This job is expired.
Underwriting Analyst - Agency (Omaha) - Commercial Real Estate Finance
Full Job Description
Underwriting Analyst – Agency
Northmarq – Omaha, NE
At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan servicing, and fund management. We offer you a career path with best-in-class training, and we foster inclusive teams committed to collaboration, mentoring, and growth. At Northmarq, we will help you unlock your potential – whether you are an industry veteran or you’re just getting started. Your new career is waiting. Start something special today. Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate!
Northmarq is seeking a DUS Underwriting Analyst to join our Dallas, Denver, Omaha or Washington DC office. The individual will be responsible for processing and analyzing loan information in alignment with Fannie Mae's multifamily program guidelines. This role requires close collaboration with diverse stakeholders, including originators, screeners, underwriters, closing officers, borrowers, legal counsel, and vendors, to ensure all parties are kept informed about the status and progress of loans. The ideal candidate will be highly organized, detail-oriented, and possess excellent written and verbal communication skills.
*This position is an in-office position, with an immediate start date.
Position Responsibilities:
Analysis:
- Support the team by preparing loan requests and investment report packages, analyzing due diligence, and performing various support functions.
- Inventory and review data provided, and request additional information from the borrower as needed.
- Gather and analyze site, neighborhood, and city data, including demographics, sales and rent comparables, absorption surveys, and occupancy studies.
- Evaluate operating history, property rent rolls, and other financial information.
- Develop underwriting templates based on historical financial statements, projections, and market standards to determine projected income, value, and loan amounts, as directed by senior team members.
- Review and analyze third-party reports (appraisals, environmental, engineering, etc.) and zoning/building code analyses as directed by senior staff.
- Research property taxes to confirm payments, outstanding taxes, exemptions, and appeals.
- Examine borrower structures by creating and reviewing organizational charts and documents.
- Review the sponsor's real estate schedule and mortgage verifications to assess the borrower's loan history, payments, creditworthiness, and liquidity.
- Plan and manage your workload to efficiently conduct commercial real estate research, analysis, packaging, and loan closing services.
- Create checklists and appropriate forms based on transaction and borrower structure.
- Track third-party report delivery timelines and conduct quality control reviews on final reports and due diligence materials.
- Review Fannie Mae response letters and commitments, and assist in preparing written and oral responses to internal and external parties.
- Support the transaction closing process as needed.
- Review due diligence materials for accuracy with assistance from senior team members.
- Manage deal flow between underwriters, prioritize daily tasks, and identify immediate needs.
- Provide prompt, high-quality service to investors and borrowers in a friendly and professional manner.
- Serve as a secondary point of contact for borrowers and the primary contact for third-party vendors, participating in all kick-off calls, status updates, and other relevant communications.
- A Bachelor’s degree or 1-3 years of relevant experience, preferably in commercial real estate finance. New graduates with internship experience are encouraged to apply.
- Strong analytical, underwriting, and math skills with a demonstrated ability to work independently and handle multiple projects.
- Familiarity with Agency multifamily loan programs is advantageous.
- Proficiency in Microsoft Office (Word and Excel) is required; knowledge of Adobe, database applications, InDesign, ARGUS, and Salesforce is a plus.
- Excellent organizational skills with the ability to multitask and work under pressure.
- Client service-oriented with effective oral and written communication skills.
- Ability to travel for site inspections.
Job Information
Job Category:
Accounting
Spotlight
Employer
Related jobs
Senior Marketing Intelligence Strategist
Horizontal Talent
Our client is seeking a dynamic and experienced Senior Marketing Intelligence Strategist to join their team. This is an exciting opportunity to work remotely on a contract basis, with the potential fo...
Nov 14, 2024
Chicago, IL
Kitchen Team Member
Grub Truck
Ensure ingredients and final products are fresh
Follow recipes, including measuring, weighing and mixing ingredients
Bake, grill, steam and boil meats, vegetables, fish, poultry and other foods
Presen...
Nov 14, 2024
Atlanta, GA
Inventory and Logistics Coordinator
MAE OTTI, LLC
Are you a dynamic individual with a passion for women's fashion and a knack for organization? Do you thrive in an environment where your independence and self-motivation are valued? If so, we want you...
Nov 14, 2024
Griffin, GA