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CoreVest American Finance Lender

Underwriting & Credit Analyst - Irvine, California

Salary
<$75,000
Employment
Full Time
Real Estate Field
  • Finance / Investment
Location
Irvine
 CA
Postal Code
92614
Country
United States

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Description


Job Summary: CoreVest American Finance, LLC provides acquisition capital and term debt financing to investors of single-family and multi-family rental portfolios. We are seeking an experienced Analyst for our Underwriting & Credit Group. The Analyst will work closely with clients, internal teams and various third parties involved in financing transactions.


Key Responsibilities:

  • Assist in underwriting and closing efforts for commercial debt financing transactions backed by single family rentals (SFR) and multi-family rental portfolios
  • Conduct cash flow analysis, underwriting, due diligence, valuation reviews and credit analysis
  • Prepare internal schedule of lender costs (including spreadsheets to prepare taxes, capex and insurance) and work with escrow company to prepare settlement statements
  • Work closely with third-parties involved in diligence to ensure proper underwriting procedures are followed
  • Interface with borrowers to compile required data and information and to resolve diligence related issues
  • Evaluate sponsor credit, background, financial and operating capabilities
  • Analyze rent rolls, operating history, valuations and cash flows on portfolios of single family residential rentals as part of underwriting
  • Prepare investment committee memo summarizing deal
  • Assist with warehouse financing draws
  • Ability to work well under pressure and handle multiple transactions in a fast-paced deal environment
  • Perform other related duties or special ad hoc projects as assigned
  • Exercise discretion, independent judgement, and problem-solving abilities to complete work assignments


Ideal Profile Candidate:

  • Bachelor s Degree in Accounting, Finance, Economics, or Real Estate preferred
  • 1-2 years of experience in commercial lending - single family residential rental, multifamily property, bridge (fix and flip) or construction financing
  • Financial modeling experience in commercial, residential and/or multi-family real estate preferred
  • Strong skill set with PowerPoint, Word and Excel Skills
  • Strong written and verbal communication skills
  • Customer Service attitude and ability to juggle multiple priorities in a fast paced environment
  • Superior attention to detail, analytical and organizational skills

 

Be a integral part of an industry leader!
Each member of The Core at CoreVest plays an important part in the growth of the residential real estate investing industry. This a team who are here to serve investors nationwide and provide them with affordable financing for their real estate investment needs.

Outstanding Benefits!

  • Competitive compensation package
  • Excellent medical, dental, vision and other benefits
  • Time off for vacation, sick leave and holidays
  • 401k Immediately





We are seeking qualified candidates that are available to start immediately. We strongly prefer local candidates or those with prior plans to relocate. Please note that we do not pay for relocation expenses. All qualified candidates will be contacted directly. No phone calls please. We are an Equal Opportunity Employer that offers excellent benefits including 401K, medical, dental, vision, STD, LTD and Life Insurance. For more information on our company please visit the Colony American Finance website. Disclaimer: This job description represents the basic qualifications for the position. It is not designed to cover or contain a comprehensive listing of all activities, duties or responsibilities that are required of the employee. You may be asked to perform or assist with other instructions and duties. You will be evaluated, in part, based upon your performance of the tasks listed in this job description. Management has the right to revise this job description at any time.

Job Functions


  • Finance
  • Risk Management
  • Underwriting
 

Job Sector


  • Residential
 

Experience


1+ to 2 years


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