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Multifamily Senior Underwriter; Targeted Affordable Housing

Job in McLean, Fairfax County, Virginia, USA
Listing for: Freddie Mac
Full Time position
Listed on 2026-07-08
Job specializations:
  • Finance & Banking
    Credit Analyst, Underwriter, Financial Analyst, Portfolio & Asset Management
Salary/Wage Range or Industry Benchmark: 131000 - 197000 USD Yearly USD 131000.00 197000.00 YEAR
Job Description & How to Apply Below
Position: Multifamily Senior Underwriter (Targeted Affordable Housing)

Position Overview

The nation’s greatest and most innovative secondary market Multifamily mortgage lender and issuer of securitized fixed income with an annual platform exceeding $80 billion is looking to add a Multifamily Underwriting Senior to the Targeted Affordable Housing team. The role focuses on underwriting Targeted Affordable Housing (TAH) loans across the nation.

Our Impact

Our team is responsible for underwriting TAH loans originated coast to coast by our nationwide network of Optigo Lenders.

Your Impact
  • You will build toward credit approval and closing individual mortgage loans collateralized by multifamily properties.
  • Accurately review and ensure concise, complete, and transparent Investment Briefs and ensure data quality for loan securitization.
  • Analyze and conclude on unique affordable housing pro‑forma property financial statement considerations, resolve transactional issues that arise in third‑party reports, work with Producers to structure deals, review borrower financial position, market analysis, property inspections, and present deals for approval as needed.
  • Develop resolutions to problems of limited scope following specific and detailed procedures.
  • Build strong relationships with Optigo Lenders.
Qualifications
  • Bachelor’s Degree in Real Estate, Finance, Economics, Business Administration, or related discipline or comparable amount of directly relevant professional experience.
  • 5+ years of related professional experience preferably in multifamily or commercial real estate finance.
  • Knowledge of real estate property fundamentals and real estate lending/underwriting.
  • Familiarity with target affordable housing debt structures and products (e.g., tax exempt loans, forward commitments, preservation rehabs, etc.) helpful.
  • Strong written and verbal communication skills.
  • Demonstrated proficiency with Microsoft Excel and Word.
  • Position requires travel for property inspections (10% or less).
Keys to Success in this Role
  • Strong interest in a commercial real estate career.
  • Excellent collaborator and phenomenal teammate, strong work ethic, and positive attitude.
  • Proficient multitasker that keeps calm under pressure.
  • Stay current on policies and regulations that may affect the industry and be comfortable with transition and change.

We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.

Please contact us to request accommodation.

This position is full‑time and exempt.

A comprehensive total rewards package includes competitive compensation and market‑leading benefit programs. This position has an annualized market‑based salary range of $131,000 – $197,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and will be based on the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.

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Position Requirements
10+ Years work experience
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