Multifamily Underwriting Analyst

Freddie Mac•McLean, VA

19h•Hybrid

About The Position

Freddie Mac is seeking an analytical and driven Multifamily Underwriting Analyst to join their fast-paced team. This role will assist with the credit quality of loan production and underwriting for a specific territory, customer group, or product type. Responsibilities include evaluating loan credit risk, negotiating, obtaining deal approvals, and overseeing commitment preparation. The role involves creating proformas, analyzing income/expenses and rent rolls, reviewing third-party reports, structuring deals with producers, assessing borrower financials, conducting market analysis, performing property inspections, and presenting deals for approval. The analyst will also underwrite various property types, including bonds and seniors deals. This position requires a comprehensive understanding of the job's technical aspects and their application to complex problems, with work completed under minimal supervision. The role involves frequent contact with internal departments and external organizations to exchange information of moderate importance or sensitive nature.

Requirements

Bachelor’s degree in real estate, finance, economics, business administration, or related field
0 - 1 years of related work experience in the commercial/multifamily or real estate industry
Knowledge of real estate property fundamentals and real estate lending/underwriting
Strong written and verbal communication skills
Ability to travel domestically (20 - 25%)
Multi-task/prioritize
Relationship builder inside and outside of multifamily underwriting
Harness the power of data to formulate and inform communications
Keep calm under pressure
Comfortable with transition and change

Responsibilities

Assists with credit quality of loan production and underwriting for a particular territory, group of customers and/or product type.
Assists with evaluating proposed loans for credit risk, negotiating, and obtaining deal approvals, overseeing the preparation and issuing of commitments.
Creating and/or finalizing proformas, I&E and rent roll analysis, review of third party reports, working with producers to structure deals, review of borrower financial position, market analysis, property inspections, presenting deals for approval.
Assists with underwriting all property types, including bonds and seniors deals.
Build toward credit approval and closing individual mortgage loans collateralized by multifamily properties.
Accurately prepare concise, complete, and clear Investment Briefs for loan approval and loan commitment.
Apply company principles/policies and critical thought to complete assigned tasks accurately, completely, and in a timely manner.
Collaborate and communicate with external and internal business partners to solve problems and achieve shared success.