Description
- Originate, underwrite, package, and appraise real estate and prepare investment proposals, with particular emphasis on multi-family business.
- Knowledge of investment standards, criteria, and program requirements, including money availability of institutional investors.
- Understands the closing and servicing function of the correspondent system.
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Key relationships will be established with real estate owners/borrowers, investors, lenders, brokers, bankers, contractors, and other real estate groups. Additionally, interactions with attorneys, environmental specialists, surveyors, and title companies are crucial.
- Education: A four-year college degree, preferably with a major in real estate finance or business. An MBA degree is desirable.
- Work Experience: A minimum of three years of experience as a CRE mortgage banker or equivalent.
- Strong verbal and written communication skills, with an ability to articulate thoughts effectively.
- Proven problem-solving skills, successfully originating real estate investment transactions aligning with the needs of both the property owner and the investor.
- Ability to fully analyze all aspects of an investment from both the property owner's and investor's perspectives.
- Expertise in negotiation with personal connections to major local real estate owners and investors.
- Knowledge of multi-family loans and familiarity with Agency business (Fannie Mae and Freddie Mac) is a plus.
- Active Memberships in local and national industry organizations.
- Willingness to engage in frequent local travel with occasional out-of-state travel.
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