Lument · 1 day ago
Director, Underwriting
Columbus, OH
Full-time
Hybrid
Senior Level, Lead/Staff
10+ years expLument is a company focused on multifamily agency loan applications, and they are seeking a Director of Underwriting to oversee the underwriting process for Freddie Mac and Fannie Mae loans. The role involves preparing loan analyses, mentoring junior staff, and ensuring compliance with industry standards while managing complex transactions.
Commercial Real EstateFinanceReal Estate
Responsibilities
Prepares loan analyses and narratives consistent with Fannie Mae and Freddie Mac requirements
Demonstrates ability to prepare and deliver Freddie Mac CME submissions
Summarizes historical property operations
Performs credit and financial analysis of key sponsors
Reviews and approves third party reports including property appraisals, physical needs assessments, environmental reports, and zoning reports
Considerable travel involved to perform property inspections and market evaluations
When requested by the DCU, review loan screening packages from producers to ensure transaction terms are consistent with OREC, Fannie Mae and Freddie Mac requirements
Keeps up with industry trends and products offered by competitors
Performs other duties and projects as assigned
Mentors junior underwriters and underwriting analysts
Expected to underwrite more complex and nuanced transactions
Work professionally and harmoniously with team and coworkers, including delegating, as appropriate, aforementioned tasks to Underwriting Analysts
Travel Requirements – 50%
Other projects and duties as assigned
Qualification
Required
Bachelor's degree in Accounting, Finance, Economics, Real Estate, or other related fields from an accredited college/university
Minimum 10 years of experience in multifamily agency underwriting
Ability to read, analyze, and interpret complex legal documents and financial statements
Highly analytical thinking with demonstrated talent for identifying, scrutinizing, improving, and streamlining complex work processes
Results driven achiever with exemplary planning and organizational skills, along with high degree of detail orientation
Resourceful team player who builds trusting relationships with clients and colleagues
Proficiency in Microsoft Office and list other relevant systems or software
Excellent organizational, communication, presentation, and interpersonal skills
Ability to plan, organize, and prioritize assignments, and to meet critical and established deadlines; Ability to manage multiple assignments and transactions simultaneously
Demonstrated ability to maintain confidentiality and to use discretion in the performance of daily activities
Ability to learn quickly and demonstrated ability to work independently and as part of a high-performance team
Considerable travel involved to perform property inspections and market evaluations
Expected to underwrite more complex and nuanced transactions
Work professionally and harmoniously with team and coworkers, including delegating, as appropriate, aforementioned tasks to Underwriting Analysts
Travel Requirements – 50%
Preferred
Preferably 2-3 years of recent experience in with Freddie Mac CME underwriting submissions
Working knowledge and understanding of Fannie Mae DUS and Freddie Mac CME multifamily loan programs and underwriting requirements
Ability to interact and effectively communicate with internal and external customers, including loan analysts, senior management, borrowers, and vendors
Flexibility and ability to work under pressure with tight deadlines and constant interruptions; Ability to adjust priorities in a changing environment
Benefits
Healthcare and financial protection
Competitive vacation policy
Floating personal holidays
Extensive leave options
Annual observed holidays
Infertility coverage
Adoption support
Child and elder care
Fully paid maternity
Generous parental leave benefits
Hybrid working model with a 3 day in-office minimum requirement
Company
Lument
Lument offers custom capital solutions for investors in the multifamily, affordable housing, healthcare and commercial real estate sector.
501-1000 employees
H1B Sponsorship
Lument has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2022 (1)
Funding
Current Stage
Late StageTotal Funding
$160.3MKey Investors
Steve McGee
2022-02-01Debt Financing· $115M
2021-03-18Debt Financing· $33M
2021-03-17Debt Financing· $12.3M
Leadership Team
James P. (Jim) Flynn
Chief Executive Officer
Robert (Bob) Kirkwood
Chief Financial Officer
Recent News
2025-09-04
2025-04-21
2025-01-16
Company data provided by crunchbase