Senior Underwriter

Senior Underwriter

Walker & Dunlop is a leading provider of capital to the commercial real estate industry, committed to creating meaningful social, environmental, and economic change in our communities.

GSE Underwriting is responsible for pre-screening and underwriting all Fannie Mae and Freddie Mac loans.

A Senior Underwriter is responsible for underwriting mortgages on income‑producing property in the company’s multi‑family agency lines to support the achievement of the company’s loan production goals. The primary accountability is conducting a comprehensive and thorough analysis of each transaction, resulting in a prudent decision on whether to extend credit to a borrower. Timely completion of all responsibilities is critical to our business success;

senior underwriters are expected to work quickly and efficiently in moving loans from application to commitment and closing.

• Underwriting
  • Establish underwriting timeline with the loan officer and closing coordinator.
  • Oversee generation of borrower’s checklist and introduce borrower to the information requirements.
  • Select contractors and initiate necessary third‑party reports (e.g., appraisal, environmental, engineering).
  • Conduct a due diligence review of issues related to the property’s market, location, condition, borrower, and principal mortgage credit issues.
  • Conduct a critical review of the appraisal, market analysis, property description, real‑estate tax analysis, zoning analysis, and comparable properties.
  • Review engineering and environmental reports, including seismic studies, market studies, and other necessary reports.
  • Conduct site and market visits.
  • Summarize the transaction by preparing a presentation for the Loan Committee.
• Management
  • Directly oversee and train an underwriting analyst.
  • Manage timecard and PTO approval for the analyst.
  • Train analyst on day‑to‑day underwriting tasks and credit review.
  • Participate in the analyst’s review process.
  • Communicate and problem‑solve daily with teammates, clients, vendors, and other stakeholders.
• Perform other duties as assigned.
• Attendance is generally required from 8:30 am – 5:30 pm local time, Tuesday through Thursday, with the option to work remotely on Mondays and Fridays.

• Bachelor’s degree required.
• 5+ years of relevant experience, including market factors for multifamily property, occupancies, rent levels, expense items, and experience with appraisers and engineering/environmental firms.
• Underwriting experience with Fannie Mae and Freddie Mac required.

• Diverse underwriting knowledge and industry awareness.
• Strong analytical skills and ability to evaluate data quickly.
• Excellent interpersonal and presentation skills.
• Commitment to innovation and change, with initiative to accomplish change.
• Ability to develop and execute solutions to complex issues and transactions.
• Extensive multifamily experience across financial and product executions.
• Business management experience and capacity for leadership in closing deals.
• Ownership of work, willingness to take on challenges, and openness to growth.
• Courtesy, respect, and thoughtfulness in teaming with colleagues and stakeholders.

This position has an estimated base salary of $95,000 – $110,000 plus discretionary bonus.

• Opportunity to join one of Fortune Magazine’s Great Places to Work winners (2015‑2023).
• Comprehensive benefit options earning Walker & Dunlop the silver level of the 2022 Cigna Healthy Workforce Designation™.
• Up to 83% subsidized medical payroll deductions.
• Competitive dental and vision benefits.
• 401(k) + match.
• Pre‑tax transit and commuting benefits.
• Robust health and wellness program featuring cash rewards and resources to promote health, engagement, and balance.
• Paid maternity and parental leave, and other family paid leave programs.
• Company‑paid life, short‑ and long‑term disability insurance.
• HSA and HCFSA.
• Career development opportunities.
• Volunteer hours and donation matching.
• Eligibility may vary based on average hours worked.

We are committed to equity in all steps of the recruitment and employment…