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Job Details

Capital One

Commercial Real Estate Agency Underwriting Manager - Small Balance Lending and Small Loans (Remote Eligible)

Business and Financial Operations


Full Time


Newport Beach, California, United States

Newport Center (61059), United States of America, Newport Beach, California

Commercial Real Estate Agency Underwriting Manager - Small Balance Lending and Small Loans (Remote Eligible)

Capital One is active in all aspects of the Commercial Real Estate arena with extensive experience in permanent and construction loans for a broad range of projects including multifamily housing, retail, office buildings, student housing, industrial and parking facilities.

Our Multifamily Agency Finance Team is a part of Capital One’s broader Commercial Real Estate Business (CRE) and in addition to generating loans for our balance sheet, is one of the largest originators of Fannie Mae, Freddie Mac and FHA loans. Supported by over 200 associates, we generated close to $10 billion in new loans for 2019.

The Commercial Real Estate Agency Underwriting Manager will work closely with production partners and loan closers to independently underwrite and manage deals through the underwriting process while contributing to the training and development of analysts on a path toward underwriting loans.


  • Underwrite and support analyst training in Agency multifamily underwriting with a focus on Freddie Mac Small Business Lending (SBL) and Fannie Mae Small Loans.

  • Lead the underwriting process, managing deal timelines, developing credit recommendations, and ensuring agency/bank compliance.

  • Work directly with production teams to develop loan structures that will meet client’s financial objectives.

  • Develop and maintain strong relationships with production and closing departments as well as external agency investors.

  • Write and prepare loan proposals and underwriting/due diligence packages.

  • Model multifamily cash flows, analyze property valuations and review third party reports.

  • Review financial statement analytics and cash flow models.

  • Conduct detailed economic and market research to determine feasibility of transactions.

  • Prepare analytics for new loan proposals and/or development of new reports.

  • Train and assist team members in performing market surveys, reviewing and conducting standard due diligence.

  • Review third party reports from vendors such as appraisers, surveyors, and engineers and ensure compliance with all prescribed requirements.

  • Review governing agreements and program requirements to ensure compliance.

Capital One is open to hiring a Remote Employee for this opportunity

Basic Qualifications:

  • Bachelor's Degree or Military Experience

  • At least 3 years of experience underwriting Fannie Mae or Freddie Mac Multifamily loans

Preferred Qualifications:

  • At least 4 years of experience as an underwriter in Freddie Mac SBL and Fannie Mae Multifamily lending

  • At least 1 year of experience with credit standards and Agency compliance

  • Experience with Google Suite or Microsoft Office

  • Pacific time zone preferred but not required

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.


No agencies please. Capital One is an Equal Opportunity Employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-[Register to View] or via email at [Register to View] . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to [Register to View] [Register to View] One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).