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Multifamily Underwriter Jobs (NOW HIRING)

THE IMPACT YOU WILL MAKE The Multifamily Underwriter - Advisor role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the ...

Primary Position Objective Under the supervision of the Multifamily Credit Underwriting Manager and senior associates, underwrite affordable multifamily transactions that utilize various forms of ...

Primary Position Objective Under the supervision of the Multifamily Credit Underwriting Manager and senior associates, underwrite affordable multifamily transactions that utilize various forms of ...

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Multifamily Underwriter information

See salary details

$32.5K

$78.9K

$139.5K

How much do multifamily underwriter jobs pay per year?

As of Jul 15, 2026, the average yearly pay for 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 are the key skills and qualifications needed to thrive in the Multifamily Underwriter position, and why are they important?

Success as a Multifamily Underwriter requires strong analytical skills, a deep understanding of real estate finance, and experience with underwriting standards, typically supported by a relevant degree in business, finance, or a related field. Familiarity with financial modeling tools, risk assessment software, and guidelines from entities such as Fannie Mae or Freddie Mac is often necessary. Outstanding attention to detail, effective communication, and the ability to collaborate across multiple departments are crucial soft skills. These qualifications are essential to accurately assess loan risk, maintain compliance, and support sound investment decisions in multifamily housing finance.

What is a Multifamily Underwriter job?

A Multifamily Underwriter is responsible for evaluating and assessing the risk of loans for multifamily properties, such as apartment buildings. They analyze financial statements, market conditions, and property appraisals to determine loan eligibility and terms. Their role ensures that lenders make informed decisions while mitigating potential financial risks. Multifamily Underwriters work closely with loan officers, real estate professionals, and investors to structure viable financing solutions.

What are some common challenges faced by Multifamily Underwriters on the job?

Multifamily Underwriters often face challenges such as analyzing large volumes of complex financial data, staying up-to-date with changing industry regulations, and balancing risk with business objectives. The role frequently involves working under tight deadlines to review loan packages and prepare reports for decision makers. Successful underwriters must also collaborate closely with loan officers, appraisers, and legal teams to ensure all aspects of a deal meet both internal and external requirements. Adapting to market shifts and managing multiple priorities are important skills for thriving in this fast-paced environment.

More about Multifamily Underwriter jobs
What cities are hiring for Multifamily Underwriter jobs? Cities with the most Multifamily Underwriter job openings:
What are the most commonly searched types of Multifamily Underwriter jobs? The most popular types of Multifamily Underwriter jobs are:
What states have the most Multifamily Underwriter jobs? States with the most job openings for Multifamily Underwriter jobs include:
Infographic showing various Multifamily Underwriter job openings in the United States as of July 2026, with employment types broken down into 94% Full Time, 4% Part Time, 1% Temporary, and 1% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $78,878 per year, or $37.9 per hour.

Multifamily Underwriter - Advisor

Fanniemae

Reston, VA

Full-time

Medical, Life

Posted 7 days ago


Job description

Playing an essential role in the U.S. economy, Fannie Mae is foundational to housing finance. Here, your expertise can help fuel purpose-driven innovation that expands access to homeownership and affordable rental housing across the country. Join Fannie Mae to grow your career and help people find a place to call home.

Job Description

As a valued contributor to our team, you will advise team members on managing communications and/or negotiations between Fannie Mae and clients regarding loans and other investments. In this role, you will review and comment on underwriting and reviewing the issuance of securities to customers.

THE IMPACT YOU WILL MAKE

The Multifamily Underwriter - Advisor role will offer you the flexibility to make each day your own, while working alongside people who care so that you can deliver on the following responsibilities:

  • Advise on potential risks and costs involved with providing services to a customer
  • Analyze the risks and costs of a lending decision and make recommendations on process improvement related to the decision process
  • Advise on process related to issuance of the securities or other financial loans to the customer

THE EXPERIENCE YOU BRING TO THE TEAM

Minimum Required Experience

  • 6 years relevant experience working in multifamily commercial real estate
  • Knowledge of multifamily real estate markets in the Northeastern United States
  • Comprehensive knowledge of multifamily commercial mortgage underwriting including property financial analysis, borrower credit, and market analysis
  • Demonstrated experience in evaluating risks and structuring commercial loans for multifamily housing based on those assessments
  • Curiosity and adaptability learning and responsibly applying new techniques, including artificial intelligence, to reimagine how we work

Desired Experience

  • Bachelor's degree or equivalent
  • Comprehensive knowledge of commercial mortgage Multifamily underwriting including property financial analysis, borrower credit, third party reports, and market analyses
  • Knowledge of DUS/GSE underwriting guidelines
  • Multifamily and GSE loan structuring experience
  • Demonstrated ability to work in a fast paced, results driven environment
  • Demonstrated ability to balance the demands of multiple client requests at any given time
  • Excellent analytical, problem-solving, and decision-making abilities
  • Ability to manage multiple tasks and deadlines
  • Skilled in Excel (intermediate or advanced)
  • Strong communication skills, both written and verbal
  • Skilled in presenting information and/or ideas to an audience in a way that is engaging and easy to understand
  • Influencing including negotiating, persuading others, facilitating meetings, and resolving conflict

Multifamily Risk - Underwriting - Advisor

#LI-NL1 - Hybrid

Qualifications

Education:

Bachelor's Level Degree (Required)

The future is what you make it to be. Discover compelling opportunities at Fanniemae.com/careers.

For most roles, employees are expected to work onsite on a regular basis at their designated office location. In-office work cadence is determined by your manager. Proximity within a reasonable commute to your designated office location is preferred unless the job is noted as open to remote.


Fannie Mae is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, religion, sex, national origin, disability, age, sexual orientation, gender identity/gender expression, marital or parental status, or any other protected factor. Fannie Mae is committed to providing reasonable accommodations to qualified individuals with disabilities who are employees or applicants for employment, unless to do so would cause undue hardship to the company. If you need assistance using our online system and/or you need a reasonable accommodation related to the hiring/application process, please complete this form.

The hiring range for this role is set forth below. Final salaries will generally vary within that range based on factors that include but are not limited to, skill set, depth of experience, certifications, and other relevant qualifications. This position is eligible to participate in a Fannie Mae incentive program (subject to the terms of the program). As part of our comprehensive benefits package, Fannie Mae offers a broad range of Health, Life, Voluntary Lifestyle, and other benefits and perks that enhance an employee's physical, mental, emotional, and financial well-being. See more here.

Requisition compensation:

141000

to

184000