Multifamily Underwriting Associate

Freddie Mac•McLean, VA

11d•$91,000 - $137,000•Onsite

About The Position

Freddie Mac Multifamily is seeking a Multifamily Underwriting Professional for the Targeted Affordable Housing team. This role involves underwriting Targeted Affordable Housing (TAH) loans originated across the country by Optigo Lenders. The team is innovative in evaluating credit risk and mitigating risks. The position will contribute to building a better housing finance system and making homeownership and rental housing more accessible and affordable.

Requirements

Bachelor’s Degree in Real Estate, Finance, Economics, Business Administration, or related field or comparable amount of directly relevant professional experience
0 - 2 years of related professional experience, preferably in multifamily or commercial real estate finance
Demonstrated proficiency with Microsoft Excel and Word
Strong written and verbal communication skills
Position requires travel

Nice To Haves

Strong interest in a commercial real estate career
Excellent collaborator and phenomenal teammate
Sense of humor, strong work ethic, and positive attitude
Great multitasker
Keep calm under pressure
Stay current on policies and regulations that may affect the industry and be comfortable with transition and change

Responsibilities

Build toward credit approval and closing individual mortgage loans collateralized by multifamily properties.
Accurately review and ensure concise, complete, and clear Investment Briefs and ensure accurate data quality for loan securitization.
Analyze and conclude on unique affordable housing pro forma property financial statement considerations.
Resolve transactional issues that escalate in third party reports.
Work with Producers to structure deals.
Review borrower financial position, market analysis, and property inspections.
Present deals for approval as needed.
Develop resolutions to problems of limited scope following specific and detailed procedures.