Talent.com
Agency Underwriter - Affordable/Conventional
Agency Underwriter - Affordable/ConventionalNorthmarq • Dallas, TX, US
Agency Underwriter - Affordable / Conventional

Agency Underwriter - Affordable / Conventional

Northmarq • Dallas, TX, US
30+ days ago
Job type
  • Full-time
Job description

Job Description

Job Description

At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan servicing, and fund management. We offer you a career path with best-in-class training, and we foster inclusive teams committed to collaboration, mentoring, and growth. At Northmarq, we will help you unlock your potential – whether you are an industry veteran or you're just getting started. Your new career is waiting. Start something special today. Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate!

Northmarq is seeking an experienced Underwriter with affordable experience to join our Agency team. This individual will play a key role in managing various aspects of the loan process, from application to closing. Responsibilities include providing analysis related to underwriting, due diligence, evaluating property and market data, and preparing comprehensive transaction narratives. The candidate will work closely with a diverse group including Production, Borrowers, Freddie Mac / Fannie Mae personnel, legal counsel, vendors, and asset management. This position requires a strong analytical mindset, exceptional attention to detail, excellent written and verbal communication skills, and a commitment to delivering top-tier customer service while upholding quality control standards.

  • This position is an in-office position, with an immediate start date.

Position Responsibilities :

  • Review prescreen packages for Affordable deals before they are submitted to the Freddie Mac TAH and Fannie Mae MAH team for a quote
  • Prepare or review underwriting template and narratives summarizing the loan structure, transaction strengths and identified risks, and present the final package for internal and Agency approval. Ensure the underwriting package meets Agency requirements
  • Analyze operating history, budget, property rent roll, and other financial information to verify the proforma and loan request aligns with Agency's quote and guidelines
  • Review Borrower structure to identify all appropriate parties to complete mortgage credit due diligence, and complete an org chart to meet Agency requirements
  • Review and analyze the Key Borrower Principal's real estate schedule, financial statements, and other due diligence documents to ensure compliance with Agency requirements
  • Review third-party reports to ensure compliance with Agency guidelines (appraisal, environmental, engineering, zoning, etc.)
  • Monitor transaction status to manage Production and Borrower expectations and anticipate, avoid, or solve any potential transaction-related problems
  • Coordinate with the internal insurance team and Agency to obtain insurance approval, including waiver approval, if necessary
  • Coordinate the closing of the transaction between Production, attorneys, and the title company on Freddie Mac transactions
  • Participate in calls with Production and Borrower and / or legal to discuss transaction details, issues, and borrower structure.
  • Conduct site visits with the Borrower, Production, and consultants, as needed.
  • Draft Application and Commitment Letters, Rate Lock Agreements / Trade Authorizations
  • Assist in final loan package delivery or pre-purchase matters.
  • Keep apprised of shifts in the commercial real estate world, including Agency credit parameters and requirements.
  • What We're Looking For :

  • 3-5 years of Agency Underwriting experience, including Fannie MAH and Freddie TAH transactions
  • Knowledge of Agency program requirements
  • Bachelor's degree in Real Estate Finance, Accounting, Business Administration, or a related field
  • Strong organizational skills with the ability to handle multiple assignments while meeting deadlines
  • Client service-oriented mindset with excellent problem-solving abilities. Ability to manage / underwrite multiple transactions at once
  • Demonstrated work ethic and willingness to work extended hours when necessary
  • Excellent written and verbal communication skills
  • High level of integrity, confidentiality, and professionalism
  • Strong computer knowledge with Microsoft Office applications, in particular Word, Excel, and Adobe. Salesforce proficiency is a plus
  • Ability to travel for site inspections, as required
  • Northmarq offers a highly competitive benefits package including : medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and so much more!

    #LI-Onsite #LI-SY1

    Create a job alert for this search

    Underwriter • Dallas, TX, US

    Related jobs
    Mortgage Underwriter

    Mortgage Underwriter

    American National Bank of Texas • Plano, TX, United States
    Full-time
    The Mortgage Underwriter evaluates loan applications by industry and business unit standards to support the extension of credit for residential and residential construction loans based on agency an...Show more
    Last updated: 30+ days ago • Promoted
    Commercial Underwriter II

    Commercial Underwriter II

    Busey Bank • Frisco, TX, United States
    Full-time
    The Commercial Underwriter provides accurate, timely, and succinct credit underwriting to support the company's portfolio management and new business development efforts for the Relationship Manage...Show more
    Last updated: 30+ days ago • Promoted
    Underwriter II

    Underwriter II

    VirtualVocations • Grand Prairie, Texas, United States
    Full-time
    A company is looking for an Underwriter II to join their operations team.Key Responsibilities Underwrite Bridge, Renovation, Ground-Up Construction, and DSCR loans according to company guidelines...Show more
    Last updated: 30+ days ago • Promoted
    Underwriter I

    Underwriter I

    AmTrust Financial • Dallas, TX, United States
    Full-time
    The Underwriter administers the underwriting and servicing of renewal accounts for brokers and producers assigned within the territory in compliance with company underwriting, authority, and pricin...Show more
    Last updated: 16 days ago • Promoted
    Senior Underwriter, Commercial Insurance Specialty

    Senior Underwriter, Commercial Insurance Specialty

    Chubb • Dallas, TX, US
    Full-time
    Underwriter, responsibilities will include managing a renewal book and generating new business.The position will be responsible for driving profitable growth with assigned agents and brokers.Produc...Show more
    Last updated: 28 days ago • Promoted
    Senior Underwriter - Texas Licensed

    Senior Underwriter - Texas Licensed

    VirtualVocations • Mesquite, Texas, United States
    Full-time
    A company is looking for a Senior Servicing Underwriter to manage the underwriting of various loan types according to established guidelines. Key Responsibilities Review mortgage applications and ...Show more
    Last updated: 2 days ago • Promoted
    Underwriter, Property

    Underwriter, Property

    Chubb • Dallas, TX, US
    Full-time
    The Property Underwriter will manage a property renewal book while also producing new business.The position will primarily be focused on underwriting mono-line property opportunities.However, the u...Show more
    Last updated: 28 days ago • Promoted
    Agency Sr. Underwriter Affordable

    Agency Sr. Underwriter Affordable

    KeyCorp • Dallas, TX, US
    Full-time
    Affordable Housing Underwriting Specialist.The selected candidate will be responsible for performing comprehensive due diligence and underwriting activities for Fannie Mae, Freddie Mac, and Private...Show more
    Last updated: 21 days ago • Promoted
    Mortgage Conventional Underwriter

    Mortgage Conventional Underwriter

    First United Bank • Plano, TX, US
    Full-time
    We have a great team of friendly, talented and inspiring people at First United.As a learning organization, we take pride in offering exciting opportunities for employees to grow and follow their p...Show more
    Last updated: 6 days ago • Promoted
    Senior Underwriter - Texas

    Senior Underwriter - Texas

    Better • Irving, TX, US
    Full-time
    Better is reimagining home finance and making it faster, cheaper, and easier for everyone to become a homeowner.We leverage creative technology and innovation to make the home buying journey more a...Show more
    Last updated: 14 days ago • Promoted
    Underwriter

    Underwriter

    American Communities • Plano, TX, US
    Full-time
    Are you detail-driven with experience in underwriting, credit analysis, or property leasing?.American Communities is hiring an. In this role, you will apply underwriting expertise to assess applican...Show more
    Last updated: 30+ days ago • Promoted
    Senior Underwriter

    Senior Underwriter

    AmTrust Financial • Dallas, TX, United States
    Full-time
    The Senior Underwriter administers the underwriting of new business submissions for agencies within their assigned territory. Completes work in compliance with company underwriting, authority, and p...Show more
    Last updated: 30+ days ago • Promoted
    Underwriter Agency - Affordable

    Underwriter Agency - Affordable

    KeyCorp • Dallas, TX, US
    Full-time
    Perform due diligence and underwriting activities for Fannie Mae, Freddie Mac and Private Placement Affordable mortgage loans. This is not a remote or virtual position, and the candidate will be req...Show more
    Last updated: 30+ days ago • Promoted
    Underwriter I

    Underwriter I

    AAA • Coppell, TX, US
    Full-time
    This position performs standard duties in reviewing, analyzing, and evaluating insurance risks on new and enforce policies. In addition, this position renders subjective decisions regarding acceptab...Show more
    Last updated: 8 days ago • Promoted
    Wholesale Mortgage Underwriter

    Wholesale Mortgage Underwriter

    VirtualVocations • Garland, Texas, United States
    Full-time
    A company is looking for an Underwriter, Wholesale, Specialty Products.Key Responsibilities Underwrite loans according to company and investor guidelines Perform thorough analysis of collateral ...Show more
    Last updated: 17 hours ago • Promoted • New!
    Underwriter - Texas

    Underwriter - Texas

    Better • Irving, TX, US
    Full-time
    Better is reimagining home finance and making it faster, cheaper, and easier for everyone to become a homeowner.We leverage creative technology and innovation to make the home buying journey more a...Show more
    Last updated: 14 days ago • Promoted
    Underwriter

    Underwriter

    AmTrust Financial • Dallas, TX, United States
    Full-time
    We are looking for an Underwriter 1 to join our Core Renewal Team! As an Underwriter, you and your assigned underwriting assistants will be the first point of contact for our brokers and agents.You...Show more
    Last updated: 1 day ago • Promoted
    Sr. Commercial Lines Underwriter

    Sr. Commercial Lines Underwriter

    W.R. Berkley • Irving, TX, US
    Full-time
    Sr Commercial Lines Underwriter.Berkley Southwest offers commercial property and casualty products and services through independent agents in Arizona, Arkansas, New Mexico, Oklahoma and Texas.We ma...Show more
    Last updated: 30+ days ago • Promoted