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Underwriter - Multifamily
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- As a Multifamily/Affordable Housing Underwriter, you will review new applications, monitor the receipt of all due diligence from the borrower, analyze financial feasibility of new transactions, including construction, acquisition, and refinance loans, prepare applications for approval by the Bank's Loan Committee, and ensure the loan is documented to bank and secondary market guidelines where applicable.
- Review third-party reports including appraisals, engineering, seismic, Phase I environmental assessments, and operations & maintenance (O&M) plans.
- Deliver a comprehensive underwriting narrative to loan committee to garner a credit decision.
- 5+ years of multifamily underwriting; affordable housing experience preferred.
- Requires an experienced understanding of the multifamily real estate lending process.
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