Careers at CPC

 

Mortgage Analyst

Under moderate supervision, the Mortgage Analyst will work closely with the Manager of Freddie Mac Lending and Mortgage Officers on preliminary evaluation of loan applications to determine Freddie Mac eligibility. The Mortgage Analyst will assist in evaluation of proposed loans for credit risk, negotiate and obtain deal approvals.

Roles and Responsibilities:

  • Analyze and underwrite complex multifamily real estate transactions, including but not limited to, reviewing third party reports, borrower financial positions, market analysis, property condition and presenting deals for approval.
  • Make decisions on Program eligibility and if appropriate work with Freddie Mac, following established guidelines, on loan request submission.
  • Provide day-to-day financial, market and underwriting analysis of multifamily loans.
  • Review and evaluate loan files for risk issues and potential misrepresentation.
  • Evaluate the degree and seriousness of data discrepancies and takes appropriate action.
  • Work with Freddie Mac underwriters upon final submission of loan to Freddie Mac.
  • Identify and gather pertinent information on economics of properties to be used in evaluating Program eligibility.
  • Review files for completeness and identifies critical missing information.
  • Review and comprehend Freddie Mac loan requirements and stays current on changes made by the agency.
  • Perform other related duties as assigned.

Skills and Experience:

  • Bachelor’s degree in Finance, Economics Real Estate or other related field.
  • Minimum of 3 years of commercial loan underwriting experience; knowledge of Freddie Mac product is required.
  • Knowledge and understanding of Freddie Mac guidelines including applying Freddie Mac credit parameters in order to minimize credit risk.
  • Exceptional analytical, problem solving and organizational skills.
  • Ability to work in a fast-paced environment.
  • Moderate to advanced Microsoft Office skills, primarily Excel.
  • Effective written and oral communication skills as well as excellent interpersonal skills.

Apply here: https://home2.eease.adp.com/recruit/?id=18346422

 

CPC has offices throughout NY State, and opportunities may become available for Mortgage Officers, Assistant Mortgage Officers, as well as support & clerical staff. If you have any questions, please contact Brenda Barnaby  , Human Resources at 646-822-9327.

The Community Preservation Corporation is an Equal Opportunity Employer and all employment-related decisions including recruitment, selection, evaluation, promotion, compensation, training and termination are made without regard to race, creed, color, national origin, sex, disability, marital status, status as a veteran, sexual orientation or gender identity, or any other protected status.