Senior Affordable Housing Underwriter & Team Lead

KeyBank; Dallas (TX); On-site; USD 96,000 - 181,000; Full time

Job summary

KeyBank in Dallas seeks an experienced Commercial Mortgage underwriter focused on affordable housing. You will lead underwriting teams, assess LIHTC and bond financing, and ensure compliant, risk-conscious deal execution across Fannie Mae, Freddie Mac, and Private Placement programs.

The role requires five years of underwriting experience, a Bachelor’s degree, and strong communication skills. On-site work at 8117 Preston Road, with collaboration across origination, closing, and servicing teams.

Qualifications

• Bachelor’s degree required.
• Minimum of five (5) years of experience underwriting Affordable housing loans, including Fannie Mae, Freddie Mac, and Private Placement programs.
• Excellent verbal and written communication skills, with the ability to convey complex information clearly and professionally.

Responsibilities

• Deliver exceptional customer service to clients by facilitating well-underwritten, risk-conscious real estate transactions.
• Foster strong working relationships across teams and with external partners to support transaction success.
• Lead underwriting teams for affordable housing transactions, leveraging resources to meet client and team expectations.
• Communicate effectively—promoting open, direct, and collaborative dialogue with clients, teammates, and stakeholders.
• Review third-party reports for programmatic compliance and provide timely feedback to vendors.

Skills

Underwriting

Communication skills

Team leadership

Time management

Education

Bachelor’s degree

Tools

Microsoft Word

Excel

Outlook

Adobe Acrobat

Job description

KeyBank in Dallas seeks an experienced Commercial Mortgage underwriter focused on affordable housing. You will lead underwriting teams, assess LIHTC and bond financing, and ensure compliant, risk-conscious deal execution across Fannie Mae, Freddie Mac, and Private Placement programs.

The role requires five years of underwriting experience, a Bachelor’s degree, and strong communication skills. On-site work at 8117 Preston Road, with collaboration across origination, closing, and servicing teams.