Job Description

The primary role of this individual will be as a member of the Small Balance Loans Underwriting Team which consists of an Underwriters and Analysts.

Ready to bring your whole self to work every day?  At Walker & Dunlop, we didn’t get to where we are by hiring ordinary individuals.  We got here by hiring the exceptional!  WD is looking for individuals who are caring, collaborative, driven, insightful, and tenacious to join our team!

What you will be doing:

Collect and review the necessary due diligence items to assist the underwriter in closing each loan
Conduct site visits to assess the condition and quality of multifamily properties
Able and willing to travel as needed to perform necessary job duties including site inspections and client visits
Interact with the borrower, broker and team members to provide updates as progress is made towards loan closing 
Update the underwriting model as new operating data is received during the transaction process
Conduct reviews of market areas, property and site characteristics
Review of borrower and management qualifications
Expand knowledge and expertise of Fannie Mae Small Loan and Freddie Mac Small Balance Loan credit guidelines
Order and review third-party Appraisals, Engineering Reports, Seismic Reports, Phase I Environmental Assessments and Operations and Maintenance (O & M) Reports
Review third-party reports to determine any findings that could impact the proposed loan
Maintain organized and fully documented underwriting files on loans in process
Assist in the crafting of loan narratives for submission to the Chief Underwriter
Ensure that the underwriting team goals and initiatives are completed in a timely manner
Engage in post-closing activities as needed to ensure continued excellence in loan portfolio performance
Communicate and problem-solve daily with teammates, clients, vendors, and other stakeholders, often in combination with travel

Other skills related to building a career in Underwriting!

The education and experience we’re looking for:

Bachelor’s degree (Business or Finance Degree preferred)
2+ years of financial analyst experience with commercial real estate owner, broker, appraiser or financial institution required
Experience with GSE Multifamily lending (Fannie Mae & Freddie Mac) preferred
Excellent financial modeling skills including thorough knowledge of MS Excel
Proficient in MS Word and Outlook

What skills you should have:

Detail oriented, organized and accurate
Strong written and oral communication skills
Ability to handle multiple tasks
Passion for real estate
Ability to work productively in time sensitive situations

Good concept of financial analysis of income producing real estate

Good organization and analytical skills
Exhibit good teamwork and cooperation
General understanding of all major commercial real estate product types with an emphasis on multifamily properties
Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes
Courtesy, respect, and thoughtfulness in teaming with colleagues and other stakeholders

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