Job Description

SF Condominium/Co-op Project Underwriter/Analyst at Fannie Mae summary:

The SF Condominium/Co-op Project Underwriter/Analyst plays a critical role at Fannie Mae by evaluating condominium and cooperative projects to ensure they meet Fannie Mae’s Project Standards. This position involves conducting detailed analyses of financial, legal, and inspection documents to determine eligibility and compliance with GSE guidelines. The role requires strong mortgage underwriting experience, regulatory knowledge, and effective communication skills to collaborate with lenders and homeowner associations.

Playing an essential role in the U.S. economy, Fannie Mae is foundational to housing finance. Here, your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.

Job Description

As a valued colleague on the operational team, you will play a critical role in ensuring Fannie Mae’s Project Standards requirements are met.

The Impact You Will Make:

• Conducting a thorough analysis of co-op and condominium projects to determine eligibility.
• Responding to inquiries and requests from lenders and homeowner associations regarding project eligibility issues.
• Proficiency in applying deep knowledge of Fannie Mae Selling Guide Part B, specifically Chapters B4-2 and B7, to assess compliance and provide guidance.
• Supporting the team in maintaining high standards of quality, accuracy, and timeliness in project reviews.

Minimum Required Skills & Qualifications

• Mortgage underwriting and risk analysis experience with a strong focus on GSE condominium/co-op project standards, including experience in evaluating complex documents such as financial statements, legal documents, litigation claims and engineering and inspection reports.
• Ability to apply complex solutions effectively to challenging issues
• Exceptional written and verbal communication skills to effectively convey complex information.
• A team-oriented approach with a keen eye for detail and a track record of delivering high-quality results.

Desired Skills & Qualifications

• Minimum of 2 years of experience in condominium/co-op project underwriting or analysis to GSE requirements.
• Strong analytical skills and the ability to interpret and apply regulatory guidelines effectively.
• Commitment to excellence in performance and quality, with a proactive approach to problem-solving.

Qualifications

Education:
Bachelor's Level Degree (Required)

The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.

For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.

Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, age, sexual orientation, gender identity/gender expression, marital or parental status, or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment, unless to do so would cause undue hardship to the company. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process, please complete this form .

The hiring range for this role is set forth below. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being. See more here .

Requisition compensation:
77000
to
95000

Keywords:

condominium underwriting, co-op project analysis, Fannie Mae standards, GSE guidelines, mortgage underwriting, housing finance, risk analysis, financial document review, regulatory compliance, project eligibility

Job Tags

Full time, Work at office,

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