At Freddie Mac, you will do important work to build a better housing finance system and you'll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.
Do you want to fast track your career? Are you an adept communicator with remote teams? We are looking for an analytical hard worker to join our fast-paced and highly talented Freddie Mac Multifamily Underwriting team. We're looking for someone who is whip-smart, a fast learner, very good with numbers and can hustle. Apply now and learn why there's #MoreAtFreddieMac!
Our Impact:
- Responsible for underwriting Small Balance Loans originated by our Production partners
- Innovate based on market behaviors while efficiently analyzing, mitigating, and clearly defining credit risk
- Evaluating the overall story and making decisions on the credit risk profile
Want more jobs like this?
Get Education jobs in Chicago, IL delivered to your inbox every week.
Your Impact:
- Build toward credit approval and closing individual mortgage loans collateralized by multifamily properties
- Accurately review and ensure concise, complete, and transparent Investment Briefs and ensure accurate data quality for loan securitization
- Analyze and conclude on unique SBL pro forma property financial statement considerations, resolve transactional issues that escalate in third party report, work with Producers to structure deals, review of borrower financial position, market analysis, property inspections, present deals for approval as needed
- Develop resolutions to problems of limited scope following specific and detailed procedures
Requirements
- 0-2 years of related work experience in the real estate industry
- Typically has BA/BS degree or equivalent professional experience, advanced degree preferred
- Knowledge of real estate property fundamentals and real estate lending/underwriting
- Proficiency with Microsoft Excel and Word
- Ability to travel domestically
Keys to Success in this Role
- Multi-task/prioritize
- Relationship builder inside and outside of SBL
- Harness the power of data to formulate and inform communications
- Keep calm under pressure!
- Stay current on policies and regulations that may affect the industry and be comfortable with transition and change
Current Freddie Mac employees please apply through the internal career site.
Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.
We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time
FLSA Status:Non-Exempt
Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $68,000 - $102,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.