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Multifamily Loan Underwriter
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- The Multifamily Loan Underwriter contributes to the success of the financing program through robust analytical assessment of the sponsor, project and market feasibility of each transaction.
- Manage relationship with developers, lenders, banks, equity providers, public funding agencies and other stakeholders involved in the creation and preservation of affordable housing in the District of Columbia
- Responsible for the intake of detailed loan applications and supporting documentation required for the underwriting and assessment of affordable housing development and rehabilitation projects financing.
- Procure third party due diligence reports and negotiate contracts for appraisals, environmental site assessments (ESA), architectural cost reviews, physical needs assessments, and market studies
- Coordinate the closing process by working with the developer, bond investor, LIHTC syndicator, legal counsel, and other funding sources such as public agencies and subsidy providers
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