SonicJobs Logo
Left arrow iconBack to search

Commercial Real Estate Finance Associate

BWE
Posted 25 days ago, valid for 18 days
Location

Cleveland, OH 44193, US

Salary

$30,000 - $36,000 per year

info
Contract type

Full Time

By applying, a Sonicjobs account will be created for you. Sonicjobs's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.

Sonic Summary

info
  • This position supports mortgage bankers in originating Fannie Mae and Freddie Mac market rate and affordable housing transactions.
  • Candidates should have a Bachelor's Degree in Business, Finance, or Accounting, and experience in financial analysis of multifamily and income properties is beneficial.
  • The role involves conducting preliminary screenings, reviewing client materials, and preparing loan packages for submission.
  • Applicants should be proficient in Microsoft Excel and possess excellent communication skills, with the ability to work both independently and as part of a team.
  • The position offers a competitive salary, and while specific salary details are not mentioned, prior experience in commercial real estate is considered a plus.

Summary:

This position supports mortgage bankers responsible for originating Fannie Mae and Freddie Mac market rate and affordable housing transactions including multifamily, MHC, students and seniors’ products.  This position will provide the foundation necessary to succeed in mortgage banking and provide exposure to a variety of career paths and opportunities within the BWE growing platform.

Major Responsibilities:

  • Conduct the preliminary screening and structuring of Agency lending opportunities.
  • Reviewing materials provided by clients and ensure needed information for preliminary loan analysis is received.
  • Assessing the strengths and weaknesses of a transaction.
  • Reviewing and analyzing deal and borrower information to determine the best execution to match a client's financing needs.
  • Staying current with Fannie Mae DUS and Freddie Mac Optigo Guidelines and Programs.
  • Preparing preliminary loan packages for presentation and submission to the BWE credit committee and Agencies as required. Submit to the Senior Associate or Team Lead for review.
  • Participating in the transition of loans from application to underwriting.
  • Developing and maintaining internal and external relationships to ensure a timely and efficient loan submission process.
  • Special projects as needed.

Minimum Requirements:

  • Experience in the financial analysis (cash flow modeling, market, property, and borrower analysis) of multifamily and other income properties is beneficial.
  • Experience with Fannie Mae DUS and Freddie Mac Optigo transactions is beneficial. 
  • Commercial real estate experience is a plus.
  • Bachelor’s Degree required with a major in Business, Finance or Accounting.
  • Possess computer literacy and have a strong working knowledge of Microsoft Excel (including developing complex financial models), Word, PowerPoint, and Adobe Acrobat
  • Ability to operate effectively in a team environment as well as able to work independently.
  • Ability to meet deadlines and work in a fast-paced environment.
  • Excellent written and verbal communication skills.
  • Highly attentive to detail and accuracy.

We encourage you to explore the career opportunities we have available here at BWE!




Learn more about this Employer on their Career Site

Apply now in a few quick clicks

By applying, a Sonicjobs account will be created for you. Sonicjobs's Privacy Policy and Terms & Conditions will apply.

SonicJobs' Terms & Conditions and Privacy Policy also apply.