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.
Position Overview:
If you are a hard-working, motivated, and intellectually driven professional with a passion for commercial real estate (CRE) and finance, Freddie Mac Multifamily is the employer for you! The nation's greatest and most innovative secondary market Multifamily mortgage lender and issuer of securitized fixed-income with an annual platform exceeding $70 billion is looking to add a Multifamily Underwriting Associate to the Targeted Affordable Housing team.
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.
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Our Impact:
- Our team is responsible for underwriting Targeted Affordable Housing (TAH) loans originated coast to coast by our nationwide network of Optigo Lenders.
- We are innovators in the industry by evaluating the overall story and making decisions based on the credit risk profile and finding creative ways to mitigate risks.
Your Impact:
- You will 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 affordable housing pro forma property financial statement considerations, resolve transactional issues that escalate in third party report, work with Producers to structure deals, review 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
Qualifications:
- 2+ years of related professional experience, preferably in multifamily or commercial real estate finance.
- Bachelor's Degree in Real Estate, Finance, Economics, Business Administration, or related field or comparable amount of directly relevant professional experience.
- Knowledge of real estate property fundamentals and real estate lending/underwriting
- Strong written and verbal communication skills.
- Demonstrated proficiency with Microsoft Excel and Word
- Position requires travel.
Keys to Success in this Role:
- Strong interest in a commercial real estate career
- Excellent collaborator and phenomenal teammate
- Sense of humor, strong work ethic, and positive attitude
- Great multitasker
- 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 $92,000 - $138,000 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.