Loan Officer/Fannie Mae Underwriter Posted Feb 14
Massachusetts Housing Partnership , Boston, MA
 
The Massachusetts Housing

Partnership (MHP) is a national leader in affordable housing

finance and a primary lender in Massachusetts for the financing of

affordable and mixed-income rental housing.MHP is a mission-driven

non-profit public agency and an approved Fannie Mae MAH lender, FHA

MAP lender, and FHA Risk-Sharing lender with over $1.2 billion in

credit lines from Massachusetts banks.We are seeking an experienced

real estate professional to join our team of affordable housing

lenders.

Responsibilities: Independently underwrite

loans, conduct site visits, review and analyze third party reports,

and present final narrative analysis to internal and external loan

committees and MHP's board of directors for approval.Manage

relationships with borrowers during the underwriting and closing

process.Manage Fannie Mae credit submission and underwriting review

process, working with MHP's Chief Underwriter.

Qualifications:The ideal candidate will have at

least 5 years' experience underwriting multifamily loans including

at least 2-3 years' experience underwriting loans with a Fannie Mae

DUS lender.Thorough working knowledge of the Fannie Mae guidelines

and product lines (e.g. M.TEB, SARM, ROAR, LIHTC forward products)

is strongly preferred.Ability to analyze complex ownership

structures, accurately assess market dynamics, and underwrite

complicated real estate finance structures (mixed-use condos,

ground leases, senior use restrictions, sub/mezz debt, etc.) is

essential.Strong analytical and Excel skills and excellent

communications and presentation skills are required.Must be very

organized and detail-oriented.A thorough working knowledge of

affordable housing programs is preferred.Bachelor's degree is

required.

Salary:Commensurate with experience.MHP

provides a comprehensive benefits package including health, life,

dental, and disability insurance, flexible spending accounts, a

public transportation benefit, and a fully vested employer-matched

retirement plan.Excellent team-oriented work environment.MHP is an

Equal Opportunity Employer.

To apply: Please send a cover letter

(required) and resume to Ivette Timberlake, MHP,

160 Federal Street, Boston, MA02110.Fax: .E-mail:

Employment Type: Permanent

TO APPLY
Click here to apply - Please mention that you saw the job on Bostonjobs4u.com

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