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Northmarq · 1 day ago

Agency Underwriter – Affordable/Conventional

Dallas, TX

Full-time

Onsite

Mid Level

3+ years exp

Northmarq is a unique capital markets resource for commercial real estate investors, and they are seeking an experienced Underwriter with affordable experience to join their Agency team. This role involves managing various aspects of the loan process, including underwriting analysis, due diligence, and preparing transaction narratives while collaborating with diverse stakeholders.

Real Estate Investment

H1B Sponsor Likely

Responsibilities

Review prescreen packages for Affordable deals before they are submitted to the Freddie Mac TAH and Fannie Mae MAH team for a quote

Prepare or review underwriting template and narratives summarizing the loan structure, transaction strengths and identified risks, and present the final package for internal and Agency approval. Ensure the underwriting package meets Agency requirements

Analyze operating history, budget, property rent roll, and other financial information to verify the proforma and loan request aligns with Agency’s quote and guidelines

Review Borrower structure to identify all appropriate parties to complete mortgage credit due diligence, and complete an org chart to meet Agency requirements

Review and analyze the Key Borrower Principal's real estate schedule, financial statements, and other due diligence documents to ensure compliance with Agency requirements

Review third-party reports to ensure compliance with Agency guidelines (appraisal, environmental, engineering, zoning, etc.)

Monitor transaction status to manage Production and Borrower expectations and anticipate, avoid, or solve any potential transaction-related problems

Coordinate with the internal insurance team and Agency to obtain insurance approval, including waiver approval, if necessary

Coordinate the closing of the transaction between Production, attorneys, and the title company on Freddie Mac transactions

Participate in calls with Production and Borrower and/or legal to discuss transaction details, issues, and borrower structure

Conduct site visits with the Borrower, Production, and consultants, as needed

Draft Application and Commitment Letters, Rate Lock Agreements/Trade Authorizations

Assist in final loan package delivery or pre-purchase matters

Keep apprised of shifts in the commercial real estate world, including Agency credit parameters and requirements

Qualification

Agency UnderwritingFannie Mae transactionsFreddie Mac transactionsReal Estate FinanceMicrosoft OfficeClient service-orientedProblem-solvingAttention to detailWritten communicationVerbal communication

Required

3-5 years of Agency Underwriting experience, including Fannie MAH and Freddie TAH transactions

Knowledge of Agency program requirements

Bachelor's degree in Real Estate Finance, Accounting, Business Administration, or a related field

Strong organizational skills with the ability to handle multiple assignments while meeting deadlines

Client service-oriented mindset with excellent problem-solving abilities. Ability to manage/underwrite multiple transactions at once

Demonstrated work ethic and willingness to work extended hours when necessary

Excellent written and verbal communication skills

High level of integrity, confidentiality, and professionalism

Strong computer knowledge with Microsoft Office applications, in particular Word, Excel, and Adobe. Salesforce proficiency is a plus

Ability to travel for site inspections, as required

Benefits

Medical

Dental

Vision

Paid time off

401K match

Annual discretionary contribution based on business performance

Paid parental leave

Adoption assistance

Education assistance

Volunteer paid time off

Charitable contribution match

Company

Northmarq

Glassdoor4.1

As a company built on the founding principle of integrity, we’re invested in your success.

Founded in 1960

Minneapolis, Minnesota, USA

1001-5000 employees

http://www.northmarq.com

H1B Sponsorship

Northmarq 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

2025 (7)

2024 (2)

2023 (1)

2022 (1)

2020 (1)