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Fannie Mae Contractor information

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$21.5K

$77.1K

$181K

How much do fannie mae contractor jobs pay per year?

As of Jun 12, 2026, the average yearly pay for fannie mae contractor in the United States is $77,086.00, according to ZipRecruiter salary data. Most workers in this role earn between $46,000.00 and $98,500.00 per year, depending on experience, location, and employer.

What is a Fannie Mae Contractor job?

A Fannie Mae Contractor is a professional or company hired to manage, repair, or maintain properties owned or backed by Fannie Mae. These contractors work on foreclosed or distressed properties to bring them up to market standards for resale. Responsibilities may include property inspections, renovations, maintenance, and compliance with Fannie Mae's guidelines. They must follow strict regulations to ensure the homes meet safety and habitability standards.

What are the key skills and qualifications needed to thrive in the Fannie Mae Contractor position, and why are they important?

To thrive as a Fannie Mae Contractor, you typically need expertise in mortgage lending, financial analysis, and regulatory compliance, often supported by relevant experience in finance or real estate. Familiarity with industry-standard platforms such as Desktop Underwriter (DU), loan origination systems, and understanding of Fannie Mae guidelines is important. Strong attention to detail, problem-solving abilities, and effective communication skills help contractors excel. These skills ensure contractors can accurately assess risk, maintain compliance with Fannie Mae requirements, and efficiently collaborate with teams and clients.

What does a typical day look like for a Fannie Mae Contractor?

A typical day for a Fannie Mae Contractor often involves reviewing mortgage loan files for compliance, analyzing financial documents, and ensuring adherence to Fannie Mae standards and guidelines. You may work independently or as part of a project team, collaborating regularly with underwriters, loan officers, and other financial professionals. Different projects can require flexibility, as priorities may shift based on deadlines or regulatory updates. This role provides valuable exposure to industry best practices and can lead to further career opportunities within mortgage lending or risk management.

What is the meaning of fannie?

Fannie Mae is a nickname for the Federal National Mortgage Association, a government-sponsored enterprise that supports the U.S. housing market by purchasing and guaranteeing mortgage loans. In the context of a Fannie Mae contractor, it typically refers to roles supporting or working with this organization or its programs. The term itself is not related to the job title but is associated with housing finance and mortgage lending industries.

Can a 70 year old woman get a 30 year mortgage?

Fannie Mae contractors, as part of mortgage lending standards, generally do not impose age restrictions on applicants. However, lenders may consider factors such as life expectancy and income stability, which could influence approval for a 30-year mortgage for a 70-year-old woman. It is advisable to consult with a lender to understand specific eligibility criteria and options available.

What is Fannie short for?

Fannie Mae is a nickname for the Federal National Mortgage Association, a government-sponsored enterprise that supports the mortgage market. The name is derived from the full name, and the organization plays a key role in providing liquidity for mortgage lenders. As a contractor working with Fannie Mae, understanding its mission and operations can be beneficial.

What is the definition of a fannie?

In the context of a Fannie Mae Contractor, the term 'Fannie' refers to Fannie Mae, a government-sponsored enterprise that provides liquidity to the mortgage market by purchasing and guaranteeing mortgage loans. Contractors working with Fannie Mae typically support its operations, compliance, or technology systems related to mortgage financing. Understanding Fannie Mae's guidelines and standards is important for contractors involved in housing finance projects.
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Fannie Mae Contractor jobs near you

Independent Contractor - Property Needs Assessor - Seattle, WA

Dominion Due Diligence Group

Seattle, WA • On-site

Contractor

Posted 8 days ago

Job description

Job Type
Contract
Description
Summary
D3G is seeking independent contractors to perform property inspections on multifamily apartments and nursing homes across the United States. Contractors will assess building systems, determine the immediate and long-term needs of the property, and provide a detailed written assessment. This is a per-project-based opportunity (1099 contract basis) with flexible scheduling and reimbursed travel.
Scope of Work
  • Inspect multifamily apartments and nursing homes
  • Assess building systems and conditions: mechanical, electrical, plumbing, structure, life safety, and handicap accessibility.
  • Identify current issues and estimate future capital needs.
  • Provide a written summary of the property assessment, including general conditions, ages, and quantities of building components, and provide all field notes & photos.
  • Review maintenance records to determine component replacement history.
  • Review of construction documents, if available.
  • Coordinate with property representatives; review building exteriors, common areas, mechanical spaces, and a sample of dwelling units.
  • Arrange and complete project-related travel
  • Communicate findings with D3G contacts.
  • Prepare written reports containing observations, recommendations, and cost estimates when requested under the contract.

Desired Background and Skills
  • Three to five years completing property condition assessments.
  • Experience with HUD guidelines, Fannie Mae, or Freddie Mac, a plus.
  • Intermediate knowledge of residential or commercial construction (general or trade-specific).
  • Proficiency in Microsoft Office (Excel, Word, Outlook).
  • Strong analytical and problem-solving skills.
  • Clear written and verbal communication.
  • Ability to stay organized and work independently.

Additional Valued Experience
  • Degree in engineering, construction management, architecture, or related field.
  • Military service (D3G is a certified V3-Virginia Values Veterans-company).
  • Experience in construction management, supervision, contracting, or skilled trades.
  • Intermediate knowledge of accessibility design requirements for individuals with disabilities (Fair Housing Act, ADA).
  • Intermediate knowledge of green building practices or certifications.

Contractor Terms
  • This is a remote independent contractor opportunity, not an offer of employment.
  • Contractors are responsible for managing their schedules, methods, and tools to complete assigned work.
  • Compensation is provided on a project or assignment basis.
  • Contractors are not eligible for employee benefits.
  • A written agreement will outline the scope, payment terms, and reimbursement of approved travel expenses.

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