Underwriting Analyst - Target Affordable Housing

Freddie Mac is seeking a highly motivated and talented individual to join our team as an Underwriting Analyst for Target Affordable Housing. In this role, you will have the opportunity to make a meaningful impact by analyzing and underwriting affordable housing loan applications, ensuring compliance with Freddie Mac's policies and procedures. We are looking for someone with a strong understanding of the affordable housing market, excellent analytical skills, and a passion for promoting affordable housing opportunities for all individuals and families. If you are looking for a challenging and rewarding career with a leading financial institution, we encourage you to apply for this exciting opportunity!

1. Analyze and underwrite affordable housing loan applications to assess risk and determine eligibility for Freddie Mac's policies and procedures.
2. Conduct thorough due diligence and financial analysis to ensure compliance with regulatory requirements and internal guidelines.
3. Utilize specialized knowledge of the affordable housing market to identify potential risks and opportunities.
4. Collaborate with internal teams and external stakeholders to gather necessary information and documentation for loan underwriting.
5. Provide accurate and timely recommendations for loan approvals or denials based on analysis and underwriting findings.
6. Ensure all underwriting decisions are in compliance with company policies and procedures.
7. Maintain a deep understanding of Freddie Mac's products and services, as well as industry trends and regulations related to affordable housing.
8. Communicate effectively with clients, partners, and colleagues to provide exceptional customer service and support.
9. Identify and implement process improvements to increase efficiency and effectiveness of loan underwriting.
10. Act as a subject matter expert on affordable housing for internal and external stakeholders.
11. Participate in training and development opportunities to continually enhance knowledge and skills.
12. Maintain accurate and detailed records of all underwriting activities and decisions.
13. Adhere to deadlines and prioritize workload in a fast-paced environment.
14. Demonstrate a commitment to promoting affordable housing opportunities for all individuals and families.
15. Represent Freddie Mac in a professional and positive manner at all times.

According to JobzMall, the average salary range for a Underwriting Analyst - Target Affordable Housing in McLean, VA, USA is $76,000-$84,000 per year. However, this can vary depending on factors such as experience, education, and the specific company or organization you are working for.

Federal Home Loan Mortgage Corp. provides liquidity, stability and affordability to the U.S. housing market primarily by providing credit guarantee for residential mortgages originated by mortgage lenders and investing in mortgage loans and mortgage-related securities.