Multifamily Bridge Loan Underwriter

We are seeking experienced and analytical professionals to join our team as a Multifamily Bridge Loan Underwriter. Join us and be part of a dynamic environment where you can leverage your expertise in real estate finance while contributing to high-impact investment decisions.

Job Description

We are seeking a Multifamily Bridge Loan Underwriter to support the evaluation and structuring of real estate financing opportunities, with a focus on multifamily assets. This role involves analyzing financial data, developing models, and contributing to investment decisions across complex loan transactions. You will play a key role in delivering strategic financing solutions in a fast-paced, collaborative environment.

Responsibilities

Loan underwriting for all real estate asset classes, specifically prior experience with Multifamily loan underwriting. Prior Bridge Multifamily or Fannie/Freddie Underwriting is preferred
Assist with drafting of investment memoranda and presentations to various investment committees for approval, including investors, Monticello’s credit committee, and leverage providers
Prescreening of potential transactions, and review of personal financial statements. Model metrics include loan sizing, loan structuring, calculating projected income, DSCR, global cash flow, and loan to value ratios
Assist in the preparation of term sheets and letters of intent to prospective borrowers
Develop financial models for the evaluation of bridge loan opportunities, reviewing potential transactions for the proper balance of feasibility and risk
Perform due diligence and assist in the review of collateral, draft credit memo, loan documents, and other legal documents for working capital loans
Conduct background checking and KYC review (Know Your Customer) on all parties to the transaction including but not limited to the Sponsor, Operator, Management, Builders, Guarantors, etc.
Oversee the financial and operational due diligence process for loan transactions including ordering and evaluating appraisals, market studies, project capital need assessments, environment studies, analysis of corporate and personal financial statements, third party credit reports for the project and its Principals, insurance policies and endorsements and any other document(s) needed as part of the underwriting process
Interface and resolve open issues with clients, outside attorneys, and other stakeholders involved in a particular transaction to obtain required documentation as part of the loan underwriting, review and closing process
Calculate and interpret investment returns (i.e.- IRR, NPV, ROI, ROE)
Analyze borrower provided operating and capital expense budgets to ensure that all operational information is captured in the financial model and reporting packages
Review and analyze historical and projected financial data and operational assumptions for feasibility and stress test scenarios. Heavy pro-forma analysis and budgetary financial review
Create financial and marketing presentations for general marketing purposes and distribute private placement offering materials to prospective financial investors and/or loan participants
Facilitate closing of loans including coordinating with title companies, banks, borrowers and investors
Compile and analyze market trends
Other ad hoc projects related to improving process efficiency, developing technology platforms, reporting tools, and internal analysis capability

Minimum Qualifications

Bachelor’s Degree
Highly proficient excel skills
Strong finance, credit, healthcare, legal real estate and/or business background
Established organizational skills and ability to simultaneously handle multiple projects
Extensive computer skills including Excel, Word and PowerPoint
Strong oral and written communication skills, advanced financial analytical proficiency, and solid interpersonal skills
A desire to learn and grow within the Real Estate Finance industry complimented by an inquisitive and proactive personality

Date Posted:

1 week ago

Location:

Remote

Title:

Multifamily Bridge Loan Underwriter 

Job Type:

Full-time

Category:

Non-Clinical

Account:

Voice and non-voice accounts

Shift:

Night Shift

Experience Level:

5+ years’ related work experience as a Real Estate Financial Analyst or Loan Underwriter