Commercial Property Underwriter

4 weeks ago


Johannesburg, South Africa Exclusively Remote Full time
Commercial Property Underwriter

Commercial Underwriter (Commercial Real Estate)

We are seeking an experienced Commercial Underwriter with a strong background in commercial real estate, particularly in apartment buildings or nursing homes/assisted living facilities. The ideal candidate will be responsible for evaluating and assessing loan applications, analyzing financial data, and determining risk levels for properties.

Key Responsibilities:

  • Review and underwrite commercial real estate loans with a focus on apartment buildings and nursing homes/assisted living properties.
  • Conduct in-depth financial analysis, including assessing property valuations, income statements, and borrower financials.
  • Evaluate market trends, property conditions, and borrower creditworthiness to determine risk levels and loan terms.
  • Prepare detailed underwriting reports and recommendations for loan approval or denial.
  • Collaborate with loan officers, brokers, and other stakeholders to ensure a smooth and efficient loan process.
  • Ensure compliance with company policies and industry regulations.

Qualifications:

  • Minimum of 3-5 years of commercial underwriting experience in real estate.
  • Specific experience with apartment buildings and/or nursing homes/assisted living properties.
  • Strong financial analysis and risk assessment skills.
  • Proficiency in financial modeling and underwriting software.
  • Excellent communication and decision-making abilities.
  • Knowledge of industry regulations and lending practices


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