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Responsibilities:
Work in a fast paced environment to provide timely feedback to clients & internal stakeholders
Knowledge of Agency loan programs and relevant agency underwriting experience
Executing brokered transactions to capital sources outside of Capital One including debt funds, life insurance companies, CMBS firms and local and regional banks
Input historical operating statements and rent rolls into Loan Calc Models
Size and structure loans based on Freddie Mac and Fannie Mae programs (as well as balance sheet, FHA, CMBS and Life Co. programs occasionally)
Generate loan screening memos for Credit approval prior to submission to Freddie and Fannie for quotes. This analysis will require the following: 1) basic borrower analysis (org structure and financial analysis); 2) description of loan request and exceptions/waivers; 3) market analysis 4) property description; 5) NOI discussion
Reviewing Primary due due diligence for conventional multifamily finance executions.
Drafting loan application letters and assisting with generation and collection of required due diligence information; will work closely with Underwriting on the due diligence items as well as coordinating third party report quotes, inspections, etc.
Completing market and borrower research to assist the production marketing plans
Responsible for interaction with borrowers to collect due diligence, and advance deals.
Attend borrower meetings and conferences
Overall, support and help grow the business of the Newport Beach Origination teams
Maintain tracking system for refinance opportunities
Oversee borrower analysis (org structure and financial analysis, description of loan request and exceptions and waivers, market analysis, property description and NOI discussions)
Review quotes provided by Fannie and Freddie
Work closely with Underwriting, Closing and the Origination team to solve problems and ensure a smooth transaction for each client
Basic Qualifications:
Bachelor’s degree or military experience
At least 2 years of experience in Commercial Real Estate
Preferred Qualifications:
At least 1 year of experience underwriting Fannie Mae and Freddie Mac loans
. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
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