{"id":27882,"date":"2012-11-16T21:34:26","date_gmt":"2012-11-17T01:34:26","guid":{"rendered":"http:\/\/jetwit.com\/wordpress\/?p=27882"},"modified":"2012-11-16T21:52:37","modified_gmt":"2012-11-17T01:52:37","slug":"job-fha-mortgage-credit-specialist-nyc","status":"publish","type":"post","link":"https:\/\/jetwit.com\/wordpress\/2012\/11\/16\/job-fha-mortgage-credit-specialist-nyc\/","title":{"rendered":"Job: FHA Mortgage Credit Specialist (NYC)"},"content":{"rendered":"<p><em>Thanks to JET Alum <strong>Hope Sterns<\/strong> for sharing this job opening. <\/em><em>Posted by <\/em><strong><em><a href=\"http:\/\/www.linkedin.com\/in\/monroekim\">Kay Monroe<\/a> (<a href=\"http:\/\/www.linkedin.com\/groups?mostPopular=&amp;gid=3755102&amp;trk=myg_ugrp_ovr\">Miyazaki<\/a>-shi, 1995 -97)<\/em><\/strong><em>. <a href=\"https:\/\/groups.google.com\/forum\/?hl=en&amp;fromgroups#!forum\/jetwitjobs\" target=\"_blank\">Click here<\/a> to join the <a href=\"https:\/\/groups.google.com\/forum\/?hl=en&amp;fromgroups#!forum\/jetwitjobs\" target=\"_blank\">JETwit Jobs Google Group<\/a> and receive job listings even sooner by email.<\/em><br \/>\n\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014<\/p>\n<p><strong><em>Position<\/em><\/strong><em>:\u00a0 <\/em><em>FHA Mortgage Credit Specialist <\/em><br \/>\n<em><strong>Posted by<\/strong>: <\/em><em>N\/A<\/em><br \/>\n<strong><em>Type<\/em><\/strong><em>: <\/em><em>N\/A<\/em><em><br \/>\n<strong>Location<\/strong><em>: <\/em><\/em><em>New York, NY<\/em><em><br \/>\n<strong>Salary<\/strong><em>: N\/A<\/em><br \/>\n<strong>Start Date<\/strong><em>: N\/A<\/em><\/em><\/p>\n<p><em><strong>Overview: <\/strong><\/em><br \/>\nA financial services and private investment group and one of the nation\u2019s leading providers of commercial mortgages for multifamily and healthcare properties seeks an FHA\u00a0Mortgage Credit Specialist.\u00a0 The firm is headquartered in New York City, with analytical groups located in Virginia, Maryland, Tennesee offices.\u00a0 Location is somewhat flexible, as long as near one of these offices. The ideal candidate will be a leader and team player, someone who can work in a collaborative environment and possesses drive, integrity, creativity, compassion and a strong work ethic.<\/p>\n<p><strong>FHA Mortgage Credit Specialist<\/strong><br \/>\nComplete mortgage credit analyses on individuals and companies seeking financing on commercial real estate.\u00a0 Review resumes, credit reports, and financial statements to determine credit worthiness and financial capacity consistent with established HUD criteria.\u00a0 Individual will work across established underwriting teams to provide this specialized skill on each deal underwritten by the firm.<!--more--><\/p>\n<p><strong>Principle Duties and Responsibilities<\/strong><br \/>\n1.\u00a0\u00a0\u00a0\u00a0 Research and review current and revised HUD mortgage credit policies and standards<br \/>\n2.\u00a0\u00a0\u00a0\u00a0 Analyze Credit Reports, Dun &amp; Bradstreet Business Reports, and key documentation<br \/>\n3.\u00a0\u00a0\u00a0\u00a0 Analyze Real Estate Owned (REO) and Debt Schedules and complete exit strategy analyses<br \/>\n4.\u00a0\u00a0\u00a0\u00a0 Review Financials and provide working capital and liquidity analysis, per HUD guidelines<br \/>\n5.\u00a0\u00a0\u00a0\u00a0 Evaluate key principals\u2019 experience and suitability based on OFAC, HUD databases, and references<br \/>\n6.\u00a0\u00a0\u00a0\u00a0 Identify credit issues that must be addressed and creatively brainstorm solutions, when appropriate<br \/>\n7.\u00a0\u00a0\u00a0\u00a0 Complete the mortgage credit sections for the HUD application submission<br \/>\n8.\u00a0\u00a0\u00a0\u00a0 Track maturing loans as potential refinance candidates and refer to origination teams for follow through<\/p>\n<p><strong>Experience, Skills and Abilities Required<\/strong><br \/>\n1.\u00a0\u00a0\u00a0\u00a0 Five or more years in a related field evaluating the credit worthiness of a borrower<br \/>\n2.\u00a0\u00a0\u00a0\u00a0 Single-family or Fannie Mae experience acceptable, multifamily and\/or HUD experience a plus.<br \/>\n3.\u00a0\u00a0\u00a0\u00a0 Excellent written and verbal communication with the appropriate balance of flexibility and persuasion<br \/>\n4.\u00a0\u00a0\u00a0\u00a0 Familiarity with small businesses, real estate finance and\/or loan structures.<br \/>\n5.\u00a0\u00a0\u00a0\u00a0 Strong quantitative, general accounting and finance skills.<br \/>\n6.\u00a0\u00a0\u00a0\u00a0 Strong organizational and time management skills with ability to meet strict deadlines.<br \/>\n7.\u00a0\u00a0\u00a0\u00a0 Excellent interpersonal and communication skills, able to work with diverse personalities.<br \/>\n8.\u00a0\u00a0\u00a0\u00a0 Advanced knowledge of Word and Excel.<br \/>\n9.\u00a0\u00a0\u00a0\u00a0 Creative thinker that enjoys the challenge of making transactions work while mitigating the underlying risk.<\/p>\n<p>Interested candidates should send a resume and cover letter to <a href=\"mailto:hopesterns@gmail.com\">hopesterns@gmail.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Thanks to JET Alum Hope Sterns for sharing this job opening. Posted by Kay Monroe (Miyazaki-shi, 1995 -97). Click here to join the JETwit Jobs Google Group and receive job listings even sooner by email. \u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014\u2014 Position:\u00a0 FHA Mortgage Credit Specialist Posted by: N\/A Type: N\/A Location: New York, NY Salary: N\/A Start Date: N\/A [&hellip;]<\/p>\n","protected":false},"author":85,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[3,1],"tags":[],"class_list":["post-27882","post","type-post","status-publish","format-standard","hentry","category-jobs","category-uncategorized"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pkZ7m-7fI","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/jetwit.com\/wordpress\/wp-json\/wp\/v2\/posts\/27882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jetwit.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jetwit.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jetwit.com\/wordpress\/wp-json\/wp\/v2\/users\/85"}],"replies":[{"embeddable":true,"href":"https:\/\/jetwit.com\/wordpress\/wp-json\/wp\/v2\/comments?post=27882"}],"version-history":[{"count":2,"href":"https:\/\/jetwit.com\/wordpress\/wp-json\/wp\/v2\/posts\/27882\/revisions"}],"predecessor-version":[{"id":27895,"href":"https:\/\/jetwit.com\/wordpress\/wp-json\/wp\/v2\/posts\/27882\/revisions\/27895"}],"wp:attachment":[{"href":"https:\/\/jetwit.com\/wordpress\/wp-json\/wp\/v2\/media?parent=27882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jetwit.com\/wordpress\/wp-json\/wp\/v2\/categories?post=27882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jetwit.com\/wordpress\/wp-json\/wp\/v2\/tags?post=27882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}