Already a Member? Sign In

Loan Analyst - Dallas Jobs

Dallas, Texas
<p> Analyst/Associate is responsible for assisting and supporting loan production functions, including: financial compilations; review of third party reports; underwriting analysis; preparation of sections of the underwriting narrative; processing loan exhibits; document collection and transmittal; and, client relations. Support underwriting staff working on a pipeline of complex Multifamily/Affordable MAP transactions. Work directly with underwriters/loan originators and clients as necessary throughout the due diligence process.</p><p> </p><p> Essential Job Functions</p> Assists underwriting staff throughout the due diligence process. The FHA Processor/Analysts will be assigned a pipeline of transactions working directly with FHA underwriter in an effort to see deals through the MAP underwriting process. Processing, including detailed review of all third-party reports associated with each transaction type and completing sections of the underwriter narrative. Early identification of processing/underwriting issues and risks. Ability to perform all production duties of FHA Loan Processing. Analysis of investment real estate organizational documents, financial statements, rent rolls, evidence of site control, mortgage credit, and other finance related exhibits used in connection with preparing an application package. At times performing project and comparable property inspections as assigned. Maintains Closer system with status of assigned transactions. Completion of closing handoff requirements and coordination with closing and asset management as needed. Provides guidance and assistance on loan proposals, as needed. Participate in ad hoc internal committees. Process a pipeline of complex multifamily and affordable housing transactions. Develops and maintain strong relationships with FHA/ HUD offices and counterparts. Performs other duties and projects as assigned.<p> Qualifications:</p> Bachelors degree in Accounting, Finance, Economics, and/or related field required. Minimum of one to two years of Multifamily experience with the FHA 221 (d) 4 loan program and familiarity with construction lending practices is desirable. Associate must have three to four years minimum experience. Knowledge of the FHA processing and underwriting standards and requirements. Demonstrated significant FHA MAP multifamily processing experience is required with MAP Approval. HUD 232/LEAN experience is desirable, but not required. Familiarity with affordable housing policies and underwriting practices ideal.<p> Salary is up to 90K</p>
Apply here