Senior Associate, FHA/HUD Processor, HUD Lending

COMPANY CULTURE: We are a dynamic, high energy, fun, and fast-paced organization that has an exciting growth trajectory, meaningful mission, and embedded responsible practices into our daily interactions. We offer our team members a culture of collaboration, inclusion, flexibility, recognition, and giving back. We look to hire individuals that are passionate about our mission, and who are motivated, customer and results-oriented, innovative, adaptable, and thoughtful.

COMPANY MISSION: We are a mission-driven institution. We operate a sound dynamic institution that is well capitalized, liquid, profitable and uses best practices to manage risk and assure compliance with laws and regulations. We use Forbright’s capital, capabilities, innovation, and expertise to help our clients succeed and contribute broadly to building a brighter future.

JOB SUMMARY: The Senior Associate, FHA/HUD Processor, HUD Lending, is responsible for supporting HUD loan production functions, including processing loan exhibits, review of portions of third-party reports, preparation of sections of the underwriting narrative, document collection and transmittal, and client relations. This role supports members of the HUD underwriting team and reports directly to the Director, HUD Lending.

DUTIES AND RESPONSIBILITIES

• Responsible for maintenance of checklists, reviews of submitted exhibits, and detailed organization of collected documents
• Coordinate information flow between borrower, borrower representatives, broker, and third-party vendors
• Coordinate third-party invoices and contracts for each transaction
• Maintain Forbright proprietary ‘Portal’ system and electronic control binder for each transaction
• Prepare correspondence necessary to facilitate workflow
• Maintain and organize market and industry data necessary for comprehensive underwriting
• Assist with closings, as requested
• Complete post-closing requirements in connection with Forbright’s HUD Quality Control Plan and/or Forbright internal requirements
• Comply with all facets of Forbright’s HUD Quality Control Plan
• Perform other duties as assigned

QUALIFICATIONS

• Associate’s Degree required; Bachelor’s Degree preferred
• Minimum of 4 years of HUD 232 and/or HUD MAP loan processing / project management experience required
• Proficiency with Microsoft Office tools (Outlook, Word, PowerPoint, Excel)
• Excellent verbal, written, and interpersonal communication skills
• Strong organizational skills and attention to detail
• Outstanding problem-solving and time management skills
• Self-motivated, self-directed, and results-oriented
• Adaptable and able to multitask in a fast-paced environment
• Can work independently and within a team; solution-oriented with a collaborative approach