LEANMAP (HUD) Loan Underwriter

Work set-up: 
Full Remote
Contract: 
Experience: 
Senior (5-10 years)
Work from: 

Offer summary

Qualifications:

Bachelor's degree in finance, business, or related field., Minimum of four years of FHA underwriting experience, specifically in Residential Healthcare loans., Approved MAP or LEAN Underwriter certification., Strong knowledge of real estate, mortgage finance, and analytical skills..

Key responsibilities:

  • Review and analyze loan applications and supporting documents for residential healthcare facilities.
  • Conduct underwriting due diligence to ensure compliance with HUD guidelines.
  • Work with lenders to ensure timely and complete loan documentation.
  • Communicate analysis and conclusions clearly to technical and non-technical audiences.

NuvoLogic Consulting logo
NuvoLogic Consulting Financial Services TPE http://www.nvlgc.com/
2 - 10 Employees
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Job description

NuvoLogic Consulting is a dynamic and rapidly growing management consulting firm based in Northern Virginia. We partner with public and private sector clients to deliver innovative, datadriven solutions. Our services include risk management; business analytics and data science to help management make insightful decisions; quantitative analysis developing financial and predictive models; internal controls, compliance and governance to ensure processes align with regulatory guidance; and process modernization to enhance, streamline and optimize processes.

As a small business, every team member plays a vital role in our success. We welcome inquisitive individuals who thrive in a collaborative, yet challenging environment and who are excited to work alongside other highperforming, solutionfocused professionals.

At NuvoLogic, we foster a culture of active involvement, professional growth, and mentorship. We offer meaningful opportunities for learning and development, paired with competitive compensation and a collaborative work environment where your ideas are valued and encouraged. You’ll have the chance to grow with us, take on new challenges, and be part of shaping our continued success. If youre a wellrounded, detailoriented problem solver ready to make an impact, we invite you to bring your talents to NuvoLogic and do your best work here.

Job Description

The Loan Underwriting Analyst position will perform underwriting due diligence reviews of loans for residential care facilities, assisted living facilities, and skillednursing facilities in support of the U.S. Department of Housing and Urban Development’s (HUD’s) Office of Healthcare Programs.

Responsibilities

  • Review, analyze, or conduct underwriting due diligence for residential healthcare facilities to include review of:
        • Appraisals of residential healthcare facilities,
        • Physical condition reports of residential healthcare facilities,
            • Credit histories and determining credit worthiness of multifamily borrowers, operators, andor management agents,
            • Financial statements of properties and participants,
                • Quality of care issuesprofessional liability insurance in residential healthcare facilities.
                      • Review new and renewal loan applications to facilitate and ensure their compliance with HUD’s lending guidance per the Multifamily handbook
                          • Underwrite complex transactions with complicated borrower structures and unique property or market characteristics
                              • Monitor a loan pipeline and promptly complete underwriting review of new loans and resubmittals
                                  • Work in a team environment with other underwriters and closers to contribute to overall processing goals
                                      • Work directly with lenders to ensure all loan documents are complete and shared in a timely manner
                                          • Communicate analysis and conclusions in verbal and written formats for both technical and nontechnical audiences
                                            • Requirements

                                              • A bachelor’s degree in finance, business or similar program
                                              • At least four years of FHA underwriting experience, with experience processing Residential Healthcare loans
                                              • Must be an approved MAP or LEAN Underwriter
                                              • Strong knowledge of real estate and mortgage finance terminology and concepts
                                              • Excellent analytical skills and technical writing skills (including grammar, editing, and proofreading skills to draft underwriting narratives and loan committee packages)
                                              • Ability to prioritize tasks with strong time management skills
                                              • Strong organizational skills
                                              • Work productively and accurately in a fastpaced environment with multiple projects and stringent deadlines.
                                              • Organized and detail oriented
                                              • Critical thinking and problemsolving skills.
                                                  • Accepting 1099 contractors
                                                    • Benefits

                                                      • Health Care Plan (Medical, Dental & Vision)
                                                      • HSA, FSA, and Commuter Benefits
                                                      • Life Insurance (Basic, Voluntary & AD&D)
                                                      • Retirement Plan (401k, IRA)
                                                      • Paid Time Off (Vacation, Sick & Public Holidays)
                                                      • ShortTerm & LongTerm Disability
                                                      • Remote or Hybrid Work

    Required profile

    Experience

    Level of experience: Senior (5-10 years)
    Industry :
    Financial Services
    Spoken language(s):
    English
    Check out the description to know which languages are mandatory.

    Other Skills

    • Critical Thinking
    • Problem Solving
    • Analytical Skills
    • Organizational Skills
    • Time Management
    • Communication

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