At Freddie Mac, you will do important work to build a better housing finance system and youll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.
Position Overview:
Are you someone who has a desire to join a division that is helping to build a better multifamily housing finance system? Apply to join as a Commercial Loan Closer and join a team in the Multifamily division responsible for ensuring that loan documentation and collateral reviews are consistent with the terms of the Loan Commitment and reflected accurately on our loan systems.
Our Impact:
Our team ensures that the loans purchased by Freddie Mac Multifamily follow the Optigo Lender Guide requirements, working with Lenders and their counsel to address any issues. We support the purchase of a high volume of loans while providing stellar customer service.
Your Impact:
* Review commercial loan closing documentation delivered by Optigo lenders
* Identify document discrepancies and provide reports to sellers for resolution
* Provide resolutions to an extensive range of complicated problems identified during review
* Represent the organization as the principal customer contact
* Interact with various business areas on significant technical matters frequently requiring coordination across organizational lines to fulfill the functions of the position
* Prioritize tasks based on business needs
Qualifications:
* 5 years of related experience
* College degree or equivalent experience
* Experience in reviewing loan documentation (paralegal experience, commercial/multifamily document experience)
* Closing experience
* Demonstrated experience in a role requiring attention to detail
* Strong Microsoft Office Suite Skills
Keys to Success in this Role:
* Meet tight deadlines on a consistent basis
* Strong written and verbal communication skills
* Must be a team player and enjoy working in a cooperative environment
* Ability to think outside of the box and flexibility in times of high volume
* Self-sufficiency; Aptitude for taking initiative to problem solve
* Strong Attention to Detail and work ethic
* Ability to build upon prior knowledge
* Strong attention to detail and work ethic
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 youll 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.
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
Job Category:Operations
FLSA Status:Non-Exempt
McLean, VA
Freddie Mac operates in the secondary mortgage market in the United States. The company purchases residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates in three segments: Single-family Guarantee, Multifamily, and Capital Markets. The Single-family Guarantee segment purchases, securitizes, and guarantees single-family loans; and manages single-family mortgage credit risk. This segment serves mortgage banking companies, commercial banks, regional banks, community banks, credit unions, housing finance agencies, savings institutions, and non-depository financial institutions.
The Multifamily segment engages in the purchase, sale, securitization, and guarantee activities in multifamily loans and securities through the issuance of multifamily K and SB certificates; issuing and guarantying other securitization products; issuing other credit risk transfer products; and provision of other mortgage-related guarantees, as well as post-construction financing to apartment project operators.
The Capital Markets segment invests principally in mortgage-related investments portfolio and single-family performing and re-performing loans. This segment serves banks and other depository institutions, insurance companies, money managers, central banks, pension funds, state and local governments, real estate investment trusts, brokers and dealers, and lenders. Freddie Mac was founded in 1970 and is headquartered in McLean, Virginia.