FHA Lending Intern - Summer 2027

Greystone Funding Company LLC; West Albany (NY); Presencial; USD 33 000 - 47 000; Tempo integral

Resumo da oferta

Greystone Funding Company LLC seeks an FHA Underwriting Intern for the Summer 2027 Internship Program in NYC. The role involves underwriting multifamily and healthcare loans insured by FHA, with exposure to HUD programs and full underwriting lifecycle.

You will analyze rent rolls, conduct market research, and assist in creating underwriting packages while collaborating with cross-functional teams and gaining hands-on experience in financial modeling and due diligence.

Qualificações

• Pursuing a Bachelor's Degree in Business, Finance, Accounting or Economics from an accredited college or university.
• Fundamental real estate knowledge through prior internships and coursework.
• Strong communication and analytical abilities with good time management.

Responsabilidades

• Analyze rent rolls and operating history and spread data into financial spreadsheets.
• Assist in underwriting package preparation for FHA/HUD multifamily and healthcare loans.
• Perform cash-flow modeling, rent roll reviews and operating statement spreads.
• Conduct market research, property comparisons and demographic analyses.

Conhecimentos

Strong communication

MS Office proficiency

Analytical skills

Detail oriented

Time management

Formação académica

Pursuing a Bachelor's Degree in Business, Finance, Accounting or Economics

Ferramentas

Microsoft Office

Descrição da oferta de emprego

Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, with $13 billion in loan originations in 2025. The firm consistently ranks in the Top 10 for Fannie Mae & Freddie Mac by multifamily loan volume and is the #1* Overall HUD Multifamily and Healthcare Lender in the country. Greystone also ranks nationally as a top affordable housing, seniors housing, and small balance loan lender. At Greystone, charity is at the heart of who we are and what we do. At Greystone, everything we do is driven by our purpose of improving others’ lives. As we work hard to maintain our ranking as a top national commercial real estate lender, our culture of caring and support is just as important. We don’t just say "Where People Matter" - we lead with this mantra every day to guide our actions and behaviors. Greystone is committed to fostering and preserving a culture of inclusion. Belonging is at the heart of our culture of caring, integrity and excellence and is a driving force behind our entrepreneurial spirit and creativity.

We are seeking an FHA Underwriting Intern to join our Summer 2027 Internship Program. The Intern will gain hands-on experience supporting the underwriting and analysis of multifamily and healthcare real estate loans insured through the Federal Housing Administration (FHA). This role provides exposure to HUD loan programs, financial modeling, property-level due diligence, and the full lifecycle of the underwriting process.

Primary Duties and Responsibilities:

• Analyze rent rolls, operating history, etc. and spread data into financial analysis spreadsheets.
• Assist in the preparation of underwriting packages for FHA/HUD multifamily and healthcare loans.
• Perform detailed financial analysis, including cash-flow modeling, rent roll reviews, and operating statement spreads.
• Conduct market research, comparable property analysis, and demographic studies to support underwriting assumptions.
• Review third-party reports such as appraisals, environmental assessments, and market studies.
• Help assess borrower financials and experience to ensure program eligibility.
• Participate in underwriting team meetings, pipeline reviews, and training sessions.
• Gain exposure to HUD programs such as 223(f), 221(d)(4), 232/LEAN, and others.
• Work cross-functionally with production, closing, asset management, and legal teams.
• Research various markets, statistics, laws, and regulations.
• Draw conclusions based on aggregate information and prepare summary opinions.
• Coordinate with underwriters, production team and borrowers for collection of loan due diligence materials.

Experience, Skills and Abilities Required:

• Pursuing a Bachelor's Degree in Business, Finance, Accounting or Economics from an accredited college or university required Fundamental real estate knowledge through prior internships and coursework.
• Strong communication skills.
• Proficiency in Microsoft Word, Excel, Outlook, and PowerPoint.
• Must have good analytical skills.
• Must be detail oriented with strong organizational and project-management skills.
• Excellent verbal and written communications skills.
• Strong time management skills and a respect for deadlines.
• Driven, innovative team-player who is focused on results and strives to deliver a superior work product.
• Proven track record of success in prior academic or work experience.
• Unquestioned personal and professional integrity.

Interns hired in NYC for summer 2027 will be compensated at $29/ hour. At Greystone, we believe that finding creative solutions for our clients comes from the collaboration of people with diverse backgrounds and perspectives. We strive to build a work environment that empowers all individuals with opportunities to channel their entrepreneurial spirit.

Greystone is an EEO employer.

*For HUD's 2025 fiscal year ending September 30, 2025. Based upon combined firm commitments received by Greystone Funding Company LLC and Greystone Servicing company LLC and excludes risk sharing and hospital loans.

ACCESSIBILITY NOTE: If you are a job seeker with a disability and require a reasonable accommodation to apply for one of our jobs, please call [phone]. A member of our recruitment team will respond.

"Where people matter" are words we live by at Greystone. How? By fostering an empowering work environment, encouraging new initiatives, and recognizing and rewarding our employees. The standards that guide us - Excellence, Integrity, Entrepreneurship, and Caring - were selected and defined by our employees, for our employees.

Founded in 1988, Greystone is a private commercial real estate finance and investment company built on the belief that business can and should improve people’s lives. Over nearly four decades, we have developed a national platform spanning debt, equity, investment sales, and loan servicing, supporting multifamily and healthcare properties across the U.S. Through our "Where People Matter" culture, we combine deep industry expertise with a commitment to meaningful impact.

We do this through helping finance affordable housing, senior housing, and skilled nursing communities nationwide.

At Greystone, experienced professionals join a collaborative, entrepreneurial environment where they can expand their platform, grow their careers, and contribute to work that makes a lasting difference.