Location: New York,NY, USA
Newmark is in search of Underwriters with 3-5+ years of commercial underwriting experience with GSE affordable loans. The Underwriter's primary responsibilities will be to provide day-to-day financial, market, and underwriting analysis of affordable multifamily loans. This is an excellent opportunity to be thoroughly educated about the underwriting of multifamily mortgages, to have extensive contact with our clients, and to train under the premier programs (Fannie Mae and Freddie Mac). This position affords the opportunity to work closely with our Senior Credit team and Originators on the structuring and underwriting of affordable transactions.
The position requires prior DUS underwriting experience with extensive familiarity of Fannie Mae and Freddie Mac Multifamily MAH/TAH Guides and Affordable product types (Preservation, LIHTC, Tax-Exempt Bonds, Section 8, etc.)