Description:
Location:
The preferred location is Washington D.C or New York City.
If needed, this position can report to our HQ in Carmel, IN or any of our other regional offices in Boston, MA, Chicago, IL, or Bloomington, MN.The GSE Senior Affordable Underwriter is responsible for ensuring the timely, accurate and high-quality underwriting of multifamily mortgage loan transactions in accordance with Agency and Bank guidelines.
Responsibilities include but are not limited to reviewing customer data, making sound credit decisions, and ensuring they are documented to secondary market guidelines where applicable.
Manage clients and expectations, in tandem with Production, through clear communication to preemptively address potential issues or impediments to timing.Under moderate supervision, the GSE Senior Affordable Underwriter will independently underwrite new loan originations for Fannie Mae/Freddie Mac.
The incumbent will perform an evaluation of proposed Agency loans for credit risk; and obtain deal approvals from Merchants' credit committee and respective Agency.
After one year as our Senior GSE Affordable Underwriter, you will know you are successful if you Underwrite multifamily Agency loans originated by Merchants Capital.Manage the underwriting process for new loans from origination to closing.Adhere to Agency loan requirements, reviewing updates on an ongoing basis, to stay current on changes made by respective Agencies and/or Merchants.Perform site inspections of underwritten assets.Manage third-party vendors and comprehensively evaluate third-party reports including appraisal reports, engineering reports, environmental reports, zoning reports, flood certifications, etc.Coordinate and manage clear communication with internal Merchants staff including the Review Underwriter, originations and closings team; Agency; third party vendors, including but not limited to, the appraiser, engineer and environmental consultant; Merchants legal counsel; insurance team; borrower and any others that are pertinent to the success of the transaction.Evaluate Borrower financial statements, bank statements, credit reports, legal searches, real estate-owned (REO) schedules, resumes, etc., and determine any potential credit risks while exercising problem-solving capabilities and independent judgment.Generate a Due Diligence checklist along with monitoring receipt of and processing due diligence as it is received.
Review files for completeness and identify critical missing information.Analyze historical operating statements, rent rolls, market characteristics, etc., and complete the underwriting loan submission template.Prepare the loan package for evaluation and approval by Merchants Credit Committee and Agency Lenders.Requirements:
What we are looking for A bachelor's degree in finance, Economics, Real Estate, or another related field is required.Minimum three years of multifamily loan underwriting experience with Fannie Mae and Freddie Mac loan products, preferably affordable products.Strong knowledge and understanding of Agency lending guidelines, including applying applicable credit parameters in order to minimize credit risk required.Strong knowledge and understanding of Agency pricing standards in order to determine the all-in interest rate preferred.Strong knowledge and understanding of various organizational structures such as LLCs, LPs, Corporations, Trusts, etc.
preferred.High-level analytical abilities and deductive reasoning, including strong research, and written/oral presentation skills.
At this level, it will generally be done independently or in combination with the Chief/Deputy for high-level decisions.
Proactive team player, able to work effectively under tight timelines, including the ability to provide guidance and be a resource for more junior Underwriting staff.ABOUT MERCHANTS CAPITALWith over 30 years of success built on putting people first, Merchants Capital is a proven leader in financing for multifamily housing nationwide.
Our licenses with Fannie Mae, Freddie Mac, and HUD/FHA, in addition to our bank's balance sheet products, allow us to offer custom solutions with agility and ease of execution, expanding access to housing in meaningful and impactful ways.
Recognized as a top five affordable lender, Merchants Capital pairs our comprehensive debt offerings with in-house tax credit equity to provide a one-stop-shop for developers and owners.
To learn more about Merchants Capital, visit ***.PM20 #CLOpen to Remote ProfessionalsPId8a0306ec287-26289-#5
Associated topics:
underwriter
United States - MD - MD - New Midway
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Chesapeake City
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Thurmont
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Ladiesburg
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Emmitsburg
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Annapolis
July 2, 2024
Planet Healthcare is seeking a travel Pathologists' Assistant for a travel job in Annapolis, Maryland. & Requirements • Specialty: Pathologists' Assistant • Discipline: Allied Health Professional • Duration: 13 weeks • 40 hours per week • Shift: 8 hours, days • Employment Type: Travel Planet...
United States - MD - MD - Lineboro
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Cavetown
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Smithsburg
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Woodsboro
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Funkstown
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Boring
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Keymar
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Upperco
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Union Bridge
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Manchester
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Baltimore
June 30, 2024
CDL-A Driver - Home Daily - Bulk Tank - Avg $1,400/week. Premier Fleet, Premier Pay Fraley and Schilling is a trucking and logistics provider specializing in lightweight equipment for hauling heavy products such as metal and building products. Beginning in 1955, F&S has become an industry leader in...
United States - MD - MD - Cascade
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Maugansville
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Rocky Ridge
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Elkton
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Elk Mills
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Taneytown
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Walkersville
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Clear Spring
June 27, 2024
Meda Health is seeking an experienced Medical Surgical/Telemetry Registered Nurse for an exciting Travel Nursing job in Towson, MD. Shift: • 3x12 hr nights Start Date: • 07/09/2024 Duration: • 13 weeks Pay: • $2146 / Week About Meda Health: • Meda Health goes beyond travel healthcare staffing and...
United States - MD - MD - Chewsville
July 1, 2024
CDL-A Regional & Dedicated Company Driver Jobs - Up to $1800 / Week Great Pay & Weekly Home TimeWHAT WE OFFER OUR DRIVERS: • Up To $1,800 Weekly, Depending On Location • Our Top Drivers Earn Over $80,000 A Year • Additional up to $.09 per mile productivity bonus • No touch freight • Great Pet Policy...
United States - MD - MD - Betterton
June 27, 2024
Host Healthcare is seeking an experienced Cardiovascular Operating Room Registered Nurse for an exciting Travel Nursing job in Washington, DC. Shift: Inquire Start Date: 07/29/2024 Duration: 13 weeks Pay: $2506.94 / Week About Host Healthcare: At Host Healthcare, we are dedicated to empowering the...