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Posting Date :
Primary Location :
Chicago Area, IL US
Work Address :
227 W. Monroe St., Ste. 1000
Job ID :
Schedule :
Job Description :
Job Description
Support the transactional flow of production/origination professionals focused on multifamily financing structures through agency (Fannie Mae, Freddie Mac and FHA/HUD) and non-agency relationships. 

Responsible for all aspects of the transaction process, assisting in financial loan structuring, facilitating the gathering, reviewing and dissemination of all relevant property and borrower specific due diligence, and tracking the loan applications through final closing  
  • Review and analyze preliminary property financial information for loan sizing
  • Investigate, analyze and communicate micro and macro level location attributes of project under consideration
  • Understand physical characteristics of properties and the related competitive advantages and disadvantages
  • Interact with agencies for approval of any non-standard loan attributes prior to issuing application
  • Coordinate pass-off of loans under application to credit/underwriting team 
  • Facilitate communication between internal teams and borrower for collection of underwriting due diligence
  • Review and understand legal borrowing entity structures including but not limited to limited liability companies, corporations and partnerships
  • Possess knowledge of the formation process for legal entities in the state in which borrowers are forming legal entities for transactions
  • Produce entity structure/organizational charts outlining ownership percentages
  • Eligible to manage or perform loan origination or servicing functions under Mortgage Investor or government agency guideline requirements

Basic Qualifications:  
  • Undergraduate degree in Business, finance, Real Estate, Accounting or a related field
  • One to five years of relevant business experience within commercial real estate or the equivalent, preferably internship experience within the commercial real estate industry
  • Proven strong mathematical, verbal and written communication skills
  • Proven time management, organization and interpersonal skills
  • Demonstrated attention to detail and ability to function under tight time frames while delivering work accurately and efficiently
  • Demonstrated ability to handle multiple projects at various stages of completion
  • Ability to function in a team-oriented setting while showing initiative and ability to work well on your own
  • Ability to manage an individual or team
  • Proven experience with MS Excel, Word and PowerPoint
  • Eligible to manage or perform loan origination or servicing functions under Mortgage Investor or government agency guideline requirements
Preferred Qualifications:  
  • Courses or experience in Real Estate or Mortgage Finance
  • Advanced level of expertise with MS Excel, Word and Power Point
  • Database management experience
  • Understanding of real estate documents, including purchase and sale agreements, estoppels, SNDAs, leases, ALTA Surveys
  • Experience in mortgage banking, banking and/or with a title company
  • Experience in processing and closing commercial loans for a lender or another mortgage banking institution 

Equal Opportunity Employer: SunTrust supports a diverse workforce and is a Drug Testing and Equal Opportunity Employer. SunTrust does not discriminate against individuals on the basis of race, creed, color, gender, religion, national originTo review the EEO Poster, copy and paste the following link into your browser:
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