CBRE Underwriter in Seattle, Washington
Responsible for assisting the Chief Underwriter in evaluating loan requests, assessing key areas of risks and conformance with CMC, Fannie Mae MAH and Freddie Mac TAH credit standards and program requirements. Reviews and prepares field underwriting submissions for CMC loan committee and investor submission but mostly completes full underwriting packages for Fannie Mae and Freddie Mac Affordable Housing Products. ESSENTIAL DUTIES AND SCOPE OF RESPONSIBILITIES Responsible for credit and real estate analysis, processing incoming exhibits and preparing final delivery of full underwriting packages. Preparation of Borrower credit analysis including determination of net worth, liquidity, overall financial strength and acceptability of proposed borrower structure. Reviews, amends and/or creates Full Underwriting narrative and underwriting packages on new loan requests for both Fannie Mae and Freddie Mac transactions. Reviews underwriting due diligence information and integrates real estate information from market research reports and other third party sources. Interfaces and collaborates with department support staff i.e. production analysts, Closing team and others on an as needed basis. Reviews and submits post-closing underwriting loan delivery packages to Fannie Mae.Other duties as assigned.
No formal supervisory responsibilities in this position. Provides informal assistance such as technical guidance, and/or training to coworkers. May lead project teams and/or plan, and supervise assignments of lower level employees.To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Equal Opportunity and Affirmative Action Employer Women/Minorities/Persons with Disabilities/US Veterans
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