HUD Multifamily Analyst

The HUD Multifamily Sr. Analyst plays a critical role within the Underwriting Team, supporting FHA-insured multifamily transactions from application through closing. This position blends traditional loan processing responsibilities with analytical review, issue identification, and proactive deal management.

Under the general direction of the assigned Underwriter, the Analyst is responsible not only for coordinating and assembling complete HUD-compliant loan packages, but also for evaluating information quality, identifying risks and deficiencies, prioritizing workflow, and supporting underwriting decision-making. The role requires independent judgment, strong regulatory knowledge, and the ability to synthesize complex information across multiple third-party reports, borrower submissions, and HUD requirements.

This position is designed for a professional who wants to grow beyond execution into analysis, problem-solving, and ownership of deal readiness.

Key Responsibilities

Loan Application Management, Due Diligence & Analysis (75–80%)

• Coordinate the full FHA loan application process in accordance with HUD program requirements, FHA regulations, and Newmark internal procedures, progressing transactions to “ready-to-close” status.
• Receive, review, and complete initial setup of incoming loan applications and exhibit packages, ensuring accuracy, completeness, and HUD compliance.
• Analyze incoming borrower, property, and third-party information to identify inconsistencies, gaps, risks, or timing issues; proactively flag concerns and recommend next steps to the Underwriter.
• Coordinate workflow and deliverable preparation with Newmark’s Global Support Team, including assigning, reviewing, and validating support work to ensure accuracy, completeness, and alignment with HUD requirements and internal standards.
• Manage pipeline prioritization by evaluating deal readiness, required deliverables, and submission timing; maintain clean pipeline data including purging closed or inactive files.
• Actively participate in borrower, attorney, consultant, and internal conference calls; contribute substantively to discussions by understanding deal structure, timing constraints, and HUD requirements.
• Proactively obtain missing or supplemental documentation from Borrowers, Attorneys, General Contractors, lenders, and third-party consultants.
• Order and review HUD-required credit, compliance, and verification items for principals and entities (OFAC, SAM/EPLS, LexisNexis, VOD, SPC, etc.), escalating issues as appropriate.
• Prepare and manage Requests for Proposals (RFPs) for third-party reports; ensure consultants are fully briefed, deadlines are tracked, and deliverables are received as required.
• Review third-party reports at a high level (appraisal, market, environmental, PCNA, plans/specs) to identify missing elements, inconsistencies, or underwriting-relevant concerns prior to Underwriter review.
• Maintain accurate and accessible deal documentation using Newmark’s electronic filing and pipeline tracking systems.
• Track deal-level accounting, including availability of funds for third-party invoices; process payments timely and maintain a complete audit trail.
• Assemble and submit complete, well-organized loan packages for internal underwriting review and HUD submission within established turn-time expectations.
• Assist with HUD deficiency responses following Firm Application submission through issuance of Firm Commitment, including coordinating responses and tracking resolution.
• Maintain strict confidentiality of borrower and transaction information.

HUD Program Knowledge, Research & Quality Control (10–15%)

• Maintain working knowledge of FHA multifamily programs, MAP Guide requirements, HUD handbooks, Mortgagee Letters, and internal Newmark policies.
• Research HUD regulations and program guidance as needed to support underwriting, processing decisions, and issue resolution.
• Track HUD form requirements and expiration dates to ensure submissions remain current and compliant.
• Assemble and maintain documentation required for internal and external Quality Control reviews, including annual third-party QC audits.
• Apply regulatory knowledge to real-time deal issues rather than relying solely on checklist execution.

Team Contribution & Process Improvement (10%)

• Serve as an active member of the BPC Underwriting and Loan Coordination teams, supporting overall pipeline management and team efficiency.
• Provide targeted administrative or analytical support to Analysts and Underwriters as needed.
• Identify inefficiencies, recurring bottlenecks, or risk points in the underwriting and processing workflow; recommend process improvements.
• Participate in short-term initiatives focused on operational improvement, standardization, or HUD process enhancements.

Core Competencies

• Strong written and verbal communication skills, including professional interaction with borrowers and third-party consultants.
• Strong analytical and critical-thinking skills with the ability to synthesize large volumes of information.
• Detail-oriented and highly organized, with the ability to manage multiple transactions and competing deadlines.
• Ability to work independently, exercise sound judgment, and take ownership of assigned deals.
• Demonstrated ability to identify issues early and escalate thoughtfully and clearly.
• Comfortable operating in a fast-paced, deadline-driven environment.
• Proficiency with Microsoft Word and Excel; comfort working within structured electronic filing systems.
• Team-oriented mindset aligned with company values and collaborative culture.

Qualifications

• Associate’s degree required; Bachelor’s degree preferred.
• 2–5 years of experience in mortgage banking, real estate finance, underwriting support, or complex project coordination preferred.
• Prior exposure to HUD/FHA multifamily lending, commercial real estate underwriting, or due diligence is strongly preferred.
• Coursework or experience in real estate finance, appraisal, construction, mortgage banking, or communications is a plus.