Multifamily Underwriter - Principal

Fannie Mae
Plano, Washington
Workplace: HybridFull timeFunction: Banking, Lending & CreditExperience: 8+ yearsEducation: bachelorsSkills: ["Relationship management","Project management","Strategic thinking","Communication","Adaptability"]

Lead multifamily loan underwriting by reviewing lender packages, setting loan terms, and determining supportable loan sizing within credit risk standards and guidance limits. Calibrate with the team on underwriting and security issuance, assess strengths/risks/mitigants, and advise management on potential risks and costs. Serve as a subject matter expert and team leader, driving process improvements and implementing enhancements with internal and external stakeholders.

Loading

Loading job details...

Preparing the role view and application actions.

FursaFursa
Fannie Mae
Fannie Mae
13 hours ago

Multifamily Underwriter - Principal

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 13 hours agoStatus: Live

Job Summary

Lead multifamily loan underwriting by reviewing lender packages, setting loan terms, and determining supportable loan sizing within credit risk standards and guidance limits. Calibrate with the team on underwriting and security issuance, assess strengths/risks/mitigants, and advise management on potential risks and costs. Serve as a subject matter expert and team leader, driving process improvements and implementing enhancements with internal and external stakeholders.
Location: Plano, Washington
Workplace: Hybrid
Employment Type: Full time
Job Function: Banking, Lending & Credit
Seniority: Mid level

Key Responsibilities

  • •Review lender loan underwriting packages and set Multifamily loan terms prior to acquisition.
  • •Calibrate with the team on underwriting Multifamily deals and review issuance of securities to customers.
  • •Assess loan strengths, risks, and mitigants to determine supportable loan sizing parameters while maintaining credit risk standards.
  • •Confer with management on potential risks and costs and recommend changes to the review process and lending decisions.
  • •Serve in a team leadership role, identify emerging risks, work with senior leadership, and lead implementation of execution enhancements.

Pay and Benefits

Perks:Health InsuranceLife Insurance

Key Requirements

  • •8+ years of relevant experience in Multifamily underwriting.
  • •Proficiency in industry and GSE Multifamily Underwriting practices, including underwriting risk and credit risk standards.
  • •Expertise identifying strengths, risks, and mitigants for Multifamily loans and determining supportable loan sizing parameters.
  • •Demonstrated relationship and project management skills working with internal and external stakeholders.
  • •Bachelor’s degree (or equivalent) and advanced business writing, presentation, and communication skills.
Experience:8+ years
Education:Bachelor's
Skills:Relationship managementProject managementStrategic thinkingCommunicationAdaptability

Company Brief

Fannie Mae
Fannie Mae is a government-sponsored enterprise that provides liquidity, stability, and affordability to the U.S. mortgage market by guaranteeing and purchasing residential mortgage loans and mortgage-backed securities.
Industry: Lending
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Government & Public Sector
Valuation: Public Company (Market Cap in USD)
Funding: Government Funded
Headquarters: Washington, United States
Founded: 1938
WebsiteLinkedIn