Job Description
Reports To
Multifamily Loan Originator
Job purpose
This position supports an originator responsible for sourcing multifamily market rate and affordable loans from Fannie Mae, Freddie Mac, FHA, proprietary, and third-party capital.
Duties and responsibilities
Preliminary screening and structuring of Fannie Mae, Freddie Mac, HUD, proprietary, and third-party capital loan opportunities;
Performing market surveys and other preliminary due diligence;
Reviewing materials provided by borrowers and ensuring required information for loan analysis is received;
Modeling property cash flows;
Preparing real estate tax analysis;
Assessing the strengths and weaknesses of a loan opportunities;
Determining viable loan executions and financing alternatives for customers;
Preparing preliminary loan packages;
Developing and maintaining internal and external lending relationships to ensure a timely and efficient loan submission process;
Maintaining a working knowledge of the underwriting requirements of the Fannie Mae, Freddie Mac, FHA, and third-party lending partners;
Communicating efficiently and effectively with external clients on behalf of multifamily loan originator; and
Other reasonable tasks and services in connection with your position.
Qualifications
Proactive posture and eager disposition with a keen interest in all things multifamily real estate;
Bachelor's degree in finance, real estate, engineering, economics and/or mathematics preferred;
1-3 years' relevant experience;
Experience with market rate and affordable housing transactions is preferred;
Experience with Fannie Mae, Freddie Mac, and/or HUD lending preferred;
Computer literacy with a strong working knowledge of Microsoft Excel (including developing complex financial models), Word, PowerPoint, and Adobe Acrobat;
Ability to operate effectively in a team environment as well as able to work independently;
Ability to meet deadlines and work in a fast-paced environment;
Demonstrate a proven track record of managing competing priorities;
Excellent written and verbal communication skills; and
Highly attentive to detail and accuracy.
Location/In-Office Expectations
NewPoint is in the process of opening a permanent office in the Salt Lake City metro area, which will likely be near Park City. In the interim, Multifamily Real Estate Analyst role will be hybrid and require in-office attendance during training period at a to be determined coworking space in Salt Lake City with team members. NewPoint Real Estate Capital LLC
Job Tags
Permanent employment, Interim role,