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Multifamily Underwriter Jobs (NOW HIRING)

Sr. Underwriter

Irvine, CA · On-site

$105K - $125K/yr

This is an excellent opportunity to be thoroughly educated about the underwriting of multifamily mortgages, to have extensive contact with our clients, and to train under the premier programs (Fannie ...

Sr. Underwriter

Irvine, CA · On-site

$105K - $125K/yr

This is an excellent opportunity to be thoroughly educated about the underwriting of multifamily mortgages, to have extensive contact with our clients, and to train under the premier programs (Fannie ...

Leveraging your multifamily underwriting expertise, you will partner closely with Product, Engineering, Client Success, and Sales to ensure the platform accurately reflects real-world underwriting ...

Showing results 21-40

Multifamily Underwriter information

See salary details

$32.5K

$78.9K

$139.5K

How much do multifamily underwriter jobs pay per year?

As of Aug 7, 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 as a multifamily underwriter?

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?

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 August 2026, with employment types broken down into 94% Full Time, 4% Part Time, and 2% 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 Senior Underwriter (Targeted Affordable Housing)

Freddie Mac

Mclean, VA • On-site

$99K - $117K/yr

Full-time

Re-posted 6 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. Join an organization where your work contributes to a greater purpose.

Position Overview:

If you are a hard-working, motivated, and intellectually driven professional with a passion for commercial real estate (CRE) and finance, Freddie Mac Multifamily is the employer for you! The nation's greatest and most innovative secondary market Multifamily mortgage lender and issuer of securitizedfixed incomewith an annual platform exceeding $80 billion is looking to add a Multifamily Underwriting Senior to the Targeted Affordable Housing team.

At Freddie Mac, you will do important work to build a better housing financesystem,and you'll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

Our Impact:

Our team is responsible for underwriting Targeted Affordable Housing (TAH) loans originated coast to coast by our nationwide network of Optigo Lenders.

We are innovators in the industry by evaluating the overall story and making decisions based on the credit risk profile and finding creative ways to mitigate risks.

Today, Freddie Mac is one of the largest sources of financing for multifamily housing. We are a creative and dedicated team, and you'll do important work for the housing finance system and make a difference in the lives of others.

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 escalate in third party reports, work with Producers to structure deals, review borrower financial position, market analysis, property inspections, and presentdeals 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 (i.e., 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

Current Freddie Mac employees please apply through the internal career site.

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.

A safe and secure environment is critical to Freddie Mac's business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.

CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.

Time-type:Full timeFLSA Status:Exempt

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 $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 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