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.
As part of Freddie Mac’s return to the office pilot, all employees, contingent workers and visitors must be fully vaccinated against COVID-19 in order to be on-site unless they have an approved accommodation.
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 its Regional Office 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.
If you are an analytical team player who is interested in a multifamily commercial real estate career, please submit your application to join our exciting and dynamic organization!
**This position is a hybrid work schedule requiring two days in office
Our Impact:
We are responsible for underwriting multifamily conventional loans structured and quoted by our Production partners and managing the loan transaction process from quote acceptance to loan approval, commitment, rate-lock and loan purchase.
Innovate based on market behaviors while efficiently analyzing, mitigating, and clearly defining credit risk
Evaluate the overall story and make decisions based on the credit risk profile
Provide stability and liquidity to the multifamily housing market by supporting Freddie Mac’s mission-driven affordability goals
Your Impact:
Build toward credit approval and closing individual mortgage loans collateralized by multifamily properties
Analyze and evaluate due diligence documentation related to sponsor, property characteristics, operating history, property inspection, market, etc. and use this information to develop a pro forma income and expense statement
Prepare concise, complete, and transparent Investment Briefs for loan approval and commitment and ensure accurate data quality for loan securitization
Apply company principles/policies and critical thought to complete assigned tasks accurately, completely, and in a timely manner
Collaborate and communicate with external and internal business partners to solve problems and achieve shared success
Qualifications:
Bachelor’s degree in real estate, finance, economics, business administration, or related field
1 to 3 years of related work experience in the commercial/multifamily real estate industry
Knowledge of real estate property fundamentals and real estate lending/underwriting
Strong written and verbal communication skills
Proficient with Microsoft Excel and Word
Ability to travel domestically
Keys to Success in this Role:
Multi-task/prioritize
Relationship builder, excellent collaborator, and ability to work well within a team
Harness the power of data to formulate and inform communications
Keep calm under pressure
Be comfortable with transition and change
Strong work ethic / positive demeanor
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.
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:Underwriting
FLSA Status:Non-Exempt
Freddie Mac provides anticipated base salary ranges where required by law.