Apply on Employer Site

NewPoint Real Estate Capital · 1 month ago

Underwriting Analyst

Irvine, CA, US

Full-time

Onsite

New Grad, Entry Level

$70K/yr - $80K/yr

NewPoint Real Estate Capital is seeking an Underwriting Analyst to support the evaluation and processing of loans for multifamily and mixed-use projects. The role involves analyzing property performance, market conditions, and borrower financials while collaborating closely with senior underwriters and production teams.

ConsultingFinancial ServicesReal Estate Investment

Responsibilities

Support underwriters (including Deputy Chief Underwriter and Chief Underwriter) in all aspects of deal processing

Assist in conducting initial research regarding the strengths and weakness of apartment markets by analyzing financial statements

Input a property’s specific financial information into our proprietary Excel workbooks and assist in evaluating property operations and performance in terms of occupancy, net income, and debt service coverage

Assist in the collection and review of all loan due diligence materials, including borrower and property financial statements

Assist in the coordination of site inspections. May be required to periodically attend and assist Underwriters in the completion of lease audits and other inspection related tasks

Evaluate property operations and performance in terms of occupancy, net income, and debt service coverage

Work with underwriter/senior underwriter in preparing underwriting narratives and credit memos for internal and agency approval

Analyze and evaluate borrower financial statements and schedule of real estate owned

Run credit reports and identify any potential issues in the reports

Assess market conditions and property-level risks to determine creditworthiness

Must be able to handle and prioritize multiple tasks

Able to communicate effectively both orally and in writing

Perform other financial and/or administrative tasks, as needed