McLean, IL

At Freddie Mac, you will do important work to build a better housing finance system and you’ll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation. As part of Freddie Mac’s return to the office pilot, all employees, contingent workers and visitors must be fully vaccinated against COVID-19 in order to be on-site unless they have an approved accommodation. Position Overview: If you are a hard-working, motivated, and intellectually driven professional with a passion for commercial real estate (CRE) and finance, Freddie Mac Multifamily is the employer for you! The nation’s greatest and most innovative secondary market Multifamily mortgage lender and issuer of securitized fixed-income with an annual platform exceeding $70 billion is looking to add a Multifamily Senior Underwriter to the Targeted Affordable Housing team. At Freddie Mac, you will do important work to build a better housing finance system and you’ll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation. **This position is a hybrid work schedule, requiring 2 days in the office and 3 days remote** Our Impact: Our team is responsible for underwriting Targeted Affordable Housing (TAH) loans originated coast to coast by our network of Optigo Lenders We are innovators in the industry by evaluating the story and making decisions based on the credit risk profile and finding creative ways to mitigate risks Your Impact: You will build toward credit approval and closing individual mortgage loans collateralized by multifamily properties Accurately review and ensure concise, complete, and clear Investment Briefs and ensure accurate data quality for loan securitization Analyze and conclude on unique affordable housing pro forma property financial statement considerations, resolve transactional issues that escalate in third party report, work with Producers to structure deals, review borrower financial position, market analysis, property inspections, present deals for approval as needed Communicate daily with external customers and internal business partners, including Underwriting leadership, Production, Legal, and Capital Markets to resolve issues as they arise through the underwriting process to achieve shared success Mentoring and training of underwriting staff Qualifications: 5-6+ years of related professional experience, preferably in multifamily or commercial real estate finance Bachelor’s Degree in Real Estate, Finance, Economics, Business Administration, or related discipline or comparable amount of directly relevant professional experience Knowledge of real estate property fundamentals and real estate lending/underwriting (especially for GSE) Strong written and verbal communication skills Position requires travel Keys to Success in this Role: Strong interest in a commercial real estate career Excellent collaborator and phenomenal teammate Sense of humor, strong work ethic, and positive attitude Great multitasker Keep calm under pressure Stay current on policies and regulations that may affect the industry and be comfortable with transition and change Current Freddie Mac employees please apply through the internal career site. Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you’ll do important work for the housing finance system and make a difference in the lives of others. We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation. Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.Time-type:Full timeJob Category:UnderwritingFLSA Status:Exempt Freddie Mac provides anticipated base salary ranges where required by law. This employer is a corporate member of myGwork - LGBTQ+ professionals, the business community for LGBTQ+ professionals, students, inclusive employers & anyone who believes in workplace equality.