LEAN/MAP Loan Underwriter

Remote: 
Full Remote
Contract: 
Work from: 

Offer summary

Qualifications:

Bachelor's degree in finance, business, or a similar program., At least four years of FHA underwriting experience, specifically with Residential Healthcare loans., Must be an approved MAP or LEAN Underwriter with strong knowledge of real estate and mortgage finance terminology., Excellent analytical and technical writing skills, with the ability to manage multiple projects under tight deadlines..

Key responsabilities:

  • Perform underwriting due diligence reviews for loans related to residential healthcare facilities.
  • Review and analyze appraisals, credit histories, and financial statements to assess creditworthiness.
  • Underwrite complex transactions and ensure compliance with HUD's lending guidance.
  • Collaborate with team members and communicate findings effectively to both technical and non-technical audiences.

NuvoLogic Consulting logo
NuvoLogic Consulting Financial Services TPE http://www.nvlgc.com/
2 - 10 Employees
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Job description

NuvoLogic Consulting is a dynamic and rapidly growing management consulting firm based in Northern Virginia. We partner with public and private sector clients to deliver innovative, data-driven solutions. Our services include risk management; business analytics and data science to help management make insightful decisions; quantitative analysis developing financial and predictive models; internal controls, compliance and governance to ensure processes align with regulatory guidance; and process modernization to enhance, streamline and optimize processes. 

As a small business, every team member plays a vital role in our success.  We welcome inquisitive individuals who thrive in a collaborative, yet challenging environment and who are excited to work alongside other high-performing, solution-focused professionals. 

At NuvoLogic, we foster a culture of active involvement, professional growth, and mentorship. We offer meaningful opportunities for learning and development, paired with competitive compensation and a collaborative work environment where your ideas are valued and encouraged. You’ll have the chance to grow with us, take on new challenges, and be part of shaping our continued success. If you're a well-rounded, detail-oriented problem solver ready to make an impact, we invite you to bring your talents to NuvoLogic and do your best work here. 

Job Description

The Loan Underwriting Analyst position will perform underwriting due diligence reviews of loans for residential care facilities, assisted living facilities, and skilled-nursing facilities in support of the U.S. Department of Housing and Urban Development’s (HUD’s) Office of Healthcare Programs.  

Responsibilities

  • Review, analyze, or conduct underwriting due diligence for residential healthcare facilities to include review of: 
    • Appraisals of residential healthcare facilities, 
    • Physical condition reports of residential healthcare facilities, 
    • Credit histories and determining credit worthiness of multifamily borrowers, operators, and/or management agents, 
    • Financial statements of properties and participants, 
    • Quality of care issues/professional liability insurance in residential healthcare facilities. 
  • Review new and renewal loan applications to facilitate and ensure their compliance with HUD’s lending guidance per the Multifamily handbook 
  • Underwrite complex transactions with complicated borrower structures and unique property or market characteristics 
  • Monitor a loan pipeline and promptly complete underwriting review of new loans and resubmittals
  • Work in a team environment with other underwriters and closers to contribute to overall processing goals 
  • Work directly with lenders to ensure all loan documents are complete and shared in a timely manner 
  • Communicate analysis and conclusions in verbal and written formats for both technical and non-technical audiences 

Requirements

  • A bachelor’s degree in finance, business or similar program 
  • At least four years of FHA underwriting experience, with experience processing Residential Healthcare loans 
  • Must be an approved MAP or LEAN Underwriter 
  • Strong knowledge of real estate and mortgage finance terminology and concepts 
  • Excellent analytical skills and technical writing skills (including grammar, editing, and proofreading skills to draft underwriting narratives and loan committee packages) 
  • Ability to prioritize tasks with strong time management skills 
  • Strong organizational skills  
  • Work productively and accurately in a fast-paced environment with multiple projects and stringent deadlines. 
  • Organized and detail oriented 
  • Critical thinking and problem-solving skills. 
  • Accepting 1099 contractors

Benefits

  • Health Care Plan (Medical, Dental & Vision)
  • HSA, FSA, and Commuter Benefits
  • Life Insurance (Basic, Voluntary & AD&D)
  • Retirement Plan (401k, IRA)
  • Paid Time Off (Vacation, Sick & Public Holidays)
  • Short-Term & Long-Term Disability
  • Remote or Hybrid Work

Required profile

Experience

Industry :
Financial Services
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Other Skills

  • Analytical Skills
  • Critical Thinking
  • Organizational Skills
  • Problem Solving
  • Time Management
  • Communication

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