Multifamily Underwriting Analyst - Small Balance Loans

Freddie Mac
Arlington, Virginia
Feb 11, 2021
Mar 05, 2021
Full Time
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.

Position Overview:
If you are a smart, 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 is looking to add an Underwriting Analyst to its Southeastern Regional office. As an analyst on the SBL team, your role will be to support SBL underwriters by managing the inflow of new multifamily loan submissions and assisting in preliminary underwriting.
Our Impact:
  • Our group is responsible for underwriting Multifamily Small Balance Loans across the country, which are loans ranging from 1 to 7.5 million dollars
  • Innovate based on market behaviors while efficiently analyzing, mitigating, and clearly defining credit risk
  • Evaluating the overall story and making decisions on the credit risk profile
  • Interact respectfully with a diverse group of coworkers, lenders, and borrowers
  • Provide stability and liquidity to the multifamily housing market by contributing to Freddie Mac's mission-driven affordability goal

Your Impact:
  • Conducting inspections, both virtually and in person, of multifamily properties that will serve as collateral for new loans.
  • Reviewing incoming loan submissions for completeness and working directly with lenders to correct any deficiencies.
  • Evaluating the strengths and weaknesses of proposed loans from a credit or debt perspective.
  • Learning to identify risks in proposed loans by becoming proficient with Freddie Mac Multifamily's credit policy and lender guide.
  • Relationship development: You will work to build relationships with other SBL team members across the country, our business partners at Freddie Mac, and our Optigo lenders
  • Process improvement: You will help us constantly improve by looking for new ways to do things and providing feedback
  • Lifelong learning: Maintain a growth mindset to seek feedback, provide feedback, participate in training and learning opportunities, and take charge of your personal career development

  • Typically has BA/BS degree or equivalent professional experience, advanced degree preferred
  • 0-2 years of real estate experience
  • Knowledge of real estate property fundamentals and real estate lending/underwriting
  • Proficiency with Microsoft Excel and Word
  • Ability to travel domestically

Keys to Success in this Role:
  • Multi-task/prioritize
  • Relationship builder inside and outside of SBL
  • Harness the power of data to formulate and inform communications
  • Keep calm under pressure
  • Ability to take initiative and perform optimally with minimal direction
  • Adaptability and flexibility in times of change and uncertainty
  • Understanding of market trends in the industry and Freddie Mac's position in the market
  • Develop resolutions to problems of limited scope following specific and detailed procedures
  • Ability to learn multifamily underwriting technology systems and tools that are specific to Freddie Mac

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 and register with our referral code: MAC.

Time-type:Full time

Job Category:Underwriting

FLSA Status:Non-Exempt

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