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Posted: Friday, December 22, 2017 8:20 PM

Job Description CREDIT ADMINISTRATOR (Underwriter) - COMMERCIAL MORTGAGES Newport Beach, CA COMPANY OVERVIEW Wilshire Finance Partners is a direct balance sheet lender specializing in small balance apartment and commercial real estate loans in the Western US, Texas and Florida. THE OPPORTUNITY We seek a talented credit administrator with apartment and commercial real estate loan underwriting experience to join our team in Newport Beach, California. KEY RESPONSIBILITIES Underwrite multifamily and commercial mortgage requests. Review loan files for accuracy and completeness. Analyze and draw conclusions from financial statements, tax returns and additional financial information to determine borrower/guarantor strength. Review historical property performance; including, income, operating expenses and cash flows. Analyze projections and pro forma financial information make informed decisions about future loan performance and the viability of loan repayment. Research and review applicable industry and market trends. Underwrite appraisals and other valuation information to determine the value of the collateral securing the loan. Coordinate, review and assess impacts to the loan and the collateral from third party reports. Communicate and collaborate with loan officers and analysts on findings, needs, conditions, recommendations and conclusions which arise through the underwriting process. Prepare credit recommendations for loan approval. Assist with the preparation of loan documents and managing loan closings; including, reviewing documents for accuracy and completeness and coordinating with settlement agents for the loan closing. Assist with the development and refinement of underwriting and pricing models. Assist with regulatory compliance. Participate in portfolio management and other company matters regarding portfolio and asset performance. PROFESSIONAL EXPERIENCE & QUALIFICATIONS Minimum of eight (8) years of experience as a commercial mortgage underwriter analyzing and closing real estate secured loans against multiple types of commercial real estate and income property; including, multifamily, office, retail, mixed use, industrial, warehouse, and other income property. Underwriting at a financial institution is preferred; CMBS underwriting experience desired, but nor required. FNMA or FHLMC small balance apartment underwriting experience is a plus. Experience in reviewing and analyzing third party reports, including appraisals, environmental, property condition reports, and other reports. Experience managing loan closings. Ability to work on multiple transactions simultaneously and collaborative effectively with other team members. Ability to work quickly and efficiently to meet closing times. Excellent administration, project management and follow-up skills Four (4) year college degree. COMPENSATION Base salary Additional Bonuses Company benefits LOCATIONS Newport Beach, California This position is located in Newport Beach, CA. No relocation assistance is provided. Please respond in confidence. Company Description Wilshire Finance Partners is a Southern California based real estate finance and investment company. Learn more about Wilshire at www.WilshireFP.com

Source: http://www.juju.com/jad/00000000gk3211?partnerid=af0e5911314cbc501beebaca7889739d&exported=True&hosted_timestamp=0042a345f27ac5dc7f4c85039c18af2d7a2afc07ded5644e0748be53b611dff5


• Location: Newport Beach, Orange County

• Post ID: 154292967 orangecounty
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