Mortgage Administrator I - FHA Closer

Employer
M&T Bank
Location
Baltimore, MD
Posted
May 07, 2018
Closes
May 21, 2018
Function
Administrative
Hours
Full Time
M&T Realty Capital Corporation is a full-service mortgage banking company that specializes in providing competitive financing nationwide for commercial properties, including multifamily, healthcare facilities, office, industrial, retail, and student, senior, and military housing. As a wholly-owned subsidiary of M&T Bank-one of the 20 largest US headquartered commercial bank holding companies-we have direct access to commercial/multifamily mortgage capital markets, and are fully accredited lenders for: Fannie Mae DUS(R) Freddie Mac Program Plus(R) FHA/HUD Healthcare (LEAN) FHA/HUD Multifamily (MAP) Life insurance companies Conduit Basic Function Incumbent is responsible for performing various closing/delivery-related functions with respect to the multifamily mortgage loans that M&T Realty Capital Corporation ("M&TRCC") originates and services for HUD. Essential Position Responsibilities Perform various loan closing and delivery functions, including the following, in accordance with applicable HUD requirements: _ Review commitment letters and underwriting files, extracting critical information, necessary for closings; _ Facilitate effective coordination among all parties involved in closings (eg, M&TRCC, borrower-customer, M&TRCC's counsel, borrower's counsel, etc.); _ Perform escrow analyses; _ Prepare closing statements; _ Represent M&TRCC at closings; _ Coordinate post-closing, follow-up activities; _ Assemble and ensure delivery of all required loan documentation to any applicable third-party investor; Minimum Qualifications Bachelor's degree or the equivalent in work experience in the multifamily/commercial real estate industry At least 1 year of previous closing, loan administration, servicing, asset management, or underwriting experience relating to multifamily/commercial real estate loan transactions Experience with a wide variety of computer software applications, including Microsoft Office, Word, and Excel, as well as commercial loan information systems and internet applications is required Ideal Qualifications Previous experience with Fannie Mae, Freddie Mac, and/or HUD multifamily transactions is desired We encourage candidates with relevant military experience to apply About M&TAt M&T, we strive to be the best place our employees ever work, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T. As a top 20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful, conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future. Job Posting: Jan 3, 2018, 12:43:20 PM Unposting Date: Ongoing

Similar jobs