Multifamily Credit Underwriter

AmeriNat; Tampa (FL); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

401k

Performance incentives

Paid medical, life and long-term disability

Dental

Vacation, sick and holiday pay

Opportunities for advancement

Job summary

A housing finance organization in Tampa, Florida is seeking a Multifamily Credit Underwriter to evaluate affordable housing transactions. This role involves analyzing financial models and reviewing due diligence materials. Ideal candidates will have a Bachelor's degree in Business or Finance, at least 3 years of relevant experience, and proficiency in Excel. Competitive benefits include 401k, performance incentives, and a business casual dress code.

Qualifications

• 3+ years’ experience in credit/real estate underwriting.
• Proficiency in Excel financial modeling and Word.
• Knowledge of multifamily financing products, including Fannie Mae and Freddie Mac.

Responsibilities

• Build and analyze financial models for multifamily developments.
• Review due diligence materials.
• Prepare detailed underwriting reports and present recommendations.

Skills

Excel financial modeling

Strong communication skills

Knowledge of LIHTC

Ability to manage multiple priorities

Education

Bachelor’s degree in Business, Accounting, Finance, or related field

Job description

As a Multifamily Credit Underwriter, you’ll evaluate affordable housing transactions that leverage a mix of financing programs — including LIHTC, tax-exempt bonds, HUD, and conventional debt products. You’ll play a critical role in assessing feasibility, mitigating risk, and ensuring the long-term success of developments that expand affordable housing opportunities.

Major Duties & Responsibilities

• Build and analyze financial models for multifamily developments with rent restrictions.
• Collect, review, and organize due diligence materials (entity docs, financials, construction docs).
• Review and apply LIHTC and multifamily financing program rules and guidelines.
• Engage and review third-party reports (appraisals, market studies, environmental assessments).
• Prepare detailed underwriting reports and present recommendations to committees/boards.
• Collaborate with team members to move transactions from evaluation to closing.

Requirements & Qualifications

• Bachelor’s degree in Business, Accounting, Finance, or related field.
• 3+ years’ experience in credit/real estate underwriting.
• Proficiency in Excel financial modeling and Word.
• Knowledge of LIHTC, multifamily debt products (Fannie Mae, Freddie Mac, HUD), and tax-exempt financing.
• Strong communication skills with ability to present to senior leadership.
• Ability to manage multiple priorities in a fast-paced environment.

Physical Requirements

• Talking - Especially where one must frequently convey detailed or important instructions or ideas accurately, loudly, or quickly.
• Hearing - Able to hear average or normal conversations and receive ordinary information.
• Repetitive Motion - Movements frequently and regularly required using the wrists, hands, and/or fingers.
• Vision - Average, ordinary, visual acuity necessary to prepare or inspect documents or products or operate machinery.
• Physical Strength - Sedentary work; sitting most of the time. Exerts up to 10 lbs. of force occasionally.

This description has been designed to indicate the general nature and level of work performed by an employee in this position. The actual duties, responsibilities and qualifications may vary in the future based on new or revised work assigned to this position.

AmeriNat offers a competitive benefits package including 401k; performance incentives; paid medical, life and long-term disability; dental; vacation, sick and holiday pay as well as opportunities for advancement. Dress code is business casual (jeans allowed) and occasional business attire required.

AmeriNat will consider qualified applicants in a manner consistent with local “Fair Chance” ordinances. AmeriNat is an Equal Opportunity Employer