Underwriter - Multifamily Affordable

Overview

Underwriter - Multifamily Affordable

Job

Posted 02-Sep-2025

Service line:
Advisory Segment

Role type:
Full-time

Areas of Interest:
Capital Markets

Location(s):
Atlanta - Georgia - United States of America, Boston - Massachusetts - United States of America, Seattle - Washington - United States of America, Washington, D.C.

- District of Columbia - United States of America

About the Role:

As a CBRE Underwriter, you will be responsible for assisting the Chief Underwriter, Deputy Chief Underwriter and Senior Underwriter in evaluating Multifamily Affordable Housing loan requests, assessing key areas of risks and conformance with CMC, Fannie Mae and Freddie Mac credit standards and program requirements. Prepares underwriting submissions for loan committee. Strong work ethic and drive for excellence are essential to join this high-performance team.

• Responsible for credit and real estate analysis, processing incoming exhibits and preparing final delivery underwriting packages. Preparation of Borrower credit analysis including determination of net worth, liquidity, overall financial strength and acceptability of proposed borrower structure.
• Prepares narrative and underwriting packages on new loan requests.
• Reviews underwriting due diligence information and integrates real estate information from market research reports and other third-party sources.
• Trains, plans and supervises assignments of underwriting analysts.
• Interfaces and collaborates with other internal teams, including production analysts, insurance and closing.
• Apply general knowledge of standard principles and techniques/procedures to accomplish assigned tasks and solve problems.
• Lead by example and model behaviors that are consistent with CBRE RISE values.
• Explain complex information to others in clear work products.

• Bachelor’s degree and 2+ years’ experience in the evaluation of commercial real estate properties including property inspections, reviewing financial statements, and underwriting loan transactions. Willingness to travel as needed.
• Experience underwriting Targeted Affordable Housing loans with a Fannie Mae DUS Lender or Freddie Mac TAH Seller/Servicer is highly desirable.
• Candidates must possess a strong work ethic, excellent written communication and analytical skills, must be detail-oriented and possess the ability to work effectively with other team members and Freddie Mac/Fannie Mae in a fast-paced environment.
• Strong organizational skills required. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information.
• Requires knowledge of financial terms and principles. Requires intermediate analytical and quantitative skills to conduct financial analysis.
• Ability to comprehend, analyze, and interpret documents.
• Ability to use existing procedures to solve standard problems.
• Experience with analyzing information and standard practices to make judgments.
• In-depth knowledge of Microsoft Office products. Examples include Word, Excel, Outlook, etc.
• Strong inquisitive mindset.
• In addition to a resume, please submit a cover letter outlining your interest in Multifamily Affordable Housing and how your professional as well as academic background is relevant.

When you join CBRE, you become part of the global leader in commercial real estate services and investment that helps businesses and people thrive. We are dynamic problem solvers and forward-thinking professionals who create significant impact. Our collaborative culture is built on our shared values — respect, integrity, service and excellence — and we value the diverse perspectives, backgrounds and skillsets of our people.

At CBRE, you have the opportunity to chart your own course and realize your potential. We welcome all applicants.

We value human interaction to understand each candidate's unique experience, skills and aspirations. We do not use artificial intelligence (AI) tools to make hiring decisions, and we ask that candidates disclose any use of AI in the application and interview process.

Applicants must be currently authorized to work in the United…