2 LIHTC Lender jobs

JOB SUMMARY   The position supports the underwriting process for permanent financing of mortgage and tax- exempt bonds secured by multifamily affordable housing developments within the State of California. Specific tasks include site inspections, appraisal review, pro-forma analysis, analysis of sponsor’s financial statements, and assisting with the preparation of loan underwriting credit packages. The position will also assist in analyzing existing commitments in the process of converting and funding to verify accuracy of underwriting at commitment. Interface extensively with team members and some sponsor/borrowers as analysis is performed.  PRINCIPAL RESPONSIBILITIES   Assist in the underwriting of permanent debt on affordable multi family rental projects utilizing 9% tax credits and 4% credits in tax exempt bond transactions within California. Analyzes project pro-forma sources/uses, appraisal, market studies, environmental reports, sponsor...

JOB SUMMARY   The position requires management of the underwriting process for permanent financing of mortgage and tax-exempt bonds secured by multi family affordable housing developments within the State of California. Specific tasks include site inspections, appraisal review, pro-forma analysis, analysis of sponsor’s financial statements, and preparation of loan underwriting credit submissions to be presented to loan committee for credit approval. The loan officer will also perform conversion analysis to verify accuracy of underwriting at commitment. Interface extensively with sponsor/borrowers as well as loan administration in documenting and closing loans/bonds. PRINCIPAL RESPONSIBILITIES     Underwrites permanent debt on affordable multi family rental projects utilizing 9% tax credits and 4% credits in tax exempt bond transactions within California. Analyzes project pro-forma sources/uses, appraisal, market studies, environmental reports,...