About The Role:
As a CBRE Loan Processor, you are responsible for coordinating and managing underwriting data for Multifamily Affordable Housing loans in order to assure compliance with Freddie Mac and Fannie Mae commitment and delivery requirements. Work closely with underwriting, closing, legal, production, asset management and third-party vendors to manage CBRE's loan underwriting pipeline within timeline(s) and procedures/controls.
What You'll Do:
- Collect and review underwriting data obtained for due diligence in compliance with Freddie Mac and Fannie Mae requirements.
- Review, reconcile and update data and documents for completeness and accuracy
- Prepare, collect and organize borrower forms and certifications.
- Organize and maintain underwriting checklists.
- Update and upload documents to internal and external systems of record.
- Support underwriting teammates with various underwriting tasks, including but not limited to data entry and obtaining tax bills and operating expense comparables.
- Communicate directly with internal and external clients during the process from loan application through closing and delivery.
- Participate in all underwriting meetings.
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What You'll Need:
To perform this job successfully, an individual will need to perform each crucial duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
- Bachelor's degree from a four-year college or university required. Strong preference for majors in Finance, Accounting, Economics, Real Estate or related fields.
- At least two years prior experience in loan processing, closing or servicing is preferred but not mandatory.
- Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.
- Requires knowledge of financial terms and principles. Ability to calculate figures such as percentages, discounts, and/or commissions.
- Ability to understand and carry out general instructions in standard situations. Requires some analytical and quantitative skills.
- Proficient in common Adobe and Microsoft applications including: Word, PowerPoint and Excel.
- Decisions made with general understanding of procedures and company policies to achieve set results and timelines. Errors in judgment may cause short-term impact to co-workers and supervisor.
- Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
- In addition to a resume, please submit a cover letter outlining your interest in Multifamily Affordable Housing and how your professional as well as academic background is relevant.
Why CBRE?
When you join CBRE you will have the support and resources of a global firm where an entrepreneurial mentality is encouraged. You'll realize your potential with exciting work, fast-paced assignments, an environment of constant learning and dedication to results! To enable your success, we provide the best tools, training and leaders in the industry.
Our culture is built on our RISE values and reflects the needs and perspectives of our clients and our people. Our work is guided by our North Star: Crafting the real estate solutions of tomorrow, so businesses and people thrive.
Coming to work for CBRE, you will receive a comprehensive benefits package, 401k, and extraordinary perks such as career growth and longevity!
CBRE carefully considers multiple factors to determine compensation, including a candidate's education, training, and experience. The minimum salary for the Loan Underwriting Processor position is $65,000 annually and the maximum salary for the Loan Underwriting Processor position is $95,000 annually. The compensation that is offered to a successful candidate will depend on the candidate's skills, qualifications, and experience. Successful candidates will also be eligible for a discretionary bonus based on CBRE's applicable benefit program. This role will provide the following benefits: 401(K), Dental insurance, Health insurance, Life insurance, and Vision insurance. The application window is anticipated to close on January 14th and may be extended as needed. Or to express interest in similar roles, visit CBRE.com/careers
Equal Employment Opportunity: CBRE is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.
Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company's success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).
NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.