Underwriting Analyst - Small Balance Loans
Walker & Dunlop

Irvine, California

Posted in Real Estate and Property


This job has expired.

Job Info


Department:
WDExpress Underwriting

Ready to bring your whole self to work every day? At Walker & Dunlop, we didn't get to where we are by hiring ordinary individuals. We got here by hiring the exceptional! WD is looking for individuals who are caring, collaborative, driven, insightful, and tenacious to join our team!

Position Summary:
The primary role of this individual will be as a member of the Small Balance Loans Underwriting Team which consists of Underwriters and Analysts.

What you will be doing:
• Collect and review the necessary due diligence items to assist the underwriter in closing each loan
• Conduct site visits to assess the condition and quality of multifamily properties
• Able and willing to travel as needed to perform necessary job duties including site inspections and client visits
• Interact with the borrower, broker and team members to provide updates as progress is made towards loan closing
• Update the underwriting model as new operating data is received during the transaction process
• Conduct reviews of market areas, property and site characteristics
• Review of borrower and management qualifications
• Expand knowledge and expertise of Fannie Mae Small Loan and Freddie Mac Small Balance Loan credit guidelines
• Order and review third-party Appraisals, Engineering Reports, Seismic Reports, Phase I Environmental Assessments and Operations and Maintenance (O & M) Reports
• Review third-party reports to determine any findings that could impact the proposed loan
• Maintain organized and fully documented underwriting files on loans in process
• Assist in the crafting of loan narratives for submission to the Chief Underwriter
• Ensure that the underwriting team goals and initiatives are completed in a timely manner
• Engage in post-closing activities as needed to ensure continued excellence in loan portfolio performance
• Communicate and problem-solve daily with teammates, clients, vendors, and other stakeholders, often in combination with travel
• Other skills related to building a career in Underwriting!

The education and experience we're looking for:
• Bachelor's degree (Business or Finance Degree preferred)
• 1+ years of financial analyst experience with commercial real estate owner, broker, appraiser or financial institution preferred
• Experience with GSE Multifamily lending (Fannie Mae & Freddie Mac) preferred
• Excellent financial modeling skills including thorough knowledge of MS Excel
• Proficient in MS Word and Outlook

What skills you should have:
• Detail oriented, organized and accurate
• Strong written and oral communication skills
• Ability to handle multiple tasks
• Passion for real estate
• Ability to work productively in time sensitive situations
• Good concept of financial analysis of income producing real estate
• Good organization and analytical skills
• Exhibit good teamwork and cooperation
• General understanding of all major commercial real estate product types with an emphasis on multifamily properties
• 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

Still reading? Then we think you should apply!

EEO Statement
Walker & Dunlop is an equal employment opportunity employer and does not discriminate based on race, color, national origin, religion, gender identity, sexual orientation, sex, age, disability, veteran or military status, genetic information, or any other characteristic protected by applicable law.

SPAM
Please be wary of recruitment scams. An indication of a scam might be a request for sensitive or bank information at the time of application or emails coming from a non walkerdunlop.com email address. Please call us at 301.215.5500, if you have any concerns about information requested during or after the application process.


This job has expired.

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