Updated 20 days ago

Fha Map Healthcare Underwriter

Baltimore, MD 21287

M&T Realty Capital Corporationis a full-service mortgage banking company that specializes in providing competitive financing nationwide for commercial properties, including multifamily, healthcare facilities, office, industrial, retail, and student, seniors, and military housing. We are a wholly-owned subsidiary of M&T Bank—one of the 20 largest US headquartered commercial bank holding companies—and offer the following financing options:
  • Fannie Mae DUS
  • Freddie Mac Optigo
  • FHA/HUD Healthcare
  • FHA/HUD Multifamily
  • Life insurance company
  • Conduit (CMBS)
  • Small Loan program
Top Ten HUD Lender * Top Five Fannie Mae Green Lender * Top Five Fannie Mae Seniors Lender


RCC Underwriter II specializing in either Agency Screening and Analysis, Agency Underwriting, FHA Map and Lean Underwriting, or Commercial Placement Underwriting.

Primary Responsibilities:
  • Position responsibilities include some or all of the following depending on product specialty:
  • Analyze/Spread operating statements for multifamily or commercial loan transactions in accordance with specific investor guidelines.
  • Responsible for accurate loan sizing and overall risk assessment prior to/or after application utilizing specific Investor underwriting guidelines and requirements.
  • Interview prospective borrowers and property managers to obtain critical property, management, and borrower details for each transaction.
  • Work closely with loan originators to help negotiate deal terms and resolve outstanding issues.
  • Interact with respective Investor Representatives (Fannie Mae, Freddie Mac, Life, HUD, etc) regarding loan transaction terms and waivers.
  • Inspect property in accordance with Investor guidelines (travel required-national).
  • Obtain and review all third party reports associated with each transaction as required by specific investor.
  • Completion of underwriting narrative/committee package.
  • Review of commitment letter and handoff to loan closing department.
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • Promote an environment that supports diversity and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.
Supervisory/ Managerial Responsibilities:

Indirect management/mentor of Agency loan processors or Junior FHA underwriters assigned to the transaction.

Education and Experience Required:
  • Bachelor's Degree or equivalent work experience and 5 years underwriting experience or related experience to include completion of multifamily inspection training (or similar work experience and credit training) or in lieu of a degree a combined minimum of 9 years' higher education and/or work experience including a minimum of 5 years underwriting or related experience to include completion of multifamily inspection training (or similar work experience and credit training).
  • Good verbal and written communication skills.
  • Good analytical skills.
  • Proficiency Excel and Word programs.
  • Ability to multi-task.
  • Strong verbal and written communication skills.
  • Strong analytical skills.
  • Affordable Housing Specific: Experience with taxable, tax-exempt, and preservation product types.
  • HUD Specific: MAP and/or Healthcare designations.
Education and Experience Preferred:

FHA MAP designation plus 232/LEAN certification desired.

M&T Offers:
  • Competitive salary + bonus
  • FT work remote option
  • Conferences and continuing education
  • Medical/Dental/Prescription/Vision/Life Insurance
  • Long & Short-Term Disability at no cost
  • PTO + 11 paid holidays/PTO buy
  • Health Savings & Flexible Spending Accounts
  • 401(k) with 5% match/Roth/Discretionary Employer Contribution
  • Stock Purchase Plan
  • Diversity & Inclusion Council
  • 14 Resource Group charters with 69 chapters
  • D&I Sponsorship Program
  • Wellness Programs
  • Employee Discounts
  • Dress for your day!

LocationBaltimore, Maryland, United States of America
Posting ID: 620592921Posted: 2021-05-25Job Title: Fha Map Healthcare Underwriter