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FHA Associate Underwriter

Baltimore, MD, United States

M&T Realty Capital Corporation is a wholly owned subsidiary of M&T Bank. We create personalized commercial mortgage banking solutions to meet our clients needs, while working to provide consistent, high-quality service throughout the lending process and life of a loan.

With more than 40+ years of experience delivering creative financing solutions, our team is committed to providing consistent, high-quality service throughout the lending process and beyond. We align an array of options with a property investment to find the right solution for our clients needs.

* Multifamily* Affordable Housing* Healthcare & Seniors Housing* Commercial Real Estate

www.mtrcc.com

Overview:

Works directly with M&T Realty Capital Corporation's (M&T RCC) FHA Underwriters analyzing operating statements and rent rolls. Works with Underwriters to conduct initial review of third party reports and evaluate the transaction in accordance with FHA. Gathers all necessary information to populate the underwriting narrative and modeling templates and evaluates with senior underwriters against M&T RCC's risk appetite and our lending partners.

Primary Responsibilities:

* Provide entry level analytical support on a wide variety of assignments including market research, review of property operating statements, cash flow modeling, property valuation, sponsor credit review, and preparation of loan sizing packages that have identified the overall risk assessment of the transaction, as well as providing supportable mitigates to minimize any risk identified* Assist Senior Members of the team with all aspects of the loan underwriting process* Review pertinent program guides to ensure that the property qualifies for the program and review what is required for the approval.* Keep current on guide changes.* Attend necessary training and other enrichment opportunities.* Interact directly with customers and other members of the RCC team.* Complete other related duties as assigned.

Education and Experience Required:

Associate's Degree or equivalent work experience and 1 year of underwriting or related experience to include completion of multifamily inspection training (or similar work experience and credit training) or in lieu of a degree a combined minimum of 3 years' higher education and/or work experience including a minimum of 1 year underwriting or related experience to include completion of multifamily inspection training (or similar work experience and credit training).

Ability to multi-task

Good verbal and written communication skills

Good analytical skills

Proficiency with Excel and Word programs

Ability to multi-task

Education and Experience Preferred:

Basic knowledge of Finance and/or commercial real estate preferred.

M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $26.50 - $44.16 Hourly (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.

Location:

Baltimore, Maryland, United States of America

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