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Full Time Multifamily Underwriter Jobs (NOW HIRING)

SitusAMC

Associate, CRE Underwriting

New York, NY · On-site

$140K - $150K/yr

... multifamily, hospitality, and industrial properties throughout the United States. The candidate ... The annual full time base salary range for this role is $140,000.00 - $150,000.00 Specific ...

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Full Time Multifamily Underwriter information

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$32.5K

$78.9K

$139.5K

How much do full time multifamily underwriter jobs pay per year?

As of Aug 7, 2026, the average yearly pay for full time multifamily underwriter in the United States is $78,878.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,000.00 and $87,000.00 per year, depending on experience, location, and employer.

What is the difference between Full Time Multifamily Underwriter vs Commercial Real Estate Underwriter?

AspectFull Time Multifamily UnderwriterCommercial Real Estate Underwriter
CredentialsTypically requires finance, real estate, or related degrees; certifications like CCIM or CPM are commonSimilar credentials; often holds finance or real estate degrees and certifications
Work EnvironmentPrimarily in banking, lending institutions, or real estate firms focusing on multifamily propertiesWorks in banks, investment firms, or lending institutions focusing on various commercial properties
Industry UsageCommonly employed in multifamily housing finance sectorUsed across broader commercial property sectors including office, retail, and industrial

While both roles involve evaluating real estate investments, a Full Time Multifamily Underwriter specializes in multifamily housing projects, whereas a Commercial Real Estate Underwriter covers a wider range of commercial properties. The core skills and credentials overlap, but their focus and industry segments differ.

What are some common challenges faced by full time multifamily underwriters, and how can new hires prepare for them?

Full Time Multifamily Underwriters often encounter challenges such as evaluating complex financial statements, balancing risk assessment with market opportunities, and keeping up with frequently changing regulations. New hires can prepare by staying current on multifamily lending guidelines, developing strong analytical skills, and building effective communication with loan officers, appraisers, and property managers. Proactively seeking mentorship and continuous training can also help in handling the diverse and dynamic nature of multifamily underwriting.

What is a full time multifamily underwriter?

A Full Time Multifamily Underwriter is a professional who evaluates and assesses loan applications for multifamily properties, such as apartment complexes. Their primary role is to analyze financial documents, property appraisals, and market conditions to determine the risk and eligibility of borrowers seeking financing. They work closely with lenders, investors, and sometimes real estate developers to ensure that loans are sound and align with the institution's guidelines. This position requires strong analytical skills, attention to detail, and knowledge of real estate and lending practices. Full-time underwriters typically work regular business hours within banks, mortgage companies, or other financial institutions.

What are the key skills and qualifications needed to thrive as a full time multifamily underwriter?

To excel as a Full Time Multifamily Underwriter, you need strong analytical skills, a deep understanding of real estate finance, and typically a bachelor's degree in finance, business, or a related field. Familiarity with underwriting software, financial modeling tools such as Excel, and knowledge of loan origination systems are essential. Attention to detail, effective communication, and sound judgment are vital soft skills for evaluating risk and negotiating with stakeholders. These competencies ensure accurate risk assessment, compliance, and successful loan origination in a competitive real estate market.
What cities are hiring for Full Time Multifamily Underwriter jobs? Cities with the most Full Time Multifamily Underwriter job openings:
What are the most commonly searched types of Multifamily Underwriter jobs? The most popular types of Multifamily Underwriter jobs are:
Full Time Multifamily Underwriter jobs near you

Multifamily Underwriting Analyst - Irvine, CA

Freddie Mac

Irvine, CA • On-site

$68K - $102K/yr

Full-time

Posted 20 days ago

Freddie Mac rating

9.2

Company rating: 9.2 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

Job description

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Continue your career journey where your work contributes to a greater purpose.

Position Overview:

Do you want to fast track your career? Are you an adept communicator with internal and external stakeholders? We are looking for an analytical Rockstar to join our fast-paced and hardworking Freddie Mac Multifamily Underwriting team. We're looking for someone who is smart, a fast learner, strong with numbers and can hustle. Apply now to contribute to our mission of Making Home Possible.

Our Impact:

  • We are responsible for underwriting conventional multifamily loans originated by our Production partners

  • Innovate based on market behaviors while efficiently analyzing, mitigating, and clearly defining credit risk

  • Evaluating the overall story and making decisions on the credit risk profile

Your Impact:

  • Build toward credit approval and closing individual mortgage loans collateralized by multifamily properties

  • Accurately prepare concise, complete, and clear Investment Briefs for loan approval and loan commitment

  • Apply company principles/policies and critical thought to complete assigned tasks accurately, completely, and in a timely manner

  • Collaborate and communicate with external and internal business partners to solve problems and achieve shared success

Qualifications:

  • Bachelor's degree in real estate, finance, economics, business administration, or related field

  • 0 - 2 years of related work experience in the commercial/multifamily real estate industry

  • Knowledge of real estate property fundamentals and real estate lending/underwriting

  • Strong written and verbal communication skills

  • Ability to travel domestically

Keys to Success in this Role:

  • Multi-task/prioritize

  • Relationship builder inside and outside of multifamily underwriting

  • Harness the power of data to formulate and inform communications

  • Keep calm under pressure

  • 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.

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.

This position has an annualized market-based salary range of $68,000 - $102,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.Employment Type: FULL_TIME

What Freddie Mac employees say

Pay

Hours and flexibility

Workplace

Get the full story on Breakroom

Freddie Mac logo

About Freddie Mac

Sourced by ZipRecruiter

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

McLean, VA, US

Year founded

1970

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