LEAN/MAP (HUD) Loan Underwriter

NuvoLogic Consulting; McLean (VA); Remote; USD 70,000 - 90,000; Full time

Job summary

NuvoLogic Consulting is seeking a Loan Underwriting Analyst to perform comprehensive underwriting reviews for residential healthcare facilities in support of HUD's Office of Healthcare Programs. This role requires analytical expertise, FHA underwriting experience, and a collaborative spirit to thrive in a dynamic environment. The position offers remote or hybrid work options, alongside competitive health benefits and a retirement plan.

Benefits

Health Care Plan (Medical, Dental & Vision)

HSA, FSA, and Commuter Benefits

Life Insurance (Basic, Voluntary & AD&D)

Retirement Plan (401k, IRA)

Paid Time Off (Vacation, Sick & Public Holidays)

Short-Term & Long-Term Disability

Remote or Hybrid Work

Qualifications

• At least 4 years of FHA underwriting experience.
• Experience processing Residential Healthcare loans.
• Must be an approved MAP or LEAN Underwriter.

Responsibilities

• Review and analyze underwriting due diligence for healthcare facilities.
• Ensure compliance with HUD’s lending guidance.
• Communicate analysis and conclusions to various audiences.

Skills

Analytical skills

Technical writing

Time management

Organizational skills

Critical thinking

Problem-solving

Education

Bachelor’s degree in finance or business

Job description

NuvoLogic Consulting is a dynamic and rapidly growing management consulting firm based in Northern Virginia. We partner with public and private sector clients to deliver innovative, data-driven solutions. Our services include risk management; business analytics and data science to help management make insightful decisions; quantitative analysis developing financial and predictive models; internal controls, compliance and governance to ensure processes align with regulatory guidance; and process modernization to enhance, streamline and optimize processes.

As a small business, every team member plays a vital role in our success. We welcome inquisitive individuals who thrive in a collaborative, yet challenging environment and who are excited to work alongside other high-performing, solution-focused professionals.

At NuvoLogic, we foster a culture of active involvement, professional growth, and mentorship. We offer meaningful opportunities for learning and development, paired with competitive compensation and a collaborative work environment where your ideas are valued and encouraged. You’ll have the chance to grow with us, take on new challenges, and be part of shaping our continued success. If you're a well-rounded, detail-oriented problem solver ready to make an impact, we invite you to bring your talents to NuvoLogic and do your best work here.

Job Description

The Loan Underwriting Analyst position will perform underwriting due diligence reviews of loans for residential care facilities, assisted living facilities, and skilled-nursing facilities in support of the U.S. Department of Housing and Urban Development’s (HUD’s) Office of Healthcare Programs.

Responsibilities

• Review, analyze, or conduct underwriting due diligence for residential healthcare facilities to include review of:

• Appraisals of residential healthcare facilities,
• Physical condition reports of residential healthcare facilities,
• Credit histories and determining credit worthiness of multifamily borrowers, operators, and/or management agents,
• Financial statements of properties and participants,
• Quality of care issues/professional liability insurance in residential healthcare facilities.

• Review new and renewal loan applications to facilitate and ensure their compliance with HUD’s lending guidance per the Multifamily handbook

• Underwrite complex transactions with complicated borrower structures and unique property or market characteristics

• Monitor a loan pipeline and promptly complete underwriting review of new loans and resubmittals

• Work in a team environment with other underwriters and closers to contribute to overall processing goals

• Work directly with lenders to ensure all loan documents are complete and shared in a timely manner

• Communicate analysis and conclusions in verbal and written formats for both technical and non-technical audiences

• A bachelor’s degree in finance, business or similar program
• At least four years of FHA underwriting experience, with experience processing Residential Healthcare loans
• Must be an approved MAP or LEAN Underwriter
• Strong knowledge of real estate and mortgage finance terminology and concepts
• Excellent analytical skills and technical writing skills (including grammar, editing, and proofreading skills to draft underwriting narratives and loan committee packages)
• Ability to prioritize tasks with strong time management skills
• Strong organizational skills
• Work productively and accurately in a fast-paced environment with multiple projects and stringent deadlines.
• Organized and detail oriented
• Critical thinking and problem-solving skills.

• Accepting 1099 contractors

• Health Care Plan (Medical, Dental & Vision)
• HSA, FSA, and Commuter Benefits
• Life Insurance (Basic, Voluntary & AD&D)
• Retirement Plan (401k, IRA)
• Paid Time Off (Vacation, Sick & Public Holidays)
• Short-Term & Long-Term Disability
• Remote or Hybrid Work