Condominium Analyst

Position Summary:

The Condo Analyst is responsible for evaluating condominium projects to determine eligibility for FHA, VA, and Conventional financing. This role involves reviewing submission packages, leveraging mortgage industry software, and facilitating the condo approval process to ensure compliance with investor and regulatory guidelines.

Qualifications:

• Minimum two years’ experience in the mortgage industry.
• Experience with FHA, VA, and Conventional loan processes.
• Familiarity with Encompass or similar mortgage industry software.
• Strong analytical skills and attention to detail.
• Ability to prioritize tasks and meet deadlines in a dynamic environment.
• Good communication and interpersonal skills.
• Adaptable to changing environments and regulatory requirements.

Essential Job Functions include, but are not limited to:

• Perform basic analysis of condo project documentation to determine project eligibility for FHA, VA, and Conventional financing.
• Manage submission packages, ensuring all necessary information is included and accurately represented.
• Utilize Encompass or similar systems to manage and track project status, submission packages, and approval processes.
• Support senior team members in training initiatives and condo approval processes.
• Assist in analyzing financial statements, legal documents, budgets, and insurance policies for adequacy.
• Serve as a resource for processors, underwriters, loan officers, borrowers, and attorneys regarding condo-related inquiries.
• Assist in reviewing insurance documentation, including Liability, Hazard, Flood, and Fidelity policies, to determine acceptability.
• Support senior team members in making recommendations for policy and process improvements.
• Maintain current awareness and understanding of all regulatory compliance responsibilities of the position, ensuring compliance with all applicable laws, regulations, policies, and guidelines.
• Collaborate with homebuilders and branch requests to ensure timely and accurate condo approval.
• Additional duties as assigned.

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, skills, efforts, or working conditions associated with a job.

Working Conditions Information:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently required to sit and talk or hear. The employee is often required to walk; use hands to finger, handle, or operate computers, objects, tools, or controls; and reach with hands and arms. Specific vision abilities required by this job include close vision and the ability to adjust focus.

This job description is not a contract of employment. The employer, in its sole discretion, may modify or adjust the position to meet the organization’s changing needs.

NFM Lending is an equal-opportunity employer. We value diversity and do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. NFM believes success is created by a diverse workforce of individuals with different ideas, strengths, interests, and cultural backgrounds.

The range provided reflects the expected compensation for this role and is considered a general guideline. Actual compensation will be decided based on factors such as geographic location, skills, education, experience assessed during the interview process, and internal pay equity. Compensation may also include incentives such as per-file bonuses and discretionary bonuses as applicable to the role.

Qualifying employees are eligible to participate in our Total Rewards program. Additional information can be found by clicking on the following link: Benefits and Total Rewards

NFM Lending, LLC. is an equal-opportunity employer. We value diversity and do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. NFM believes success is created by a diverse workforce of individuals with different ideas, strengths, interests, and cultural backgrounds.