop is the #2 overall HUD lender and the #1 overall HUD construction loan lender in FY 2022.

Requirements

Bachelor’s degree or equivalent work experience required.
1+ years of experience in accounting, finance, or a related field strongly preferred.
Knowledge of commercial real estate finance preferred.
Understanding of the FHA loan application process, including required documentation and loan exhibits.
Familiarity with HUD guidelines, notices, and handbooks, and the ability to research requirements as needed.
Strong analytical skills with the ability to evaluate data and draw sound conclusions.
Excellent written and verbal communication skills.
Strong time management skills and attention to detail.
Ability to manage multiple priorities in a deadline-driven environment.
Proficiency in Microsoft Word and Excel.
Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes.
Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders.

Responsibilities

Coordinate the collection, review, and approval of all required documentation and exhibits for each FHA loan transaction.
Meet regularly with internal and external stakeholders to review exhibit status, resolve issues, and escalate concerns as needed.
Communicate with borrowers, correspondents, loan officers, underwriters, and third-party vendors to obtain and provide timely information.
Conduct file reviews to ensure all application exhibits meet program requirements and support underwriting and third-party needs.
Collect and analyze borrower and principal information, including experience, qualifications, credit data, and financial statements.
Identify potential credit or financial risks and partner with underwriters to resolve issues.
Assist in ordering, tracking, and reviewing third-party reports.
Coordinate with third parties to provide required property and transaction information.
Manage and reconcile transaction-related accounting and coordinate payment of third-party vendors.
Assist in the preparation, assembly, and delivery of complete loan applications to HUD.
Maintain accurate HUD-required control files for each transaction.
Ensure all deal information in Salesforce, Deal Manager, and Box is current and accurately reflects transaction status, documentation, communications, and outstanding issues.
Adhere to established naming conventions and file management protocols.
Participate in training and professional development activities.
Perform other duties as assigned.

Benefits

Up to 83% subsidized medical payroll deductions
Competitive dental and vision benefits
401(k) + match
Pre-tax transit and commuting benefits
A robust health and wellness program – earn cash rewards and gain access to resources that promote health, engagement, and balance
Paid maternity and parental leave, as well as other family paid leave programs
Company-paid life, short and long-term disability insurance
Health Savings Account and Healthcare and Dependent Care Flexible Spending
Career development opportunities
Empowerment and encouragement to give back – volunteer hours and donation matching