Agency Underwriter

Situs

(Houston, Texas)
Full Time
Job Posting Details
About Situs
Since 1985, Situs has been the premier, global provider of end-to-end commercial real estate and loan advisory services and integrated solutions, offering customized services to leading financial institutions, investors, owners, and developers. We offer a wide array of services, including enterprise and process improvement, capital markets and commercial real estate advisory, primary and special servicing, and creative staffing solutions.
Responsibilities
- Provide real estate analysis, loan underwriting and debt consulting services to FNMA DUS lenders and Freddie Mac Seller Servicer clients. - Analyze and interpret financial statements and rent rolls for multi-family properties. - Research real estate market information including interviews with market participants. - Perform site inspections. - Review and analyze appraisal, engineering, environmental and seismic reports to ensure compliance with client requirements as well as to identify underwriting risks. - Borrower/Sponsor credit review and analysis. - Candidates must have strong written communication skills to convey deal terms in asset summary report format, including, deal strengths, as well as deal risks and mitigants. - Proforma cashflow modeling based on due diligence findings and Agency guidelines. - Manage assignments with full accountability for multiple transactions across multiple clients/lending institutions. - Manage client relationships and interact with a wide range of high-level decision-makers. - Mentor, manage and develop junior team members.
Ideal Candidate
The ideal candidates must have experience underwriting FNMA DUS and/or Freddie Mac loans multi-family loans, a thorough understanding of Agency underwriting processes, credit/risk management policies and guidelines is required. **Qualifications:** - Bachelor’s degree - finance, commercial real estate and/or real estate valuation preferred. - 3+ years of real estate experience including 2+ years of Agency underwriting experience. - Excellent verbal and written communication skills. - Strong analytical skills including advanced Excel knowledge. - Ability to work in a fast-paced and quickly changing environment.

Questions

Answered by on
This question has not been answered
Answered by on

There are no answered questions, sign up or login to ask a question

Want to see jobs that are matched to you?

DreamHire recommends you jobs that fit your
skills, experiences, career goals, and more.