Associate, FHA Production Support

Orix Corporation USA; City of Rochester (NY); Hybrid; USD 90,000 - 100,000; Full time

Benefits offered by this job

Cash bonuses

Long-term incentives

Health insurance

Accident and life insurance

Retirement benefits

Job summary

ORIX Real Estate Capital Holdings, LLC, d/b/a Lument, is seeking an Associate to support FHA Multifamily loan production and underwriting. You will review third-party reports, perform underwriting analysis, oversee loan applications, and lead internal deal coordination with borrowers, originators, underwriters, FHA, and vendors throughout the process.

The role requires a Bachelor’s degree in business/finance/real estate and 2–3 years of real estate financial analysis.

Qualifications

• Bachelor’s degree in business, finance, accounting, real estate, or related field.
• 2–3 years of real estate financial analysis experience.
• Experience with FHA-insured lending prioritized.
• Proficiency in Microsoft Office with emphasis on Excel.
• Strong work ethic, teamwork, accuracy, and discretion.

Responsibilities

• Screen FHA Multifamily origination and determine due diligence needs.
• Support underwriting with daily oversight of FHA loan applications.
• Coordinate internal deal processes with borrowers, third parties, and underwriters.
• Prepare FHA credit request materials and ensure compliance with MAP Guide and policies.
• Assist travel as needed and participate in trainings.

Skills

Excel proficiency

Real estate finance

Underwriting

Communication skills

Attention to detail

Ethics & discretion

Education

Bachelor’s degree in business, finance, accounting, real estate, or related field

Tools

Microsoft Excel

Job description

Purpose and Job Summary

The Associate role supports various loan production and underwriting functions, including review of third-party reports, underwriting analysis, oversight of FHA Multifamily loan applications, document collection and transmittal, due diligence, and leading internal deal coordination processes. Works directly with Underwriters, Originators, clients, FHA, and vendors as necessary throughout the loan process.

Essential Duties and Responsibilities

Support FHA Multifamily Origination Screening to include, but not limited to: Being well versed in the various Excel-based screening and underwriting models Determining appropriate level of due diligence required to complete a thorough loan screening Completing analysis to determine loan sizing and S&U that meet FHA programmatic requirements and are compliant with the applicable loan execution Assist Underwriters by providing daily oversight of FHA multifamily loan applications Be the primary lead for internal deal coordination to include, but not limited to: Engagement and coordination of third-party reports Creation and collection of due diligence needs list Reviewing application due diligence for completeness and accuracy Administrative transaction organization Creation of complete and deficiency free application submissions to HUD Communicate clearly with borrowers, third party providers, Originators, Underwriters, FHA, and others to facilitate transaction flow Develop the knowledge and skills necessary to prepare FHA credit request presentations, including being well versed in Commercial Real Estate policies and procedures, FHA MAP Guide, relevant FHA documentation, and underwriting and processing guidelines Ensure work product adheres to Lument policies, processes, and procedures Attend trainings and courses in additional education as prescribed Work professionally and harmoniously with team and coworkers Position may require travel on a minimal basis Other projects and duties as assigned.

Education, Skills and Experience

Bachelor’s degree in business, finance, accounting, real estate, or related field required 2-3 years of full-time experience in real estate related financial analysis for a lending institution, brokerage firm, or investment firm preferred. Current or recent experience in FHA-insured lending prioritized. Proficiency in Microsoft Office with emphasis on Microsoft Excel Demonstration of a strong work ethic, ambition, teamwork, creativity, aptitude for accuracy and detail, and sound ethical conduct Flexibility and ability to work under pressure with tight deadlines, and to adjust priorities in a changing environment Excellent organizational, communication, presentation, and interpersonal skills Demonstrated ability to maintain confidentiality and to use discretion in the performance of daily activities Ability to synthesize large amounts of information into clearly articulated credit and business recommendations both verbally and in writing Initiative and strong sense of personal motivation as well as responsibility.

Annual base salary gross

$90,000 - $100,000 (NY only). The base salary range represents the estimated low and high end of ORIX’s salary for this position based on geography. Actual base salaries will vary and will be based on various factors, such as candidate’s qualifications, skills, competencies and proficiency for the role. The base pay is one component of ORIX’s total compensation package for employees. Other rewards and benefits include

• cash bonuses
• long term incentives
• health insurance
• accident and life insurance
• retirement benefits

Please visit our Benefits page for additional information.

Life at ORIX

We are committed to the health and well-being of our employees and offer a quality, competitive benefits package that provides valuable healthcare and financial protection for our workforce, while emphasizing a healthy work/life balance.

You Time

We want you to have the time needed to recharge and manage life with our competitive vacation policy, floating personal holidays, extensive leave options, our annual observed holidays, and more.

Family Care

Every family has a different journey and ORIX USA Group is proud to offer extensive benefit programs such as infertility coverage, adoption support, child and elder care, fully paid maternity, and generous parental leave benefits to help you and your families along the way.

Flexible Work Arrangements

ORIX associates enjoy the advantages of our hybrid working model with a 3 day in-office minimum requirement.

ORIX USA is an equal opportunity employer, providing equal employment opportunities (EEO), and is committed to diversifying its workforce.

All employees and applicants for employment will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law. This policy applies to all terms and conditions of employment.

ORIX Real Estate Capital Holdings, LLC, d/b/a Lument, is a subsidiary of ORIX Corporation USA. Lument is a national leader in commercial real estate finance. As the combined organization of legacy industry experts Hunt Real Estate Capital, Lancaster Pollard, and RED Capital Group, Lument delivers a comprehensive set of capital solutions customized for investors in multifamily, affordable housing, and seniors housing and healthcare real estate. Lument is a Fannie Mae DUS, Freddie Mac Optigo, FHA, and USDA lender. In addition, Lument offers a suite of proprietary commercial lending, investment banking, and investment management solutions. Lument has approximately 600 employees in over 25 offices across the United States. Securities, investment banking, and advisory services are provided through OREC Securities, LLC, d/b/a Lument Securities. For more information, visit www.lument.com.

We are committed to the health and well-being of our employees and offer a quality, competitive benefits package that provides valuable healthcare and financial protection for our workforce, while emphasizing a healthy work/life balance. You Time We want you to have the time needed to recharge and manage life with our competitive vacation policy, floating personal holidays, extensive leave options, our annual observed holidays, and more. Family Care Every family has a different journey and ORIX USA Group is proud to offer extensive benefit programs such as: infertility coverage, adoption support, child and elder care, fully paid maternity, and generous parental leave benefits to help you and your families along the way. Flexible Work Arrangements ORIX associates enjoy the advantages of our hybrid working model with a 3 day in-office minimum requirement.