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Company: Capital One
Location: Newport Beach
Posted on: May 3, 2021

Job Description:

Newport Center (61059), United States of America, Newport Beach, California

Commercial Real Estate - Underwriter II

Capital One is active in all aspects of the Commercial Real Estate arena with extensive experience in permanent and construction loans for a broad range of projects including multifamily housing, retail, office buildings, student housing, industrial and parking facilities.

Our Multifamily Finance Team is a part of Capital One's broader Commercial Real Estate Business (CRE) and in addition to generating loans for our balance sheet, is one of the largest originators of Fannie Mae, Freddie Mac and FHA loans. Supported by over 200 associates, we generated close to $10 billion in new loans for 2019.

**Responsibilities** **:**

+ Fully understands the procedural aspect of underwriting Conventional Agency loans from application to delivery and can accurately detail this out to stakeholders within the deal team

+ Navigates deals through underwriting process with minimal oversight

+ Correctly identifies all waivers/risks associated with the transactions and provides mitigated recommendation to discuss with their manager

+ Presents ideas for policy and process improvements to their manager

+ Shows ability to oversee, train and increase their own efficiency through the use of Analysts/Senior Analysts

+ Review work of analyst/senior analysts assisting on deals and prescreens

+ Higher level external exposure to borrowers and lender counsel

+ Provides analysis of Borrowers and Guarantors on deals, including organizational structures, financial and real estate schedule analysis

+ Completes property inspections that conform to Agency requirements

+ Presents fully completed and analyzed narratives with supporting risk mitigation to their manager

+ Works on special projects as deemed appropriate by their manager

+ Participates in structuring deals with manager and production to broaden product knowledge

+ Develops and foster relationships with agency counterparts

+ Interprets Fannie Mae/Freddie Mac product sheets and underwrite all transaction types, including fixed, floating, and supplementals

+ _Capital One is open to hiring a Remote Employee for this opportunity_

**Basic Qualifications** **:**

+ Bachelor's Degree or Military Experience

+ At last three years of Agency underwriting experience

**Preferred Qualifications** **:**

+ At least five years of experience as an Analyst in Agency Lending

+ Experience with Google Suite or Microsoft Office

_At this time, Capital One will not sponsor a new applicant for employment authorization for this position._

Keywords: Capital One, Newport Beach , Writer, Other , Newport Beach, California

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